Hyderabad | Hotels & Resorts

[swajayr]

. The company plans to open a chain of six Ginger hotels across Andhra Pradesh and has started construction on the first 250-room property near the new international airport in Hyderabad. Each of these hotels will typically attract an investment of about Rs 15-20 crore each.[/COLOR]


unquote

any idea where the exact location near airport

[rizwan3]

http://economictimes.indiatimes.com/...ow/6191176.cms
Auromatrix to roll out more Aloft brand hotels of Starwood
20 Jul 2010, 1430 hrs IST,ET Bureau

CHENNAI: Chennai-based Auromatrix Hotels, which is into hospitality business since 1990, has charted out plans to roll out more "Aloft" branded four star properties of Starwood Hotels & Resorts World-wide Inc.


Auromatrix chairman, Kumar Sitaraman told ET, "Our gameplan is to have five Aloft properties before this year-end with a total room inventory of 825 keys. Their cost is estimated to be Rs 550 crore for which we have tied up with SBI and a consortium of banks. Another 10 hotels will be launched in the near future at a cost of Rs 1,100 crore for which we are looking at raising more private equity from CPI India1 and others".

The first Aloft property with 129 rooms was recently launched at Sholinganallur on the IT corridor of Chennai. Soon, the next property with 166-rooms will be opened at Whitefield in Bangalore. They entailed a cost over Rs 200 crore. The other three hotels costing over Rs 350 crore, will be launched first quarter of 2011 at Coimbatore ( near Tidel park), Ahmedabad and Chandigarh.

In the next phase, it plans to enter centers like Hyderabad, Kochi, Jaipur, Nagpur, Mysore, Vizag etc.

[rizwan3]

deleted

[rizwan3]

NANOTEL HOTEL a Business Hotel @Hyderabad

The New Delhi-based Nano Excel Corporation, importers of nanotechnology products and devices,has launched Nanotel Hotel a Business Hotel of 48 rooms in the HITEC City in Hyderabad today.

[rizwan3]

http://www.hospitalitybizindia.com/d...aid=8727&sid=1
GreenPark Hotels plans to expand via management contracts
To open its first five-star hotel in Hyderabad by January 2011
Thursday, August 05, 2010, 11:00 Hrs [IST]

In a bid to expand its footprint across India, Hyderabad-based GreenPark Hotels plans to expand through management contract route. The Group is looking for tie-ups with potential owners to manage the properties. Currently, GreenPark Hotel operates four-star hotels in Hyderabad, Chennai and Visakhapatnam and plans are afoot to open its first five-star hotel in Hyderabad by January 2011. In addition, the Group will set up properties in Bengaluru and Pune.

Speaking exclusively with Hospitality Biz, K Mohan Krishna, Vice President Operations, GreenPark Hotels said, “With 18 years of expertise in the hospitality industry and a dedicated team of professionals in different departments of the hotel, we look forward to take up management contracts and share our years of experience to run properties for the owners. However, we would take up the projects depending upon the standards of the hotel and number of keys (minimum 100 keys), since we do not want to dilute the GreenPark Hotels brand.”

Furthermore, Krishna stated, “We aimed to first own and operate four hotels and then start off with management contracts. As the fourth property will be operational by January 2011, we will go ahead with management tie-ups. We would like to establish ourselves in the South Indian market and then look for expanding in North India. However, if the opportunity comes, we are open to take up the project.”

Elaborating on the upcoming project in Hyderabad, Krishna said, “We shall be opening the fourth property at Begumpet in Hyderabad. This property will be adjacent to the existing GreenPark Hyderabad. With 195 rooms, 20,000sq ft of banquet area, a Pan Asian restaurant, coffee shop, swimming pool, gymnasium, bar, spa and rooftop barbeque, the upcoming hotel will cater to MICE, business, corporate and leisure clientele. The investment for the project is Rs 65 crore.”

However, the USP of the property would be its parking area. The hotel will have parking space for 400 cars. Krishna believed, “With guests coming up for meetings, conferences and functions at our hotel, it is paramount to provide comfortable parking space to our clients.”

