HBI Staff | Hyderabad 
ShriGo Hotels & Resorts, announces their next phase of expansion with the opening of ShriGo Hotel Gangtok. The hospitality chain currently operates 43 properties across India and wants to add 50 more properties by 2023. Along with the domestic expansion, the company is also eyeing the international market. The group recently opened a property in Thailand, and soon will be entering Bhutan, Vietnam, and Sri Lanka.
The new property is located near M.G. Marg in the capital city of Sikkim, Gangtok. The place has 40 rooms, looking out to the stunning panoramic views of the city and the mighty Kanchenjunga Mountains. The rooms are designed with contemporary elegance to make the stay comfortable and memorable in this mountain state. The hotel is targeted towards the rising business and leisure travellers, wanting to stay in close proximity to the centre. They also have restaurant serving local cuisine, banquet hall conference hall, having a seating capacity of 150 and equipped with state of the art technology. All the rooms & public places are fully furnished, with amenities & facilities.
The group already has a large network of hotels and majorly caters to Tier 2-3 cities which often faces a dearth of good hotels. In order to cater to the different target audiences, they have three sub-brands to opt from- ShriGo Hotels represents 5 star properties, Spring Sky is for 4-3 star hotels whereas under Purple Pearl, economy hotels falls.
The chain hotels by virtue of the immense synergies, distribution network, central reservation systems, pan-India sales and marketing infrastructure, support and a deeper knowledge pool have a tremendous edge over stand-alone hotels. In order to stay ahead of the competition the chain is designing unique experiences to address the travel needs of today’s well-travelled travelers.
Mr.Sudhir Awasthi, CEO, ShriGo Hotels & Resorts shared, “We are proud to announce the opening of our first property in North East. With the increase in inbound and outbound tourism visiting northeast, we are hopeful in achieving our good numbers. We are looking for aggressive expansion and with the same in mind, we are also collaborating with multiple properties at different locations. We ensure the property owners must share ShriGO brand ethos before being taken on board. In order to provide more flexibility, we offer multiple collaboration options to our prospective partners. They can go for management contract or dry revenue sharing or leased contract or revenue sharing with minimum guarantee. We believe in generating win-win solutions for all the stakeholders”.
ShriGo hotels will open properties in all the seven states of north east in the coming financial year.In order to tap into the wildlife and spiritual market, by next quarter they will be opening properties in Jim Corbett, Bandhavgarh and Varanasi.
