Shimla, June 16 -- Himachal government has approved Rs.49.56 lakh consultancy fee to appoint a transaction advisor for operating the eight loss-making hotels of Himachal Pradesh Tourism Development Corporation (HPTDC) in public-private partnership (PPP) mode.

Eight of the HPTDC's 14 loss-making hotels will be operated under an Operation and Maintenance (O&M) arrangement. These hotels had long been unable to generate a profit, and acting on the recommendation of the corporation's management, the government finally decided to hand them over for O&M.

The tourism department has conveyed the government's approval for bearing the consultancy expenditure and depositing the amount into the account of the Himachal Pradesh Infrastructure Developm...