NRI New York
Hotel chain opens 27 hotels in 21 cities by 2011 with USD 1.5 billion
Hyderabad, January 10, 2008
Y S Rajasekhara Reddy, Andhra Pradesh Chief Minister inaugurated
the group's first hotel, the The Hampshire Plaza Hotell, a 100 room
facility and first Business hotel in the city.
NRI Sant Singh Chatwal, Chairman and CEO of New York-based hotel
chain Hampshire Hotels and Resorts LLC (HHR) plans 27 hotels in
21 cities with USD 1.5 billion investment in India by 2011.
- Next hotel will be a super luxury brand in Kochi in Kerala.
- Aside from this we will look at opening our boutique chain of
hotels in Delhi, Noida, Jaipur, Chennai, Bangalore, Mumbai, Chandigarh,
Ludhiana, Mohali, Indore, Bhopal, Raipur, Ahmedabad, Baroda, Surat,
Pune, Nasik, Nagpur and one more in Hyderabad. We also have plans
to open our first Heritage Hotel in India at Amritsar
Last week, NRI Sant Singh Chatwal attended the NRI semmelan 2008
in Chandigarh and said he was ready to spend Rs 1,500 crore to Rs
2,000 crore in hotel industry in Punjab provided he was not made
to wait along the corridors of bureaucrats. “I have a cheque
book in my pocket and prepared to invest right now but the government
should provide a right atmosphere for the same."
Asked that he made a similar statement 10 years ago, Sant Singh
said he was ready to invest then also but no one took him seriously.
“As the Punjab government did not respond, I invested in southern
states. I plan to set up 25 hotels in Southern cities, including
Hyderbad, Cochin, Bangalore and others. First hotel in the south
would be inaugurated on January 10 and another in April.
“I feel that Mohali is now ready for setting up a seven-star
hotel and other cities like Ludhiana and Jalandhar are ready for
five-star hotels. However, first I will opt to set up a heritage
hotel at Amritsar. I am prepared to take Gobindgarh Fort at Amritsar
for setting up the hotel,” he added.
“I have talked to Chief Minister Parkash Singh Badal today
in this regard and if he clears the proposal, I would go ahead with
it soon,” he said, adding that he had a plan to invest Rs
5,000 crore in next four years in India in hotel industry
Among its convenient amenities and fabulous restaurants 'Cassia
and Hydrate,' the Hampshire Plaza Hotel also brings to India, the
famed Bombay Palace chain of restaurants that has created waves
across the world, including US, Canada, Malaysia, Hong Kong, UK