After Bengaluru and Pune, the storied Ritz Carlton is making its way to Hyderabad in the coming years.
Hyderabad to get a new Ritz-Carlton Hotel
Indian hospitality firm Chalet Hotels, the same one that owns JW Marriott Sahar in Mumbai and the upcoming Taj at Delhi Airport’s Terminal 3, has announced that it will introduce its first Ritz-Carlton property in India in Hyderabad. This move will mark Chalet Hotel’s entry into the ultra-luxury hotel segment while strengthening its presence in one of its strongest markets.
According to filings with the Stock Exchanges, the company will invest north of INR 600 crores in the hotel, which will be built in Madhavpur, with the land leased from Mindspace. The hotel should be done in about 36 months, so it will be launched in 2029.
This is another super-luxury hotel arriving in India, just like Waldorf Astoria Goa, which we wrote about a short while ago.
Bottomline
The top end of the Indian luxury market is going to boom further, with every developer wanting to enter the luxury space and hotel chains wanting to expose customers to more of their brands in India. The Ritz-Carlton will open its third hotel in India in Hyderabad in the coming years, in the same league.
What do you think of the Ritz-Carlton arriving in Hyderabad?
Liked our articles and our efforts? Please pay an amount you are comfortable with; an amount you believe is the fair price for the content you have consumed. Please enter an amount in the box below and click on the button to pay; you can use Netbanking, Debit/Credit Cards, UPI, QR codes, or any Wallet to pay. Every contribution helps cover the cost of the content generated for your benefit.
(Important: to receive confirmation and details of your transaction, please enter a valid email address in the pop-up form that will appear after you click the ‘Pay Now’ button. For international transactions, use Paypal to process the transaction.)
We are not putting our articles behind any paywall where you are asked to pay before you read an article. We are asking you to pay after you have read the article if you are satisfied with the quality and our efforts.
Leave a Reply