GGIAL, a subsidiary of GMR Airports Ltd, has invited reputed hospitality firms with a yearly turnover of over INR 100 Crore to set up two hotels at Manohar International Airport.
The process of establishing the hotels has been initiated, and GGIAL has allocated a total of 4.26 acres of land in front of the parking lot for this purpose. According to the Request for Proposal (RFP), each hotel will be constructed, developed, operated, and maintained by a hotel chain on 2.13 acres of land within the designated city-side development area.
The hotels are expected to be operational within three years. The concession agreement between GGIAL and the Goa government, signed in 2016, grants GGIAL the exclusive right, license, and authority to develop, operate, and maintain the airport until May 2059, a duration of 40 years. This exclusive right enables GGIAL to undertake the construction of commercial projects near the airport.
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