In a freewheeling chat, Gupta who owns JW Marriott New Delhi Aerocity and Hyatt Regency Mumbai speaks to us about being a catalyst in reshaping the hospitality scene of India and his future plans.
Please take us through your professional journey with your brands: Aria Hotels and Asian Hotels West - from inception of the brand to where it stands today.
I started in 1998 to build the Hyatt Regency Mumbai and Hyatt Regency Kolkata. While I was working in Asian Hotels (in our family company), I expanded the brand of Hyatt in Mumbai and Kolkata with Hyatt Regency and it commenced operations in 2002-2003, Hyatt Regency Kolkata commenced operations at the same time. Hyatt Regency is still operating in Mumbai at a good occupancy – high seventies, good ADR in spite of the weakness in economy - it’s about seven and a half thousand depending on the CP, then I was pursuing to buy land in Aerocity Complex which we acquired in 2008, finally commenced construction in 2010 and opened in 2013 with the JW Marriott brand. We wanted to get into the luxury space and with the JW Marriott brand we thought we could make an entry into the city. I think in the last 6 years we’ve done well to position ourselves as a luxury brand and we are ahead of our competitive set; it’s averaging an ADR of a good 9500 to 10,000 with 80% plus occupancy. So it’s become the market leader in the luxury segment. This is a short synopsis, but I’ve run a lot of other companies in the interim as well.
What do you think of Indian hospitality industry, and where does India stand in comparison with the luxury hospitality market of the world?
هذه القصة مأخوذة من طبعة March - April 2020 من MillionaireAsia India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March - April 2020 من MillionaireAsia India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Plan Your Asset Allocation For Wealth Creation
Wondering where to invest your money? Here is an expert piece of advice on how to plan your asset allocation for maximum potential return.
Brad Pitt And His First Oscar
As India woke up on a cool February Monday morning, one of the most iconic actors of our generation, Brad Pitt, earned his very first Oscar at the 92nd Annual Academy Awards. He tells us in a freewheeling chat about his role as a stuntman in the film that recreates the golden era of Hollywood and his relationship with his co-star Leonardo DiCaprio.
LUXURIOUS LIGHTING
Luxury Lighting can add a touch of glamour and perk up the oomph quotient instantaneously.
FINEST ON WHEELS
Rolls-Royce Cullinan — the SUV that exudes luxurious detailing making it one of the most desirable cars in the world.
THE NEW FACE OF INDIAN HOSPITALITY
A second generation hotelier with a sharp business acumen and a heart of gold. Sandeep Gupta, Managing Director, Aria Hotels & Consultancy and Executive Director, Asian Hotels (West) believes in striving for excellence in life and giving back to society.
NEXT STOP WASHINGTON DC
In a conversation with Elliott L. Ferguson, II, President & CEO, Destination DC we find out what's new in Washington DC for a traveler seeking luxury experiences.
INCREDIBLY iS
In a conversation with Bryan Johns, co-founder, President and CEO, iS Clinical, and Alec R. Call, co-founder, Vice President and COO, iS Clinical, on their maiden trip to India we find out why iS is loved world over.
CULT OF PERSONALITY
On his maiden visit to New Delhi, we catch up with the seventh descendant of French perfume Maison Erwin Creed and find out why they are the truest artisanal perfumers in the world.
DECANTER OF DREAMS
Jorg Pfutzner on the dots that connect Remy Martin LOUIS XIII's legacy, heritage and history. And, why it is indeed one of the world's most exclusive cognacs that has enigma in its every drop.
AT HOME WITH THE LUXURY DESIGN SCENE
Smorgasbord of statement-making furniture, chic interiors, or decorations from around the world. What does a personal style infused abode look like? We speak to ace architects and interior designers to find out what's creating the buzz...
