Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
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. 

Comment
Related opportunities
  • Healthcare Products
    dr batra..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2012
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About us: International Training Academy (ITA), a dedicated wing of Institute..
    Locations looking for expansion West Bengal
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West Bengal
  • Clinics & Nursing Homes
    About the Brand   A journey that has transformed an idea into..
    Locations looking for expansion Maharashtra
    Establishment year 1986
    Franchising Launch Date 2005
    Investment size Rs. 50lac - 1 Cr.
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Pathological Labs
    About: UFirst Diagnostics is the leading NABL certified pathology lab with..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities