Global hospitality chain Carlson Rezidor Group is on expansion process in India and is set to add 10 more properties to its portfolio across its different brands in 2013.
The group, which operates about 1,400 properties across various markets, now has 64 hotels under its fold in India and has a pipeline of 43 projects to be completed by 2015.
Ronnie Lobo, Vice-President, Operations, South Asia Carlson Hotels, Asia Pacific, said, “The company has targeted to cross 100 hotels by the year 2015. We are on course to achieving the target.”
Speaking to reporters here at their Radisson Blu property, he said, “Last year the Group added 13 properties and we expect to add at least 10 more properties before the end of the current year. On an average, we have about 170-180 rooms per property.”
The group operates through different brands including Radisson Blu, Radisson, Park Plaza, Park Inn Radisson, Country Inns & Suites and Hotel Missoni. The India properties span various of these brands.
The country’s hospitality may be considered to be passing through a slightly subdued phase. Some believe that it is faced with oversupply. But, the average level of occupancy is estimated to be about 65 per cent. This is likely to grow as economy picks up, he said.
The hospitality sector according to research study predictions is likely to get into a buoyant phase by 2015-16, where demand may outstrip room availability, he added.
Unlike markets like the US, Europe and Japan where the demand for hospitality is there round the week, in India it tends to be fine during week days and falls in the weekends. That is one of the reasons why the occupancy level varies, he said.