Embassy forays into hospitality sector, ties up with Hilton

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Press Trust of India Bangalore
Last Updated : Aug 07 2014 | 5:42 PM IST
Foraying into the hospitality sector, Embassy Group today announced the launch of Hilton Bangalore Embassy GolfLink, with an investment of about Rs 350 crore.
Hilton Bangalore Embassy GolfLink, developed by Kelachandra Group and Embassy Group, is an upscale, full service hotel located within the Embassy GolfLink Business Park, the hub of several Fortune 500 companies in the city.
"Hilton Bangalore Embassy GolfLink is our first hospitality venture. We are delighted to start our hospitality venture with the world's leading hospitality company- Hilton worldwide," Embassy Group Chairman and Managing Director Jitu Virwani told reporters here.
He said: "...The hotel's cost is close to about Rs 350 crores. I think if it is worked out it (per key investment) is close to about Rs 1 crore 20 lakh per room...".
The hotel features 247 studios and suites; it also has four dining venues, six meeting rooms, outdoor swimming pool, and Spa.
Stating that the company is looking at doing two hotels at Manyata Embassy Business Park, Virwani said "again the brand will be Hilton, so slowly I think that each park of us will have an hospitality...."
He said: "We have just started on going ahead and choosing an architect and design, it is still at the preliminary stage. It will take at least good three years from today (for completion)."
"...Roughly we would have about 400 keys in these two hotels...; investment will be close to about Rs 600 crore...," he added.
Hilton Worldwide is a global hospitality company, and has 13 hotels in the country.
"Hilton is one of the world's most recognised names in the hotel industry and we are very excited to extend our portfolio in India, a very important hospitality market for us," Hilton Worldwide Vice President India Operations Daniel Welk said.
"Hilton Worldwide entered Bangalore this year and this is our second hotel in the city," he added.
At present, Hilton Worldwide operates hotels and resorts under four brands in New Delhi, Gurgaon, Mumbai, Pune, Shillim in the Western Ghats, Chennai, Bangalore, Thiruvananthapuram, Vadodra, Jaipur and Goa.
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First Published: Aug 07 2014 | 5:42 PM IST

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