Shangri-La Hotels and Resorts signs New Hotel in Mumbai

Shangri-La Hotels and Resorts has signed an agreement with Pallazzio Hotel and Leisure (a wholly owned subsidiary of Phoenix Mills Limited) to manage the Shangri-La Hotel, Mumbai, opening the end of 2009. The hotel will be Shangri-La’s fifth property in India following the Shangri-La Hotel, New Delhi, which opened in September 2005; and the Shangri-La Hotel, Bangalore; Palm Retreat Shangri-La, Bangalore; and the Traders Hotel, Bangalore, all opening in 2009.

Designed by Mumbai-based Mr. Shekhar Patki, the 400-room hotel will be situated in the High Street Phoenix retail and office mixed-use development, located in the heart of the city within the residential and corporate hub of Lower Parel. The property is situated 13 kilometres from the airport and is strategically located between Mumbai’s two main business districts - the Central Business District of Nariman Point and Bandra-Kurla.

A majority of the guestrooms, which will be the largest in Mumbai, will overlook Mumbai Racecourse and the sea beyond.

A variety of dining options will be available, including multiple speciality restaurants, an all-day café and a bar. Additional facilities will include a health club, spa, swimming pool, business centre, ballroom, conference and meeting room facilities.

”We are delighted to get this project underway as it marks the beginning of a long and close relationship that we wish to share with Shangri- La,” said Shishir Shrivastava, director of Pallazzio Hotel and Leisure Limited and CEO of Phoenix Mills Limited’s hospitality division. “We selected Shangri- La to manage this prestigious property due to its sterling reputation for delivering a premium luxury hospitality experience. It also marks our foray into the hospitality industry, where we plan to extend our presence to operating multiple world-class luxury properties in the coming years. The long-term opportunity in this sector is immense and we are confident of creating best-in-class properties with the right partners by our side.”

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