Dusit announces big expansion plans in India
Thailand-based Dusit International, one of Asia's fastest-growing hospitality companies, is expanding into India with a plan to open at least two Dusit-brand hotels per year in the country from 2021 onwards in tier 1 and tier 2 cities, such as Mumbai, Delhi and Bangalore, as well as key leisure destinations.
Along with signing a franchise agreement with Kolkata based real-estate firm Jain Group for Dusit Princess Serviced Suites Kolkata, Dusit is also in talks for at least four more signings in the next 12 months.
With India's fast-growing middle class expected to reach 583 million people – or 41 per cent of India’s projected population – by 2025, Dusit sees huge potential for its upscale and midscale brands in this burgeoning market.
“While Covid-19 has brought immense challenges for tourism and hospitality worldwide, we remain confident that our resilient industry can and will bounce bank, and we expect India to be a key planer in international and domestic tourism in the brighter days ahead,” said Suphajee Suthumpun, group CEO for Dusit International.
“We are delighted and honoured that the Jain Group has selected our Dusit Princess brand for their property in Kolkata, and we now look forward to bringing more quality products to the market to generate long-term value for all our stakeholders.”
Slated to open in the second quarter of 2022 as part of Jain Group’s high-end residential development project, Dream One, Dusit Princess Serviced Suites Kolkata will occupy a prime location near the green expanse of Eco Park, only five minutes by car from both the city centre and the airport, and just one minute from the Kalakshetra Metro Station.
Comprising 42 three-bedroom units, the new property will provide an ideal base for both business and leisure travellers seeking extended stays.
Shrayans Jain, vice president of Jain Group, said: “In the new normal following Covid-19, Indian travellers will be increasingly seeking brands they can trust to deliver the high levels of safety, comfort and convenience they deserve. Dusit has more than seven decades of experience delivering exceptional guest and customer experiences in key destinations worldwide, and the company already has a strong reputation in India for the quality of its offerings.
“Our companies' shared values to deliver quality in all aspects will ensure Dusit Princess Serviced Suites Kolkata is perfectly placed to exceed guest and customer expectations, and we look forward to a long and successful relationship with Dusit.”