Aitken Spence acquires another hotel in India
Aitken Spence Hotels has added its fifth hotel to its portfolio in
India.
The lake beside the hotel |
The hotel |
The company has taken over the management of the hill resort, Grand
Palace Hotel and Spa in Yercaud, owned by MSV Hotels on October 1.
Aitken Spence Hotels is an emerging player in the Indian hospitality
industry already managing four other resorts in India in Atithi -
Puducherry, Poovar Island Resort - on the backwaters of Kerala, Barefoot
at Havelock - Andaman Islands, Tamara - Coimbatore
“We are happy to expand our portfolio in India with the addition of
Grand Palace Hotel and Spa, situated in one of the most scenic locations
in Tamil Nadu. This partnership will enable us to further consolidate
our presence in South India,” Aitken Spence Hotel Managements in India
Chief Executive Officer Lakshman Ekanayake said.
Surrounded by misty mountains, Grand Palace Hotel is a hill resort
offering an enchanting view of the Yercaud Lake on one side and the
picturesque valley of Killiyur on the other.
The town has derived its name from the lake located at its center -
“Yeri” meaning “lake” and “Kaadu” meaning “forest” in Tamil.
This enchanting township situated close to Salem, surrounded by
coffee plantations and orange groves is a very popular holiday
destination.
“The tourism industry in India has tremendous potential and we are
glad to increase our Indian portfolio. It is evident that we were
offered the management of Grand Palace and Spa as we have established
our presence in India. Further we have been recognized for our ability
to identify the potential in existing properties and transform them into
star class, award winning hotels,” Aitken Spence Hotels Managing
Director Malin Hapugoda said. |