Carlson Rezidor has announced the entry of its upscale hotel brand Radisson in Mumbai, Maharashtra with the signing of a 112-key hotel. Located in Andheri suburb of the city, the signing of Radisson Mumbai Andheri MIDC is expected to accelerate the group overall growth and expansion plans in the country. The hotel is being developed in partnership with GHV Hospitality India, and will be managed by Carlson Rezidor Hotel Group.
The move is well-timed. As per the latest report by HVS, Mumbai market has seen an encouraging uptick in average rates and occupancy figures after prolonged periods of a subdued business climate. Mid-segment hotels, in particular, are expected to benefit from the tailwinds.
Commenting on the development, Raj Rana, chief executive officer, South Asia, Carlson Rezidor termed the move “a unique opportunity.” “We are delighted to sign the management agreement for Radisson Mumbai Andheri MIDC which is significant to us in many ways. Radisson is a firmly established global brand with over 200 hotels in operation and development throughout the world. The brand inspires service standards of the highest level and is very well positioned to serve the bustling market of Mumbai,” he said.
Mehttab Siddiqui, chief operating officer, GHV Hospitality India noted “Radisson is a strong and well-established brand in India and we feel proud to be associated with it. We are happy with the professionalism and market expertise demonstrated by the brand and confident of the operational competence that Carlson Rezidor brings to the table. We are looking forward to successful returns on our investment overtime,” he said.
The hotel is located in MIDC – it is one of the prominent industrial zones of Mumbai and home to numerous successful manufacturing units. The hotel is merely 2.5 kilometers from the Mumbai International Airport and is expected to generate corporate as well as leisure demand due to its desirable location. The hotel’s location offers easy access to major residential and infrastructural developments, commercial buildings, retail, and health care facilities.
In terms of inventory, the hotel constitutes pre-function and function space of approximately 500 square meters, a fitness center and swimming pool. The hotel is expected to be operational by 2019.
Carlson Rezidor currently holds a portfolio of 140 hotels in operation and under development across 60 Indian cities, including 16 state capitals.