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Newstrack
Encore to invest Rs 100 crore
To open Rajdhani in Dubai, London
Bhavika Jhaveri - Mumbai
Mumbai-based Encore Hotels plans to
invest Rs 100 crore by the end of 2007 in the initial phase of expansion of its
brand of restaurants and hotels in India and abroad. The company has set its sights
to open 100 Rajdhani, 25 Fine Dine and 15 business hotels in India and abroad
by 2009.
Kamlesh Barot, director, Encore Hotels, says,
"Seeing the tremendous response to the Rajdhani thali, we decided to expand
into Dubai. We are taking over the Woodlands restaurant located in the Al Karama
district. The restaurant offers Gujarati thali on its menu which is its USP, as
there is no restaurant present in that segment in Dubai." Encore is also
looking at opening a franchise outlet in London, which is still at an early stage
of discussion. Encore already has presence overseas - India Quay, Australia and
Revival - The Indian Restaurant in Vietnam.
Encore has
also charted out its expansion route wherein by end of 2006-07 it will have 15
Rajdhanis spread across India in Delhi, Bangalore, Kolkatta, Indore, Nagpur, Pune,
Jaipur and Nathdwara. Currently, Rajdhani is present in nine cities in India and
two Fine Dine outlets in Mumbai including malls and multiplexes.
Speaking
about its business hotels, Encore is looking to tap the Southern market with 50
to 100-room business hotels in Bangalore and Kerala. Currently, it has its presence
in Nashik, Baroda and Lonavla.
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