Page 101 - Feb-Mar 2024

AT A GLANCE
Panchshil Realty’s current pipeline of hotels & resorts
• Raaya Maldives
• Soho House Mumbai
• Aloft Bengaluru Whitefield
• The Ritz-Carlton, Pune
• JW Marriott Hotel Pune
• Marriott Suites Pune
• Courtyard by Marriott Pune Hinjewadi
• Oakwood Residence Naylor Road Pune
• DoubleTree by Hilton Hotel Pune – Chinchwad
• Radisson Blu Hotel, Pune Kharadi
• JW Marriott Chandigarh (asset management)
• Varanasi (ongoing)

Investing in emerging Indian markets for hotel development “BALANCING FINANCIAL
offers substantial growth prospects, but it requires a strategic CONSIDERATIONS WITH INNOVATIVE
approach, understanding of local dynamics, and an ability to GUEST EXPERIENCES IN THE
navigate challenges inherent to emerging economies.
Successful investments in India’s hospitality sector can yield HOSPITALITY INDUSTRY REQUIRES
substantial returns and contribute to the country’s evolving A DELICATE EQUILIBRIUM THAT
tourism landscape. HINGES ON STRATEGIC ALIGNMENT
It is important to embrace the YOLO (You Only Live Once)
mindset by curating offerings that cater to thrill-seekers, AND FORESIGHT. FINANCIAL PRUDENCE
explorers, and those looking for unconventional, adrenaline- IS KEY TO SUSTAINABILITY AND
pumping adventures. This approach involves unique PROFITABILITY, YET OFFERING
experiences such as tours or packages that offer distinct and UNIQUE, MEMORABLE GUEST
offbeat experiences, such as extreme sports, remote destination
explorations, or immersive cultural immersions that go beyond EXPERIENCES IS EQUALLY VITAL.”
typical tourist attractions. Innovative dining and wellness-

101
www.hospitality-horizon.com FEBRUARY-MARCH 2024 hospitality horizon