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One of the best 5 Star luxury hotels

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Publication : Free Press Journal

Date : 2nd August 2014

Pride Hotels Premium Location, An ultimate retreat


Pride Hotels Premium Location, An ultimate retreat
Publication : Free Press Journal
Date : 2nd August 2014
Pride Group of Hotels – Preferred choice for ELITES

Pride Group of Hotels, winner of the “Best Emerging Five Star Luxury Hotel Chain” at World Travel Brand Awards offers unique environment and acts as a natural catalyst to memorable stay, vacations and events through its hotels in Ahmedabad, Bangalore, Chennai, Kolkata, Pune, Nagpur, Delhi, Goa, Jaipur etc.

Pride Group is synonymous for providing right blend of service, luxury and efficiency to guests in every manner. The grandeur of amazing ambience, state-of-the art technology and exceptional service make Pride as their preferred choice.

The group witnessed gracious presence of Ms. Katrina Kaif and Mr. Ranbir Kapoor for the film promotion, Ms. Shreya Ghoshal and Ms. Sunidhi Chouhan during a musical concert, Mr. Salman Khan for a film release event, Mr. Subhash Ghai, Mr. Madhur Bhandarkar for film shooting etc.

The splendid hotel of Nagpur has also hosted cricket teams like India, Australia, South Africa, England etc. during their visit to the vibrant and bustling city for test and one day matches. Cricketers truly enjoyed the warm hospitality and amicable staff at their service during stay.

Press Conference addressed by Shri. Narendra Modi, Shri. Arun Jaitley, Shri. LK Adwani, Smt. Jaiwanti Ben Mehta, was flawlessly organized by Pride Hotels.

Also grand events like cookery show, fashion show, product launch are conducted in unparallel style, elegance and attention at the best banquet halls which are in harmony with the events to be held.

Pride Group has a presence in all most all regions of the country offering world class hospitality standards, combined with excellent ambience and quality service.

For more details – visit www.pridehotel.com

Publication : Free Press Journal

Date : 20th May 2014

Pride Hotels Premium Location, An ultimate retreat


Pride Hotels Premium Location, An ultimate retreat
Publication : Free Press Journal
Date : 20th May 2014
Pride Group of Hotels bags The Golden Star Awards for the second consecutive year

Pride Group of Hotels, the winner of the “Best Emerging Five Star Luxury Hotel Chain” at World Travel Brand Awards offers unique environment and acts as a natural catalyst to memorable stay, vacations and events through its primely located hotels in Ahmedabad, Bangalore, Chennai, Kolkata, Pune and Nagpur.

The Pride Hotel Ahmedabad on Judges Bungalow Road primarily blows the trumpet to invite more guests because of the proximity to Ahmedabad International Airport and S.G. Highway. Located amidst the elite business area of Satellite and the most exciting tourist and shopping destination of SG Road, Pride Hotel is exactly in the core area of the city.

The Pride Hotel, Kolkata is conveniently located in the upcoming New Town area of Kolkata at Rajarhat – a fast growing planned satellite city and IT Hub and within easy access to the Kolkata Airport. The hotel is in the heart of business and tourist destinations like Nicco Park, Salt Lake Stadium and Salt Lake City Centre Mall. With the soon development of the township the population of the area is poised for significant increase.

The Pride Hotel in Nagpur is a premium segment hotel located barely half a kilometer from the airport. The hotel is located strategically between city and the industrial belt buti bori in a lush green pollution free environment. It is barely one kilometer from MIHAN, a biggest economical development project to convert the present airport in to major cargo hub with integrated rail and road connectivity and nearly 6 kilometers from MIDC with various industrial units.

The Pride Hotel in Pune is centrally located at Shivaji Nagar in the heart of Pune. It is in the close proximity to tourist destination like Osho Rajneesh Ashram, high profile areas like Hinjewadi, MIDC IT Park. Its strategic location near to airport makes it an ideal choice for the frequent traveler.

The Pride Hotel Chennai is one of the finest hotels ideally situated in the centre of the city. Its prime location in Kilpauk and outstanding facilities have made it a place where one can spend a quality time. The hotel has a fine connectivity from Chennai International Airport and is among the developing commercial area with lot of businesses locating their offices

The Pride Group has a presence in all most all regions of the country offering world class hospitality standards, combined with excellent ambience and quality service.

For more details – visit www.pridehotel.com

Publication : India Business Journal

Date : 14th Feb 2014

6th Golden Star Awards, 2013-14


Pride Group of Hotels bags The Golden Star Awards for the second consecutive year
Publication : India Business Journal
Date : 14th Feb 2014
Pride Group of Hotels bags The Golden Star Awards for the second consecutive year

Cafe Treat, Puran Da Dhaba at The Pride Hotels and The Pride Amber Vilas Resort and Spa, Jaipur have won The Golden Star Awards 2013-2014 held in Taj Lands, Mumbai on 14th Feb 2014.

Café Treat won the award for "The Best all day dinning Cafe", Puran Da Dhaba won the award for "The Most authentic Punjabi Restaurant" and The Pride Amber Vilas Resort and Spa, Jaipur won the award for "The Best Wedding Destination Resort in Jaipur".

Speaking on the occasion Mr. Satyen Jain, CEO Pride Group of Hotels said, "Pride Group is honored to have received this recognition and it's an evidence that the group has excelled in delivering the best guest experience and satisfaction".

Café Treat – The all day dining café at The Pride Hotels is the ultimate choice of food lovers, seeking a variety of food choices and exotic flavors. You can walk in at any time round the clock and relish sumptuous buffets breakfast or lunches or enjoy delicious Ala Carte meals and snacks in the exclusively designed Café.

