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www.expresshospitality.com FORTNIGHTLY INSIGHT FOR THE HOSPITALITY TRADE
16-31 May 2009  
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Home - Market - Article

Newstrack

Om Group to expand its hotel portfolio

To open eight to 10 properties within the next five years

Dinkar Farwaha - Jaipur

Rajasthan based Om Metals Infra Projects, which is present in the engineering, hospitality and entertainment sectors, has announced its plans to expand its hospitality domain. Speaking to Express Hospitality, GS Mehra, manager-sales and marketing of the hospitality vertical of the company, said, "We have been present in the hospitality sector since 2005, through our property Hotel Om Tower in Jaipur. We have now taken a decision to establish a strong foothold in the sector and set up properties in various locations in the country."

According to Mehra, Om Group plans to have a portfolio of ten properties within the next five years. "We have recently completed land acquisitions in Delhi and Jaipur," informed Mehra. In Karol Bagh, New Delhi, the company is setting up a three-star property, which it plans to open before the Commonwealth Games begin. "We have also acquired a plot of land in Jaipur, which will be based on the mixed-use development model. We will develop a four-star hotel and a Toyoto car agency on the plot of land."

The group is looking at having a presence in other cities also. "We are negotiating with land owners in various cities and will announce the developments in due course of time," mentioned Mehra. He added that the company would operate all its upcoming properties under the 'Om' brand.

The company's existing property (Hotel Om Tower, Jaipur) opened in 2005. The four-star property offers 56 keys (49 deluxe rooms and seven suites), and also features a revolving restaurant (Om Revolving Restaurant).

 


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