Informing about the expansion plans Krishna said, “Another property of GreenPark Hotels is under construction at ADB Road, Kakinada in Andhra Pradesh. The hotel will be under the four-star category with 120 rooms, with an investment of Rs 40 crore. The property is expected to be operational by 2012.”

[rizwan3]

Urbanedge Hotels aims to operate and own four hotels by March 2011


Urbanedge Hotels, a special purpose vehicle (SPV) of Auromatrix Hotels Private Limited, which opened Aloft Chennai recently, plans to own and operate four properties in the Indian market by March 2011. Altogether the investment for the five properties (including Aloft Chennai) will be approximately Rs 550 crore. In the second phase of development, the Group plans to open ten more hotels across the country. For the same, it has identified cities like Hyderabad, Jaipur, Mysore, Kochi and Vishakhapatnam. For all the upcoming hotels, Urbanedge Hotels have signed franchise agreement with Starwood Hotels & Resorts Worldwide for their brand ‘Aloft’.

[rizwan3]

Pride Hotels to invest Rs 140 crore in Hyd, Kochi


Pride Hotels, part of the Mumbai-based over Rs 3,000-crore SP group of companies, is planning to set up two budget hotels in Hyderabad and Kochi under its ‘Pride Biznotel’ brand, with a total investment of around Rs 140 crore.

"We are in the process of acquiring an acre each in these two cities for the proposed projects, and the legal due diligence is already on. We are looking at starting the construction work in the next six months and hope to complete the projects in one-and-a-half years," Satyen Jain, chief executive of Pride Hotels, told Business Standard. The Hyderabad and Kochi properties will have close to 100 rooms each.

The Hyderabad and Kochi properties are part of the company’s Rs 1,000-crore expansion plan of having 30 hotels across luxury, business and resort categories under its fold in all metros and semi-metros, besides tripling its room inventory by 2015, Jain said.

"We are currently studying the Coimbatore market for setting up a property, even as plans are in progress to forge a management arrangement with a hotel in Munnar (Kerala) by 2011," Jain said.

[rizwan3]

Zuri Group to invest Rs 1,200 cr in hospitality

Kumarakom, Aug. 10

Zuri Group Global, the multinational conglomerate, has chalked out a multi-pronged expansion approach for its hotel chain, Zuri Hotels and Resorts, in India and abroad over the next five years.

The company is looking at an investment of Rs1,200 crore in the hospitality sector to set up its own brands and take up management contracts as part of its strategy to increase the number of wholly-owned properties.

Contract

She told a visiting group of journalists from Kochi at the Zuri Kumarakom Resort and Spa that the company intends to set up at least 10-15 projects under the management contract models in cities, such as Hyderabad, Chennai, Mysore, Kochi, while the owned projects will be coming up at Bangalore, Nairobi and in West Asia in the next two years. The company is in advanced stage of discussions with various private owners for management of these hotels, she said.

She said that the six acres of land adjacent to the new International Airport at Bangalore in Devanahalli has already been procured at an investment of Rs 200 crore. The 150-room 5-star luxury hotel is expected to be commissioned in mid 2012.

[rizwan3]

Daspalla's Hyderabad hotel opens
Hyderabad, Aug. 13

The Daspalla Group of Hotels has opened its latest property in Hyderabad, its fourth in the State. Another budget project is coming up in Kakinada. The company invested Rs 40 crore in the project located in Jubilee Hills, and has positioned it as a three-star hotel with five-star features. The 110-room luxury hotel has been developed on land provided by Andhra Pradesh Tourism, as a part of its initiative to create a chain of budget hotel projects in the State. The Chairman of the group of hotels, Mr Raghavendra Rao, told Business Line that the Hyderabad project, to be formally launched on August 15, complements its projects in Visakhapatnam, Guntur and Kakinada. “We are working on another property in Kakinada which will be ready by next year,” he said.

[IndiansUnite]

Hyatt hotel - designed by HK based RAD architects. This is under construction according to them. Is this at Lanco Hills/Manikonda?

[sidney_jec]

the buildings by RAD are very uniquely designed I must say. The Vivanta Delhi, Taj Noida and now this. it looks like a maze about to crumble down

[dineshdb2]

Originally Posted by IndiansUnite

Hyatt hotel - designed by HK based RAD architects. This is under construction according to them. Is this at Lanco Hills/Manikonda?

