Monday, 9 January 2012

Chatwal Hotels Rs 2000 Cr Investment Plan in India

Chatwal Hotels & Resorts Announces Rs 2000 Cr Investment Plan in India
Plans 52 New Hotels in next 5 years

As part of its plans to expand the highly successful international hospitality brands Dream® and Night® globally, Hampshire Hotels & Resorts, the management arm of Chatwal Hotels & Resorts unveiled an aggressive brand building initiative in India with the announcement of a five year plan to launch fifty two hotels (40 Night hotels and 12 Dream hotels) in India. Currently courting franchise and management opportunities for both these brands, the initial launch sites will be a Dream® resort in Goa and India’s first location for Night® in Chennai. These will be followed by New Delhi, Mumbai along with Bangalore, Hyderabad, Kolkata, Jaipur and Udaipur. Dream® and Night® hotels are currently in operation in New York, Miami, Bangkok, Thailand and Cochin, India and its international expansion plans include hotels in Vienna (Austria), Prague (Czechoslovakia), Budapest (Hungary), Berlin (Germany), Zagreb (Croatia),        Sao Paulo (Brazil) and 10 other properties in USA including Los Angeles.  

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