Swissôtel has signed a 10-year management
contract with Bengal Ambuja Housing Development Limited Pvt. Ltd.
(BAHDL), part of the Ambuja Realty Group in India, for a Swissôtel
in Kolkata. The hotel is scheduled to open early 2010.
upcoming five-star deluxe hotel will be part of Kolkata’s second
City Centre shopping mall in the new and developing city district
of Rajarhat (New Town). It is
also conveniently located just three kilometres away from Netaji
Subash Chandra Bose International Airport, the only international
airport in the region. In recent years, Rajarhat has become home
to numerous large IT and commercial companies such as IBM,
Philips, Wipro and Tata.
This latest addition to the
Swissôtel family will house 147 rooms, each at least 32 square
metres in size, and three restaurants (including one specialty and
one open-air restaurant), a lobby bar and a poolside bar. Other
facilities include conference rooms with 1,261 square metres of
meeting and banquet space, a fitness centre and a rooftop swimming
“India is the world’s second-largest nation; the
numbers are on a gigantic scale,” said Meinhard Huck, President
Swissôtel Hotels & Resorts. “India is set to become the world’s
third-largest economy by 2020. Consumer demand is growing
steadily, particularly in the cities, and the middle class, which
is also growing rapidly, has ever increasing consumption needs.
Against this background, we see great potential for our hotel
chain and are delighted to have found in BAHDL a well-known
partner that appreciates our Swiss values.”
Formerly known as Calcutta, Kolkata is the capital of the Indian
state of West Bengal. With a population of 6 million and a further
14 million people living in the suburbs, Kolkata is one of India’s
five largest metropolises alongside New Delhi, Mumbai, Chennai and
Bangalore. It is also the main business, commercial and financial
hub of eastern India and the northeastern states. The largest
growth sectors in Kolkata lie in areas like hardware and software
manufacturing, call centres, publishing and healthcare that
prospered as a result of outsourcing, particularly by US
companies. Calcutta Stock Exchange, the country’s second-largest
stock exchange, is also based in Kolkata.
See other recent news regarding: