PRN: Expat Group & Wyndham Hotels Group Announce Partnership to Develop Resorts Near Select Indian Metros

16/ott/2014 11:40:59 PR Newswire Turismo Contatta l'autore

Questo comunicato è stato pubblicato più di 1 anno fa. Le informazioni su questa pagina potrebbero non essere attendibili.

Expat Group & Wyndham Hotels Group Announce Partnership to Develop Resorts Near Select Indian Metros


BANGALORE, India, October 16, 2014 /PRNewswire/ --

Bangalore based real estate major, Expat Group, has announced a partnership with Wyndham Hotel Group, the world's largest hotel company with over 7,540 hotels and a part of Wyndham Worldwide Corporation (NYSE: WYN), for their brand Ramada®, to develop a set of three, top of the line resorts, at their weekend home projects located at Pali (Mumbai), Lonere (Pune) and Dharmapuri (Bangalore).

Nestled conveniently a short distance away from the city center, the 3 projects are collectively spread over 400 acres and will offer approximately 350 rooms. The resorts are the first step towards creating an integrated community of weekend getaways and provide happy memories for busy, upwardly mobile families with a full range of services like golf courses, adventure sports, sports clinics, wellness centers, assisted living and residential schools. Pricing for these residential gems is set between 18 to 25 lakh. Home owners, corporate houses and real estate investors can benefit from a steady revenue stream from their investments.

According to Mr. Henry D'Souza, CEO Expat Leisure and Resorts, Expat Group, "We expect our weekend homes, leisure and resorts projects to be a key driver of growth as the market and audience maturity in India makes them a viable option for the burgeoning middle class. For us at Expat, weekend homes, resorts, clubs and sports means enhancing the family experience for our customers, while at the same time boosting their real estate portfolio. We are confident that this prestigious partnership will transform these weekend destinations into recognized landmarks in the coming years."

Deepika Arora, Regional Vice President - Indian Ocean, Wyndham Hotel Group, said, "We have a portfolio of well-respected and globally recognized brands spanning the hospitality spectrum, with strong presence in the economy and midscale segments.  The addition of these new Ramada hotels helps us cater to an increasing demand for global brands in India. The strategic and long term partnership with the Expat Group means a win-win for customers - excellent locations plus the world renowned Wyndham hospitality. The partnership helps expand our footprint in India, an increasingly aware and demanding market."

With weekend getaways becoming a sought after aspiration of the economically savvy Indian family, these projects are ideal destinations from both a lifestyle as well as an investment point of view.

Company Codes: NYSE:WYN
blog comments powered by Disqus è un servizio offerto da Factotum Srl