KEMPINSKI Hotels is in talks with three different developers for the addition of new properties – one each in Mumbai, Kolkata and Kochi.
“We expect to add these properties to our portfolio in next three to four years. Being in the high-end luxury business we are not looking to expand in a big way,” Duncan O’Rourke, COO, Kempinski Hotels told TTG Asia e-Daily.
Each of its new properties will offer between 150 and 250 rooms.
O’Rourke said that the company has no plans to invest in any of these projects but sign management comtracts for them, adding: “We are also looking at managing residential complexes in India.”
Kempinski Hotels, which ended a 25-year association with The Leela Group last year, has one hotel in India – Kempinski Ambience Hotel Delhi, owned by real estate developer Ambience Group.
“We are investing in two more five-star properties in Gurgaon and Udaipur which are expected to be ready in the next four years,” said Raj Singh Gehlot, chairman and managing director, Ambience Group, who said management agreements would be offered to Kempinski and The Leela Group.
Kempinski Hotels has over 70 hotels in operation at present and it plans to take its portfolio to 112 hotels by 2017.
