Chandigarh, Nov. 11 -- Struggling to compete with private players and reeling under mounting financial losses, the Chandigarh Industrial and Tourism Development Corporation (CITCO) has proposed to run its hotels under the public-private partnership (PPP) model.

The proposal covers its three major properties - Hotel Mountview in Sector 10, Hotel Shivalikview in Sector 17 and Hotel Parkview in Sector 24.

To explore the feasibility of this plan, CITCO has constituted a seven-member committee to study best practices for operating hotels under the PPP model.

Headed by the general manager (Finance and Accounts), the committee has been authorised to visit other states, Union territories and corporations, where similar models are in operation....