Interstate Hotels & Resorts in a joint venture with JHM Hotels are to manage two new-build hotels in India: the 217-room Four Points by Sheraton hotel in Pune and the 123-room Four Points by Sheraton hotel in Visakhapatnam (Vizag).”The opening of these two properties represents our second and third properties under management since we formed our joint venture with JHM Hotels and launched our third-party management platform in India,” said Thomas F. Hewitt, Interstate’s chairman and chief executive officer.”Our business model, focused on local contacts and in-country experience, hastranslated well to India and enabled us to establish a strong operating platform there.” Four Points by Sheraton Pune, which opened in February, is situated on a key link road into central Pune and easily accessible to the city’s airport, all major freeways, plus a host of corporations, schools, shopping, entertainment and attractions. The 217-room hotel, including 48 serviced apartments. Four Points by Sheraton Visakhapatnam (Vizag), which opened 1 March, is the first hotel to carry the name of an international brand in the city’s history. The hotel is centrally located in the heart of Vizag’s business district and near the area’s beaches,shopping, restaurants and other popular attractions in this emerging second-tier city.
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