Interstate Hotels & Resorts, Arlington, Virginia, announced on Thursday that its joint venture with JHM Hotels signed contracts to operate two more hotels in India.
The new hotels will be the 63-room Rajasthali Resort & Spa in Jaipur, developed by the Construction Ltd., a Jaipur-based real estate development company, and the 145-room Ramada Amritsar, owned by Gurgaon-based Starex Developers Pvt. Ltd. The addition will bring the total amount of Indian hotels managed by Interstate to five.
“Our business model, focused on local contacts and in-country experience, has translated well to India and enabled us to establish a strong operating platform there,” said Thomas Hewitt, Interstate’s chairman and CEO.
JHM Interstate Hotels India Pvt. Ltd. is a 50/50 joint venture partnership formed in 2008 between Interstate Hotels & Resorts and JHM Hotels. It is headquartered near New Delhi, India.