The minister, however, said that he wished to retain the prestigious Ashoka Hotel in New Delhi under government control and make it a "very good" international hotel in the national capital.
"It has been decided to sell off 14 hotels owned by ITDC as running money-making businesses like hotels are not good for a government. The decision to sell off the hotels was taken much earlier."
"One or two hotels will be retained under government control...I have a wish...to retain Ashoka hotel in New Delhi under government control and make it a very good international hotel," the minister told a meet-the-press programme organised by the Ernakulam Press Club here.
Mr Kannanthanam also said steps would be taken to open high-end restaurants and provide better amenities at important tourist attractions like Qutub Minar as it was necessary to attract more foreign tourists to the country.
Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on ndtv.com/elections. Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general elections.