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September 05, 2015 11:29 AM ET

Hotels, Restaurants and Leisure

Company Overview of Berggruen Hotels Private Limited

Company Overview

Berggruen Hotels Private Limited operates a chain of mid-market hotels, resorts, and service apartments in India. Its amenities include gymnasiums, business centers, restaurants, bars, and conference facilities. The company was founded in 2006 and is based in Mumbai, India with hotels in Ahmadabad, Aurangabad, Bengaluru, Chennai, Khandala, Ludhiana, Mahabaleshwar, Pune, Trivandrum, and Lonavala, India.

Span Center

6th Floor

C556 South Avenue

Santacruz (W)

Mumbai,  400054

India

Founded in 2006

Phone:

91 22 6783 0100

Fax:

91 22 6710 9974

Key Executives for Berggruen Hotels Private Limited

Chief Executive Officer
Age: 41
Chief Financial Officer
Director of Operations
Director of Finance
Director of Human Resources
Compensation as of Fiscal Year 2015.

Berggruen Hotels Private Limited Key Developments

Keys Hotels Appoints Two New General Managers

Keys Hotels announced appointment of two new General Managers. The hotel appointed Somusundaram Thevar and Ajit Abraham as General Managers to head its hotels in Mumbai and Ludhiana respectively. Somusundaram, has spent over 15 years in the industry. He began his career as a trainee cook with the Oberoi and has since worked with some of the most renowned names in the hospitality space such as the Taj and the Royal Caribbean, gaining experience in all aspects of Food & Beverage, hotel operations, administration, budgeting and statutory compliance processes. Ajit's experience in the hospitality space spans thirteen years in which he has fulfilled several roles like front office operations, Business Development, operations management, customer relationship management and excellence in Guest Satisfaction. He began his career at the Pride Hotel, Ahmedabad and has since worked at the Flora Grand Hotel in Dubai, Hotel Inder Residency in Udaipur and the Lords Group of Hotels, Gujarat.

Berggruen Hotels Considering Sale Of Prime Properties

Berggruen Hotels Private Limited is evaluating the sale of some of prime properties housed under his mid-market chain Keys Hotels. The assets include assets in Goa, Raipur, Lucknow and Kerala for potential sale. Keys Hotels will focus on managing properties rather than owning real estate.

Whitbread Is In Talks To Acquire Portfolio Of Berggruen Hotels

Whitbread PLC (LSE:WTB) is in talks to acquire or merge the portfolio of Berggruen Hotels Private Limited. The management of 'Premier Inn', a mid-market hotel brand owned by Whitbread, ' is understood to be in very advanced stage of negotiations with Berggruen Hotels to either acquire or merge or enter into a joint venture arrangement for India operations. While details of the arrangement have been kept under the wraps, industry sources said a deal between Premier Inn and Berggruen has been finalised already. Sanjay Sethi, Managing Director and Chief Executive Officer, Berggruen Hotels, said, "Efforts have been on to consolidate as much as possible and we have had some discussions, but nothing has fructified as yet." When contacted by Daily News & Analysis (India), V V Giri, Regional Director-Operations (South Asia), Premier Inn, declined to comment.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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