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In Brief
Hilton Residences Bangalore To Launch In 2007
The
Hilton International has signed a management contract with the Embassy Group
for a 250-unit Hilton Residences in Bangalore at the Embassy Golf Links Business
Park. Koos Klien, president, Hilton Middle East & Asia Pacific, said
Bangalore is Indias most prolific city at the moment and the service
apartment segment in India especially Bangalore is slowly emerging as a viable
option for long staying corporate guests. It is our hope that Hilton Residences
will become a short and mid-term home for the worlds top engineers, software
specialists and business people especially from the USA, UK and continental
Europe. The Hilton Residences will be Bangalores first five-star service
apartments. Due for completion in 2007, the Hilton Residences Bangalore
will sport four restaurants, a trendy bar, a state-of-the-art business centre,
health club and a golf course.
Kenilworth To Set Up Business Hotel In Hyderabad
The Kolkata-based Kenilworth Group has announced its plans
to set up a business hotel in Hyderabad. Confirming the development, Raju
Bharat, managing director of the group said, We are toying with the
idea of setting up a hotel in Hyderabad. Though the project is in the drawing
board stage now, it is likely to be a greenfield project. It will be a 100-120
room business hotel. The modalities for the project like investment and precise
inventory etc are yet to be worked out. We will be soon visiting Hyderabad to
hold detailed talks with the officials of the Department of Tourism, Government
of Andhra Pradesh for finalising the land for the proposed project.
Replying to a query on why he chose Hyderabad for setting
up the hotel, Bharat said, Once the airport gets operational, it will
become an international hub offering major business potential. Thus, we decided
up on Bangalore. The proposed business hotel will come up next to the
greenfield international airport coming up at Shamshabad near the city. The
project is likely to be completed by 2008.
Baljee Group Looks At Adding Six Properties To Portfolio
The Baljee Group of Hotels that currently operates three properties in Bangalore
and one in Mysore, is looking at increasing their portfolio by adding another
six properties in the country. The company is looking at a total investment
of Rs 250 crore approximately for the expansion, out of which about Rs 100-150
crore would be through equity and the rest through debt.
Revealing this Chander K Baljee, managing director, Baljee
Group of Hotels said, "The six properties that we plan of will fall
under the Royal Orchid brand name, which is our premier brand, but there will
be sub-brands falling under the 5-star, 4-star and budget categories. We are
in the process of branding these sub-brands."
The group is planning to open hotels in Hyderabad, Chennai,
Pune, Delhi and Shimla. "We firmed up our tie-up for our property in Hyderabad
with our plan for a joint development with Harminder Bagga, who is into liquor
trading and real estate. Negotiations are on for other cities," said Baljee.
Armani Hotels And Resorts Launched
Following the signing of a Letter of Intent in 2004, Giorgio Armani Spa and
EMAAR Hotels & Resorts LLC have announce that their respective chairmen,
Giorgio Armani and Mohamed Ali Alabbar, have executed the formal contractual
agreement between the two companies for the development of a unique international
collection of 'Armani Hotels and Resorts'.
The agreement foresees the opening of at least seven luxury hotels and three
vacation resorts within the next ten years backed by an investment of over US$1
billion from EMAAR. The first hotel is expected to be opened by the first quarter
of 2008 and it is already under construction being part of EMAAR Properties'
Burj Dubai development, which when completed will be the world's tallest residential
and commercial building.
Alongside the hotel, the Burj Dubai will offer 160 luxury residential apartments
all designed by Giorgio Armani and fully furnished also with a specially designed
line of products from the Armani Casa home furnishings collection. The schedule
of openings to follow Dubai will be Milan, London, and New York along with the
first resort.
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