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Swissôtel Hotels & Resorts Signs Management Contract with
the Litolier Group for a Flagship Project in India

The 300-room Swissôtel Grand Mumbai is Scheduled to Open in 2014

ZURICH, April 2012 – Having successfully opened its first hotel in India – Swissôtel Kolkata – in July 2010, Swissôtel Hotels & Resorts, the international hotel group of Swiss origin signed a management contract for a flagship project in India: Swissôtel Grand Mumbai. This is in addition to one more hotel under development for the brand in Bangalore.

Located on Andheri Kurla Road in the heart of the new business district in the north of Mumbai, the new Swissôtel Grand Mumbai will offer a total of 300 guest rooms, executive rooms and suites. The hotel’s conference and banqueting facilities will occupy a total area of around 1600m² including the main ballroom measuring 500m2 alone. The hotel will also have a sanctuary for relaxation and rejuvenation - the Pürovel Spa & Sport center.

The hotel is in close proximity to a number of new grade A offices occupied by numerous multinational companies. The Andheri Kurla area, which has approximately 20% of Mumbai’s commercial office space supply, also features new shops and restaurants as well as a new metro line. Swissôtel Grand Mumbai is strategically situated in this prominent business district of the city with easy access to the international airport, which is undergoing major redevelopment, and the rapidly expanding suburbs that are benefiting from improving transport connectivity. The five-star business hotel is due to open in 2014.

"This exciting project at the heart of Mumbai’s commercial centre will drive forward our expansion in the highly promising Indian market,” commented Meinhard Huck, President Swissôtel Hotels & Resorts. “India is the world’s second-largest nation and the numbers involved are huge. India is set to become the world’s third-largest economy by 2020 and consumer demand, particularly in the cities, is continually rising. A robust domestic tourism industry coupled with the increasing global nature of Indian businesses is boosting business travel and providing a very healthy platform for the growth of the hospitality industry.     Amid this environment we see considerable potential for our hotel group and are pleased to be working with a renowned partner, the Litolier Group, which appreciates our Swiss values.“ HVS, a global services and consulting organisation focused on the hospitality industry served as advisor to the Litolier Group during the operator search and management contract negotiations.

Mumbai is the commercial and entertainment capital of India, it is also one of the world’s top 10 centres of commerce in terms of global financial flow, generating 70 per cent of maritime trade in India and 70 per cent of capital transactions to India’s economy. Mumbai is home to financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the  National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations.

About Swissôtel Hotels and Resorts

Swissôtel Hotels and Resorts (www.swissotel.com) is an award winning and distinctive group of deluxe hotels, combining renowned Swiss hospitality with contemporary design, personalised service, charm and efficiency. Located in popular gateway destinations and city centres, the hotels provide convenient access to business and shopping districts. The group's Swiss heritage ensures organisational competence, attention to detail, safety and a superlative guest experience.

The international hotel chain is owned by FRHI Holdings Limited, a leading global hotel company with 101 hotels and resorts worldwide under the Raffles, Fairmont and Swissôtel brands. The company also manages Fairmont and Raffled branded Residences, Estates and luxury private residence club properties.

Hotels under development: Makkah/Saudi-Arabia (2012), Dresden/Germany (2012), Kiev/Ukraine (2012), Bangalore/India (2013), Odessa/Ukraine (2013) and Sochi/Russia (2013).

Contact:

CORPORATE OFFICE
Eva-Maria Panzer
Director Communication
Tel: +41 317 6228
evamaria.panzer@swissotel.com

GERMANY, SWITZERLAND, AUSTRIA, ITALY
Eva-Maria Lindner
Sernior Manager Communication
Tel: +41 44 317 6229
evamaria.lindner@swissotel.com

ASIA PACIFIC
Susie Lim-Kannan
Director Media Relations
Tel: +65 6496 1236
susie.lim-kannan@swissotel.com

 
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Also See: Swissôtel Hotels & Resorts to Manage the 180-room Courtyard by Marriott at Kamala Beach in Phuket, Thailand; To be Rebranded as the Swissôtel Resort Phuket Beginning April 1, 2012 / March 2012

Swissôtel Hotels & Resorts to Open the 230-key Swissôtel Dresden Am Schloss in Dresden, Germany / February 2012

Marco Saxer Appointed as General Manager of the 147-room Swissôtel Kolkata in India / November 2011

Swissôtel Hotels & Resorts Adds to Chinese Portfolio with the 380-room Swissôtel Chengdu in Sichuan Province / November 2011

Swissôtel Hotels & Resorts to Manage Russian Mountain Resort, Gorky-Gorod in Sochi Currently Under Construction to be Completed for the 2014 Winter Olympics / September 2011

Swissôtel Hotels & Resorts Deputs Swissôtel Living, its Extended Stay Suite Concept, at the 63-suite Swissôtel The Bosphorus in Istanbul / July 2011

Swissôtel Hotels & Resorts and OAO Sistema-Hals Sign Management Agreement for Development of the Swissôtel Sochi Kamelia Located Along the Black Sea in the Russian City of Sochi / May 2011

Swissôtel Hotels Appoints Ferry Warnke as General Manager of Swissôtel Kolkata in India and Daniel Fueglister as General Manager of Swissôtel Sydney in Australia / May 2011

Swissôtel Hotels & Resorts Enters Management Agreement with Interpoint Development to Operate the 333-room Swissôtel Odessa in the Ukraine / February 2011

Swissôtel Hotels & Resorts Signs Management Agreement to Operate a Hotel Currently Under Construction in the Ukrainian Capital of Kyiv / June 2010

Swissôtel Hotels & Resorts Takes a Look at its History and a Look to the Future / January 2010

Swissôtel Hotels & Resorts to Open its First Hotel in the Middle East: Swissôtel Makkah in Saudi Arabia / October 2009
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