Prince Hotels, a consolidated subsidiary of Japan-based Seibu Holdings Inc., has acquired StayWell Hospitality Group including all the business operations of StayWell Group which operates and develops 30 hotels globally. Prince Hotels will establish the 100% fully owned Australian subsidiary StayWell Holdings and this new company will acquire all shares of SWHG’s 22 operating subsidiary companies from SWHG. Proceedings are expected to be completed within the next three months. This business acquisition will further strengthen the globalization of the Seibu Group’s hotel and leisure businesses which serve as a driving force for continued and stronger growth for the Seibu Group. This acquisition will add the 30 hotels operated and developed by SWHG in 7 countries and 21 cities to the existing Prince Hotels network which serves as the core of the Seibu Group’s hotel and leisure businesses. The new properties will serve as further global development and operation platforms, which will allow the Seibu Group to expand the profit earning opportunities of its international hotel business and carry out faster development of hotels in Southeast Asia, Asia and Oceania, the Middle East, and Europe. Seibu Group plans to deploy 100 hotels in 10 years. Shigeyoshi Akasaka, President and Representative Director, Prince Hotels, said, “Prince Hotels is enjoying good performance with the recent growth of tourism within Japan. During these favorable conditions, we are looking toward the year 2020 and beyond and focusing on international expansion.”
Read More »StayWell Hospitality Group launches Leisure Inn Shrey, Jodhpur
Australian hotel management company, StayWell Hospitality Group has extended its international footprint with the opening of its fifth property in Rajasthan, the Leisure Inn Shrey in Jodhpur. Rohit Vig, Managing Director for StayWell Hospitality Group in India, said that the opening of the new property solidifies the brand’s presence in the region. “We have signed 12 hotels under the Park Regis and Leisure Inn Brands, which will result in the opening of properties in Hyderabad, Goa, Ahmedabad, Mumbai, Gurgaon–Sohna Road and Greater Noida,” he said. The opening of Leisure Inn Shrey in partnership with Hukam Constructions & Hotels Pvt. Ltd will deliver a roof-top restaurant and conference facilities along with well-appointed rooms and international service standards that the Leisure Inn brand is famous for. Additionally, the hotel will house the famous vegetarian restaurant ‘Grand Chanakya’ which has a sister restaurant under the same name in Jaipur at the Leisure Inn Grand Chanakya. Shranik Jain, Owner of Hukam Constructions & Hotels Pvt., said that the partnership with StayWell Hospitality Group was about aligning with the best possible global partner to enter the hospitality sector for the first time. “Our partnership will deliver premium hospitality expertise and a world-class experience to not only our guests but to the region, it’s an alignment we are extremely proud of as we feel we are in the best possible position for future success,” he said.
Read More »StayWell opens 96-room Park Regis in Goa
StayWell Hospitality Group has launched its fifth property in India—Park Regis Goa. This is the largest property under the group’s portfolio. Spread over an area of 5 acres in Arpora, Park Regis Goa boasts a magnificent location featuring 96 Rooms & Suites each spread across 5500sqft with modern-décor, soothing warm colors, plush duvets, international standard mattresses and high quality bathroom amenities. Luxurious comfort with expansive, lavish spaces, a private bar and your own private balcony over-looking the plush greens. Simon Wan, CEO & Managing Director of StayWell Hospitality Group, has commented that the opening of Park Regis Goa is just the tip of the Group’s expansion in the region.”With four properties opened and an additional six under development, the growth opportunities for StayWell in India are extremely positive and exciting,” he said. The 96 room resort-style hotel is located in a prime position north of the main city of Goa, within close proximity to Goa’s iconic attractions Baga, Calangute and Anjuna Beaches. Boasting a large outdoor alfresco pool bar, cafe, restaurant, conference facilities, pool and gymnasium, Park Regis Goa will become a new class of accommodation in North Goa. Guest rooms are spaciously designed offering lavish inclusions such as handcrafted amenities, oversized bathtub and a private balcony overlooking lush surrounds. This is the second Park Regis hotel to open in India following the launch of Park Regis Jaipur in July 2015. Rohit Vig, Managing Director for India, StayWell Hospitality Group added that the group’s strategic plan is targeting an area of the Indian market with the biggest growth opportunities.”Ultimately, we are targeting India’s domestic travel segment. With a rapidly growing middle class with disposable income, the market is huge. We …
Read More »StayWell Hospitality Group signs Park Regis in South India
Australian-owned Hotel Management Company StayWell Hospitality Group is opening a 72-room Park Regis Sanpra Beach in Visakhapatnam in the first quarter of 2017. Opening in partnership with Indian infrastructure company Sanpra Group, the property will be StayWell’s third across the country and first in southern India. StayWell Hospitality Group CEO Simon Wan said that opening and managing a hotel in the developing city of Visakhapatnam presents many benefits for both StayWell and the local region. “We are passionate about expanding our Park Regis and Leisure Inn brands internationally and see the opening of Park Regis Sanpra Beach in Visakhapatnam, a known Tier II city primed for future development, as a great opportunity to enter into the new market of Southern India,” Wan said. Property owner, P. Kiran Kumar said that joining forces with StayWell Hospitality Group to manage this hotel in early 2017 will bring increased efficiencies and an enhanced guest experience. “The new hotel management agreement with StayWell will bring new world-class operational systems and procedures to the region which both guests and staff will benefit from,” Kumar said. “We are delighted that the hotel matches the vision of the Andhra Pradesh government by bringing in the world-class infrastructure and associating with an international hotel management chain, StayWell Hospitality Group by signing with their upscale brand, Park Regis,” he said. StayWell Hospitality Group India’s Managing Director Rohit Vig also agrees that the brands future within India looks bright following the formalisation of this hotel management agreement which now represents a total of 12 hotels signed under the StayWell brands of Park Regis and Leisure Inn within India. “Park Regis Sanpra Beach is a great addition to the StayWell Portfolio …
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