Sabari Group's hotels may be at Coimbatore
The Chennai-based Sabari Group, having interests in the hospitality sector and property development, is expanding its hospitality business in the south besides Pune. It plans to have six hotels fully operational over the next three years in Bangalore, Hyderabad, Pune and Coimbatore, besides Chennai. The group owns the 75-room Quality Inn Sabari here and managed by Choice Hotels. Soon, it will adding the second property at Navalur on the IT Corridor. The new 90-room Quality Inn Sabari Classic will offer both studio and apartment rooms, besides restaurants, healthclub and spa among others. A soft launch is scheduled later this week.Built at a cost of over Rs 35 crore, the property is close to the facilities of major IT companies. This is the third hotel to come up on OMR, after Fortune and Asiana’s Malabar hotels. “Quality Inn Sabari Classic will have all facilities like banquet halls and restaurants, besides studio rooms as well as apartment rooms for guests wanting to stay for a longer duration,” Mr KVR Ramani, managing director, Sabari Inn told ET. “With over 15 million sq ft of IT space under various stages of development on the OMR and a sizeable employment, there is a definitive requirement for hotels, serviced apartments, restaurants, convention centres, retail outlets as ,” Mr Sanjay Chugh, vice-president — Transaction Management Services, Jones Lang Lasalle Meghraj.
“Demand for these support functions is expected to grow exponentially in the near future,” he added. Meanwhile, Mr Ramani said, the group is keen to have at least one hotel, with 100-120 rooms in each of the IT hubs in Chennai, Coimbatore, Bangalore, Hyderabad and Pune. “Each one of our hotels will offer 5-star facilities at 4-star rates,” he added. The company has already acquired land for the Coimbatore and Pune projects, while negotiations are at an advanced stage for the projects in Bangalore and Hyderabad. “Over the next 36 - 42 months, we will have all the six properties up and running,” Mr Ramani added.
