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Economic Times
25-05-2025
- Business
- Economic Times
Tata Group investing big in hotels in northeastern states with rising tourist footfall
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The northeastern region of India is emerging as the most promising frontier for the tourism and hospitality sector because of its unmatched natural beauty, diversity, local cuisines, and cater to the increasing number of tourists coming into the eight states of northeast India, especially over the past few years, hotel businesses are Das, Area Director-North East, Darjeeling, Bhutan and Nepal for Tata Group 's Indian Hotels Company Limited (IHCL), speaking at a tourism-focused session at the just-concluded Rising Northeast Investors Summit 2025, said that they wish to grow their multi-brand presence in the northeast to 30 hotels by along with partners' ecosystem, Das said, is committed to investing Rs 2,500 crore in the region over the next three years."It's (northeast India's) unmatched natural beauty, rich cultural diversity and increasing government focus on infrastructure development that have laid the foundation for a robust investment ecosystem," Das told the said that IHCL is committed to building new tourist circuits and itineraries across all states of northeastern India."Our planned expansion into the northeast is backed by belief in sustainable luxury and community-led development. We currently have nine operating hotels and two luxury homestays," Das has nine operating hotels in the region with a multi-brand presence in capital cities of Guwahati with a Vivanta and Ginger, Gangtok with Taj Guras Kutir Resort and Spa, Ginger and Tree of Life resort, a Vivanta hotel in Shillong and Tawang, Ginger in Agartala and a Vivanta in the leisure destination of pipeline includes five upcoming hotels in Agartala, Itanagar, Guwahati, Jorhat and about the experience of establishing a Taj Vivanta property in Tawang, he said, "It was not about setting up a hotel in the remotest part of Arunachal, but the idea was to create an institution there, which is just 28 kilometres away from the China border. And in less than one year since we opened up that place, we had four parliamentary committee meetings there. The idea is to tell our friendly neighbour next door that we have a parliamentary committee meeting (going on) here (close to the borders)."On May 20, IHCL and the Tripura government signed a 90-year lease agreement for Taj Pushpabanta Palace in the palace hotels come at the highest end of Tata luxury collections."A Taj Palace hotel in Agartala is something I don't think we imagined even a year or two ago. It's a statement that we can make about how as an organization, we are focussed on the northeast," Das Pushpabanta Palace was built in 1917 by Maharaja Birendra Kishore Manikya Bahadur. It was a holiday home for the king and his guests. The property later functioned as the Governor's official residence till 2018. The development with IHCL is proposed to have 100 rooms, all of which will be housed in a newly built structure, paying homage to the heritage palace architecture. The palace itself will house select public areas and royal said that the refurbishment and expansion are expected to be completed in the next three hotels and properties, Tatas partnered with the Assam government just two years ago for a hospitality skill development centre on the outskirts of Guwahati. Over the past two years, over 700 students have been trained at this centre.A similar centre will be opened in the tribal areas of Tripura, he apprised the gathering."The idea is to create an ecosystem and generate employment and livelihood for local people in our hotels and also beyond," he Das, referring to the Tata semiconductor project in Guwahati at an investment of Rs 27,000 crore, said it reflects the intent the Tata Group has in the northeastern region. "Tata Group is extremely committed towards the northeast," Das at the session, Deval Tibrewalla, CEO and Director of Polo Towers Group, also outlined their upcoming plans in the northeast."Right now we have nine hotels, and we are building seven more. It will be 16 hotels. We are now the northeast India's largest hotel company," Tibrewalla Towers Group is building a hotel in Kohima (a 162-room five-star hotel), Dimapur (a 200-room five-star hotel), and Cherrapunjee."We are doing more hotels in Meghalaya, we are very keen in doing hotels in Assam. Till now we haven't started our Assam journey. We would also happily like to come to Mizoram," he to him, the tourist boom in the region is because of improved roads, highways, and airport connectivity. He said that UDAN scheme has been a game changer for intra-northeast air connectivity.
