MUMBAI, MARCH 30, 2021: Indian Hotels Company (IHCL), South Asia’s largest hospitality company, today announced the signing of a Vivanta resort in Hampi, Karnataka. Hampi is a UNESCO World Heritage site. This resort is a management contract with Dhruvdesh Ventures.
Commenting on the signing, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL
said, “IHCL has been a pioneer in developing new destinations and putting them on the global tourist map. With Vivanta Hampi, IHCL will create new circuits with Goa and Bangalore for both domestic and international travellers. We are delighted to partner with Dhruvdesh Ventures.”
Vivanta Hampi, an 80-room resort is strategically located a short drive from the world-renowned UNESCO World Heritage Site. Spread over 11 acres, the resort’s design is inspired from the local ethos and history of Hampi. Open spaces imaginatively interspersed with water bodies will create an oasis in the rocky terrain. The hotel will also have a multi-cuisine restaurant, a bar, recreational facilities including a pool and spa, meeting rooms and a banquet hall for social and business gatherings. It is a Greenfield project.
Mr. Prasad R. Deshpande, Chief Promoter, Dhruvdesh Ventures, said, “We are delighted to partner with IHCL for Vivanta Hampi. It is our first venture in the hospitality sector, and we are very excited. We believe that the company will enhance the tourism potential of this region.”
Hampi is situated on the banks of the Tungabhadra River in the state of Karnataka. The UNESCO World Heritage site has over 1600 archaeological and religious monuments dating from the 14th Century Vijayanagara Empire. It continues to be an important religious centre.
With the addition of this hotel, IHCL will have 17 hotels in Karnataka including four under development.
About Dhruvdesh Ventures
Dhruvdesh is incorporated by 1st generation entrepreneur Mr. Prasad R. Deshpande in 2001. The diversified business group is built on core values of high-quality standards and people power. The business interests are in sponge Iron & co-generation of power (steel), Dealership of Toyota for Bangalore (Viva Toyota), Dealership for North Karnataka (Shodha Toyota), Dealership of Honda 2 wheelers for Bangalore (Dhruvdesh Honda). The group is also involved in CSR activities through its family trust, Sri V.R. Deshpande memorial Trust, Haliyal (Uttar Kannada) District in the fields of Skill Development (Canara Bank Deshpande rural self-employment Training Institute), Entrepreneurship Development, Women Empowerment, rural development through water preservation and conservation activities.
About The Indian Hotels Company Limited (IHCL)
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the hallmark of iconic hospitality and India’s Strongest Brand as per Brand Finance India 100 2020 report, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 216 hotels including 51 under development globally across 4 continents, 12 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is South Asia’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.
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