MGM Grand comes to India
Las Vegas-based hotel-casino MGM Grand has firmed up plans to check into the hospitality district near the international airport in Delhi. This will be MGM’s first destination in India, and it expects to be ready by early 2014. There won’t be any casino here, though.
MGM Grand, with its characteristic lion at the entrance, is one of the prominent structures on The Strip, referred to a long stretch in Vegas lined with hotels and casinos on both sides.
The MGM Grand and Skylofts in New Delhi will be part of a dynamic multiple-hotel development in the national capital, MGM (hospitality) vice-president of development-India Rishi Kapoor told Business Standard. “Groundbreaking on the project is scheduled for this month and MGM Grand New Delhi is expected to welcome its first guests in early 2014,” he said.
The MGM Grand will offer a variety of accommodations and the full-range of luxury services, according to Kapoor. “The new hotel will feature approximately 480 MGM Grand guest rooms, along with a number of exclusive Skylofts brand suites and serviced apartments,” he said.
MGM Hospitality has tied up with Silver Resort Hotel India Private Limited (a company promoted by Blue Coast Hotels Limited) for the Delhi project. MGM Hospitality will provide design assistance and operate the hotel under the brand of MGM Grand.
On the future plans of the group, Kapoor said, “The hospitality market in India was one of the most dynamic in the world”, and that MGM Hospitality was “engaged in advanced negotiations and discussions for numerous other projects in key locations in the country, including Mumbai, the NCR, Bangalore, Hyderabad, Goa and Jaipur”. It is learnt that MGM Grand was planning a premium hotel with Reliance Industries Ltd and Maker Group in BKC Mumbai. RIL has a big plot in BKC for a hotel and convention centre project.
According to the DIAL spokesperson, the hospitality district near the Delhi airport would be part of an area of 45 acres. “The entire 45 acres has been leased out, which is for an initial period of 27 years, and can be extended in line with the terms and conditions provided in the concession agreement,” he said.
The other hotels that are expected to come up at the district include JW Marriott, Hyatt Andaz and Hyatt Place, Dusit D2, Pride Hotel, Pullman, Red Fox, Lemon Tree, Ibis, Holiday Inn and Novotel. Most of these will open their doors by 2012 and are expected to create over 3,100 rooms across different pricing and categories. “According to the agreement with the developers, the developers’ hotels will have to be ready by 2015,” the DIAL spokesperson said.