By Team Homes | Wednesday, 27 December 2023

Ascott Limited unveils exciting new project in Tamil Nadu

A leading global real estate investment management with a strong foothold in Asia and a prominent wholly owned member of CapitaLand Investment Limited, The Ascott Limited (Ascott) has announced the signing of a management contract with Sensation Hospitality Avenues LLP, the hospitality arm of Sensation Infracon, a real estate and hotel developer based in Hyderabad, regarding the development of its new hospitality property in Erode, Tamil Nadu under the Oakwood brand.

Contributing to the utmost in comfort and elegance to prestigious visitors, Oakwood Erode Resort will be a major turning point in Ascott's expansion strategy throughout India. In the gracious presence of Dr. Bhavishya Gupta, Founder & Managing Director, Sensation Infracon Private Limited, Kumar Matta, Executive Director, and Khushbu Kumari, Partner, Sensation Hospitality Avenues LLP, the agreement has signed with Hoshang Garivala, Country General Manager, Ascott International Management India Pvt. Ltd.

Erode is a great place to invest in the hospitality business because of its many potential benefits. Situated alongside the Kaveri River and bordered by the Western Ghats, Erode ranks as Tamil Nadu's seventh-largest urban agglomeration. Erode has become a more popular travel and business destination due to its proximity to the Bangalore-Coimbatore-Kerala route and the district's rapid infrastructural development. Oakwood Resort's commencement of development here will enhance the district's vibrant neighbourhood and rich cultural tradition by further elevating the combination of modern amenities and regional charm.

Oakwood Erode is an intentionally placed project on Sathy Road and Periyasemure in Erode city and it is expected to be operational by December 2026. The hotel will have a contemporary exterior and offer 90 rooms, a varied selection of food and drinks options, meeting and banqueting facilities, and other major amenities to meet the needs of each individual guest and make sure that both business and delightful travellers have a pleasurable stay.

Speaking on this, Hoshang Garivala, Country General Manager, Ascott International Management India Pvt. Ltd says, “We are thrilled to unveil our latest addition in the vibrant city of Erode in collaboration with Sensation Infracon. Nestled in the heart of the city, the new property epitomizes elegance, offering guests an oasis of tranquillity and sophistication. This property embodies our unwavering commitment to redefining luxury and delivering exceptional hospitality. We're excited to introduce guests to an experience that combines the region's rich culture with our signature standards of service”.

Similarly, Khushbu Kumari, Partner, Sensation Hospitality Avenues LLP states, “It is our absolute delight to partner with Ascott International Management India Pvt Ltd, one of the leading hospitality brands in India and globally, for the prestigious Oakwood Resort brand and bring our latest property to Erode, a city known for its cultural heritage and economic significance. We aim to elevate the hotel to high international standards and offer our guests an exceptional stay experience while they explore the scenic beauty of the state”.