A further three Indian properties announced for StayWell hospitality group

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KUALA LUMPUR: StayWell Hospitality Group (StayWell) has announced an additional three properties in India will join the Group’s rapidly expanding net¬work under its Park Regis and Leisure Inn brands.

A 94 room resort-style hotel located north of the main city of in Goa will be the first Park Regis branded property to open in India.

Due to open in late 2013 Park Regis Goa’s facilities will include several restaurants, banquet and conference facilities, business centre, spa and health club and all rooms with private balconies overlooking the hotel swimming pool and many rooms offering a private plunge pool.

Located in Thane on the out¬skirts of Mumbai, a 122 room hotel will be branded as a Leisure Inn property and is expected to open in mid 2013.

The first internationally branded property in the region, Leisure Inn Thane will offer facilities including banquet and conference facilities, as well as an all-day-dining coffee shop and bar, al fresco restaurant and rooftop bar to be launched soon after opening.

Expected to open mid 2013 is a 52 room hotel which will be branded as Leisure Inn Grand Chanakya.

Located in the centre of Jaipur on MI Road, the prop¬erty will offer extensive facili¬ties including a rooftop bar and grill, all-day-dining restaurant, vegetarian restaurant, banquet and conference facilities.

Yesterday’s announcement brought the total number of StayWell Hospitality Group In¬dian properties to six, with three properties announced earlier this month, located in Hyderabad, Raipur and Greater Noida.

Simon Wan, CEO of StayWell commented that the six proper¬ties announced this month were just the tip of the group’s expan¬sion plan in the region.

“The growth opportunities in India for StayWell are extremely positive and exciting.  Six properties announced in such close succession represent the speed in which StayWell is gaining ground in this market.

“In addition, we have other deals in India nearing completion, including the high probability of further properties in Chandigarh, Indore and Pune.

We maintain that we will strive to increase our portfolio in India to a total of 25 hotels by the end of 2014 and 50 hotels by 2016,” he said.

Rohit Vig, managing director for India, added that StayWell’s strategic plan was targeting an area of the Indian market with the biggest growth opportunities.

“Ultimately, we are targeting the middle segment domestic travellers in India.  With a rapidly growing middle class with disposable income the market is huge. We are actively targeting tier I and II cities as well as looking at tier III cities.

“Of the 50 hotels we plan to launch in India, sixty per cent will be branded under our Four star Park Regis brand whilst the other forty per cent will be branded un¬der our economy brand, Leisure Inn,” he said.

StayWell Hospitality Group’s current portfolio sits at 36 prop¬erties including recently an¬nounced Park Regis Kuta, Bali and further announcements pending for properties in Kuala Lumpur and Shanghai.

StayWell’s head office is based in Sydney, Australia, with re¬gional offices in India, Singapore, Dubai and Shanghai, as well as global sales offices in London, Munich and Hong Kong.