Hong Kong-based airport hospitality services provider, Plaza Premium Lounge, is on the expansion mode in India.
The company is upgrading facilities in some of the airports, setting up new facilities. It is also setting up its first Aerotel in India at Rajiv Gandhi International Airport in Hyderabad, Telangana.
The company plans to make an investment of around Rs 500 crore towards upgradation and expansion of the existing facilities, setting up new ones over the next few years.
Plaza Premium Lounge is in advanced stage of developing its first Aerotel in Hyderabad and expects it to be operational by 2020. The project is under construction by Larsen & Toubro.
The company’s service offered through Allways in Delhi will also expand to other cities and talks are at advanced stage with a couple of airports.