|
Newstrack
Bird group to open 10 hotels and resorts in India
Finishes four acquisitions
Dinkar Farwaha - Mumbai
Bird group, under its wholly owned subsidiary Bird hospitlaity services (BHS),
is looking at opening 10 hotels and resorts in India. The group ventured into
hospitality last year by forming a joint venture alliance with Thailand-based
Dusit hotels and resorts.
It has already bought land in Goa, Delhi, Rishikesh and Jaipur. All the four
upcoming properties will be developed under the premium brand 'Dusit Thani'.
The construction of these properties will start soon and are likely to be operational
by 2010. The first property is expected to come up by 2009.
The group has a two-fold plan to increase its portfolio. Apart from these four
properties, two more luxury properties are planned to be built by 2015. To fuel
this expansion, it is eyeing the management and franchise route simultaneously.
Charles Carneiro, head (Marketing & Corporate Communications), The Bird
Group, said, "A simultaneous expansion will be carried out through management
and franchise contracts with hotels that fit the high brand standards set by
us."
For the ownership model, the group is opting for 'Dusit Thani' brand while for
the management and franchise model, the group aims to bring the budget category
brand 'Dusit Princess' and Dusit's lifestyle brand 'D2' to India. It is also
looking at introducing its 'Dusit Devrana', the high-end spa brand and 'Dusit
Residence' serviced apartments to the Indian market.
|