Wildflower Hall hotel in Shimla to fetch Himachal government Rs 3 crore monthly revenue

Shimla, Oct 30 (UNI) The Himachal Pradesh government is expected to earn approximately Rs 3 crore per month from the operation and management of the prestigious Wildflower Hall luxury hotel near Shimla, following the conclusion of a competitive e-auction that secured a record revenue-sharing bid of 47.1 per cent of its annual gross revenue. The state government said the bid was the highest-ever revenue-sharing offer in India for a transaction of this nature. The agreement will be for a period of 35 years, with an annual escalation of three per cent in the revenue share. The arrangement is projected to…