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- Pride Hotels targets 30 fully owned five-star hotels from the current 16 across India by 2020
Pride Hotels Ltd is planning to have 30 hotels across India by 2020. At present, the hospitality firm has opened 16 fully owned five-star hotels in various parts of the country.
SP Jain, Managing Director of Pride Hotels Ltd, said, “We are planning to open a 300 room property in Goa. We are also planning to add 75 and 50 rooms in Nagpur and Pune, respectively. Besides these, we are also planning to expand in Guwahati, Panipat and Nashik. We are also coming up with a new brand exclusively for Millennials. We plan to have 30 hotels by 2020.”
“The hospitality business is full of challenges. Every day comes up with new opportunity. We deal directly with the guests and every day we strive to bring satisfaction on their face by giving quality services in spite of daily challenges,” he added.
He further stated, “Due to a rise in the disposable income of people, the domestic tourism sector has grown and is creating good demand from domestic customers. The international segment has also seen growth over the same period last year due to a good number of inbound arrivals into the country. All these factors will encourage prospects for India as a tourist destination.”