BANGALORE, July 6: The Metropole and Hotel Krishna Raja Sagar at Mysore are to be privatised. The State Government has invited fresh bids frm private companies in this regard. Earlier bidders had failed to fulfil the necessary conditions. As per the conditions, the bidders should have a minimum of five years' experience in operating hotels of 3-star category and above. They should have a minimum turnover of Rs 5 crore per year and be willing to invest Rs 1 crore on each property.