I've seen a 'Hyatt Hotel' signboard somewhere near Cinemax, at a construction site. This must be it!

[dineshdb2]

Hope this is the one.

[IndiansUnite]

Dinesh, the one in Banjara hills is this one :



It has been designed by John Portman and Associates.

News Link and Project Link

[rockystone]

Trinethra Infra Ventures updates on Status of Hotel Projects


Trinethra Infra Ventures Ltd has announced the status of Hotel Projects under implementation. The Hyderabad Three Star Hotel at Gachibowli is expected to be completed by March, 2011.

The company has completed the possession of Bangalore Resort. The company has commenced construction of Kakinada Three Star Hotel and the Vizag Three Star Hotel at Dwarakanagar is expected to be completed by March, 2011.

The Board has discussed various options at length on rising of equity to meet various projects under consideration.

The stock closed the day at Rs.47.80, down by Rs.1.05 or 2.15%. The stock hit an intraday high of Rs.51.35 and low of Rs.46.25.

The total traded quantity was 4 lakhs compared to 2 week average of 3.74 lakhs.

[dineshdb2]

Originally Posted by IndiansUnite

Dinesh, the one in Banjara hills is this one :


It has been designed by John Portman and Associates.

News Link and Project Link

My bad!

[danxtbuddha]

Live the “last word on eastern opulence” --------------------------------------------------------------------------------

Built in 1893 by Hyderabad's Prime Minister, it was later given to Nizam Mir Mehboob Ali Khan

The 10-year-long restoration was done under the supervision of Princess Esra


HYDERABAD: All those lesser mortals who always dreamt of experiencing the luxury of Hyderabad's legendary Falaknuma Palace, “the last word on eastern opulence,” where the Nizams and their royal guests, King George V and Russian Czar Nicholas II, once stayed and feasted, now is the chance to fulfil it.

After 10 long years of painstaking restoration to the last detail, the palace that majestically rises into the sky, as its Urdu legend suggests, from a hillock south of this bustling 419-year-old city and now metamorphosed into the Taj Falaknuma Palace, is being thrown open to guests on October 1. Bookings have just commenced.

Built in 1893 by the then Prime Minister of Hyderabad, Vicar-ul Umra, the palace was later presented to Hyderabad's sixth Nizam Mir Mehboob Ali Khan.

A rare blend of Italian and Tudor architecture made entirely of Italian marble, the palace is famous as much for its shape — a scorpion with two stings spreading to the north as wings — as for its opulent interiors.

Ornate inlaid furniture, rich handcrafted tapestries and brocades from France, intricate frescoes, 40 138-arm Osler Belgian crystal glass chandeliers, carved balustrades supporting exquisite marble figurines on the stairway and a large dining table made the palace, something of a fairytale castle full of legends.

The palace reflected the tastes of Nawab Vicar, a widely travelled connoisseur of art and architecture who made the Falaknuma Palace a repository of everything he saw and experienced.

All of these have been sensitively restored by the Taj group to their original glory under the supervision of Princess Esra, wife of Prince Mukkaram Jah, the grandson of the seventh Nizam, Mir Osman Ali Khan.

Old world charm

For instance, the Jade Room, where reception was accorded to visiting royal dignitaries, retains its old world charm with its Victorian style hand painted ceiling, gilded reliefs and chandeliers, though now rejigged for hosting afternoon tea, believed to be the Nizam's favourite daily ritual.

The Durbar Hall, embellished with intricately carved wooden ceiling, parquet flooring, regal walnut wood furniture, handcrafted mirrors, has been converted for sit down lunches, dinners and board room conferences.

The dining hall flaunts a dining table, claimed to be the world's largest, that can seat 101 guests at a time. It is known for its famous acoustic system for hearing even whispers, and this has been retained.

The Library, with a walnut carved roof, replica of the one at the Windsor Castle, and the Billiard Room, with a table made especially for the Nizam by the famed Burroughes and Watts of London and the embossed camel leather chairs, too has been kept intact.