Puran Da Dhaba is a rustic Punjabi Dhaba serving asli Punjabi khana in a rustic ambience with live Geet and Sangeet. Puran Da Dhaba transports you to the roadsides of Punjab, with signposts, service staff dressed up in Punjabi costumes and even a Bullockcart, a Paanwalla, a Chudiwala, Mehendiwali, along with Chatpati Chaats.

The Pride Amber Vilas Resort and Spa, Jaipur is spread across 17 acres. The resort and spa offers spacious venues for weddings, sangeet, receptions or any kind of get together. The resort can comfortably accommodate up to more than 3500 people in spacious and beautiful lawns. The resort also features exclusive banquet halls, with a royal touch.

The Pride Hotels currently has Pan India presence in Pune, Bangalore, Chennai, Nagpur, Kolkata, Ahmedabad, Goa, Jaipur, Pench. The Pride Tiger Woods Resort Kanha, are the latest addition to the list hotels across India. The Pride Hotels are also coming up with a 386 room's upmarket luxury hotel at Delhi adjacent to the international airport.

Publication : India Business Journal

Date : Feb 2014

Pride Group of Hotels, the winner of the Best Emerging Five Star Luxury Hotel Chain


Pride Group of Hotels, the winner of the Best Emerging Five Star Luxury Hotel Chain
Publication : India Business Journal
Date : Feb 2014
Pride Hotels, Biznotels, Resorts…
… a benchmark of excellence


Pride Group of Hotels, the winner of the "Best Emerging Five Star Luxury Hotel Chain" at World Travel Brand Awards offers unique environment and acts as a natural catalyst to memorable stay, vacations and events through its three brands viz. Hotels, Biznotels and Resorts.

Pride Hotels are a successful chain of five star hotels at Pune, Nagpur, Ahmedabad, Bangalore, Chennai, Kolkata Delhi – Aerocity. These Hotels offer World Class hospitality standards combined with excellent ambience and quality service. All the Pride Hotels are equipped with tastefully designed banquet halls, spacious meetings and conference rooms, modern and luxurious guest rooms, multi cuisine and Indian restaurants and Bar along with other amenities like gym, spa, swimming pool etc. The guest rooms are stocked with LCD TV, high speed internet access, mini bar, tea coffee maker, in room safe etc.

Pride Biznotels are mid-segment business hotels at Bengaluru (2014) etc. These hotels cater to the needs to business and leisure travelers by offering convenience and comfort in every manner. You can unwind here with gymnasium, smart in room amenities, Jacuzzi, swimming pool, banquet halls, lawn for grand gatherings and restaurants.

Pride Resorts are an ideal place for fun, joy and work set amidst picturesque locations in Goa, Jaipur, Kanha and Pench etc. These resorts offer luxury rooms and suites, lawn for grand gatherings, restaurants, swimming pools, smart guest rooms, banquet halls, cottages and floating suites, gymnasium etc.

The Pride Group is currently undertaking a massive expansion plan with an objective to emerge as a National Hotel Chain, with a presence in all most all regions of the country offering world class hospitality standards, combined with excellent ambience and quality service.

Publication : India Business Journal, Corporate India, Travel Trade Journal, India Business Journal, Lokmat,

Date : January 2014

Pride Hotel Wins the World Travel Brand Awards


Pride Hotel Wins the World Travel Brand Awards
Publication : India Business Journal, Corporate India, Travel Trade Journal, India Business Journal, Lokmat,
Date : January 2014
World Travel Brand Award, 2012-13

The Pride Hotels won "The Fast Emerging 5 Star Luxury Chain" in India at World Travel brand Awards 2013, held in Radisson Blue, New Delhi, Dwarka on 19th December 2013.

Speaking on the occasion Mr. Satyen Jain, CEO Pride Hotels said, "We are thrilled to be awarded The Fast Emerging Five Star Chain at The World Travel Brand, Awards. It's a fantastic recognition of our commitment in exceeding expectation of our guest in every manner".

The Pride Hotels are a unique business lifestyle hotels that caters comprehensively to the needs of the discerning business travellers in an environment of luxurious resort living. All the Hotels are distinguished by design innovations and the latest lifestyle trends combined with tailored work experiences. Elegant contemporary rooms and suites combine luxurious living areas with functional office space. Full business facilities and meeting rooms offer the ultimate in convenience. Dine and entertain according to your mood or the occasion in the vibrant mix of restaurants and bars. Unwind by the pool or with natural spa therapies in the warm sanctuary of Spa. At Pride Hotels, experience a refreshingly new and sophisticated style of living, working and relaxing in the city.

Pride Hotels currently has Pan India presence in Pune, Bangalore, Chennai, Nagpur, Kolkata, Ahmedabad, New Delhi – Aerocity (2014), Sriperumbudur, Jaipur, Pench. Pride Tiger Woods Resort Kanha, are the latest addition to the list hotels across India

Publication : India Business Journal

Date : August 2013

Pride Hotels Celebrates its 25th anniversary


Pride Hotels Celebrates its 25th anniversary
Publication : India Business Journal
Date : August 2013

The Pride Hotels today is a major player in the hospitality industry in India. Starting with a single hotel in Pune to  emerge as one of the fastest growing Business Hotels Chain in India, The Pride Hotels, manage & operate 14 hotels having more than 1188 rooms, 25 restaurants & 52 banquet halls and many more hotels are coming up. The Pride Hotels 387 rooms upmarket flagship property, coming up near the International Airport at Delhi, is expected to commence operations by end 2013. Indore, Goa,   Mysore and many other cities across India will soon see the presence of Pride Hotels.

