Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 09 2019

Leisure Hotels looks for expansion opportunities in leisure hospitality space pan-India

Presently, the hotel company is on an expansion spree in North India with slew of new openings scheduled throughout 2019. 

Leisure Hotels looks for expansion opportunities in leisure hospitality space pan-India

Leisure Hotels will explore expansion opportunities in the leisure hospitality space pan-India. Presently, the hotel company is on an expansion spree in North India with a slew of new openings scheduled throughout 2019. 

Leisure Hotels at present has 25 hotels with a total inventory of 1,000 rooms under-owned, managed and franchise models.

Vibhas Prasad, Director, Leisure Hotels, said, “The group has woken up to the potential in the nearby states of late and looking at expanding the brand footprint to places like Shimla, Manali, Dharamshala, etc in Himachal Pradesh.”

“We are quite cognizant about leisure market opportunities across India. We have proposals from Sikkim in the North East to Kerala in the South. We will be ready to expand pan-India in a year’s’ time,” he added.

The company is further aiming some greenfield development on the wildlife circuit such as Kanha, Pench, Pilibhit and Tadoba.

Prasad stated, “We are also negotiating a second property in Goa. In Uttarakhand, we have better market knowledge and expertise than any other brand. We follow an Asset right model when it comes to business.”

In a bid to expand the brand presence, the group would be exploring numerous new business models like lease, SPVs, etc.

“We are looking to expand through lease model in a big way in markets where we have the knowledge and expertise. This is the first time that we are going into lease model,” Prasad further added.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Bars, Pubs & Lounge
    Drifters Brewery was born out of the need to bring..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2021
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Others Food Service
    Mahavir Mevawala is a Trusted Name Since 1989 Engaged in..
    Locations looking for expansion Haryana
    Establishment year 1989
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Others Food Service
      Investment Brand Fee Space Staff Exp. Monthly Sales Profit ..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater indore Madhya Pradesh
  • Ayurvedic, Herbal & Organic Products
    Fight COVID19 Together    We are manufacturing Government Certified N95 and KN95&..
    Locations looking for expansion Uttar pradesh
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Ghaziabad Uttar pradesh
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities