Hotels and resorts:


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Bird Group to open 3 hotels in India mulls acquisitions

Posted on Sep 20, 2016
NEW DELHI: The Bird Group is looking to open three luxury boutique hotels under its brand 'Roseate Hotels & Resorts' in the country and is also considering acquisitions for future expansion.

The Group owns and operates four luxury properties - two each in India and the UK.

"Three hotels are under development in India - Rishikesh, Jaipur and Goa. Rishikesh should happen in the next 12 months, about others I do not have a timeline right now," Bird Group Executive Director Ankur Bhatia told PTI.

The company already has land for these hotel properties, he said, adding all hotels of the Group are luxury boutique hotels.

When asked if the National Capital-based company was looking at inorganic growth also, Bhatia said: "We are looking for acquisitions both internationally and in India. We are open to acquire if there is brand-fit. The markets that we are mainly looking at are UK and India."

The focus is to popularise the brand internationally, he added.

"Other markets that we are also looking at are Spain and the Middle East," Bhatia said.

When asked about the business model the company follows, he said: "At present, all the hotels are owned and operated by us. In future we will be looking at management opportunities but as of right now focus is to own and manage."

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Bird Hospitality launches Roseate Hotels & Resorts

Posted on Sep 13, 2016
Bird Hospitality announced the launch of Roseate Hotels & Resorts.  It includes a portfolio of new and existing luxury hotels that are and will be carefully curated envisaging the best in design, art, hospitality, and personalised service centered on guest experience. With the opening of the Roseate House, New Delhi, the Group owns and ope ...
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IHG Group unveils 1st hotel in Kolkata

Posted on Sep 02, 2016
International hospitality major InterContinental Hotels Group (IHG) is set to launch its first hotel under Holiday Inn brand in Kolkata before Diwali.The mid-market luxury hotel will be operated by IHG, which has joined hands with the city-based real estate developer Jain Group.The 'Holiday Inn Kolkata Airport' is located close to City Centre II in ...
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Bangalore’s Brigade Group to set up SEZ, hotel in GIFT city

Posted on Aug 12, 2016
One of South Indias biggest real estate company, Brigade group, inaugurated work on two new projects in Gujarat International Finance Tec (GIFT) City.The first is a special economic zone and the second, an ibis STYLES Hotel.The SEZ office towers will be of half million sq.ft with flexible office space of which the 1st phase is being launched now.T ...
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Off shoring helps shore up yields in B'luru real estate

Posted on Jul 28, 2016
BangaloreThe office-space crunch in the country's tech capital has prompted a top developer to acquire an upcoming luxury hotel project to expand its business park.RMZ Corp is acquiring what would have been Bengaluru's second Shangri-La hotel for a little over $100 million (Rs 700 crore) to build additional 2.5 million sq ft office space in the cit ...
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Posted on Apr 27, 2016
UK-based hospitality developers Luxury Hotels Group plan to open 200 hotels in India during 2016.The group currently has 150 properties ranging from 3-star to 5-star under its umbrella across the country.Cities that will include a property are Chandigarh, Amritsar and Delhi/NCR in the north; Pune, Bhopal, Aurangabad, Indore and Bhopal in the west; ...
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Taj unveils new luxury hotel in Bangalore

Posted on Jan 14, 2016
Taj Hotels Resorts and Palaces announces the opening of Taj Bangalore, the latest addition to the group's luxury portfolio and the sixth Taj group hotel in the Garden City.However, conveniently located minutes from Kempegowda International Airport, Bengaluru, Taj Bangalore will offer guests a world of sophisticated luxury.“Bangalore is the epicente ...
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Vista Rooms launches affordable business centre offering Vista Lounge

Posted on Dec 17, 2015
MUMBAI: Sensing the demand for affordable meeting spaces among working professionals, budget hotel aggregator Vista Rooms has launched a network of business centres at its hotels. The startup plans to utilize the unused space in the budget hotels under its network by turning them into meeting spaces.The facility - called Vista Lounge - has been lau ...
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Serviced apartments make posh entry in Kolkata

Posted on Aug 20, 2015
KOLKATA: Check into five-star luxury living without checking into a hotel.Posh serviced residences, a concept relatively new to Kolkata, is already proving a big hit with Novotel, which has 48 apartments at its New Town property, recording a near sellout. Three more star residences are on the way that will take the inventory to over 330 apartments. ...
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Sinclairs Hotels to add more hotels in West Bengal

