IHCL Signs With Kalpsagar Private Limited for New Vivanta Hotel in Jaipur
The Indian Hotels Company Limited (IHCL), South Asia's largest hospitality company, today announced its seventh hotel in Jaipur with the signing of a new Vivanta hotel in Jawahar Circle through a management contract with Kalpsagar Private Limited.
Commenting on the signing, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, "The signing of Vivanta Jaipur is in line with Aspiration 2022 and our domestic expansion strategy of consolidating presence in important capital cities. Jaipur is one of the key lodging markets in India. It offers immense potential for both leisure and business travellers. We are delighted to partner with Kalpsagar Private Limited for this hotel."
Vivanta Jaipur is a Greenfield project located at Jawahar Circle, a short drive from the airport. The hotel will comprise 200 well-furnished guest rooms and other features include an all-day-diner, a lounge, a bar, recreation facilities and modern meeting spaces. The hotel is slated to open in early 2023.
Commenting on the partnership, Mrs. Kajal Chhabra, Chairperson and Mr. Kaustubh Chhabra, CEO Kalpsagar Private Limited said "We are proud to partner with IHCL. We are delighted with this association with the pioneers of the Indian hospitality industry."
Jaipur is the capital of the state of Rajasthan and is known as the Pink City due to the dominant color scheme of its buildings. It is a popular tourist destination in India and forms a part of the Golden Triangle tourist circuit along with Delhi and Agra.