To open revolving restaurants
Archana Sharma – New Delhi
Australia based hotel management group, StayWell Hospitality Group has aggressive plans to expand pan India. Their expansion plans include signing around 30 hotel deals by 2017 among which 20 properties are expected to be operational in the next two years. Presently, the company has two properties under its mid-scale brand – Leisure Inn – in Gurgaon and Jaipur and will be adding five more operational properties by mid 2015 among which two will be in Mumbai and one in Hyderabad. Moreover, the company will soon open two properties under its upscale brand Park Regis in Goa and Jaipur. Speaking to Food & Hospitality World about their expansion, Simon Wan, CEO and group managing director, StayWell Hospitality Group, stated, “India is one of the main source markets with a rising economy. Also with the aspirations of the middle class rising to travel worldwide, one cannot ignore India if one wants to achieve global standing.”
Talking about establishing the brand in the India market, Rohit Vig, managing director, StayWell Hospitality Group, stated, “Opening the first 10 properties is the most difficult part of creating a brand but we have already signed 10 deals out of which two are operational. But we are still at a point where we have to ensure local presence.” Planning to expand their presence in east and south of India, the next StayWell properties will be opened in destinations like Kolkata, Chennai and Bengaluru. The company will be investing US$ 50 million for its expansion in India. “We will also be allocating US$ 10 million as financial support for managing the operations of these hotels,” he added.
Believing the F&B segment to be the major revenue maker in India, the company will focus on opening restaurants in the country. “We are soon to open a revolving restaurant in Hyderabad, the first of its kind in the region and another one in Goa.”
At present Staywell operates 34 properties across Australia, New Zealand, Singapore, Indonesia, India, the United Kingdom, and the United Arab Emirates.