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Uday Samudra To Open Two New Hotels
Jyoti Koul - New Delhi
Uday Samudra (UDS), which has a four-star leisure property Uday Samudra Beach
Hotel in Kovalam, is coming up with two hotels in Alapuzha in Kerala and Goa.
The hotels will be operational by 2006. The company, which is the hotel wing
of RR Holiday Homes, is investing Rs 14 crore in both the projects.
While UDS has identified an existing property in Goa, it has
bought two-and-a-half acres of land at Alapuzha to build the hotel. These ventures
are expected to be three-star hotels. According to Raja Gopal Iyer, vice
president, UDS, "We are expanding in order to cash in on the demand
supply gap. The Kovalam hotel is already sold out for the next year. But in
order to capitalise on the hospitality boom in India, we need to expand in a
big way." He refused to divulge any more details on the venture like number
of rooms, sourcing of funds etc. "Currently, we are in the process of finalising
the details of these projects," he said.
Meanwhile, 45 rooms and new facilities are being added to the Kovalam property.
At present, Uday Samudra Beach Hotel offers 93 rooms, multi-cuisine restaurants
and well-equipped conference halls besides health and recreational facilities.
The property will get a total facelift and will be ready with the new look by
October this year.
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