Mantis Collection moves into Indian and SE Asian boutique hotel markets

George Sell George Sell Uploaded 15 June 2012

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India: South African hospitality operator Mantis Collection has announced plans to operate boutique hotels in the Indian sub-continent and South-East Asia

It has entered into a joint venture with Indian real estate and hospitality outfit ICS Group. Called Ayana, the JV will develop and operate boutique luxury hotels, and plans to have at least 30 properties under its operation in the next 10 years. The venture "will focus on providing hospitality services to high-end boutique hotels and lodges, primarily in destinations close to nature".

Speaking about the joint venture, Kunal Premnarayen, group CEO of ICS Realty said: "The luxury boutique segment in India is at a nascent stage and there is immense potential in the sector. The tourism industry in India is developing and evolving as the country witnesses' a steady increase in inbound international travelers. We believe this is the most opportune time to make our foray in to the hospitality sector and are delighted to have an experienced and globally reputed partner in Mantis."

Graham Moon, CEO of The Mantis Collection, said:  "We are very excited about our first venture in India. In ICS we have found the right partners with a shared vision to create landmark boutique hotels.  India ranks high among the tourism destinations in the world given the immense bio-diversity and the varied landscapes. We are very optimistic about the boutique luxury tourism sector in India and are excited to participate in this growth story."

The joint venture's first property, a luxury safari lodge at Pench National Park is currently under construction and will open next year.

"We would like to have at least 10 operational hotels in the first five years and that number would grow to 30 in over 10 years. Each of these properties will be in the range of 10-70 rooms," said Premnarayen.

Ayana is in talks with land owners in Goa, Kerala and Karnataka with a view to developing boutique hotels, and is also considering Malaysia, Nepal, Bhutan and Sri Lanka.

Mantis Group currently operates high-end safari lodges in Africa, the Ice Hotel in Sweden, eco-lodges in South America, leisure hotels in Europe and luxury expeditions to Antarctica.

www.mantiscollection.com

15/06/12

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