Mid-market hotel chain Lords Hotels & Resorts is set to expand its portfolio by acquiring a new property in Purulia, West Bengal, India.
Financial details of the deal remain undisclosed.
Due to open early next year, Lords Eco Inn Purulia will feature a range of amenities.
These include a restaurant, a rooftop lounge, and two banquet halls designed to host conferences and weddings.
Lords Hotels & Resorts Expressing COO Pushpendra Bansal said: “We thank our new partners for their trust in us, as we seek to affiliate with more such owners to offer Lord’s exhilarating hospitality to business and leisure travellers.”
Lords Eco Inn Purulia’s location will easily connect to road and rail transport.
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By GlobalDataThe nearest airports to the hotel are in Jamshedpur, Ranchi, and Kolkata.
This acquisition is part of Lords Hotels & Resorts’ broader growth strategy in India.
The company aims to launch more than 100 properties in the country over the next three years.
Lords Hotels & Resorts operations and development vice president Vikas Suri said: “To maximise further growth and expansion opportunities, we are delighted to consolidate our presence in West Bengal with the opening of our second property in this region. The Hotel will offer top-class accommodation and the finest services at competitive rates.”
Earlier this year, Lords Hotels & Resorts signed a property in Chandigarh.
The property will offer various amenities such as banqueting and conferencing facilities, as well as an all-day dining restaurant.
Lords Hotels & Resorts’ current portfolio includes Lords Plaza in Ankleshwar, Rang Lords Inn in Bharuch, Diyalo Lords Plaza in Birgunj and Pemaling Lords Inn in Dirang, among others.