Wildflower Hall Auction Fetches Record 47% Revenue Share for Himachal
8 Articles
8 Articles
The auction for the operation of Shimla's Wildflower Hall Hotel received a record bid, offering 47.1% of the Himachal government's annual gross revenue. Revenue is estimated to be around ₹3 crore per month.
Himachal Govt Secures 47.1% Revenue-Sharing Bid for Wildflower Hall Hotel
Shimla, October 30, 2026 (Yes Punjab News) The Himachal Pradesh government on Friday announced the successful completion of a competitive e-auction for granting licence rights to operate and manage the five-star Wildflower Hall Hotel in Shimla, securing a record revenue-sharing bid of 47.1 per cent of the hotel’s annual gross revenue. The government said the […]
Himachal govt grants licence rights of Wildflower Hall Hotel
Digital Desk | Shimla, Oct 30 (IANS) The Himachal Pradesh government said on Friday that it has concluded the competitive e-auction for granting licence rights for the operation and management of the five-star Wildflower Hall Hotel in Shimla, securing an unprecedented revenue-sharing bid of 47.1 per cent of the annual gross revenue. This is said to be the highest-ever revenue-sharing bid in India for a transaction of this nature. The arrangem…
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