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Interstate Hotels & Resorts, the United States’ largest independent hotel management company, announced that JHM Interstate Hotels India, a 50/50 joint venture management company between Interstate and JHM Hotels, has signed contracts to operate two more hotels in India that are expected to open this year: the Rajasthali Resort & Spa in Jaipur, developed by Mr. Girish Chand Agarwal, chairman and managing director of Puja Construction Limited, a Jaipur-based real estate development company; and the Ramada Amritsar, owned by Gurgaon-based Starex Developers Private Limited and led by Chairman Mohinder Singh.
“This brings to five the number of hotel management contracts executed since we launched our third-party management platform in India,” said Thomas F. Hewitt, Interstate’s chairman and chief executive officer. “Our business model, focused on local contacts and in-country experience, has translated well to India and enabled us to establish a strong operating platform there. JHM Interstate India opened and currently operates three hotels in the country, and we have developed a robust pipeline of third-party management opportunities to continue our vigorous growth in 2011 and beyond.”
Located at the entrance to Jaipur on National Highway 8, the 63-room Rajasthali Resort & Spa is scheduled to open in late summer 2011 as an independent, upscale luxury resort located in Kukas Village, India, just outside of Rajasthan’s capital city of Jaipur. Situated in the cradle of the Aravali Mountains, the resort’s facilities and amenities will include a combination of 31 luxuriously appointed guestrooms and 32 luxury tents with whirlpool tubs, in addition to two restaurants, high-speed Internet access, fitness facility, swimming pool, spa, and indoor and outdoor banqueting space featuring two large picturesque garden lawns.
The 145-room Ramada Amritsar is the first hotel project for Starex Developers Private Limited. Scheduled to open in October, the five-story hotel, located in the heart of the old city and inside the historic Hall Gate, will be the closest branded hotel to the famous Golden Temple. This central location is approximately a 30 minute drive from the airport and 15 minutes from the railway station. Hotel amenities will include a full-service restaurant, serving both continental and regional specialties, complimentary high-speed Internet access, fitness center, rooftop pool and spa, ancillary retail and approximately 3,000 square feet of function space.
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