Celebrating 25 years of operations, The Pride Hotels vision is to position themselves as a Global Hospitality Brand & become the leading Business Hotel chain of India offering quality service to travelers by providing world class hospitality standards and warm Indian Hospitality.

The Pride Hotels currently have a presence in Ahmedabad, Bangalore, Chennai, Kolkata, Nagpur & Pune besides managing hotels at Jaipur, Ranipet, Kanha & Pench. All hotels are conveniently located and offer modern amenities and facilities for making each stay memorable. Each hotel is equipped with extensive banqueting and convention facilities, top of the line Food & Beverage outlets, Health Clubs & Business Centres making the hotels the preferred venues for business & leisure travelers.

Pride Hotel Ahmedabad - Located amidst the elite business area of Satellite and the most exciting tourist and shopping destinations of S.G. Road, Hotel Pride is a world-class five-star luxury hotel right here in the heart of the Ahmedabad city.

Pride Hotel Bangalore - Situated in the heart of the Bangalore city, the Pride is located in close proximity to places of tourist interest like Vidhana Soudha, Cubbon Park and Vishweshwaraya Museum. Rich in every way, The Pride offers exclusive blend of the traditional hospitality with modern comforts.

Pride Hotel Chennai - Located in the city center, The Pride, Chennai presents 115 aesthetically-designed luxurious rooms with an exclusive 24 hour coffee shop, multi-cuisine restaurant, bar, roof-top restaurant, two banquet halls, board room, business center, health club, swimming pool and a lot more.

Pride Hotel Nagpur - The city of oranges goes truly five star with the Pride Hotel, Nagpur. Barely half a kilometer from the airport, the Hotel is strategically located between the city and the industrial belt- Buti Bori, in a lush green, pollution-free environment. A haven of tranquility and luxury, The Pride Hotel provides accommodation that proves to be an oasis of calm amidst chaos and drudgery.

Pride Hotel Pune - Centrally located in close proximity to places of tourist interest like OSHO Rajneesh ashram and high profile areas like hinjewadi, shivajinagar THE PRIDE is one of the leading Five-Star Hotels of Pune.

Pride Hotel Kolkata - Situated in business core of the Kolkata city, The Pride is located in close proximity to the eminent corporates and within the easy access of the impending IT Hub of Kolkata. Rich in every way, The Pride offers exclusive blend of the traditional hospitality with modern comforts.

Pride Hotel currently also operates 5 properties across India under the Pride Hotel Biznotel at Ranipet, Jaipur, and Sriperumbudur

Publication : Hospitality Biz, Food and Hospitality World, Travel Trends Today, Indian Hospitality Review, Travel Biz Monitor

Date : October 2013

Pride Sun Village Resort and Spa – Reflecting the serenity of Goa


Pride Sun Village Resort and Spa – Reflecting the serenity of Goa
Publication : Hospitality Biz, Food and Hospitality World, Travel Trends Today, Indian Hospitality Review, Travel Biz Monitor
Date : October 2013
Pride Sun Village Resort and SPA – Reflecting the serenity of Goa

The Pride Hotels, one of the fastest growing hotel chains in India has taken over the management at the erstwhile Sun Village Resort at Goa near Baga, Arpora a tourist destination in North Goa.

The 136 room property has entered into an agreement which was signed by Mr. Arun Nayar, The Executive Director Pride Hotels and Mr. Ralph Desouza MD, The Sun Village Resort Pvt. Ltd. The resort will be known as Pride Sun Village Resort with effect from September, 2013.

Speaking on the occasion Mr. Satyen Jain, CEO Pride Hotels said, “We are proud to have been appointed to manage and operate, the Sun Village Resort. Set to open in September 2013, this modern and uniquely designed hotel will provide deluxe amenities and genuine local hospitality to ensure its guests a truly remarkable experience”,

More about the resort
Guest Rooms – Indulge in luxury at the elegant 136 air conditioned suites with television and refrigerator in every suite.
Restaurants – Enjoy the lip smacking dishes at the multi cuisine restaurants in the hotel viz. Sunflower, Hibiscus, Tomatium which serves Buffet and Alacarte meals.

Conference rooms – Meet your needs of organizing a seminar, business meets or a work shop with the fully equipped Conference rooms with state-of-the-art communications systems and presentation facilities to ensure the smooth running of your business event.

½ acre village lawns for banqueting and theme nights – Make you’re once in a life time event unforgettable with the most sought after and enticing venue, you will ever come across.

Recreation facilities – Feel the tranquility for body and mind at the massage center run by experience Keralite professional.

Gym - Work out and feel re-energized at the world-class gym that hosts state-of-the-art equipments to enhance your exercising experience and to maximize the work-out output.

Shopping and entertainment – Experience the convenience of shopping beyond par, at hardly any distance from the guest rooms with the Shopping arcade which offers variety of exclusive brands.

Beauty parlour with separate men’s Barber Shop – Groom yourself with all kinds of beauty therapies at the beauty parlor.

Designed to accommodate the needs of both business and leisure travelers to GOA, the hotel highlights a combination of contemporary and local traditional style. 

 Pride Hotels currently has Pan India presence in Pune, Bangalore, Chennai, Nagpur, Kolkata, Ahmedabad, Sriperumbudur, Jaipur, Pench. Pride Tiger Woods Resort Kanha, are the latest addition to the list hotels across India

Publication : Food and hospitality world, Travel Biz monitor, India Business Journal, Free Press Journal

Date : November 2013

Pride Hotel introduces its loyalty program


Pride Hotel introduces its loyalty program
Publication : Food and hospitality world, Travel Biz monitor, India Business Journal, Free Press Journal
Date : November 2013
Pride and Privilege go hand in hand

Pride Hotels, one of the fastest growing hotel chains in India introduces a loyalty program namely Pride Privilege Program for its valued and frequent guests to offer them an enhanced level of services.