Time of India
25-05-2025
- Business
- Time of India
Tata Group investing big in hotels in northeastern states with rising tourist footfall
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Services 1. Oyo owned Belvilla acquires short-term rental platform MadeComfy Tired of too many ads? Remove Ads The northeastern region of India is emerging as the most promising frontier for the tourism and hospitality sector because of its unmatched natural beauty, diversity, local cuisines, and cater to the increasing number of tourists coming into the eight states of northeast India, especially over the past few years, hotel businesses are Das, Area Director-North East, Darjeeling, Bhutan and Nepal for Tata Group 's Indian Hotels Company Limited (IHCL), speaking at a tourism-focused session at the just-concluded Rising Northeast Investors Summit 2025, said that they wish to grow their multi-brand presence in the northeast to 30 hotels by along with partners' ecosystem, Das said, is committed to investing Rs 2,500 crore in the region over the next three years."It's (northeast India's) unmatched natural beauty, rich cultural diversity and increasing government focus on infrastructure development that have laid the foundation for a robust investment ecosystem," Das told the said that IHCL is committed to building new tourist circuits and itineraries across all states of northeastern India."Our planned expansion into the northeast is backed by belief in sustainable luxury and community-led development. We currently have nine operating hotels and two luxury homestays," Das has nine operating hotels in the region with a multi-brand presence in capital cities of Guwahati with a Vivanta and Ginger, Gangtok with Taj Guras Kutir Resort and Spa, Ginger and Tree of Life resort, a Vivanta hotel in Shillong and Tawang, Ginger in Agartala and a Vivanta in the leisure destination of pipeline includes five upcoming hotels in Agartala, Itanagar, Guwahati, Jorhat and about the experience of establishing a Taj Vivanta property in Tawang, he said, "It was not about setting up a hotel in the remotest part of Arunachal, but the idea was to create an institution there, which is just 28 kilometres away from the China border. And in less than one year since we opened up that place, we had four parliamentary committee meetings there. The idea is to tell our friendly neighbour next door that we have a parliamentary committee meeting (going on) here (close to the borders)."On May 20, IHCL and the Tripura government signed a 90-year lease agreement for Taj Pushpabanta Palace in the palace hotels come at the highest end of Tata luxury collections."A Taj Palace hotel in Agartala is something I don't think we imagined even a year or two ago. It's a statement that we can make about how as an organization, we are focussed on the northeast," Das Pushpabanta Palace was built in 1917 by Maharaja Birendra Kishore Manikya Bahadur. It was a holiday home for the king and his guests. The property later functioned as the Governor's official residence till 2018. The development with IHCL is proposed to have 100 rooms, all of which will be housed in a newly built structure, paying homage to the heritage palace architecture. The palace itself will house select public areas and royal said that the refurbishment and expansion are expected to be completed in the next three hotels and properties, Tatas partnered with the Assam government just two years ago for a hospitality skill development centre on the outskirts of Guwahati. Over the past two years, over 700 students have been trained at this centre.A similar centre will be opened in the tribal areas of Tripura, he apprised the gathering."The idea is to create an ecosystem and generate employment and livelihood for local people in our hotels and also beyond," he Das, referring to the Tata semiconductor project in Guwahati at an investment of Rs 27,000 crore, said it reflects the intent the Tata Group has in the northeastern region. "Tata Group is extremely committed towards the northeast," Das at the session, Deval Tibrewalla, CEO and Director of Polo Towers Group, also outlined their upcoming plans in the northeast."Right now we have nine hotels, and we are building seven more. It will be 16 hotels. We are now the northeast India's largest hotel company," Tibrewalla Towers Group is building a hotel in Kohima (a 162-room five-star hotel), Dimapur (a 200-room five-star hotel), and Cherrapunjee."We are doing more hotels in Meghalaya, we are very keen in doing hotels in Assam. Till now we haven't started our Assam journey. We would also happily like to come to Mizoram," he to him, the tourist boom in the region is because of improved roads, highways, and airport connectivity. He said that UDAN scheme has been a game changer for intra-northeast air connectivity.
India.com
22-05-2025
- Business
- India.com
Ratan Tata's Tata Group to turn Tripura Royal Palace into a 5 star hotel, it will have 100 rooms, 4 regal style suites, its worth Rs…
Ratan Tata's Tata Group to turn Tripura Royal Palace into a 5 star hotel, it will have 100 rooms, 4 regal style suites, its worth Rs… Back in the times when royals ruled the land, their palaces echoed with the footsteps of kings and queens whose lavish palaces were nothing short of a masterpiece. The palatial structure entailing a rich Indian heritage was all bits of grandeur and regality. Imagine today you can live in one of them and experience this royalty. The 100-year-old Pushpabanta Palace in Agartala has made this dream possible with its transformation. Being converted from a palace to a luxurious 5-star heritage hotel, this project will be led by the Tata Group Indian Hotels Company Limited (ICHL), which is also popularly known for running the Taj Hotels chain. This decision was taken after the Tripura government signed an MoU with the Tata Group company, Indian Hotels Company Limited (IHCL), for this transformation. Once the hotel is ready, it will be named as Taj Pushpabanta Palace. Giving the amalgamation of both luxe and grandeur, the aim is to give guests a taste of a palace that exhibits royal life, as well as enhancing tourism in the state. Built by Maharaja Birendra Kishore Manikya Bahadur in 1917, this palace is also known by the name Kunjaban Palace, and it served royal residence for many decades until later in 2018, it was used as the Governor's house. Later in 2018, Raj Bhavan was shifted somewhere else, and the palace has fallen into disuse until now. In the luxury hotel being proposed, there will be about 100 rooms in total, which include four regal-style suites located in the main palace that will be built to emulate a palace experience. The rest of the rooms will be placed around the palace in a way that will not hamper the original structure's beauty. The overall project is anticipated to have a budget of approximately ₹250 crores. The preservation of the original design and the historical features of the palace is considered one of the defining factors of this project. The reception, as well as other public spaces of the hotel, will be located in the central portion of the palace. Restoration work will be undertaken without compromising the heritage charm, which includes the legacy of the Manikya dynasty. Royal heritage will be showcased through the furnishings and the interiors, which will be aimed at the guests to soak in the aesthetics. The aim of promoting tourism and developing this project is likely to create attendance opportunities for more than 200 direct workers and other travel service providers, and indirectly to local shop owners, artisans, and other services. The rise in economic activity due to the increase in tourism is likely to change life in the entire area tremendously. According to the understanding made, the palace and 7.78 acres of land will be leased for 60 years to IHCL with the chance of providing another 30-year lease extension. The state of Tripura received a new investment zone for which is trying to focus on creating employment opportunities and generating investment within the state, which was described by Dr. Manik Saha as 'a historic step' when placing additional infrastructure for growth. This initiative, with the revival of the palace, will not only elevate tourism but also witness India's royal legacy.
