Indian Hotels Company that runs the Taj Group of hotels, sees its upscale, full service Gateway brand grow through the management contract model, reaching at least 50 Gateway Hotels in the country by 2015. Currently, IHCL has 21 operational hotels under the ‘Gateway’ brand, with a room inventory of around 2,000 rooms. It has recently re-branded its Sri Lankan property, Taj Airport Garden Hotel Colombo, to The Gateway Hotel, which it said would be the only overseas property under the Gateway brand for now. Financial Express said IHCL has around eight to nine greenfield ‘Gateway’ properties under various stages of development, which are expected to get operational in the next two years.These, it said, would add another 1,000 rooms to the Gateway portfolio.The first greenfield ‘Gateway’, also seen as the proto-type for the future Gateway brand properties, is expected to open this year-end in Kolkata. The company has identified around 16-17 locations for the Gateway brand in the country. “We see the brand growing through management contracts, going ahead. We want to take the asset-light model and are in talks with various developers and investors for the brand,” PK Mohankumar, Chief Operating Officer, Gateway Hotels, was quoted saying.”We will have a standard design for the brand and would give it to the developers. We will not be part of the development but run the hotel.”The report added that the company had been busy re-structuring its portfolio with a large number of existing Taj Residency and Taj Garden Retreat properties brought under the Gateway brand.Mohankumar was quoted saying that the company ws looking at mixed-use properties, integrated township and special economic zones for its Gateway brand. Some of the cities that will house the Gateway brand include Raipur, Chennai, Shirdi, Mumbai, Kochi and Pune.
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