Toronto-based hospitality chain Four Seasons is set to operate four hotel properties in India by 2018, according to an article that ran in the Economic Times.
"We have been looking at India for a long time. Now we have one under construction property at Bangalore, one in Delhi-NCR and the third one is in planning and development stage in Goa. So, we now are looking at four tangible projects in India," says Four Seasons Hotels and Resorts Asia Pacific Hotel Operation President Chris Hart in the article.
The Mumbai property has been in operation since 2008. Bangalore is the next one, set to open in 2015.
Four Seasons will be working with North India realty firm the 3C company for the mixed-use project called Delhi One. Aside from being a 5-star hotel in Noida, the article reports Four Seasons will also offer "180 branded residences in this project, which will be sold by invitation." Twenty-seven of the company's 92 hotels spread across 38 countries contain residential components.
"India has a growing middle class, its population is increasing. Also, the number of outbound travellers from India is increasing. So we need our brand presence here. When people travel abroad they would like to stay with us," Hart said in the article.
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Original Source: The Economic Times