Lords Hotels & Resorts aims at 40 properties by 2020

Lords Hotels & Resorts is aiming at adding 15 properties to its portfolio to take the total count to at least 40 properties by the year 2020. “We are slated to announce the launch of our second property in Nepal and are also looking at setting feet in Kenya and some other countries  in the African continent,” says P.R. Bansal, Chairman, Lords Hotels & Resorts. The hotel chain is also planning on strategic growth in the Tier ll and Tier lll cities and towns. “The scope for growth for hotels in the affordable sector especially in the Tier ll and Tier lll regions is larger. It is our target to add four hundred new rooms by 2020,” says Rishi Puri, Vice President, Lords Hotels and Resorts. “We recently added a couple of properties to our portfolio in the south including a lavish resort in Thissur. The east has a good potential for growth especially in the mid-market segment and with our strength in this area, we are positive that we would be able to quickly take a lead in the region,” says  Bansal.
“We are focusing on expansion across all the categories. Of our three new launches, our properties in Jammu and Agra belong to the Lords Inn brand, while our property in Kerala belongs to the Lords Resorts brand. In the forthcoming phase we will also be looking to hard promote our five branded F&B outlets and one spa. As India claims its rightful place on the global tourism map, Lords is poised to tap this great opportunity to its optimum potential,” concludes Puri.