CITCO

CITCO News

UT mulls giving CITCO hotels to private players

Once privatisation of these hotels is done, one of the key losers will be the government officials who have been enjoying discounts at these hotels.

CITCO moves district court for attachment of luxury cars of 2 guests

Anurag Walia, who holds the additional charge of general manager of the Shivalikview, told Chandigarh Newsline that the two cars of the guests are lying on the premises of the hotel.

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Non-payment of dues worth Rs 22 lakh: CITCO serves termination notice to deputy General Manager

A two-member committee has already been formed to conduct an inquiry to look into the role of the other hotel staff - like those at front office or reception so that further action may be initiated.

Hop-on, hop-off: With brand new coach, scheme gets second lease of life

The new red-coloured 66-seater bus has a public address system (PA) to impart information about the tourist spots while on the wheels.

No respite for Chandigarh development body, its hotels still stuck in red

As per a financial report, Hotel Mountview suffered a loss of Rs 3.55 crore for the 11-month period between April 2015 and February 2106, up from the Rs 2.56 crore loss it suffered in the corresponding period in the previous fiscal.

Salary bill of CITCO is 65 per cent of revenue

Gross profit is the total revenue minus the cost of goods, while net profit is ascertained by deducting operating expenses such as salaries and all other expenses such as taxes and interest paid on debt from gross profit.

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Irregularities in CITCO units: Tourism body yet to take action against erring employees

Although the report was submitted in February 2015, the management has so far acted against only six employees, all retired now.

CITCO fails to recover security amount worth Rs 35 lakh

The tourism body had leased out a restaurant to a firm that paid licence fee without furnishing bank guarantee

From April 1 to Nov 30, CITCO sale dips by Rs 45.44 crore

Managing director says performance of each unit will be recorded in ACR of the general manager of the respective unit.

Bird flu scare: Sukhna closure costs CITCO dear

Senior officials said that CITCO has been losing an average of Rs 3 lakh daily for the last 20 days.

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