Roseate Hotels & Resorts is part of Bird Group, seeking to expand its presence in the UK hotel market after its recent acquisition of Wiltshire’s Beechfield House.
This purchase marks the brand’s fifth hotel worldwide and its UK.
Luxury hotel brands are also adopting development strategies in India and are working on multiple projects.
The company has purchased a 2.6 acres of land for a hotel near the upcoming Noida International Airport in India. The property will include the conference center.
After the monsoon, Roseate aims to expand its existing resort in Rishikesh with another 31 villas.
In addition, Goa is building a boutique luxury property.
Roseate branched out of its core hotel business and is entering the branded resident market, with projects from Ayodhya and Dehradun tailored for wealthy individuals and non-resident Indians.
These homes are expected to be 20-30% higher than the standard market value.
The organization also explores the areas of advanced living, focusing on the 2nd and 3rd levels of cities in India.
Roseate is in talks with Himaal Pradesh and other state governments to build and manage the rinks and use its in-house expertise to provide recreational facilities.
The company is considering an ice rink in a shopping mall in Delhi, part of the plan.
In addition to focusing on asset-heavy approaches, Roseate is now considering an asset model that will focus on strategic locations and development partnerships.
In December 2019, Roseate House New Delhi ventured into the flexible workspace arena by introducing Aerocity’s first premium joint club.
“Roseate expands in the UK and diversify its portfolio in India” was originally created and published by GlobalData’s owned branded hotel management network.
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