Wednesday, October 12, 2016
Embassy & Hilton Signs Mgt Agreement for Dual-Branded Hotels in Manyata Business Park
Following on from the success of Hilton Bangalore Embassy GolfLinks, the Embassy Group, India’s leading real estate developer, today announced the signing of a management agreement with Hilton for its second hospitality project – A 586-room dual-branded hotel within the Embassy Manyata Business Park that features a Hilton Hotels & Resorts and a Hilton Garden Inn brand hotel. This will be one of the largest dual-branded hotels in India. It will be developed and owned by the Embassy Group and managed by Hilton.
The hotel’s plan and design are in an advance stage of finalisation, targeted to start construction by 2017 and to be completed by 2020. The hotel will be part of a mixed-use development which will also house a Food and Beverage hub and two commercial towers. The entire complex will sport an iconic design by the Singapore based Andy Fisher Workshop. The dual-branded hotel will comprise 586 rooms in total, with 250 rooms at the Hilton and 336 rooms at the Hilton Garden Inn. It will also feature 46,000 sq. ft. of flexible Meetings and Events space that accommodates up to 1500 people.
Located at the entrance of the business park, the hotel will offer two price points in order to serve the needs of global organizations housed in and around the Embassy Manyata Business Park. Talking about the signing, Jitu Virwani, Chairman & Managing Director, Embassy Group, said, “We are delighted to expand and strengthen our partnership with Hilton. Our first hospitality project with Hilton at Embassy GolfLinks has been a great success and we are looking forward to extending our partnership to newer heights.”
Commenting on the development, Sartaj Singh, President, Embassy Hospitality, said “Partnering with Hilton in the development of two more hotels is part of an ongoing, consistent business strategy around the hospitality business. Hilton is a global leader in the hospitality sector and it is reputed for its remarkable service and attention to detail. We also plan to replicate a similar scale project at the 100-acre Embassy TechVillage coming up in East Bangalore.”
Adding at the occasion, Mike Holland, CEO, Embassy Office Parks, said, “Hilton has been our partner for over two years and having a Hilton Hotels & Resorts brand hotel at Embassy GolfLinks has been a great experience. We are committed to enhancing the value of our office park and being strong enablers to our occupiers’ businesses at Embassy Manyata Business Park. This partnership will help in providing a great synergy with our international corporate occupier clientele of 175 international corporates across our commercial parks.”
On signing the agreement, Guy Phillips, Senior Vice President, Development – Asia and Australasia, Hilton, said, “We are very pleased to extend our strong partnership with the Embassy Group and bolster the success of the Hilton Bangalore Embassy GolfLinks through the management agreement for a 586-room dual-branded hotel project featuring two brands – our flagship Hilton Hotels & Resorts brand and popular upscale Hilton Garden Inn brand. We continue to see increasing brand awareness across our brand portfolio in India and this agreement underscores our long-term commitment to this country as a strategically important market where we now operate 15 hotels across 11 cities covering most major markets in the country”.
Kaushik Vardharajan, Vice President, Development – India, Hilton, added, “We are delighted to sign this agreement with the Embassy Group for one of the largest dual-branded hotels in the country. The hospitality industry in India offers exponential potential. We continue to pursue a multi-brand and multiple-partners strategy to drive sustainable growth. Currently, our pipeline in India includes 16 hotels with 2,700 rooms.”