Toshali Resorts lines up new business plans

Our Corporate Bureau

Mumbai, Aug 31: In a bid to consolidate its position in the hospitality industry, Toshali Resorts International has embarked on new business plans like property expansion, new alliances and special offers for holiday-makers in the festive season.

The company plans to build nine additional resorts over the next nine years. The investment per resort will be in the range of around Rs 7 to Rs 10 crore excluding the cost of the land. According to Toshali Resorts International marketing director Harihar Patra, “Funding of the new projects will be through internal resources and limited borrowing from financial institutions.” These resorts will be need-driven and every possible facility will be provided to fulfil the customer need, according to a company release. Keeping in mind Toshali’s belief in hospitality of the highest quality rather than quantity, these properties will be medium-sized with 50 to 75 rooms.

According to Toshali Resorts International managing director T Banambar Patra, “We want to make Toshali one of the pillars of the hospitality industry in India. Our aim is to contribute to the socio-economic goals of the society by developing quality timeshare holiday resorts as our core business with a committed customer-satisfied approach.” According to Mr Patra, to achieve this ambitious plan, the management has instituted a special task force for an improved and efficient manpower structure.