India@FDI Magazine
MEDIASCOPE published India@FDI for distribution at AIM, the Arab world’s largest gathering of investors seeking opportunities for large investments in emerging and new markets/ industries.
MEDIASCOPE published India@FDI for distribution at AIM, the Arab world’s largest gathering of investors seeking opportunities for large investments in emerging and new markets/ industries.
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As Ease of doing<br />
business in India<br />
improves genuinely,<br />
it will usher in new<br />
investments into<br />
the country<br />
Arrive in style at the grand Porte Cochere<br />
of The Leela Palace, New Delhi, where<br />
statues of two white elephants greet you<br />
rank among all hotels in the world. Conde Naste Traveller<br />
magazine had earlier described the Leela Palace hotel in<br />
Bangalore as among the best overseas hotels in the world.<br />
The group operates three properties in Delhi including the<br />
260-room Leela Palace, the 400-room Leela Gurgaon and the<br />
480-room Leela Convention Hotel in east Delhi.<br />
According to Mr Kaul, 80 per cent of the clients at Gurgaon<br />
are from the corporate sector. And the convention hotel has<br />
some of the largest facilities including a 30,000 sq ft banquet<br />
hall, where 4,000 guests can be seated for a convention.<br />
Besides the national capital, Leela operates luxury hotels<br />
in seven other cities including Mumbai, Bangalore, Chennai,<br />
Goa, Kochi, Kovalam and Udaipur.<br />
Referring to the 350-room Leela Palace Hotel in Bangalore,<br />
Mr Kaul says it attracts a lot of Arab travellers who visit the<br />
city for medical purposes. It is also a major IT and commercial<br />
hub, attracting business visitors in large numbers.<br />
The group is also involved in developing a hotel in Agra,<br />
almost facing the Taj Mahal, with a Qatari partner. Its second<br />
hotel in Bangalore is also being developed and a palace hotel<br />
in Jaipur is also coming up.<br />
About 75 per cent of its guests in these properties are<br />
international visitors, notes Mr Kaul.<br />
And as India’s tourism sector – including business tourism<br />
– continues to boom, the hotels industry expects enormous<br />
growth over the coming years. <br />
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