Discover the best hospitality on every stay. The more you stay the more you win points and the more you get upgraded to higher level of membership i.e. from Silver to Gold and then to Platinum.

From the first stay onwards 15 points can be earned for spend of Rs. 100 for a Silver Membership Card. As a Silver card holder you can enjoy benefits such as Priority Check-in, Transfer of points etc.

When you reach the targeted spend thresh hold you will automatically be upgraded from Silver to Gold and Gold to Platinum.  
As a Gold Card member, you will be eligible to earn 33% extra points. Exclusive benefits such as Early Check In, Late Check-out, upgrade to next best category room etc can be enjoyed.

As a Platinum Card holder you will be eligible to earn 35% extra points. Exclusive benefits such as 24 hours guaranteed Room Reservations; Priority reservations etc can be enjoyed.

The Pride Privilege Program adapts automatically to the frequency of your stays, offering you many more advantages such as free stays, meals vouchers, shopping vouchers etc.

These loyalty points can be earned at Pride hotels in Ahmedabad, Pune, Kolkata, Nagpur, Chennai, Bangalore and can be redeemed across all Pride Hotels, Biznotels and Resorts in India.

Experience the attractions of Jaipur, the culture of Kolkata, Nagpur, Chennai, vibrancy of Bangalore, Pune and Ahmedabad, the scenic beauty of Chandigarh amidst the sprawling Golf Club, picturesque landscape at Goa and an adventurous trip to Tigerwood resort at Kanha. Your loyalty card will enhance your experience around 15 cities.

The Pride Group currently has Pan India presence in Pune Bangalore, Chennai, Nagpur, Kolkata, Delhi – Aerocity (2014), Ahmedabad, Sriperumbudur, Jaipur and Kanha. Pride Sun Village Resort and Spa, Goa are the latest addition to the list of hotels across India. The group is currently undertaking a massive expansion plan with an objective to emerge as a National Hotel Chain, with a presence in all most all regions of the country offering world class hospitality standards, combined with excellent ambience and quality service.

Publication : Corporate India, Free Press Journal

Date : December 2013

Pride Hotels Banquets and Conferences


Pride Hotels Banquets and Conferences
Publication : Corporate India, Free Press Journal
Date : December 2013

Your special occasions come to Life …
… At Pride Hotels

Pride Hotels, one of the fastest growing hotel chains in India exemplifies a luxurious brand of hospitality with its banquet and conference facilities. The contemporary banquet facility features such as catering services, showcase your event with pomp and efficiency that they deserve. Leave the worries about your event to us and fill the halls at The Pride Group of Hotels with the beating of your heart.

With taste fully designed banquet halls, well equipped meeting and conferences rooms, sprawling green lawns, modern and luxurious guest rooms and delicately chosen menu from separate vegetarian and non vegetarian kitchen this luxury hotel which is centrally located in all the locations can cater your every need and is superb setting for an unforgettable event.

Whether you are considering a large lavish wedding affair at our hotels in Kolkata, Nagpur and Ahmedabad for 500-1000 pax or a simple intimate gathering at Pune, Bangalore, Chennai for 50 to 250 pax or a blissful wedding experience at our picturesque locations in Chandigarh (Panchkula), Goa, Jaipur for 500-1000 pax we believe in making your dreams come true in every aspect with our magnificent halls and breathtaking lawns. Our exclusive wedding package comprises of essentials like Venue decoration, Welcoming guest, Entertainment (DJ with live music), Sitting arrangement with floral touch, Pooja Vidhi, Photography, Gourment Wedding cake, First night suite, Home coming ceremony etc. at select Pride locations.

Pride Hotels also has an option suited for Conferences and Meetings in these locations with a host of Meeting Hall, Conference Venue, Lawn, Business center etc. We understand that every meeting or a conference has different needs and we offer the flexibility of space to cater for residential and day conferences, product launches, board meetings, training, investment seminar etc. All the venues have been upgraded to State of the art technology like audio visual equipments, Onsite IT support, High speed internet access etc thereby facilitating a smooth functioning of your event.

The Pride Group currently has Pan India presence in Pune, Bangalore, Chennai, Nagpur, Kolkata, Delhi – Aerocity (2014), Ahmedabad, Sriperumbudur, Jaipur and Kanha. Pride Sun Village Resort and Spa, Goa are the latest addition to the list of hotels across India. The group is currently undertaking a massive expansion plan with an objective to emerge as a National Hotel Chain, with a presence in all most all regions of the country offering world class hospitality standards, combined with excellent ambience and quality service.

Publication : Financial Chronicle

Date : August 20, 2009

Pride Hotels eyes pan-India presence

Company plans to open 30 hotels, adding 3,000 rooms by 2015 to become the country's third largest hotel chain...


Pride Hotels eyes pan-India presence
Publication : Financial Chronicle
Date : August 20, 2009
Company plans to open 30 hotels, adding 3,000 rooms by 2015 to become the country's third largest hotel chain

The Pride Hotels group is on an expansion mode and is working to position itself as a national hotel chain with footprints in major cities. It plans to open five 5-star hotels over the next five years with a total investment of Rs 800 crore.

“A massive expansion plan is in the works and we want to emerge as a national hotel chain, with a presence in almost all regions of the country,” S P Jain, founder chairman and managing director, Pride Hotels, told FC Estate. He said land has already been acquired for three hotels in Mumbai, Goa and Alibaug and they would be completed within three years. Two 5-star hotels will also come up in New Delhi and Hyderabad within five years. At presents, the group operates 5-star luxury hotels in Pune, Nagpur, Ahmedabad, Chennai and Banglore.

