Fortune Hotels Adds 4 New Properties in its Portfolio
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Fortune Hotels has announced the signing of four individual operating agreements for hotels in Candolim (Goa), Deoghar (Jharkhand), Haldwani (Uttarakhand) and Tirupur (Tamil Nadu). While Fortune Select, Candolim and Fortune Park, Deoghar offer 100-room each, Fortune Park, Tirupur will offer 62 rooms. The Goa, Deoghar, Haldwani and Tripur property will be operational mid-2022, 2024, summer 2021 and October 2022 respectively.
With these new signings, Fortune Hotels forays across the cardinal directions of India thereby solidifying its presence in these regions, adding more depth to its business and leisure portfolio.
“We are pleased to announce our entry into various growth markets of India. With these additions, we not only increase our appeal in the domestic market but also offer a very interesting destination mix to our business and leisure customers, thereby opening up new vistas for their travel,” Samir MC, Managing Director, Fortune Park Hotels Limited, said and added that it has always been our endeavour to share our expertise with potential ownerships and help them find fortune with us.
“We have great confidence in the India growth story and know that the opportunity lies in tier 2 & 3 markets of India. We are currently exploring many new alliances with hotel investors in these markets and are hopeful to close more such alliances in the near future, "Samir added.
All four hotels enjoy a distinct positioning and address the growing accommodation demand for branded hotels in these destinations. Spread across multilateral directions of India, they fill a major void into these high potential markets by offering quality stay options at an attractive value.
With the signing of these agreements, the premier domestic chain now adds over 300 new rooms across 4 key cities of India, bringing their existing inventory to around 3700 rooms across 42 cities.