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Hot Seat
The hotelier and his muse
Lalit
Suri, chairman and managing director, Bharat Hotels, promoter of the Grand
Group of Hotels, is a multi-dimensional man with more facets to his personality
than one can imagine. How does he move so effortlessly from one role to another?
Neeti Mehra attempts to understand the man and his muse
Hotelier. Politician. Industrialist. Philanthropist. Art-collector. One man;
a multitude of personas. It would be simplistic to dismiss the person in question
as a dilettante without weighing his antecedents. But in this case, the accusation
dies an inevitable, silent death. How does Lalit Suri toe the line between so
many disparate worlds, each a complete entity of their own? Putting the question
to the man himself is akin to questioning a veritable monk; the answer doesn't
lie in words; it is considered by deeds done.
Academically bright, he studied in elite institutions of the capital city, where
he resided. An alumnus of the renowned St. Columbas School Delhi and of St.
George's School, Mussoorie, Suri completed an honours degree in commerce from
Shri Ram College of Commerce, Delhi University. It was a forgone conclusion
that he would join the family business, as most scions would want to do. Except
that the family had not diversified into hotels yet. This happened in 1982,
when Bharat Hotels Ltd. was formed.
He pursued automobile engineering in England for two years before returning
to the homeland in 1971, and then joined the family run Delhi Automobiles Ltd
to start and spearhead the company's specialised division for automobile body
fabrication on buses, station wagons, trucks and military vehicles. From automobiles
to hotels, it was a long journey. In 1982 when Bharat Hotels was incorporated,
he started as the joint managing director, and when the family wanted out in
1987, he took over control as chairman and managing director.
Since then, he spearheaded in record time the completion of the company's mega
project of a 444-room 5-star deluxe hotel in New Delhi along with an adjoining
shopping-cum-commercial complexes - World Trade Centre and World Trade Tower.
On October 20, 1988, the hotel was commissioned - InterContinental The Grand,
New Delhi. After this, there was no looking back. He commenced on a rapid expansion
plan and continued his new projects at a time when the entire tourism industry
was going through a downtrend.
But neither the collapsing bourses nor the naysayers could waiver his determination
to succeed. The next venture was the 125-room InterContinental The Grand Palace,
Srinagar. At that time it was considered a great risk to invest in property
in Kashmir, but his foresight and belief inspired him. Many in the industry
didn't consider it a wise move. It was a calculated risk, but ultimately it
paid-off. Today the former palace residence of the Maharajas is one of the leading
heritage resort hotels of the country, riding on the buoyancy of tourism in
the state. It was converted into InterContinental Hotel in April, 2001 - making
it the state's first international hotel. For this initiative, Suri received
the prestigious 'Special Award' from the Government of India, Ministry of Tourism,
one of the many accolades he has received throughout his lifetime.
The venture in Srinagar was undertaken with the sole purpose of assisting the
government in its socio-economic development, offering employment and promoting
tourism. He staunchly supports the concept of public - private participation
in tourism ventures. "What is also encouraging is that the government has
realised the potential of earnings from the tourism sector and the multiplier
effect tourism has on the economy," he says. And now an increasing number
of Indian states are actively promoting tourism - both nationally and internationally
- and new market segments are attracting visitors, which he says is a sign of
a maturing industry.
Disinvestment is also high on his agenda. This is only too apparent in the bid
for the landmark Great Eastern Hotel. The 165-year old heritage property in
Kolkata will operate as The Grand Great Eastern Kolkata, by early 2007, after
restoration. Acquired for a sum of Rs 520 million, it is the third heritage
property owned by the Bharat Hotels Ltd. The hotel will need another Rs 1.2
billion for modernisation and a facelift.
His grit and focus is evident in this success story. Today the Bharat Hotel
group operates its hotels under 'The Grand' banner and its present portfolio
incorporates 7 luxury hotels in the country's metro cities offering more than
1,600 rooms in the five-star deluxe segment. Besides, the group also has interests
in newspaper publication, automobiles, and automotive car air-conditioning systems,
telecommunications, information technology, human resource management, real
estate and property development.
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For a man with a finger in so many pies, he has no trouble
in juggling his life at all. An avid art collector and a philanthropist,
he believes in giving back to society what one has received from it
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For a man with a finger in so many pies, he has no trouble
in juggling his life at all. An avid art collector and a philanthropist, he
believes in giving back to society what one has received from it. He is involved
with a village charity, which helps educate children, rehabilitation of the
visually challenged and is also contributing financially to various charities
in the country. For the past 22 years, he has been operating 10 fully equipped
medical mobile vans. These vans provide free medical advice and distribute medicines
to the needy in villages in Uttar Pradesh. He also contributed in both kind
and donations to the Indian army, for the rehabilitation of war widows and the
army's socio-initiatives in Jammu & Kashmir.
A vociferous supporter of the tourism industry, Suri is also involved in policy
making decisions of various associations and the government. Those roles go
hand in hand with his participation in various industry forums. He was the immediate
past president of Hotel Association of India and is the honorary chairman of
the World Travel & Tourism Council (WTTC), India Initiative. Suri was also
the driving force that ensured that the prestigious 5th Global Travel &
Tourism Summit of WTTC was held in New Delhi, in April 2005. A Member of Parliament,
Rajya Sabha, this is second term, and he is the only representative of the Indian
tourism industry in the Upper House.
His outlook for the year is positive and he gives credit to the government for
it, saying, "The tremendous success of the 'Incredible India' campaign,
the extensive marketing efforts that have gone into this campaign internationally
and the effective use of electronic media along with Internet have brought about
a lot of awareness about the country and 2006 will continue to reap the dividends
of the campaign." He also feels that the high growth rates of the Indian
economy, of more than 7.5 to 8 per cent will continue to bring in good cheer
for the industry.
As for his hotels, he does not feign any modesty, and says, "For my group
of hotels, the Grand Group - as you must be aware, we are the fastest growing
'single owner' chain in the country. Today we have hotels in all major destinations
of the country - New Delhi, Mumbai, Bangalore, Goa, Udaipur, Khajuraho, Srinagar
- with new hotels also being built in Ahmedabad, Bekal and our latest acquisition
of the famous Great Eastern in Kolkata, which we will reopen by the end of 2006
or early 2007, after restoration, as The Grand Great Eastern Kolkata. By 2008
we are also looking at hotels in Hyderabad, Jaipur, Noida, Dubai."
His voice trails off and you can notice the assurance with which he speaks.
For a man with myriad passions in life, the new year has just begun.
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