Sayaji Pune to Invest Rs 100 Crores
Sayaji Pune is planning to expand its operations with a sports and cultural club, restaurant, mall, convention and conference facilities and serviced apartments. On completion of two years in Pune, Sayaji Hotels is planning to invest Rs 100 crorein the city. “This expansion will be completed by September 2012 with a total investment of Rs100 crore,” said Sajid Dhanani, MD, Sayaji Hotels Ltd.
“The demand for hotels and restaurants is increasing at a good rate in Pune. My estimate would be at 22 per cent as far as hotel business is concerned. Though supply of rooms in the last two-three years has increased considerably, the restaurant business is growing far more rapidly,” said Dhanani. Besides, it also has plans to expand Barbeque Nation brand from current 18 units in the country to around 33 units by the end of the year.
The new Barbeque Nation restaurants will be opened in Mumbai, Delhi-NCR, Chennai, Bangalore, Hyderabad, Kolkata and Pune. Sayaji Hotels further plans to leverage the brand image by expanding in other locations like Bangalore, Chennai and Gurgaon wherein majority of its customers are come from auto, IT and engineering industries.
The group’s turnover was roughly around Rs 190 crore for the financial year 2010-11.
Barbeque Nation brand, Hotel Industry in India, Pune, Real Estate Companies, Real Estate Developers, Real Estate India, Real Estate Trends, Realty News, Sayaji Hotels Ltd Pune, Sayaji Pune, Sayaji Pune to Invest Rs 100 Crores
hello!,I really like your writing very a lot!