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Indian Hotels Company expands presence in Kerala with signing new SeleQtions resort

16 Feb 2022 Evaluate

Indian Hotels Company has expanded its presence in Kerala with signing of a new SeleQtions resort in Bekal. Bekal is well known for its beach, backwaters, hill destinations and historic fort. This resort is a management contract with Gopalan Enterprises. It is a Brownfield project slated to open in 2024. There is a growing demand for travel to new and emerging leisure destinations, and this signing reinforces the company’s confidence in the tourism potential of the region. It will be company’s second hotel in Bekal.

The 159-room SeleQtions resort is strategically situated on the backwaters and is a short drive from Bekal beach and the historic Bekal Fort. Spread over about 30 acres, the resort’s design will draw inspiration from the local ethos of Kerala. The hotel will have an all-day diner, a specialty restaurant and bar, and banqueting facilities including picturesque open air spaces, ideal for social as well as business gatherings. The hotel will also have a large wellness facility.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 725.00
ITC Hotels 158.90
Mahindra Holi.&Resor 194.65
EIH 298.35
Chalet Hotels 842.25
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