Mumbai Indian Hotel Company on Thursday said its homestay offering, ama Stays & Trails, has added over 200 bungalows to the portfolio in over 15 states.
"In line with IHCL's strategy of achieving scale and being the most premium offering in the segments in which we operate, our luxury homestay brand has today crossed a portfolio of 200 bungalows," said Executive Vice President of New Businesses and Hotel Openings, Deepika Rao said in a statement.
The growth strategy has been two-fold: penetrate high-demand clusters like Goa and Maharashtra and build a footprint anchored in IHCL hotels to enable cross-synergies and service excellence, he said.
"Family villa development is witnessing an infusion of fresh capital through new projects reflecting growing investor confidence. Today, more than 65 percent of the project pipeline is new construction," he added. he. ama Stays & Trails is a portfolio of 203 bungalows, with 97 bungalows in development.
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JSW Group signs pact with MSRIT and Sharika Smartec to create an institution
*JSW Group has signed an agreement with MS Ramaiah Institute of Technology (MSRIT) and Sharika Smartec to create an institution focused on smart grid technologies.
Under the tripartite agreement, JSW Group will provide the financial subsidy to the JSW Center of Excellence (JSW-COE), Sharika Smartec will be a knowledge and support partner in the establishment, operation and maintenance of the center.
MSRIT will actively take up the pivotal role of establishing the centre, JSW Group said in a statement.
Located in Bengaluru, the center will serve as a hub for innovative research, training and development in power systems, ultimately contributing to the growth and advancement of the industry.
"In line with IHCL's strategy of achieving scale and being the most premium offering in the segments in which we operate, our luxury homestay brand has today crossed a portfolio of 200 bungalows," said Executive Vice President of New Businesses and Hotel Openings, Deepika Rao said in a statement.
The growth strategy has been two-fold: penetrate high-demand clusters like Goa and Maharashtra and build a footprint anchored in IHCL hotels to enable cross-synergies and service excellence, he said.
"Family villa development is witnessing an infusion of fresh capital through new projects reflecting growing investor confidence. Today, more than 65 percent of the project pipeline is new construction," he added. he. ama Stays & Trails is a portfolio of 203 bungalows, with 97 bungalows in development.
* * * * * *
JSW Group signs pact with MSRIT and Sharika Smartec to create an institution
*JSW Group has signed an agreement with MS Ramaiah Institute of Technology (MSRIT) and Sharika Smartec to create an institution focused on smart grid technologies.
Under the tripartite agreement, JSW Group will provide the financial subsidy to the JSW Center of Excellence (JSW-COE), Sharika Smartec will be a knowledge and support partner in the establishment, operation and maintenance of the center.
MSRIT will actively take up the pivotal role of establishing the centre, JSW Group said in a statement.
Located in Bengaluru, the center will serve as a hub for innovative research, training and development in power systems, ultimately contributing to the growth and advancement of the industry.
