Hyatt Hotels Corporation, American multinational hospitality company based in Chicago, Illinois has entered into a management agreement with Shah Lagoo Properties LLP, a development and real estate company with registered office in Sangli, Maharastra to open a hotel in Sangli, India.
Sangli is a centre situated on the banks of the Krishna River in the state of of Maharashtra in south - western India, famous for its artists’ district, many sugar factories and to be nicknamed the “Turmeric City of India” for being the country’s and largest hub for production and global trade of this spice.
The upcoming Hyatt Place Kolhapur is a project that is part of Hyatt Hotels Corporation’s strategy aligning with the company’s focus on expanding in underserved markets, particularly in secondary cities and high - growth potential centres like Sangli.
The city offers relevant tourism performances through cultural shows, religious festivities alongside its main attractions like Sangli Fort, Ganapati Temple, Sagareshwar Wildlife Sanctuary, the Irwin Bridge and museums, making it a vibrant destination for tourists interested in history, nature, and local traditions.
The future hotel will be part of SL Highstreet, a mixed - use development in the region, strategically located with excellent connectivity to Bangalore, Mumbai and Pune, offering dynamic office spaces and retail shops, a commercial hub complemented by an entertainment and game zone.
The area boasts unmatched amenities, including support services, an 8 - storey parking plaza, flexible working spaces, a Vastu - compliant green building, a location which presents unparalleled opportunities for investors and businesses.
The hotel aims to cater to both business and leisures tourists, positioned to serve the needs of travellers in Maharashtra’s growth corridor and will feature 115 comfortable rooms, a dining venue open 24/7, a fitness centre, a swimming pool, and banquet and conferences facilities for events and gatherings.
The hotel will enter into a select - service brand as Hyatt Place, designed for mid - to upper income business and leisure travellers, known for its modern comforts, offering a blend of spacious guestrooms with distinct work and rest zones, 24/7 convenience and a focus on style and innovation.
The timeline for the hotel’s opening has not been specified. The agreement with Shah Lagoo Properties LLP represents Hyatt Hotels Corporation continued investment and part of a broader strategy to enhance its presence in the Indian market.
Hyatt Hotels Corporation has been working to increase its footprint in the country by targeting emerging cities and regions with growing demand for hospitality services.
Links
https://newsroom.hyatt.com/100925-Hyatt-Announces-Plans-for-Hyatt-Place-Kolhapur-Sangli-Strengthening-Brands-Expansion-in-India
https://www.hotelnewsresource.com/article138418.html
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