The Indian Hotels Company Limited (IHCL) Expands Presence In Karnataka With Signing Of A Vivanta Hotel In Manipal, Udupi
This will be IHCL’s 17th hotel in Karnataka
From L to R: Siddharth Thaker, Managing Partner, Prognosis Consulting, Suku Verghese, AVP-Development, IHCL, Arjun Ballal Director, Ballal Developers, Nagaraj Ballal, MD, Ballal Developers, Puneet Chhatwal, MD & CEO, IHCL, Cynthia Noronha, VP – Legal, IHCL , Suma Venkatesh EVP and Head of Real Estate & Development, IHCL and Rajendra Misra, EVP and General Counsel, IHCL.
Mumbai, September 19, 2019: The Indian Hotels Company Limited (IHCL), South Asia’s largest hospitality company, today announced the signing of a Vivanta hotel in Manipal, Udupi, Karnataka. This hotel is a management contract with Harinath Builders & Developers Pvt. Ltd., a sister concern of Ballal Developers Ltd.
Commenting on the signing, Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL said, “The signing of Vivanta Manipal is aligned to Aspiration 2022 with its focus on aggressive domestic growth. We are delighted to have partnered with Ballal Developers for this hotel and through this association provide a contemporary suite of offerings to both business and leisure travellers.”
Strategically located on the main Udupi – Manipal road on NH 169A, Vivanta Manipal is just one and half kilometres from the campus of the world famous Manipal Academy of Higher Education, and is within walking distance of various shopping malls, commercial complexes and entertainment options. The proposed hotel will comprise 100 well-furnished guest rooms and will include an all-day dining restaurant, bar, a rooftop diner, recreation facilities and modern meeting spaces.
Commenting on the partnership, Mr. Nagaraj Ballal, Managing Director and CEO, Ballal Developers, said, “We are proud to have joined hands with IHCL, the pioneers of Indian hospitality and custodians of the Taj brand, in bringing Manipal - Udupi’s first upscale hotel under the brand Vivanta”.
Well connected by road, rail and air, Manipal, a university town, boasts of scenic beauty, proximity to the coast and presence of key cultural and religious sites. In addition to being the District Headquarters, Udupi is also one of the most renowned pilgrimage destinations in India as the home of the famous Udupi Sri Krishna Matha and being located just a couple of hours from the famous Mookambika Temple.
About Ballal Developers
Ballal Developers has been active over the last 40 years in Manipal, Udupi and Mangalore in the field of construction including Residential & Commercial projects as well as Infrastructure projects by the Government. This will be the first hospitality venture by the group.
About The Indian Hotels Company Limited (IHCL)
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 hallmark of iconic hospitality, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels and Ginger which is revolutionizing 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 operates 190 hotels including 38 under development globally across 4 continents, 12 countries and in over 80 locations.
The Indian Hotels Company Limited (IHCL) is South Asia’s largest Indian hospitality company by market capitalization. It is primarily listed on the BSE and NSE.
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