Lalit Suri Hospitality ventures overseas

THE LALIT Suri Hospitality Group has announced its impending entry into Europe with the scheduled opening of The Lalit London in 2014. The 70-room boutique hotel will also be the group’s inaugural property outside of India.

Situated near Tower Bridge in Central London, The Lalit London will be housed within the 140-year-old St. Olave’s heritage building, acquired by the group for 15 million pounds (US$23.5 million).

“It was very important for us to establish our footprint at the international level,” said Jyotsna Suri, chairperson & managing director, The Lalit Suri Hospitality Group.

“We expect a good response for our property, especially considering that the occupancy level of the hotels in London have been more than 85 per cent for the past few years,” he added.

Lalit Suri Hospitality will be pumping in approximately 12 to 13 million pounds into restoring the hotel. Scheduled to start in early 2013, the renovation is expected to be complete by end-2014.

Indian art and culture will be showcased throughout the hotel, which will also feature a bar, a fine dining Indian restaurant, a spa, a gym, and several meeting rooms.

Meanwhile, Lalit Suri Hospitality is also looking to establish a presence in Asia and the Middle East, through opening joint venture properties in Thailand and Dubai.

The company currently operates nine luxury hotels and resorts in India.

Reporting by Divya Kaul

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