Starwood Hotels & Resorts, which opened its first St Regis hotel in India in Mumbai, is now looking at expanding the brand in the country.
The hospitality has an upcoming St Regis hotel in Delhi NCR.
Dilip Puri, managing director – India and regional vice-president – South Asia,Starwood Hotels & Resorts India Pte Ltd, said, “We are certainly looking to expand the St Regis brand. We believe cities like Delhi, Bangalore and Goa will be ideal for a St Regis. We are actively pursuing opportunities but haven’t signed contracts in any other city as yet.”
Signed in 2010-11, the St Regis hotel in Delhi NCR is owned by Gurinder jit Singh, chairman of GJ Group. The hotel will be part of a mix-use development coming up in Sector-44 in the beginning of Noida Expressway.
Featuring 302 guestrooms and six restaurants the hotel complex will also house 43,000 square metres of ‘A’ grade office space and 42,000 square metres of retail space. The mix-use development will also feature a Starwood branded W Hotel with 526 keys, 56 service apartments and five restaurants.
The GJ Group is also developing a 375-room W Hotel in Mumbai, which will part of the Namaste Hotel & Office Tower located near the St Regis hotel at Lower Parel.
“There are another 10-12 hotels, some brand new developments and many being converted from domestic or international brands to Starwood branded hotels,” said Puri.
The St Regis Mumbai hotel is owned by Atul Ruia promoted Pallazzio Hotels & Leisure Ltd, a subsidiary of Phoenix Mills Ltd. A Pune-based business house, Avinash Bhosale Group owns 27% stake in the Mumbai hotel and already has Starwood as hotel operator for its five-star hotel in Pune under the Westin brand. Last week, the Bhosale Group opened a Starwood branded Le Meridien hotel in Nagpur, and plans to launch a W Retreat & Spa in Goa in June 2016.
Amit Bhosale, executive director of ABIL Hospitality Pvt Ltd and director, Pallazzio Hotels & Leisure Ltd, did not share financials related to transitioning of the erstwhile Shangri-La hotel to Palladium to St. Regis hotel. “We are in the last leg of completing the renovation work post which assessment of the kind of investment being made will be done,” said Bhosale.
On ABIL’s hotel development in Navi Mumbai, which was supposed to be a 500-room Hyatt branded property, Bhosale said, “We are still awaiting clarity on the Navi Mumbai airport development. Developing such a large inventory hotel will only make sense once work on the airport begins.”
Having partnered Starwood for all its hotel developments, ABIL may also look to replace Hyatt as the hotel management company once plans get finalised. “We have a long-standing relationship and comfort level with Starwood and there could be a possibility,” said Bhosale.
Starwood currently operates 47 properties in India across its brands like The Luxury Collection (with ITC Hotels), Westin, Le Meridien, Sheraton, aloft and Four Points by Sheraton. The operator’s development pipeline comprises 37 hotels under various stages of development. Over the next 12 to 24 months it expects to open a dozen-odd properties across the country.