Jain said the company would also construct three Pride Resorts. “We will build Pride Resorts in Kerala, Alibaug and Goa,” he said, adding that the company is already running its resort properties in Mahabaleshwar and Jaipur.

The Company has also lined up 10 new Pride Biznotels in strategic tier II and tier III cities that would be operational by 2015.

These will be three-four star, full-service business hotels.

“The tariff would be Rs. 2,000-Rs 4,000 per room, per day, whereas the 5-star luxury hotels would charge Rs. 5000-Rs 10,000 per room, per day,” Jain said. At present, the company runs five company-owned Pride Biznotels at Puducherry, Ranipet, near Chennai, Chinchwad, near Pune, New Delhi and Aurangabad.

The hotel chain has an inventory of 1,000 rooms and 38 conference halls that can seat 50 to 2,000 people

While the 120-room, 5-star hotel in Bangalore was launched recently, the Goa hotel will have 100 rooms, entailing an investment of Rs 55 crore.

Jain said during the past five decades, only few world-class hotel groups have establishes their footprints across India.

“By 2015, we will have 30 decades, only with 3,000 luxury rooms in 30 cities. We hope to become the third largest hotel chain in the country,” he added. At presents, the hotel chain has an inventory of 1,000 rooms and 38 conference halls that can seats 50 to 2,000 people, besides 28 restaurants.

To fund the projects, the company plans to raise Rs 200 crore through an initial public offering (IPO) in January 2010, while Rs 250 crore will come from internal accruals. The hotel chain also plans to raise Rs 100 crore from private equity partners.

Jain said due to the global economic slowdown, business was down by 20-25 per cent and at present, the swine flu pandemic had affected occupancy. “It is a temporary phenomenon; we expect business to pick up post October,” he said.

Publication : India Business Journal

Date : August 2009

Page No. : 18

Spreading Wings

The Pride Group of Hotels draws up a Rs 800-crore expansion plan to take the Pride brand to 30 cities...


Spreading wings
Publication : India Business Journal
Date : August 2009
Page No. : 18
 
 
The Pride Group of Hotels draws up a Rs 800-crore expansion plan to take the Pride brand to 30 cities.

The Pride Group of Hotels is abuzz with activities. The hotel chain, promoted by Mumbai-based SP Group of Companies with interests in construction, financial services, is on an expansion spree. The hospitality major has chalked out a Rs 800-crore ambitious plan to take the Pride brand to 30 cities in the next six years.

During the last five decades, only two world-class hotel groups have made their presence felt on a pan-In-dia level. By 2015, we will have 30 hotels with 3,000 luxurious rooms in 30 cities to emerge as the third-largest hotel chain in the country, I reveals Pride Hotels Managing Director S P Jain.

Pride Hotels is all set to launch a 100-room, luxury hotel in Goa this year entailing an investment of Rs 55 crore. It has also lined up Rs 250 crore to open a 250-room hotel in Mumbai by 2010, which will be followed up with another hotel in Alibaug. The company has already acquire land for its upcoming hotels in Mumbai, Alibaug and Delhi.

The hospitality company, which currently operates 10 hotels with 1,000 rooms in 10 major cities, recently opened a 120-room, five-star hotel in Banglore. The group currently operates five-star luxury hotels in Pune, Nagpur, Ahmedabad, Chennai and Banglore. Under the Pride Biznotel brand, it operates properties in Chinchwad(near Pune), Ranipet(near Chennai) and Puducherry, while it has presence in Mahabaleshwar and Jaipur under the Pride Resorts brands.

The Pride Hotels expansion comes at a time when the hospitality industry across the world is reeling under several problems. The global economic slowdown has pushed occupancy rates to the lowest in the last four decades. Besides, a spate of terrorist attacks across the globe, including major Indian cities, and the Swine flu threats have forced renowned hospitality chains to cut back investment plans and defer many projects.

Funding growth
The ambitious expansion plan has been worked out to the last detail. The company plans to raise rs 200 crore from an initial public offer (IPO) in the year 2010 to part-fund its growth. The balance will be raised through a mix of internal accruals, debt and private placement of equity.

We are looking at offloading around 30 per cent of equity to meet the fund requirements. We will also mobilise money from internal accruals and through term loans from banks and financial institutions. Kotak Real Estate Fund has invested Rs 45 crore and Primary Real Estate Investments, Mauritius, has invested Rs 10 crore in the equity capital of Pride Hotels, discloses Mr Jain.

The company is planning to submit the draft offer document to the Securities and Exchange Board of India(SEBI) in a couple of months. It has roped in Edelweiss as one of the lead managers for the proposed IPO.

Winning strategy
Pride Hotels has come a long way in the past one decade. Mr Jain's grand vision and his untiring efforts have played a vital role in building the hospitality chain. A strong entrepreneurial spirit triggered a major transformation in Mr. Jain's life and career chartered accountant turned to hospitality.

As I am more inclined towards service-oriented enterprises, I turned towards the hospitality segment in the late nineties. I had realised by then that the industry has tremendous growth prospects in the future, reminisces Mr Jain.

A unique business strategy followed by Mr Jain has reaped rich dividends for the hotel chain. Mr Jain has mastered the art of acquiring start-up hotels at an attractive price and then converting them into state-of-the-art, luxury, five-star hotels. He zeroed in on hotel properties in prime locations in cities, which had fallen upon bad times because of inefficient management or lack of finance.

In 1999, a hotel in Pune was converted into a luxury, five-star property, giving birth to the first among chain of Pride Hotels. This was followed by a string of acquisitions in high-potential, tier-II cities, which firmly positioned the group in the crowded hospitality industry.

