Riaz Ahmed, MD, Abad Hotels & Resorts, is the son of a seafood exporter who ventured into the capital-intensive hotel business without doing much homework. But he never had to look back. However, in the process of setting up properties one after the other all over Kerala he made it a point not to compromise on values like quality and customer care. As the head of one of the most popular brands in hospitality in Kerala, Riaz opens up to Destination Kerala on the group’s journey so far, future plans including going for an IPO, challenges posed by ‘over-tourism’, impact of GST and a host of other issues.
Kerala, God’s Own Country, is a kaleidoscope of bewitching beaches, exotic hill stations, vibrant wildlife sanctuaries, serene backwaters and bustling, yet calm cities. However, there are only a few hotel chains that have presence in all these destinations. And, Abad Hotels & Resorts is one among those which touches almost all these tourist hotspots. One would expect the owner of 11 hotels and resorts to be overweening and effusive about the business and his achievements. But Riaz Ahmed, MD, Abad Hotels & Resorts, is unassuming and soft-spoken. Clad in a striped blue shirt and sporting a disarming smile, he sat in his modest wood-panelled office on the first floor of Abad Plaza in Kochi and answered our queries with sincerity and conviction.
The son of a seafood merchant who made a fortune in the export business, Riaz ventured into the capital-intensive hotel business decades ago without doing much homework. Thirty-five years after launching the first hotel at Chullickal in Fort Kochi, and investing around Rs. 500 crore in the hospitality/tourism sector in Kerala to-date, Riaz is now readying his 11th property coming up in Wayanad which will be launched at SATTE (South Asia Travel and Tourism Exhibition) at New Delhi in January 2018. Brookeside Lakkidi will be a 30-room property which is spread over an area of six-and-a-half acres. The Group had purchased an existing property and is refurbishing it into a breathtakingly beautiful resort at an investment of Rs. 18-20 crore.
Denne historien er fra November 2017-utgaven av Destination Kerala.
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Denne historien er fra November 2017-utgaven av Destination Kerala.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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‘TAKE STEPS TO ATTRACT FDI INTO MARINE PRODUCTS SECTOR'
The India International Seafood Show held in Kochi after a gap of 12 years saw the participation of over 1,500 delegates, 50 of them from 12 foreign countries
‘MAKEOVER OF 50 ADVENTURE TOURISM CENTRES SOON'
Kerala Tourism Minister Kadakampally Surendran launches comprehensive safety and security regulations for the Adventure Tourism sector
‘INDIA'S HIGHER EDUCATION ASSUMES PRACTICAL DIMENSION'
Walter J Lindner, German Ambassador to India, was inaugurating Steag Centre for Smart City Technologies on the RSET’s campus
UNION BUDGET 2020: A MIXED BAG TO HELP REVIVE THE ECONOMY
Budget 2020-21 is built on three major themes of Aspirational India, Economic Development and Caring India
TAKE IPO ROUTE TO RAISE FUNDS, KRIS TELLS STARTUPS
Infosys Co-founder Kris Gopalakrishnan was inaugurating the fifth edition of ‘Seeding Kerala’, organised by the Kerala Startup Mission in Kochi
KERALA'S TOURISM SHOWPIECE AKKULAM LAKE TO BE REVIVED
The new project, worth Rs. 64.13 crore, primarily aims at cleaning the lake by employing various eco-friendly technologies
KERALA'S NOVEL EXPERIMENTS CONTINUE UNDER RT
Responsible Tourism is not a mere hollow ‘fashion statement’ for Kerala Tourism but a core value which guides the initiatives to take tourism activities to the grass-roots level, ensuring livelihood to local communities while offering wonderful experiential tourism products to the visitors, showcasing the ‘life on the move’. The success stories of Kerala’s RT initiatives, impressively sustainable and reassuringly inclusive, are drawing the attention of the entire world. Here, we present the unique RT experiments of God’s Own Country for our readers
ITB BERLIN A BIG DRAW EVEN AS DAMPERS GALORE
More than 10,000 organisations and companies from over 180 countries have booked up again this year for the world's premier travel show
INFORMED FACILITATORS OF MATERNITY WELLNESS
ILove9Months offers complete support to a woman in her journey to motherhood and after through its Apps and at-home services
GOVT. ENVISAGES ‘SPACE CITY' TAG FOR KERALA CAPITAL: CM
‘New Space – Opportunities and Way Forward’ was the theme of the international conclave on Space Technology, EDGE 2020 held in Thiruvananthapuram