Louvre Hotels Set Sights on 50 India Properties by 2015

After announcing the opening of the first “Royal Tulip” in Navi Mumbai, the Louvre Hotel Group, who has partnered with the Mumbai-based Concrete Builders, have announced that they are keen on acquiring 50 properties in India under different brands by 2015 and hope to have 5,000 rooms ready for business at that time.

“At present we have 1,000 rooms spread across our brands Tulip Inn and Golden Tulip, and another 97 rooms with the opening of Royal Tulip in Navi Mumbai. We are targeting 8-10 properties every year under these three brands and are aiming about 50 hotels by 2015,” said Vimal J Singh, Louvre Hotel Group Managing Director for South Asia , to reporters at the press conference.

Other areas for potential luxury hotels from the Louvre Hotel Group are Bangalore and Goa.  Singh continued:

“We are looking at several properties in Goa and Bangalore. But nothing has been finalised yet. We hope some concrete development soon.”

Speaking further about the Navi Mumbai Royal Tulip, Singh stated:

“We are confident that the upcoming international airport at Navi Mumbai, which is 2 kms from here, would have global visibility and thus we see tremendous potential. These new hotels will provide the travellers with more options to experience luxury. We are very bullish on the Indian market and are aggressively looking at developing Louvre branded hotels in India. We are a long term player and looking at long term associations in the Indian market.”

The hotel group is also expecting to introduce its more budget-friendly hotel brands Companile and Premiere Classe to the nation in Tier I, II, and III cities within the next several months.

There are currently around 1800 Louvre Group Hotel employees in India, and as Singh explained, the number is expected to grow along with the hotel’s growing presence in the country.