Like in Pune, the Nagpur property too was located at a prime location opposite to the Nagpur international airport. However, it was designed in an old-fashioned manner and was hence primarily used as a marriage hall. Mr Jain picked it up at a very low cast and undertook a costly, innovative, architectural exercise to reshape its exteriors and interiors. Today, pride Nagpur has become the best address in the region and dignitaries from across sectors make it a point to stay there.

The story of Pride Ahmedabad too is interesting. A promoter had started setting up a hotel property in Bodakdev, a fast-developing area in the city. The development ground to a halt following some financial problems with the promoter. Mr Jain stepped in acquired the property and refurnished and converted it into a grand, luxury five-star hotel. Today the 173-room property has emerged as the most preferred business hotel in Ahmedabad Incidentally, it is also the largest five-star hotel in the whole of Gujarat.

Mr Jain applied the same, successful strategy in Chennai too. He purchased a property in the Kilpauk area and renovated, refurnished and converted it into a modern and highly-sophisticated hotel. The 115-room hotel on the busy Poonamallee Road is already operating and one of the sought after hotels in the city.

Epitome of excellent
All the properties of the pride Group of Hotels reflect elegance and opulence with aplomb. Strategically located in prime areas, the Pride Hotels, with their elegant interiors, exquisite land scaping and smiling stewards and waiters, provides world-class hospitality services.

We do not strive only for five-star luxury in the exteriors and interiors of our properties, but also aim at giving services of international standards across the board, be it food and beverages, hi-tech connectivity, room facilities, soft furnishing or hardware, at all the Pride hotels. This also leads to standardisation of our services points out Pride Hotels CEO Satyen Jain.

Food and beverage at the company's chain of hotels are a class apart. With multi-cuisine restaurants and mouth-watering dishes, dining can be a memorable experience here. The ambiance at all its hotels is exquisite. Deluxe rooms and suites at the hotels ensure that its guest experience a home away from their own. The hotels offer air-conditioned, standard rooms, equipped with essential business aids and luxury of space.

The success of Pride hotels can be attributed to the positioning of the product. We have built smart business hotels. We know the requirements of our guests, who hail from the upper middle class business segment. Our facilities are tailored to meet his business needs, stresses Arun Nayar, Executive Director (operations), Pride Hotels.

The company has put in place an elaborate system to make sure that its guests enjoy business with pleasure. Its well-equipped banquet halls, varying in sizes, double up as ideal venues for business meetings, conferences, corporate events, seminars, get-together and weddings.

We provide facilities for meetings and conferences with more than 60 conference halls and board rooms that can accommodate people ranging from 20 to 2,000. It is one of the reasons why we have a repeat clientele and why our hotels have 75 to 80 per cent occupancy rates, notes Tridip Ghosh, general manager (Sales), Pride Hotels.

No wonder, the hospitality major has won several awards and recognitions. In 2008, it won the CNBC TV18 Emerging Company of the Year award and many other accolades.

Hoping to cash in on the growing business travellers, the Pride Group is focusing on its Pride Biznotel format. It is scaling up its Pride Biznotel properties in major cities and towns, with launches scheduled in Noida, Rajkot, Kochi, Gurgaon and Kolkata by 2011.

while five-star hotels in India are on a par with global competitors, there is a near absence of internationally acceptable three-star and four-star hotels. We aim to bridge this gap by expanding Pride Biznotel to multiple locations to meet the discerning needs of the budget traveler, emphasizes Satyen Jain.

Mr Jain has planned his venture with a long-term vision and reason. The hospitality major is set to spread its wings across the country in the next six years. Mr Jain had set a target of 10 hotels in the first decade of operations and it was achieved before schedule. Going by Mr. Jain and the Pride Group track record, one can safely expect to check into a Pride hotel in almost all the leading cities of the country very soon.

Publication : Business Standard, Ahmedabad

Date : August 13, 2009

Page No. : 7

Pride to operate 30 hotels by 2015 at Rs 800 crore

The company plans to raise Rs 200 crore through initial public offering(IPO) in January 2010. Other funds for the expansion plan would be raised from internal accruals, term loans from banks and various financial institutions...


Pride to operate 30 hotels by 2015 at Rs 800 crore
Publication : Business Standard, Ahmedabad
Date : August 13, 2009
Page No. : 7
 
 
Pride to operate 30 hotels by 2015 at Rs 800 crore
Plans one hotel in Rajkot by '11


As part of expansion initiative Pride Group of Hotels aims to open five five-star hotels spread over a period of six years. This expansion entails opening of luxury hotel in Goa in 2009 followed by Mumbai, New Delhi, Hyderabad and Alibaug in 2010.

'Pride Biznotel', the full service business hotel from Pride Group will penetrate its reach in Tier II metros with launches scheduled at Noida, Rajkot, cochin, Gurgaon and Kolkata by 2011.

Pride group currently operates five-star luxury hotels at Bangalore, Pune, Nagpur, Ahmedabad, Chennai and Banglore. Under Pride Biznotel and Pride Resorts brands, the group has set up properties in Pune, Ranipet, Puducherry, Mahabaleshwar and Jaipur.

While the 120-room five-star hotels was recently launched in Banglore, the 100-room hotel at Goa with an investment of Rs 55 crore will be operational shortly and 250-room hotel at Mumbai at a cost of rs 250 crore will be launched in 2010.

The group, which presently has 1000 luxurious rooms at ten hotels in India, has chalked out an ambitious Rs.800 crore growth plan.

