Signum Hotels acquires 4 new Punjab hotels

Signum Hotels announces 4 new hotel signings in Punjab. To be developed across tricity, the new properties will be branded as Signum Cityscapes. These hotels are expected to be operational within this year. Highlighting the surge in tourism demand in the state, Mehul Sharma, Founder & CEO, Signum Hotels said, ‘Punjab has witnessed an influx of tourists and businessmen in the last few years leading to increasing demand for quality hotels. Despite the global slowdown, the hospitality segment in Punjab has done well and this is attracting big developers.’ He further added, ‘This year, we aim to open one hotel every quarter in Punjab and will add an inventory of close to 350 keys in the next one year.’

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