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Ceebros To Add Two More Chennai Hotels To Portfolio
Properties To Be Branded Raintree
Bhisham Mansukhani - Mumbai
The hospitality arm of South Indian real estate development behemoth Ceebros,
is in the process of augmenting its presence in Chennai with two additional
properties to go with the existing 106-room boutique hotel. The current hotel,
located on Saint Mary's Road, the company's first which will open in June will
make history as South India's first 'Ecotel' hotel. Ceebros has cited two locations
on Mount Road and the airport vicinity respectively. While Ceebros remains open
to the prospect of international branding and management contracts, all of Ceebros's
hotels will be branded Raintree.
After a long stint with the Narang Hotels International in Chennai and Mumbai,
Geoff Magee has come on board Ceebros as CEO. In an exclusive to Express Travel
& Tourism, he revealed, "We are currently working towards an Ecotel
certification for the first hotel. We have hired an environmental officer and
followed the strict norms pertaining to the classification."
With regard to the Raintree brand, Magee said, "Raintree is an original
Ceebros brand and all hotels and resorts that we develop will be branded Raintree
irrespective of whether we enter into international management contracts. We
are open to such synergies however as we recognise and appreciate their merits.
That said, our own brand presence will also be strong."
On having dual properties in a metro, Magee sees it as a long-term trend. "With
tourism and business interests towards India increasing, there is a danger that
supply is falling behind the demand curve in key metro cities. In such conditions,
it makes sense for established brands to consider dual properties. That is our
strategy for Chennai. However, a vanilla approach will not be prudent as there
are different niches of demand to be serviced within a given city. Ceebros cites
a mix of four-star, budget and service apartments to be the ideal mix. For instance,
our second hotel is slated to be built on Mount Road, centrally located on Chennai's
main road. According to market information and studies coming in, it points
towards the mid-market profile like a four-star deluxe. The company's approach
is to let the market realities for the given location to determine the positioning
of the hotel."
Ceebros's expansion which could also potentially include a resort in Mahabalipuram
and a hotel in Coimbatore, ties in with the recent trend of property developers
tapping the hospitality sector following the Rahejas and more recently Oberoi
Constructions. The Ceebros approach, unlike its western Indian counterparts
is a tad different. "Unlike the orthodox developer, while we are open to
having international hotel management firms operate our hotels while we concentrate
on building them, we are well contained to manage the hotels ourselves."
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