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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 />

49

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