KOZHIKODE: Tourism prospects in the Malabar region have got a shot in the arm as the KTDC (Kerala Tourism Development Corporation) is planning to start another five-star hotel in Kozhikode.
The `55-crore project has received the administrative sanction of the Kerala Infrastructure Investment Fund Board (KIIFB).
“Construction of the new hotel is a major project. The KIIFB has given its administrative sanction for it and will help if more fund is needed for its construction,” said KTDC chairman M Vijayakumar said.
The hotel will be constructed in the vicinity of the beach on 1.16 acres near the State Institute of Hospitality Management (SIHM). The land was originally owned by Kerala Soaps.
It was given to the Tourism Department to start SIHM. A few months ago, the Tourism Department handed over the land to KTDC. The hotel will complement the efforts of the Kozhikode district administration and the District Tourism Promotion Council to tap the tourism potential of the district.