The hotels would be set up under the leadership of BWI's master licensee Cabana Hotel Management Private Limited, which has 30 years of expertise. In Bangalore, the group would set up its premier hotel at Whitefield. The 225-room hotel with an investment in excess of $12 million is expected to generate employment for 100 people when it is completed by 2009.

Cabana would invest $1.2 billion, while BWI would provide its brand name and expertise in running of these hotels, Cabana co-chairman, Prabhu Goel, said. “The money has been raised through internal funding, but we will have some private equity and debt financing coming in after some time,” he said.