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International small hotel chain plans to have 50 hotels in India by 2035

Based in Thailand, the secondary international PLC operates secondary hotels and brands such as Anantara Hotels Resorts & Spas, Avani Hotels & Resorts, NH Hotels and NH Collection, which hopes to have a strong business in India over the next decade and by 2035, the company targets 50 hotels. Mint The company has now established its 150-room Anantara Jewel Bagh hotel in Jaipur, said the company has now established its business in India for its 150-room Anantara Jewel Bagh hotel in Jaipur. The company’s three Anantara properties in Thailand have all appeared on recent HBO shows White lotuswhich has led to a huge demand for these hotels.

In India, the company is signing an agreement with hotel owners in cities I and II. “The domestic connection in India is getting easier. Your country has 10 to 12 airports open every year and now the country is standing out due to the economy and attention of its global investors. Your fundamentals are very strong because you are becoming more and more friendly. This will help drive a lot of demand. We are now seeing our international travelers, from the short to the long term, in the short term, it’s a long Indian, from a long time, he’s said a lot of opportunities, he’s said a lot of opportunities, he’s said a lot of opportunities, he’s said a lot of opportunities.

“In Asia, except Thailand, we have two largest economies sitting at our doorstep, India and China. In China, we have now established our presence and have built a large pipeline there. In India, we want to do the same thing and make sure we have strong footprints, mainly because you are now increasingly potential with our ancient travelers, they say to our brand, he said.

Indians rushed to Europe

Group-level minors have seen exponential growth in Indians who have travelled to their properties in the past few years and now account for 15% of all travelers in hotels in Europe, with about 35% entering Asia, including Thailand. The company’s core portfolio-grade revenue rose 16% to 5 billion baht ($151 million) in 2024. He said this year, he hopes to grow not only in revenue but also in the increase in occupancy.

The company owns about eight brands and intends to add two new brands to its portfolio. These brands may also enter India. While Anantara Hotels, Resorts & Spas are more like 5-star chains, Avani Hotels & Resorts is a premium lifestyle hotel brand. The company also co-owned a hotel in Bodhgaya, which is merchandise under its “Oaks” brand. It also owns other brands such as Elewana, NOW, Tivoli and Hesperia in other parts of the world.

The company’s global occupancy rate rose to 68% in 2024, up 2 percentage points, with Thailand leading 70%. The average daily exchange rate (ADR) daily measure average income per occupied room, up 6% year-on-year, while Revenue per Available Room (RevPAR) (RevPAR) is a key hotel performance metric, up 9%. Revpar surges in 17% of Thailand’s 30 properties, powered by new airlines and targeted marketing, attracting high-consumption travelers from North America, Asia, Europe and the Middle East.

By the end of 2027, MINOR expects its portfolio to have about 850 hotels, from the current 560 hotels to the current 560 hotels. About 70% of the company’s current hotels are owned or leased by the company, from 85% of the portfolio portfolio of 530 hotels owned in two years ago. About 90% of its portfolio will be managed hotels.

“Once we have a better understanding of the optical equipment of a country, we start investing in building our assets or hotels there. We want to invest anywhere that gets the highest rate of return and will be fair even in India in the future. But for the moment, our strategy is becoming more asset or “asset” because many of our hotel brands now have their own apartments and he supplements a lot of their equity.” Together with India, the company has also added other new regions to its portfolio, including Japan, Singapore, Saudi Arabia, etc.

Travel around the world to continue

He said that travelers and travel patterns are changing around the world and are less predictive. Many travelers don’t mind the travel economy, stay in luxury hotels, travel businesses, and stay in hotels in premium or mid-market markets. However, Rajakarier is not concerned about any geopolitical uncertainty in the world and says travel is still resilient and that many new travelers join the trend to explore the world compared to the former grocery store, which will continue as middle class growth. ”

According to the latest data from Hosticality Consultancy Hotelivate in June 2024, India has about 200,000 branded hotel rooms, including guests and host families, across the entire Rs 2.4.8 lakh business room. This total is expected to increase to 310,000 by 2029, while branded houses are about 300,000. The brand segment rebounded with new signings and vacancies, and as tourism recovers, the industry is expected to surpass pre-pandemic levels and maintain long-term growth this year.

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