29
Nov

Will Lalitha Mahal Palace Hotel be privatised?

Bengaluru: After years of uncertainty, the State Cabinet is finally poised to decide on transferring the management of Lalitha Mahal Palace Hotel in Mysuru to a private hotel firm. The decision is expected to be made during the Cabinet meeting scheduled for 3 pm today.
Currently, the hotel is managed by State-owned Jungle Lodges and Resorts, a unit of Karnataka State Tourism Development Corporation (KSTDC).
According to the agenda for the Cabinet meeting, the issue is listed as the 29th topic. The agenda reads: “To select a hotel operator through a transparent tender process to manage and operate Lalitha Mahal Palace Hotel, replacing Jungle Lodges and Resorts.”
The tabling of the hotel privatisation proposal for Cabinet approval comes two years after a similar plan was presented in June 2022. At that time, a Cabinet Sub-Committee decided to issue global tenders inviting hotel conglomerates with expertise in managing heritage properties, rather than favouring a single hotel chain.
A proposal to hand over management to the Taj Group, which had voluntarily offered to manage the hotel, was also discussed. However, the Cabinet Sub-Committee chose not to favour any particular luxury hotel brand, including Taj.