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Oct, 20 2014

StayWell Hospitality to add 18 hotels in India by 2017

The group has two properties in the country and is targeting a mix of major metros and smaller cities including Mumbai, Delhi-NCR, Goa, Jaipur, Bangalore and Chennai along with Hyderabad, Kolkata, Visakhapatnam and Ahmedabad.

StayWell Hospitality, the Australia-based hotel chain is planning to add 18 hotels in India by 2017, says a PTI report.

The group is targeting mid and up-scale segments as part of expansion plans entailing an investment of around $20 million.

The group has two properties in the country and is targeting a mix of major metros and smaller cities including Mumbai, Delhi-NCR, Goa, Jaipur, Bangalore and Chennai along with Hyderabad, Kolkata, Visakhapatnam and Ahmedabad.

"We plan to have 20 properties in India as part of growing our portfolio globally to 100 by 2017. Currently, we have two hotels in the country - one in Jaipur and one in Gurgaon," Simon Wan, Chief Executive and MD, StayWell Hospitality Group told PTI.

When asked about the investment for the purpose, he said it would be around $20 million (over Rs 120 crore).

The company that operates two hotel brands - Park Regis (upscale brand) and Leisure Inn (mid scale brand) said that India offers a great opportunity for expansion as it is one of the major growing economies in the world.

Elaborating on the expansion plans, Wan said, "In the first phase over the next six months, we will be opening five more hotels - a Park Regis each in Goa and Jaipur and two Leisure Inn in Mumbai and one in Hyderabad."

Founded in 2006 with five hotels across Australia, StayWell Hospitality Group currently manages 34 properties globally and employs over 1,300 people. 

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