The Pride Group of Hotels has firmed up plans to expand its portfolio to 50 hotels by 2022. Once the new openings are complete, Pride Hotels will have 50 properties and over 5,000 keys offering unique guest experiences across various geographical regions.
It also plans to add 72 rooms and 35 rooms at its five-star properties in Nagpur and Pune respectively.
The focus will be on an asset-light model for its expansion with a major slice of the portfolio managed directly by it. Most of these upcoming properties will be located in popular tourism and pilgrimage circuits primarily in Tier-2 and Tier-3 cities.
The Group presently has around 34 great locations and boasts of over 3,200 keys. The new portfolio includes resorts and hotels in Dehradun, Amritsar, Dwarka, Apati, Chandigarh, Faridabad, Gurgaon, Ujjain, Ratlam, Vadodara, etc. The Pride Wonderland Resort in Apati is an amusement park and a resort located in-between Vadodara and Kewadia.
The Pride Hotel Group operates under ‘Pride Plaza’, ‘Pride Resort’, ‘Pride Hotel’ and ‘Pride Biznotel’ brands with a presence in 34 great locations, 3,200 rooms, 70 restaurants, 92 banquets, conference halls, thereby reinforcing itself as a one-stop destination for MICE.
The company owns seven luxury properties in New Delhi, Bengaluru, Kolkata, Chennai, Ahmedabad, Pune and Nagpur.