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The hotel will have 150 rooms besides three restaurants and all other facilities like swimming pool, bar, gym and conference halls. The 12-storeyed facility would be built at an estimated cost of Rs 150 crore and would be the tallest building in Guntur after the construction is complete. Currently ITC operates My Fortune five star Hotels in Bengaluru and Chennai.
The hotel at Guntur would be their third and the first in the AP capital region. The demand for Five Star Hotels increased after the state bifurcation and the announcement of the capital in the region. The construction will be completed within three years and will be declared open either by the end of 2018 or in the first quarter of 2019.
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