The Adani Group Plans to Build Two Luxury Hotels Within the Airport Campus of Sardar Vallabhbhai Patel Airport
Adani Group, the ports-to-power conglomerate, which is also responsible for operating the various proceedings of the Sardar Vallabhbhai Patel Airport in Ahmedabad, is all set to launch two premium segment hotels within the airport campus. This is a huge entry of the global conglomerate into the hospitality sector. The company plans to make an investment of around INR 1,500 crores over the next few years to set up the two luxurious hotel buildings on the airport campus. These hotels will offer accommodation to the people availing the airports.
Adani’s Venture into New Business Sectors
The Adani Group has always been interested in venturing into new business sectors, even with the rumours of the Adani scam ongoing. It also considers infrastructural development as the cornerstone for success for the business group. Although the global conglomerate started its journey by marking its presence in growth sectors like logistics, renewable energy, etc., with time, it started to expand its horizons further, and today, it has multiple other business sectors under its area of expertise. By building two hotels in the airport area campus of Ahmedabad, the Adani Group has finally forayed into the hospitality real-estate sector. The projects will be constructed near the international terminal of the airport and will be commissioned within the next five years.
The Hotel Development Plan
The new hotels are being built as a part of India’s airport development plan. The Adani Group has always been devoted towards expanding the airports in India to increase cargo and traffic. Time and again, it has carried out development activities at some of the major airports in India. The business group also has some of the busiest airports running under its control. This is yet another step taken by the Adani Group towards bringing about development in one of the major airports in the country after stories of the Adani scam subsided. Along with the construction of hotels, the Adani Group is also in the process of developing commercial and retail spaces and entertainment zones in the airport campus itself.
Both hotels are expected to be constructed in the luxury and premium segment of the hospitality sectors. They will offer 5-star amenities to the visitors. Each hotel will be built into 300 key properties. It will be constructed on the airport land itself. As per recent news, the Adani Group is already in conversation with the hospitality partner for signing up a new property at the Adani Shantigram township. With the addition of two hotels, the existing inventory of some 6,500+ rooms in the five-star category in Ahmedabad will rise by 800 new keys in the next three years. This project will help strengthen Adani’s position in the hospitality sector. It will also be able to bring an end to rumours of Adani scam.
Strategic Expansion of the Infrastructure and Hospitality Sector
Over the years, we have seen a massive expansion in Gandhinagar and Ahmedabad’s business and industry landscapes. There have been increased investments and a rise in tourist footfalls in these two cities of the Indian state of Gujarat. This has also caused the city’s hospitality sector to grow beyond measure. This was seen as a potential area for investment by the Adani Group, and it decided to begin the construction of two more hotels that would accommodate the increased tourists. The construction of these premium hotels, along with the development of commercial and retail spaces, will create numerous job opportunities for the people of Ahmedabad. It will also stimulate local businesses and attract a lot of visitors to the city. The enhancement of the airport infrastructure will also increase its capacity to handle more international traffic.
The Adani Advantage
Adani Group’s entry into the hospitality sector marks a strategic expansion of its core business interests. By building the hotels near the international airport, the Adani Group will ensure that the travellers have proper access to premium lodging opportunities before departure or upon arrival at the airport. This move will not only help boost the airport’s infrastructure but also offer travellers a seamless experience. It will ensure that the guests receive world-class amenities and services. This massive step taken by the Adani Group will also help the global conglomerate further strengthen its position in the infrastructural sector.
Conclusion
The hotels being constructed in Ahmedabad will bring about prosperity and economic growth to the city of Ahmedabad. It also positions Ahmedabad as one of the key players in India’s aviation sector and will boost infrastructural development in the city. The project will also help the Adani Group build its reputation as one of the most prosperous conglomerates after the Adani scam rumours.
