Friday, May 23, 2008

Confident Hotels roll off the mill

The Confident Group is diversifying into hospitality. The total targeted investment for this foray is Rs 1,200 crore. The group is putting across 10 hotels and resorts in Bangalore. These hotels and resorts are in the three star to five star category. They are at different stages of execution. The land acquisition for all the projects have been completed. Confident Cascade is already operational and is currently one of the favourite party spots for employees of multinational companies . These companies use this hotel to stay and to conduct conferences . This resort has already completed over 2,200 corporate outings and conferences. It is located on Bannerghatta main road and is very close to Bannerghatta National Park. Iris, the four star hotel is to be launched recently. It is located in the heart of Bangalore city on Brigade Road. It currently has 60 rooms with three restaurants and buiness centre facilities. To be launched by August end, is Propus at Langford town, again in the heart of the city. This hotel has 50 suites and rooms with three restaurants and all other facilities. Confident Aquraii, an up-spa and resort on Old Madras Road, Bangalore. This spa and resort would provide South-East Asian and Kerala ayurvedic treatments apart from high end stay. This resort has tied-up with Derma Health Care Dubai for antiaging treatment. This resort is of the five-star category with 15 presidential cottages, 21 luxury cottages and 51 suites. This resort is slated to open by this year end. The current status is that civil construction is completed and the interior works and are in progress. Confident is also putting up its most prestigious project Confident Champion Reef, a 18-hole golf course. Planned by world famous Ron Fream. This project consists of 600 high end villas and exclusively designed by Edward, SAA Architects Singapore. This project is spread over 201 acres and just 30 minutes drive from the new international airport. This golf course would also consists of high end resort and hotel facility. Confident Group would be running all the properties under its own brand and management team. The brand has over seven years experience in running hotels and resorts. Confident Group is the only hospitality brand to own its own airlines .The group has recently launched its own chartered airline called Confident Airlines. The company already owns a P68 plane and is in the process of acquiring another five small planes and helicopters. The basic objective of this division is to cater to chartered and fractional ownership of planes. This division would also support the hotel and resorts to ferry high end customers. The long term objective of Confident Group includes health-tourism whereby the high end customers from abroad are ferried in its own chartered plane and sent for treatment to leading hospitals. Pre and post care is provided in Confident's own hotels and resorts. The first four hotels and resorts would be operational in the next six months and the chain of 10 hotels and resorts would be fully operational in the next 30 months.

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