Fairmont eyes 40 hotels in India in five years

NEW DELHI, Dec 7 (AsiaPulse) - Hospitality firm Fairmont Hotels and Resorts plans to operate about 40 hotels in India in the next five years across its three brands -- Fairmont, Raffles and Swissotel. "In the next 5-6 years, our strategy is to operate up to six hotels under Raffles brand, about 8 to 12 Fairmonts and around 20 Swissotels under management contract in India," Fairmont (Jaipur) General Manager Atul Lall told reporters here.

He said the firm already operates two hotels in India under Swissotel brand in Kolkata and Bangalore, and is set to launch the third property under Fairmont in Jaipur, Rajasthan, in February next year.

"In the near future we are looking at a host of locations including Mumbai, Delhi, Noida and Gurgaon," he said.

The three brands are owned by FRHI Holdings Ltd, a global hotel company with over 160 hotels in 17 countries.

When asked about pricing, Lall said while a Swissotel is priced between US$150 and US$200 per person per night, a room in Fairmont costs anywhere from US$250 to US$450.

"Raffles is priced at around US$600 per person per night," he added. (PTI) cg