The hotel, joining others like Taj's Umaid Bhavan and Rambagh in Rajasthan, offers a choice of 60 luxurious rooms, including seven royal suites and the grand presidential suite (once the private chambers of the Nizam, with a private pool and a personal butler), two restaurants, an outdoor pool and the Jiva Grand spa, all spread over verdant 32 acres. Tariff for a day starts from Rs. 19,500 —nothing perhaps to satiate one's appetite for a sumptuous royal stay.

[rizwan3]

Royal Orchid Plans First Bond Issue to Repay Debt, Fund Hotels
August 19, 2010, 9:09 PM EDT

Aug. 20 (Bloomberg) -- Royal Orchid Hotels Ltd., the Indian franchisee of Wyndham Worldwide Corp.’s Ramada chain, is planning its first corporate bond issue to repay debt and finance new hotels in the cities of Mumbai and Hyderabad.

“Part of the proceeds will go in swapping an earlier loan of about 500 million rupees as bonds may be a cheaper option,” Chander K. Baljee, managing director at Royal Orchid said in an interview. “We are building new hotels in Mumbai, Hyderabad and looking at acquisition of new properties.”

The company, based in Bangalore, is seeking to increase the number of its properties to garner a larger share of the 368.2 billion rupee ($8 billion) hospitality market in India. As many as 3.1 million tourists have visited the world’s second-fastest growing major economy since the beginning of this year, according to Bloomberg data.

[rizwan3]

InterGlobe Announces Major Expansion of ibis Hotel Network in India

InterGlobe Hotels‚ the India joint venture of Accor and InterGlobe Enterprises‚ today announced a significant expansion of its ibis hotel network across India.

InterGlobe Hotels was established in mid-2004 as a joint venture between InterGlobe and Accor (60:40)‚ to develop a network of 25 ibis hotels with 3‚000 rooms across India over a period of 12 years. The venture today announced that it has 19 hotels with 3‚600 rooms committed. This portfolio will have a total asset value‚ inclusive of land of approximately Rs.1478Cr (US $317MN) on the completion of the hotels.

ibis hotels in India currently committed are located across 12 cities – New Delhi‚ Gurgaon‚ Mumbai‚ Bangalore‚ Chennai‚ Pune‚ Ahmedabad‚ Hyderabad‚ Jaipur‚ Nashik‚ Coimbatore‚ Kochi. With an average size of 190 keys (the largest being 465 keys)‚ 12 of these hotels are concentrated in Tier I cities‚ while seven are located in Tier II cities‚ as the group selectively ventures into cities showing significant economic growth. Two hotels are open‚ one more will open this year‚ and seven hotels will open in 2011.

Immediate target cities identified for development are Mumbai‚ Hyderabad‚ Kolkata‚ NOIDA‚ Chandigarh‚ Nagpur‚ Bhubaneshwar‚ Vadodara and Goa. A further six hotels are expected to be committed over the next 12-month period‚ and the venture has ambitions to add 4-6 ibis hotels to its portfolio every year going forward.


The first ibis launched in India in 2008‚ ibis Gurgaon‚ is already a market leader in its segment‚ and was judged the best Economy / Midscale hotel in India in 2009.

Uttam Dave‚ President & CEO of InterGlobe Hotels‚ said “We are very pleased with the progress we are making. Our decision to ramp up development is based on the rapid economic growth that we are seeing across the country‚ combined with the acute shortage of quality hotel accommodation at a value for money prices. We believe our ibis hotels in India are exactly what both domestic and international travelers need and want most while traveling in India.”

[rizwan3]

Pride Biznotel plans expansion

Kolkata, Sept. 6

Pride Group, which runs hotel properties on management contracts in Ranipet, Jaipur, Aurangabad, Salem and Gurgaon under the brand Pride Biznotel, proposes to have a similar property in Kolkata, along with Hyderabad and Kochi, according to a company release.

Mr Satyen Jain, CEO, Pride Hotels Ltd, in a statement, said, “There is an acute shortage of internationally acceptable three-star and four-star hotels in the country and we would like to fill this vacuum by expanding Pride Biznotel to multiple locations to meet the discerning needs of business travellers.”