Plans to build ten three star hotels in the next five yearsVijaya Hospitality and Resorts Ltd plans to launch its first five star deluxe hotel at Kundanoor in Kochi. It is scheduled to be operational by 2011.
Spread across an area of three acres of land, the property’s construction will start by the end of March 2008. “The property will be owned as well as managed, by Vijaya Hospitality and Resorts Ltd. We are investing approximately Rs 450 crore for the property,” says Kuriachan Palackal, Senior Manager, Marketing & Sales, Vijaya Hospitality and Resorts Ltd.
The 24 storey hotel will have 320 rooms, 11 banquet halls, 14 restaurants, four swimming pools, a game zone and three fitness centres. From the ground to the fifth floor, the hotel will host a commercial area, conference room, restaurants, banquet hall and a parking area. There will be residential rooms from the sixth floor onwards. The hotel’s terrace will have two helipads.
According to Palackal, the group also plans to build ten three star hotels across Kerala in the next five years. These hotels will include properties at Tripunithura, Vaikkom and Kottayam. The group also plans to start a resort in Kumarakom by 2011.
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