CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Fortune Hotels, a member of ITC’s hotel group, has further expanded its footprint in Uttar Pradesh by signing an operating agreement for a new upscale property in Gorakhpur.
This marks the brand's seventh alliance in the state, underscoring its strategic focus on tapping into the burgeoning potential of one of India's fastest-growing regions.
The newly signed property, named Fortune Park Gorakhpur, is located in the heart of the city, offering an experience for city, pilgrim, and business guests alike.
The hotel features 74 contemporary, well-appointed rooms, multiple dining outlets, modern meeting and banquet spaces, and state-of-the-art facilities.
The property is expected to open its doors by October 2026.
Samir MC, Managing Director of Fortune Hotels, emphasised the strategic importance of the expansion. "It was only prudent for us to further strengthen our presence in Uttar Pradesh given the state’s brimming potential for promising returns. We already have six strategic alliances in UP, and the signing of this agreement further demonstrates our commitment to the state. Fortune Park Gorakhpur will enable us to cater to all kinds of transient travellers as well as city guests. This up-and-coming region presents a promising opportunity, making it the perfect timing for forging such alliances. With this new property, we emphasise our focus on delivering exceptional hospitality experiences in emerging markets across India."
Recent News
◉ BPCL & KPIT Technologies partner for hydrogen-based mobility in Kerala - Mar 21,2025◉ Bids invited for 220 kV transmission network in Bengaluru City - Mar 21,2025
◉ Madhya Pradesh ready to welcome its 15th IHCL hotel - Mar 21,2025
◉ Sunora Solar ventures into solar inverter manufacturing - Mar 21,2025
◉ Kandla Port to start green hydrogen manufacturing in June 2025 - Mar 21,2025
◉ Slumberzone to foray into India with Rs 100 crore investment - Mar 21,2025
◉ Scimplify to boost R&D and global expansion with $40 million Series B funding - Mar 21,2025