IntelliStay Hotels that owns and operates Mango Suites is planning to invest close to $10 mn for its hotel expansion plans in India.
The company plans to open 50 new properties by 2014-15 in cities such as Raipur, Bhopal, Tirupati, Chennai, Coimbatore, Vadodara, Vapi¸ Surat, Ahmedabad, New Delhi, Gurgaon and Jalandhar.
IntelliStay Hotels was acquired by Apodis Hotels and Resorts this year