Tatas forays into hospitality sector in China

New Dheli: Corporate leader Tatas on Friday announced its entry into Chinese hospitality sector through the group company Taj International Hong Kong.

The Taj International Hong Kong, a wholly-owned subsidiary of Indian Hotels Company Ltd, has signed a management contract with Cuiting Hotspring Management Company, Tatas said in a statement barely weeks before the Olympic Games in China.
Under the agreement, Taj would operate the latest Temple of Heaven Park property in Beijing and the Hainan Hotel project.