Panoramic Universal Limited (PUL) plans to bring its four star brand, United 21, into the Indian market. The company, which manages two properties under this brand in the United States, will launch the first United 21 hotel in Thane, Maharashtra by month end. It will also develop the brand in Hyderabad, Jaipur and Durgapur.
While the 46 room Thane property is under a management contract, hotels at the other three locations will be owned and operated by the company. PUL will invest Rs 55 crore in the 90 room Hyderabad property, which is expected to be operational by end of 2010. The 83 room Jaipur hotel will incur an investment of Rs 72 crore. It is slated for operations by 2012. The Durgapur hotel will be developed in two phases. The first phase will see the development of 75 rooms, which are to be ready by end 2010. As part of the second phase, the company will develop 45 serviced apartments within the property.
The Thane hotel will also provide a membership club. It will house a multi-cuisine restaurant, a barbeque speciality restaurant, a lounge bar, a 24 hour coffee shop and a rooftop poolside Café. |