Announcing the developments SP Jain, managing director, Pride Hotels ltd says, “During the last five decades only two world class hotels groups have made their presence felt on a pan-India level. By 2015 we will have 30 hotels with 3,000 luxurious rooms in 30 cities to emerge as the third largest hotel chain in the country, Once we emerge as a national hotel chain, we will explore possibilities of extending our reach to other European and Asian countries.”

The company plans to raise Rs 200 crore through initial public offering (IPO) in January 2010.

“The company will submit the draft offer document to the Securities and Exchange Board of India in a couple of months. Other funds for the expansion plan would be raised from internal accruals, term loans from banks and various financial institutions. Keeping in view the ambitious growth plans of the company Kotak Real Estate Fund has invested Rs 450 million and Primary Real Estate Investments, Mauritius have invested Rs 100 million in the Equity Capital of Pride Hotels Ltd. Jain adds.

The company plans to raise Rs 200 crore through initial public offering(IPO) in January 2010.Other funds for the expansion plan would be raised from internal accruals, term loans from banks and various financial institutions.

The group's Pride Biznotel is moderately priced, upscale, full service, business and leisure hotels to cater to the budget traveller.

“We had occupancy rates close to 70 per cent at all our hotels despite the global economic slowdown,” says Satyen Jain, CEO, Pride Hotels Limited.

Pride Hotels are promoted by the Rs. 2,500 crore SP group of companies engaged in the businesses of hospitality, construction, financial services and software for the hospitality industry.

 

Publication : Go Bangalore – City Guide

Date : September 1, 2009

Page No. : 32

Pride Hotel – Bangalore Launch 28th September 2009

The Pride Hotel, Bangalore is the eleventh hotel in the Pride Hotels group, with 10 hotels across 7 cities already to their name...


Pride Hotel – Bangalore Launch 28th September 2009
Publication : Go Bangalore – City Guide
Date : September 1, 2009
Page No. : 32
 
 
The Pride Hotel – Hospitality with global standards

Banglore's skyline now has a new addition in the form of The Pride Hotel, Bangalore is the eleventh hotel in the Pride Hotels group, with 10 hotels across 7 cities already to their name. The hotel is conveniently located in the heart of the central business district at Richmond Road, a short drive from the city's premier IT parks and business centres, with the sport complex, airport, commercial and shopping centres all within easy access. The hotel has 100 rooms, all well stocked and designed keeping in mind the needs of the business class globe trotter. They also provide services for corporate engagements that include boardrooms with conferencing facilities. They also have four banquet halls, namely 'Crystal', 'Imperial', 'Royal' and 'Senate'. The Pride Hotel has two restaurants, Cafe Treat, a 24-hour coffee shop and Casablanca, a Mediterranean restaurant. The coffee shop, with a capacity for seating 100 people, serves a delectable array of classic Indian and contemporary international cuisine amidst abstract lighting and smart décor. It also has an adjoining open air barbeque apace for special barbeque evenings. Cafe Treat also offers lavish buffets for breakfast and lunch. Casablanca on the other hand is a fine dining restaurant with a capacity for 80 people, the choicest and the most scrumptious in Mediterranean fare and a theme based plush décor that includes a bar. The flavours and seasonings of garlic, oregano, basil and rosemary in Casablanca's fare reflect the warmth of the Mediterranean sun. But their signature dish is shellfish in every form – grilled, stewed and dried, apart from a host of other seafood dishes accompanied by traditional wines. So the next time you are in Banglore, schedule a stay at The Pride Hotel for a global experience par excellence.

Business trips are made easy at Pride Hotel with opulent rooms and great food.

Publication : DNA Money

Date : August 28, 2009

Page No. : 22

Pride Hotel – Bangalore Launch August 2009

Pride Hotels plan to go public in January 2010. The Hotel major is looking to raise Rs.200 cr through an IPO. In talks with PE players to raise a second tranche of Rs.45 crore...


Pride Hotel – Bangalore Launch August 2009
Publication : DNA Money
Date : August 28, 2009
Page No. : 22
 
 
Pride Hotels lines up Rs 800-cr expansion

Hospitality chain plans to bring 30 hotels under its portfolio with an inventory of 3,000 rooms by 2015

Pride Group of Hotels, part of the Rs 2,00-crore war chest bolster its expansion plans. The hospitality chain, which has ten hotels under its portfolio, plans to take the count to 30 with an inventory of 3,000 rooms by 2015. of these, 10 hotels will come up in the five-star luxury segment, 15 business hotels under the Biznotel brand and five will sport the Pride Resorts Label.

Aligning with its expansion plans, the hotel major is exploring a diverse mix of funding options term loans from banks, internal accruals and Pes to raise money. It is in talks with PE players to raise a second tranche of Rs 45 crore from Kotak Real Estate Fund and Rs 10 crore from mauritius-based Primary Real Estate Investments in the first round of fund-raising.

Continuing its trail, the company plans to hit the capital market in January 2010. “Pride Hotels Plans to take the IPO route to raise Rs 200 crore. While another 200 crore will be raised from term loans through banks and other financial institutes. The company has generated Rs 250 crore from internal accruals for the same,” said SP Jain, chairman and managing director of the group.

The hotel major has lined up a slew of launches across all three segments it operates in. the company will invest Rs 250 crore to set up and running by 2010. it will soon be launching another luxury property in Goa costing Rs 55 crore.

The chain also looking to set up two business hotels under the Pride Biznotel brand in Aurangabad and New Delhi. The company has entered into management contracts with Orchid, Sarovar Group, Ibis to manage business hotels.

The hospitality major is scouting for properties in Kerala and Alibaug to expand its resort brand – Pride Resorts. It already has two properties in this category in Mahabaleshwar and Jaipur. The company presently has an inventory of 1,000 rooms. The company has 5 five-star luxury properties in Pune, Nagpur, Ahmedabad, Chennai, including the newly-launched 100 room property in Banglore. The sixth one is coming up in Goa. Its portfolio comprises of three business hotels in Ranipet, Pune and Puducherry.

