In an interview with ET, Chopra said that apart from Ranthambore, the chain has plans to open seven more hotels in various locations next year, including Tirupati, Goa, Mashobra, Kanha Tiger Reserve, and one in the Himalayas.
Chopra emphasized the chain’s profitability and substantial assets under management, citing a notable increase from the previous year. He expressed a vision to amass $1 billion worth of assets under management within the next three years, positioning the company as a prominent global player.
The Ranthambore hotel, designed by architect Luca Franco of Luxury Frontiers, will feature spacious 1,950 square feet rooms and each of the 14 rooms will be equipped with private heated pools.
Chopra revealed an ambitious plan to launch a new Postcard hotel every quarter for the next seven years to continually provide fresh options for guests.
The company is slated to inaugurate Assam’s first luxury hotel in a tea estate later this year, with government subsidies and reduced-interest loans aiding the venture.
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Chopra emphasized the need for high-quality accommodations in areas like Tirupati, a bustling tourist destination.
He highlighted the dearth of new luxury hotel brands in India, positioning the Postcard Hotel as a disruptive force in the industry. Chopra claimed that the brand is known for its customer-centric approach, offering unique amenities such as unrestricted check-in and check-out times and welcome cocktails for guests.
Chopra declared the Postcard Hotel as the country’s most expensive hotel brand, with a focus on spacious rooms and strong revenue-sharing agreements in its portfolio.
Despite challenges in the hospitality sector, Chopra believes there is a need for the creation of world-class hotels in India, building on the legacy of pioneers like Mr. PRS Oberoi and Captain CP Krishnan Nair, who envisioned and established some of India’s finest hotels decades ago.