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Starwood Hotels & Resorts to Expand in IndiaWednesday, February 07, 2007
Starwood Hotels & Resorts Worldwide, a New York based hospitality ownership, management, and franchis organization is likely to strengthen their presence in India and Asia Pacific by announcing to sign a deal with a renowned real estate player, Brigade Group to supervise Sheraton Bangalore Hotel. The hotel building is expected to come up in April 2009. Sheraton Bangalore hotel will known to be a part of a mixed-use integrated township development - Brigade Gateway. The master planning of the hotel is in the process with H.O.K, New York, the largest architectural firm in the world, which clearly ensures the building to be a world class lifestyle enclave including luxury apartments. Bangalore is an emerging city that shows a lot of promise in different aspects. And real estate happens to be one of these key areas. Also known for its ever rising industrial and commercial growth acquired in the past few years, Bangalore is rightly counted among the fastest flourishing metropolises in India. This happening city offers tremendous prospects for growth. Sheraton Bangalore Hotel will be strategically situated in the upcoming business district in Bangalore, and in first-of-its kind integrated township development. The Hotel will be looked upon as the perfect place for business travelers to discuss business as well as relax, truly reflecting Sheraton's key traits of comforting connections for business travelers, says Stephen Ford, Regional Vice President for Starwood Hotels & Resorts, South Asia. The central districts in most cities in India are shifting their base away from contemporary locations due to scarcity of land. Both the business center and the new international airport are in vicinity to the site confirmed for the new Sheraton. This places the hotel in an advantageous position in the business market. Brigade Group has always stressed on adding to the quality of life for its customers. And, the new Sheraton Hotel will compliment the integrated array of amenities of the known Brigade Gateway Enclave. Along with catering to requirements of corporations based in the North Star office facility in Brigade Gateway and North Bangalore, the hotel will also make up for the shortage of hotel rooms in the garden city, Bangalore. Related Readings»Credit-Suisse to Enter Indian Real Estate»Real Estate in India - Flush with Funds
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