MGM Hospitality has signed a definitive agreement to operate its first destination hotel in India. The MGM Grand and Skylofts New Delhi will be part of a dynamic multiple-hotel development in the national capital of Delhi.
Located a mere 350 meters from National Highway 8, the site has convenient access to the burgeoning business city of Gurgaon, posh South Delhi, the diplomatic enclave, the Central Business District and the new commercial and hospitality district near the New Delhi International Airport.
In partnership with Silver Resort Hotel India Pvt Ltd (a company promoted by Blue Coast Hotels Ltd), MGM Hospitality will provide design assistance and operate this luxury hotel facility under the legendary brand of MGM Grand. The new hotel will feature approximately 480 MGM Grand guest rooms, along with a number of exclusive Skylofts brand suites and serviced apartments.
“This development marks our entry into the burgeoning India marketplace,” said Gamal Aziz, president and CEO of MGM Hospitality. He added “Our brands are known the world over, but being welcomed into a new nation is always exciting, especially one with a hospitality market as dynamic as India’s.”
Groundbreaking on the project is scheduled for March 2011. MGM Grand New Delhi is anticipated to welcome its first guests in early 2014.
MGM Hospitality is a wholly owned subsidiary of MGM Resorts International (NYSE: MGM), that was formed to operate hotels, resorts and residences in key destinations around the world under the brands Bellagio, MGM Grand and Skylofts.
Silver Resort Hotel (I) Pvt Ltd is promoted by Blue Coast Hotels Ltd. The Company has acquired 5.03 acres of land from Delhi International Airport Limited (DIAL) in the hospitality district of the Delhi International Airport. The gross built up area is 7.30 lacs sq. ft. for an upscale luxury hotel with hotel apartments.
Blue Coast also owns the 251 room five-star deluxe luxury resort Park Hyatt Goa Resort & Spa in Goa which is the first and the only ‘Park Hyatt’ in India. The group has handled green field projects from land acquisition to making of the market leaders and has relationships with leading International hotel chains such as Hyatt and Sheraton.
 |
| MGM Grand, Las Vegas |
In partnership with Silver Resort Hotel India Pvt Ltd (a company promoted by Blue Coast Hotels Ltd), MGM Hospitality will provide design assistance and operate this luxury hotel facility under the legendary brand of MGM Grand. The new hotel will feature approximately 480 MGM Grand guest rooms, along with a number of exclusive Skylofts brand suites and serviced apartments.
“This development marks our entry into the burgeoning India marketplace,” said Gamal Aziz, president and CEO of MGM Hospitality. He added “Our brands are known the world over, but being welcomed into a new nation is always exciting, especially one with a hospitality market as dynamic as India’s.”
Groundbreaking on the project is scheduled for March 2011. MGM Grand New Delhi is anticipated to welcome its first guests in early 2014.
MGM Hospitality is a wholly owned subsidiary of MGM Resorts International (NYSE: MGM), that was formed to operate hotels, resorts and residences in key destinations around the world under the brands Bellagio, MGM Grand and Skylofts.
Silver Resort Hotel (I) Pvt Ltd is promoted by Blue Coast Hotels Ltd. The Company has acquired 5.03 acres of land from Delhi International Airport Limited (DIAL) in the hospitality district of the Delhi International Airport. The gross built up area is 7.30 lacs sq. ft. for an upscale luxury hotel with hotel apartments.
Blue Coast also owns the 251 room five-star deluxe luxury resort Park Hyatt Goa Resort & Spa in Goa which is the first and the only ‘Park Hyatt’ in India. The group has handled green field projects from land acquisition to making of the market leaders and has relationships with leading International hotel chains such as Hyatt and Sheraton.
No comments:
Post a Comment