Publication : Financial Chronicle

Date : September 28, 2009

Page No. : 5

Pride Hotels may go for IPO to raise Rs 200 crore

We plan to tap the capital market in mid 2010 to the tune of rs 175-200 crore. Besides, we are eying PE investments...


Pride Hotels may go for IPO to raise Rs 200 crore
Publication : Financial Chronicle
Date : September 14, 2009
Page No. : 5
 
 
Pride Hotels may go for IPO to raise Rs 200 crore

Hospitality major Pride Group of Hotels is planning an IPO of around Rs 200 crore in the first quarter of FY11, besides, tapping private equity funds to fuel its Rs 800 crore expansion through 2015.

“We plan to tap the capital market in mid 2010 to the tune of rs 175-200 crore. Besides, we are eying PE investments. We have lined up a Rs 800 crore expansion through 2015 by when we should have 30 hotels under our fold,” Pride Hotels' chair man, S P Jain, said.

The group, which has 10 hotels at present, is eyeing PE funding of Rs 45 crore and is in discussions with a few players for the same. Around Rs 250 crore will be generated through internal accruals while the remaining will come through term loans, Jain said.

The company has already obtained PE funding of Rs 55 crore from Kotak Realty Fund and a Mauritius-based fund, he said.

Publication : Free Press Journal

Date : 20th May 2014

Pride Hotels Premium Location, An ultimate retreat


Pride Hotels Premium Location, An ultimate retreat
Publication : Free Press Journal
Date : 20th May 2014
 
 
Pride Hotels Premium Location, An ultimate retreat

Pride Group of Hotels, the winner of the “Best Emerging Five Star Luxury Hotel Chain” at World Travel Brand Awards offers unique environment and acts as a natural catalyst to memorable stay, vacations and events through its primely located hotels in Ahmedabad, Bangalore, Chennai, Kolkata, Pune and Nagpur.

The Pride Hotel Ahmedabad on Judges Bungalow Road primarily blows the trumpet to invite more guests because of the proximity to Ahmedabad International Airport and S.G. Highway. Located amidst the elite business area of Satellite and the most exciting tourist and shopping destination of SG Road, Pride Hotel is exactly in the core area of the city.

The Pride Hotel Bangalore a privilege business hotel offers best of luxury and convenience. It is situated in a quiet neighborhood off Richmond Road which is close to prominent IBM and CISCO IT Parks, high street retail destinations like Life Style, Bangalore Central, Galaxy Mall, and an abundance of entertainment venues. Living in this prime location you can enjoy the security and comfort while visiting Bangalore for work or leisure.

The Pride Hotel, Kolkata is conveniently located in the upcoming New Town area of Kolkata at Rajarhat – a fast growing planned satellite city and IT Hub and within easy access to the Kolkata Airport. The hotel is in the heart of business and tourist destinations like Nicco Park, Salt Lake Stadium and Salt Lake City Centre Mall. With the soon development of the township the population of the area is poised for significant increase.

The Pride Hotel in Nagpur is a premium segment hotel located barely half a kilometer from the airport. The hotel is located strategically between city and the industrial belt buti bori in a lush green pollution free environment. It is barely one kilometer from MIHAN, a biggest economical development project to convert the present airport in to major cargo hub with integrated rail and road connectivity and nearly 6 kilometers from MIDC with various industrial units.

The Pride Hotel in Pune is centrally located at Shivaji Nagar in the heart of Pune. It is in the close proximity to tourist destination like Osho Rajneesh Ashram, high profile areas like Hinjewadi, MIDC IT Park. Its strategic location near to airport makes it an ideal choice for the frequent traveler.

The Pride Hotel Chennai is one of the finest hotels ideally situated in the centre of the city. Its prime location in Kilpauk and outstanding facilities have made it a place where one can spend a quality time. The hotel has a fine connectivity from Chennai International Airport and is among the developing commercial area with lot of businesses locating their offices

The Pride Group has a presence in all most all regions of the country offering world class hospitality standards, combined with excellent ambience and quality service.

For more details – visit pridehotel.com
Pride Hotels set for Mumbai
Publication : Afternoon Voice, Mumbai
Date : September 11, 2009
Page No. : 11
 
 
Pride Hotels set for Mumbai

Pride Hotels has announced the opening of its first property in the commercial capital by setting up a 250 rooms Five Star Deluxe Hotel in Mumbai. The company will invest Rs 200 crore to set up the Mumbai property which will be operational in 2011. despite the recession Pride Hotel Group has showed a growth of 5-7 per cent.

Conveniently located close to the International Airport the Hotel will comprise of 250 rooms each boasting of tastefully adorned décor, luxurious, 24 hours coffee shop and 2 specialty restaurants. The state-of-art conference can cater to an audience ranging from 50-2000 guests. The exclusive feature includes a separately ear marked 'Women's Floor' with attached Spa and Gym. The Hotel across the country. Announcing the developments, S P Jain, managing Director, Pride Hotels Limited says, “Even as the hotel industry worldwide faces the squeeze from the global economic slowdown we continue to embark on a rapid path of expansion. We aim to triple the number of properties from the current 10 within the next five years adding hotels in all three categories of five star, business hotels and resorts thus emerging as the third largest hotel chain in India.”

After the 26/11 attacks, the hotel is also concerned about the safety. The new hotel with have a separate entrance for luggage away from the main entrance with the screening machine, 24 hours video camera watch and a special keygaurd for the lift do the people without the key won't able to use lift.

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