(TAN): Indian Hotels Company (IHCL) has signed a deal to set up a Vivanta branded hotel in Thane in the Mumbai Metropolitan Region. The brownfield project is slated to open by 2025, the hotel group said in a news release.
Suma Venkatesh, EVP, real estate & development, IHCL, said, “Thane is a leading business and industrial hub for the state of Maharashtra being a part of the Mumbai Metropolitan Region. This signing is in line with IHCL’s focus on expanding its presence in key emerging markets of India. We are happy to partner with B.K. Holidays and Resorts.”
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The 122-key hotel is strategically situated at Shilphata which is at a comfortable driving distance from both the Jawaharlal Nehru Port (JNPT) and the upcoming new international Navi Mumbai airport. It is a part of a mixed use development spread over 14 acres that comprises multiple recreational choices. The hotel facilities will include the signature all day diner Mynt, a bar, swimming pool and a fitness centre. It will also offer state-of-the-art banqueting space including a 400 sq m hall and meeting rooms.
BK Holidays’ Babaji Balaram Patil said, “Thane is now an important city and the stylish Vivanta brand is the perfect fit for it.”
With the addition of this hotel, IHCL will have 31 hotels across Taj, Vivanta, SeleQtions and Ginger brands in Maharashtra including 10 under development.
