From January 1 the hotel has moved on from its earlier brand of Le Royal meridian ( part of Starwood Hotels & Resorts portfolio. The 171-keys boutique five-star deluxe hotel has now become part of the global network of another leading international hospitality chain — Hilton Worldwide as per a report in the DNA.
Among DB Hospitality’s other developments include a property each in Ahmedabad (Le Meridien) and Rajasthan. It has also tied up with Hyatt International for its upcoming projects in South Mumbai (Park Hyatt and serviced apartments), Goa (Grand Hyatt), Pune (Grand Hyatt), Hinjewadi (Hyatt Place) and Mundra (Hyatt Place).
Apart from the tie-up with Hyatt, DB Hospitality is developing around 2,500 rooms. The asset owning company also has the largest land parcel in the DIAL airport hospitality district in Delhi wherein the project will consist of four hotels, a serviced apartment and a convention centre.
The company is envisaging an investment of Rs5,500 crore to be funded through internal accruals, equity and debt. Its other partners include Japanese company JAL Hotels operating under the Nikko brand.
The Hilton Mumbai International Airport hotel is owned by DB Hospitality which is part of Dynamix Balwa Group (DB Group).
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