Panjim, Oct 12 (GCBusiness) Goa-based Verda Hospitalities Pvt Ltd and Arihan Hospitality have inked a Memorandum of Understanding (MoU) to grow the ‘The Verda’ – hotels, resorts, villas and heritage homes brand in the Indian and the global markets.
Currently operating in 7 locations across Goa and Karnataka; through the MoU, Verda Hospitalities and Arihan Hospitality aim to target new emerging leisure and business tourism markets in Mumbai, Delhi-NCR, Pune, Patna, Nashik, Ranchi, Raipur, Bhubaneshwar, Ahmedabad, Baroda in India and countries like Thailand, Cambodia, Vietnam UAE, Kenya and Gabbon over the next four years.
Commenting on the new strategic alliance, Avinash Singh Parmar, Co-Founder and CEO stated, “We are a young, vibrant and dynamic company with a strong vision and commitment to take the essence of Indian hospitality business globally. In our vision to grow into a formidable global hospitality brand we have decided to partner with Arihan Hospitality to work with us to develop ‘The Verda’ brand in India and Internationally. We focus our hotel management expertise in operating hotels, resorts, villas and heritage homes in the leisure and business hotel segments. The global hospitality market indexes indicate that the demand for leisure and business hotels within India and Internationally continue to grow exponentially. We want to capture a small slice of this growing marketplace. ”
Arihan Hospitality with its formidable presence and network in India and markets in Middle East, Africa, South Asia and South East Asia has been assigned with the task to grow ‘The Verda’ brand of hotel management services globally.
Speaking on the new development, Savio Rodrigues, MD & CEO, Arihan Hospitality stated, “We were keen to explore the hospitality market with a new, promising brand and work with business partners that share our vision in the global hospitality business. Tourism in India is evolving. With this evolution varied accommodation opportunities will arise in the form of luxury hotels, business hotels, resorts, service apartments, heritage homes and villas. Just like in India this phenomenon will be seen across emerging countries globally particularly in Middle East, Africa, South Asia and South East Asia. Our aim to spread ’The Verda’ brand of hospitality in India and Internationally.
The Verda Brand of hotels are present in Goa at Carmona, Baga, Candolim and Morjim and in Karnataka it is present in Bengaluru, Mangalore and Hubli-Dharwad.