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IHCL to add 30 more Gateway Hotels by 2015

Thursday, 19 Nov 2009
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Indian Hotels Company Ltd (IHCL), promoted by the Tata Group is likely to ramp up its presence in its mid-segment premium brand 'The Gateway Hotel' chain by 2015.

IHCL is planning to add 30 more hotels to its existing chain of 20 Gateway Hotels across India. It is likely to open 13 hotels by 2012 and the remaining 17 by 2015. These hotels are likely to be launched in tier II and other small cities in India. Jalandhar (Punjab), Mysore (Karnataka), Navi Mumbai, Gondia and Pune in Maharashtra, Raipur  in Chhattisgarh, and Kolkata  are likely to be the next destinations for the upcoming hotels. However, the final locations of these hotels have not been disclosed.

The new hotels are expected to be run on the management contract model in which private developers are likely to invest and build hotels on Gateway's prototype and brand. Later, IHCL is expected to purchase the same from them.

Currently, Gateway hotels are present in Agra and Varanasi in Uttar Pradesh, Bangalore, Chikmagalur and Mangalore in Karnataka, Calicut and Coonoor in Kerala, Jaipur, Jaisalmer and Jodhpur in Rajasthan, Madurai in Tamil Nadu, Nasik in Maharashtra, Sasan Gir, Surat and Vadodara in Gujarat, Vijayawada and Visakhapatnam in Andhra Pradesh. Two more are likely to come up at Chennai and New Delhi in June 2010.

Also See:

Indian Hotels buys majority stake in Elel Hotels (13-Jun-09)
 

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