The hospitality arm of the Peerless group has recently acquired a running 65-room 3-star property in Hyderabad’s Gachibowli, and would be soon unveiling in its new avatar – ‘The Peerless Inn – Hyderabad’. The hotel is located in close proximity to the airport and railway station.
Confirming the development to Food & Hospitality World, Kunal Sen, executive director, Peerless Hotels said, “We have acquired a running property at Hyderabad’s Gachibowli and would be unveiling it as ‘The Peerless Inn – Hyderabad’. It is a well-appointed property located in the heart of the IT and financial business district of the city amid business centre and upcoming commercial buildings.”
“We are very much optimistic about the growth potential of the hotel as several commercial establishments are coming up in the near vicinity of the hotel, which will increase business travel in the region”, Sen added.
The 65-room hotel is equipped with all modern amenities. Each room is connected with Wi-Fi and has facilities like multi-channel TV, tea-coffee maker, mini-bar and all other facilities. The multi-cuisine restaurant at the lobby level allows guests to enjoy Andhra and Hyderabadi cuisine from range of option. The hotel also has banquet with conference facility.
“This acquisition enables the group to foray into the South. With the decision to expand further into the mid-market segment, the company is open to make more such acquisitions in the future in Tier-I and Tier-II cities”, Sen added.
Peerless Group presently runs the 168-key ‘Peerless Inn-Kolkata’ and a 50-room luxury resort in Port Blair.