IHCL Signs 125-Key Hotel in Rishikesh, Uttarakhand Under Gateway Brand

IHCL, one of India's leading hospitality companies, has announced the addition of a 125-key hotel in Rishikesh, Uttarakhand, under its Gateway brand. This strategic move underscores the company's commitment to expanding its footprint in key tourist and le

IhclGateway BrandRishikeshUttarakhandHotel DevelopmentReal EstateDec 10, 2024

IHCL Signs 125-Key Hotel in Rishikesh, Uttarakhand Under Gateway Brand
Real Estate:IHCL (Indian Hotels Company Ltd.), a renowned name in the Indian hospitality sector, has recently inked a deal to develop a 125-key hotel in Rishikesh, Uttarakhand. This new addition to their portfolio will operate under the Gateway brand, further solidifying IHCL's presence in the burgeoning tourism sector of Uttarakhand.

Rishikesh, often referred to as the 'Yoga Capital of the World,' is a major tourist destination known for its spiritual significance, scenic beauty, and adventure sports. The city attracts a diverse range of visitors, from spiritual seekers to adventure enthusiasts and nature lovers. The new Gateway hotel is expected to cater to this varied audience with its state-of-the-art amenities and world-class services.

Suma Venkatesh, President - Real Estate and Development at IHCL, stated, 'This new project aligns with our strategy to enhance our presence in key leisure and tourism hubs. The Gateway brand is well-suited to serve the growing demand for high-quality accommodation in Rishikesh. We are excited to bring our expertise and commitment to excellence to this project.'

The hotel will be strategically located, offering easy access to popular attractions such as the Triveni Ghat, Laxman Jhula, and the Parmarth Niketan Ashram. It will feature a range of modern facilities, including spacious rooms, a multi-cuisine restaurant, a fitness center, and conference rooms, making it ideal for both leisure and business travelers.

IHCL, founded in 1932, is one of the largest and most prestigious hotel management companies in India. With a portfolio of over 200 hotels and 41,000 keys across the globe, the company is known for its commitment to sustainability and innovation. The Gateway brand, a part of IHCL's lifestyle segment, offers a blend of comfort, style, and value, making it a popular choice among discerning travelers.

The development of the 125-key hotel in Rishikesh is expected to create significant economic opportunities for the local community, including job creation and the promotion of local artisanal and culinary traditions. IHCL is committed to responsible tourism practices and will work closely with local stakeholders to ensure that the hotel's operations contribute positively to the region's development.

The new Gateway hotel in Rishikesh is set to open its doors in 2025, marking a significant milestone in IHCL's growth strategy and further enhancing the company's reputation as a leader in the Indian hospitality industry.

Frequently Asked Questions

What is IHCL's new project in Rishikesh, Uttarakhand?

IHCL has signed a deal to develop a 125-key hotel in Rishikesh, Uttarakhand, which will operate under the Gateway brand.

What is Rishikesh known for?

Rishikesh is known as the 'Yoga Capital of the World' and is a major tourist destination famous for its spiritual significance, scenic beauty, and adventure sports.

Who is Suma Venkatesh, and what role does she play in IHCL?

Suma Venkatesh is the President - Real Estate and Development at IHCL, and she oversees the company's expansion and development projects.

What facilities will the new Gateway hotel in Rishikesh offer?

The hotel will offer spacious rooms, a multi-cuisine restaurant, a fitness center, and conference rooms, catering to both leisure and business travelers.

When is the new Gateway hotel in Rishikesh expected to open?

The new Gateway hotel in Rishikesh is expected to open its doors in 2025.

Related News Articles

Tata Curvv to Challenge Creta Dominance with CNG Variant Launch
Real Estate Mumbai

Tata Curvv to Challenge Creta Dominance with CNG Variant Launch

Tata Motors hints at launching a CNG variant of the Tata Curvv, set to rival the Hyundai Creta in the mid-size SUV segment.

August 19, 2024
Read Article
Avadhoot Gupte Secures Luxurious Apartment in Bandra for Rs 7.7 Crore
Real Estate Mumbai

Avadhoot Gupte Secures Luxurious Apartment in Bandra for Rs 7.7 Crore

The property is located in the upscale neighborhood of Bandra (Khar West), Mumbai, highlighting the area's growing appeal as a premier destination for high-end real estate.

November 6, 2024
Read Article
Mumbai: Prominent Pharma Tycoon Acquires Prime Sea-View Apartment in Lodha Sea Life
Real Estate Mumbai

Mumbai: Prominent Pharma Tycoon Acquires Prime Sea-View Apartment in Lodha Sea Life

The recent acquisition of a high-end sea-view apartment by the promoter of Alkem Laboratories, Cyriac George Singh, has stirred the Mumbai real estate market. Singh's purchase, along with other significant transactions, highlights a growing trend of luxur

December 19, 2024
Read Article
Nifty on Track for a Phenomenal 2025? 20-25% Returns Possible, Says Sharad Avasthi
Real Estate

Nifty on Track for a Phenomenal 2025? 20-25% Returns Possible, Says Sharad Avasthi

The Indian stock market, bolstered by solid economic growth and transformative trends, is set to deliver impressive returns in 2025. Sharad Avasthi, a market expert, predicts a strong performance driven by robust government spending and sectoral growth.

January 1, 2025
Read Article
TN CM Advocates Innovative Urban Plans for Sustainable Housing
real estate news

TN CM Advocates Innovative Urban Plans for Sustainable Housing

The Chief Minister of Tamil Nadu has called for the development of innovative urban plans to address the growing demand for sustainable housing. He highlighted ongoing efforts to create comprehensive master plans that balance urbanization with environment

February 14, 2025
Read Article
Bracing for the Economic Storm: Kiyosaki’s 2025 Financial Crisis Prediction
real estate news

Bracing for the Economic Storm: Kiyosaki’s 2025 Financial Crisis Prediction

In an era of market volatility and economic uncertainty, financial guru Robert Kiyosaki is sounding the alarm bells with his bold 2025 economic forecast. He recommends strategic investments in gold, silver, Bitcoin, and real estate to safeguard against po

February 19, 2025
Read Article