Chandigarh, July 23 -- The UT Administration is considering privatisation of three hotels under the Chandigarh Industrial and Tourism Development Corporation Limited (CITCO), as indicated by its letter to the Centre expressing the intent to "monetise" Mountview in Sector 10, Shivalikview in Sector 17 and Parkview in Sector 24.

A recent communication from the Union government recommended monetisation of UT assets with four stadiums first taken up for this purpose. "But the administration view is that CITCO hotels should be privatised or their management and working outsourced," said a senior UT administration official who didn't want to be named as he's not authorised to speak to the media. The privatisation process is expected to start wit...