Hotel management company Absolute Hotel Services (AHS) has announced a new growth strategy with lease model of hotel management and operation in India.
AHS Hotel Assets is the new firm created for this lease and freehold ownership model.
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Absolute Hotel Services India managing director Sameer Dharkar said: “Our vision is to be proud owners of 25 properties in India within a period of ten years, in addition to at least 25 under management contract model.”
This move will result in AHS Hotel Assets acquiring its first property, U Rivergate Karjat in Maharashtra, India.
Located in a 6.5-acre hidden within 60 acres of green terrain along the banks of the Pej River in Karjat, the U Rivergate Karjat will feature 42 guest rooms.
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The resort includes amenities, such as a bonsai garden, riverside views, organic farming with a farm-to-table concept, lush lawn areas, a multi-cuisine restaurant, lounge and bar, a gym, a swimming pool, U Spa, which is set to open soon, and a range of sporting activities.
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By GlobalDataAHS Hotel Assets co-founder and managing director Prateek Dharkar said: “We want to become a game-changer and am bracing for growth and envisioning a pan-India presence, even in South Asia in coming years.
“AHS Hotel Assets is looking forward to offering great services and experiences and garnering a great number of guest loyalty.”