Posted on Aug 18, 2015
KOLKATA: Kolkata-headquartered Sinclairs Hotels is planning to add more properties in West Bengal, beginning with a new business hotel in Kolkata."We have already acquired around one acre land in New Town Kolkata. Plans for a 114 room property have already been sanctioned. The hotel will have extensive banqueting facilities and two restaurants, bar ...
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Keys Hotels launches second hotel in Kochi

Posted on Jun 10, 2015
MUMBAI: Mid-market hotel brand Keys Hotels & Resorts has announced the launch of its hotel in Kochi, its second property in Kerala and 16th hotel across India.Kochi is one of the top destinations for international and domestic tourists and a recent survey conducted by the Nielsen ranks it as the sixth best tourist destination in India.Hotel Keys Ko ...
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Golden Tulip Hotels expands footprint with launch of Vasundhara Delhi-NCR

Posted on Apr 20, 2015
Golden Tulip Hotels continues to expand its footprint in India with the launch of its new property - Golden Tulip Vasundhara Delhi-NCR in the premium and luxury category.Launched in 2007 in India, the company now has 17 operational properties all over the country and three new properties opening under four and five star categories this year, which ...
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Radisson Red to launch its few properties in India soon

Posted on Apr 14, 2015
Global hospitality company Carlson Rezidor Hotel Group has announced the launch of its new Radisson Red hotel brand in India.The launch of this upscale Lifestyle Elect brand is part of Carlson Rezidors aggressive expansion plans for India, which are aimed at extending the groups lead in a country where it currently has 74 hotels in operation and ...
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Lemon Tree invests Rs 1,000 cr to scale up room capacity

Posted on May 16, 2014
Mid-scale hotel chain Lemon Tree Hotels is investing Rs 1,000 crore to ramp up room capacity from 2,800 to 8,000 across the country by the end of 2017. In the first phase, about 1,200 rooms will be added in a year. Lemon Tree has recently received Rs 300 crore from Dutch pension fund APG, increasing APGs shareholding in the hotel chain from 5.66 p ...
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Six Senses Hotels Resorts Spas to open 8 properties globally in 36 months

Posted on Dec 05, 2013
As part of its global expansion, Six Senses Hotels Resorts Spas has announced eight new properties in development, set to open over the next 36 months. The eight hotels are Six Senses Qing Cheng Mountain in China; Six Senses Mont Blanc in France; Six Senses Bhutan; Six Senses Wuma in Taiwan; Six Senses Ninghai in China; Six Senses Freedom in Sanit ...
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Serviced apartments scale new heights

Posted on Oct 04, 2013
Serviced apartments are fast becoming a hot real estate avenue, with as much as a 12-19 per cent annual yield on investments, against 10-12 per cent returns in the commercial segment. Experts say in the serviced apartments space, developers, primarily from the hospitality sector, are targeting non-resident Indians (NRIs), expatriates and now, eve ...
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Kolkata to get its first luxury mall

Posted on Sep 30, 2013
Kolkata will join the league of other three metros in getting a luxury mall with the scheduled opening of Quest mall from the RP-Sanjiv Goenka Group.The mall, set to be launched next week, has been developed by CESC Properties Ltd., a subsidiary of the group flagship CESC. It will have a 7.2 lakh sq. ft. built-up space, with a retail area of 4.15 l ...
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Bangalore is home, suite home for hotels

Posted on Sep 30, 2013
From Ritz-Carlton to JW Marriot, high-end hotels are coming up all over the city. Don't you just love living in Bangalore?The saturation in Mumbai and New Delhi, coupled with skyrocketing real estate prices there, is drawing luxury hotel chains to Bangalore.Hospitality groups are zeroing in on locations like the Central Business District, Devanahal ...
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Panoramic Group to invest over Rs 1,280 cr in next five years

Posted on Sep 18, 2013
Panoramic Group which owns Magic Holidays, a timeshare vacation company, plans to invest over Rs 1280 crore to acquire 64 properties in India and abroad over the next five years, taking the total number of properties that it owns and operates to 100.Hitesh Kshatriya, chief operating officer, Panoramic Group said, "We have around 36 properties in se ...
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Accor to open more budget hotels in India

Posted on Sep 17, 2013
French hospitality major Accor has announced plans to expand in the Indian budget hotel space, envisaging opening 19 committed properties under its value-budget Hotel Formule1 brand in the coming years.Presently, Hotel Formule1 has three properties, in Bangalore (Whitefield), Ahmedabad and Greater Noida, and will soon be opening more in Pune, Hyder ...
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