Fairmont Raffles Hotels International (FRHI) has joined the list of global hospitality majors who are upbeat about the India growth story. The Canada-based hotel group is coming up with four luxury Fairmont properties, three Swissotel business class hotels and a resort in the country.
The group, which manages 95 hotels globally, is launching the Fairmont luxury brand in Hyderabad and Jaipur. The company also plans to have two more Fairmont properties — in Bangalore and Mumbai.
The 248-room Jaipur Fairmont will be launched this year, while the 350-room Hyderabad property will come up next year. In 2013, the company plans to open three Swissotel hotels — a brand targeting value-oriented business travellers — in Delhi, Bangalore and Gurgaon.
FRHI currently manages a Swissotel property in Kolkata. FRHI has chosen Goa as a destination for its Fairmont Resorts portfolio.
Fairmont is working with various partners to develop new hotels. Capricorn Hospitality Investments India and its local partner are developing Fairmont’s Jaipur property. It has partnered with MMVL Hotels, a subsidiary of Hyderabad-based real estate player Maheshwari Group, for its property in the city.
“Fairmont sees India as a dynamic, international market which has a potential to grow tremendously. It believes that with strong year-round domestic air access and new infrastructure, the outlook for tourism growth in India is excellent,” said Chris Cahill, president of Fairmont Hotels & Resorts.
