Dholakia group to pump in Rs 200 crore in 12 hotels

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Despite of the on going slowdown in the real-estate and hospitality sectors, Mumbai-based Dholakia group plans to launch 12 new business class hotels accompanied by its spa-chain Rudra and fashion boutiques over next three years.

Dholakia group, which already operates two hotels in Mumbai under the brand name 'Orritel', will have operations in rest of Maharashtra, Gujarat and Karnataka over next three years.

Dholakia group has recently launched its new hotel Orritel at Hinjewadi in Pune. The hotel is accompanied by the group's own spa-chain Rudra.

The group plans to invest Rs 200 crore in various projects over next three years. Speaking to Business Standard, Dholakia group managing director Amit Dholakia said, "We plan to provide four-star category hotel services at three-star rates. The combination of a hotel, a spa and a fashion boutique will help us attract more visitors."

The new hotel is located in Hinjewadi, the information technology hub of Maharashtra, and plans to attract travelling IT professionals.

The hotel has 60 executives rooms, 12 suits and three grand row houses along with a spa and other facilities.

"We are looking at Ahmedabad, Mumbai, Pune and few other locations in Bangalore to set up new hotels. Rudra is a popular spa chain in Mumbai and we plan to extend it on a franchisee basis to a number of cities in north India," Dholakia added.