IHCL EXPANDS ITS PRESENCE IN THE MUMBAI METROPOLITAN REGION - SIGNS ANOTHER VIVANTA HOTEL IN THANE
MUMBAI, FEBRUARY 23, 2023: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Vivanta branded hotel in Thane in the Mumbai Metropolitan Region. The brownfield project is slated to open by 2025.
Ms. Suma Venkatesh, Executive Vice President - 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 Private Limited.”
The 122 keys 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.
Mr. Babaji Balaram Patil, Promoter, B.K. Holidays and Resorts Private Limited said, “Thane is now an important city and the stylish Vivanta brand is the perfect fit for it.”
Mr. Akash Patil and Mr. Shubham Patil, Directors, B.K. Holidays and Resorts Private Limited expressed their gratitude by saying “We are delighted to partner with IHCL for this hotel.”
Thane is a metropolitan city in Maharashtra. It was the terminus for the first ever passenger train in Asia built in 1853.
With the addition of this hotel, IHCL will have 31 hotels across Taj, Vivanta, SeleQtions and Ginger brands in Maharashtra including ten under development.
About B.K. Holidays and Resorts Private Limited
B.K. Holidays and Resorts Private Limited is the project owning company. It manages and owns the famous seafood restaurant - Kokan King, a waterpark - B K Resort, large banqueting space - Kokan King Lawns and sweets and confectionery business under the brand ‘Padwa’
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as the World’s Strongest Hotel Brand and India’s Strongest Brand as per Brand Finance Hotels 50 Report 2022 and India 100 Report 2022, respectively; SeleQtions, a named collection of hotels; Vivanta, sophisticated upscale hotels; and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 257 hotels including 70 under development globally across 4 continents, 11 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.
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