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Newstrack
Concept Hospitality to form partnership firm in Doha
To build, acquire and manage hotels; promote hospitality
education
Sanjeev Bhar - New Delhi
Expanding its operations, Mumbai-based Concept Hospitality Limited (CHL) is
likely to tie up with a Doha-based company to form a new partnership firm. Speaking
to Express Hospitality, Param Kannampilly, director, CHL said, "We are
in talks with a Doha-based company to form a new venture which will build and
acquire hotel properties apart from venturing into a management alliance for
existing and upcoming properties. We are yet to sign the MOU for the partnership
firm, which is expected to take place in a couple of months. We will be investing
in the venture in terms of hospitality management expertise."
According to Kannampilly, the new venture would be focussing on refurbishing
and re-structuring existing hotel properties, in addition to building service
apartments. Kannampilly explained, "The future projects offered by our
new company at Doha will adhere to standards similar to Ecotel i.e. environment
friendly, as we intend to promote that concept." The joint venture has
also plans for setting up a hotel management institute for imparting education
on hospitality.
CHL had already made its mark by introducing the Ecotel concept for a Qatar-based
hotel group at Doha. The new partnership is a step towards consolidating its
base in the Middle East. The Orchid Group of Hotels (managed by CHL) recently
won IRCTC bids for hotels at Vijaywada and Madurai in a joint venture approach.
"We are also bidding for Chandigarh and Secunderabad projects and are pretty
hopeful for the same," Kannampilly concluded.
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