Join hospitality professionals

Enter your email address:



Get all the latest job, news, views, ideas and more FREE!!

NEWS | Kamat Hotels to restructure operations


Kamat Hotels India, the hospitality chain that runs The Orchid Hotel, is restructuring its business operations. It is planning to sell three land parcels and adopt the franchisee route for expansion. The move comes even as lenders are considering restructuring the Mumbai-based company’s debt aggregating Rs 435 crore, as per The Hindu Business Line report.
According to Vikram Kamat, Executive Director, Kamat Hotels India, “The plots of land in Coimbatore, Raipur and Nagpur are for sale on an outright basis. We are also looking to expand our presence in Maharashtra and Gujarat through the franchisee model. Our focus will remain on increasing awareness about our brand." The hotel group, which is in a consolidation mode, will scale-up its regional sales offices from seven to 13 within one year. “Our new offices will come up in cities like Kolkata, Kochi and Panjim,” Kamat added. The hotel chain is present in cities like Mumbai, Delhi, Goa, Pune, Aurangabad, Bhubaneshwar and Konark.

  Source