Tag Archives: Resorts in Kodagu

Ayatana Hospitality Triumphs at the World Travel Awards 2024 with Double Wins

Amazing Feats, Business & Economy, Travel, Tourism & Homestays (wef. Oct 03rd, 2021), World Opinion, , , , , , , , , , , , ,

Ayatana Hospitality has been honored at the World Travel Awards 2024, with Ayatana Coorg and Ayatana Ooty recognized as leading resorts in Karnataka and Tamil Nadu.

Manila:

Ayatana Hospitality, a premier luxury hospitality brand, has been recognized for excellence in hospitality at the World Travel Awards (WTA) 2024. The awards ceremony held at the City of Dreams in Manila, honoured Ayatana Coorg as Karnataka’s Leading Resort and Ayatana Ooty as Tamil Nadu’s Leading Resort, underscoring the brand’s commitment to delivering exceptional guest experiences.

The World Travel Awards recognises excellence across all key sectors of travel, tourism, and hospitality. As part of the global annual initiative, World Travel Awards covers the entire globe with its Grand Tour which is a series of regional activities to recognise excellence within each continent. 

Commenting on the recognition, Vishal Tony, Founder and MD, Ayatana Hospitality said, “We are incredibly honoured to receive the prestigious awards at the World Travel Awards 2024. We were listed among the best resorts, with public voting determining the winner.”

“At Ayatana, our vision is to rediscover the hospitality landscape across the country by launching resorts in historically & ecologically diverse locations. We are constantly working with our service team to improve our services offered to our guests and ensure the experiences they take back home would keep them wanting for more. I want to express my gratitude to our guests and our hardworking team for making this achievement a reality.” he added.

Ayatana Coorg is a luxury resort situated in the serene landscapes of Coorg. Surrounded by lush greenery and captivating views, the property provides a tranquil escape with its luxurious accommodations, top-notch amenities, and unmatched hospitality. The resort offers a perfect blend of nature and luxury, making it an ideal destination for an unforgettable holiday experience.

Ayatana Ooty, located in the Nilgiris Hills in the midst of tea plantations of Ooty is a tranquil resort meticulously designed to ensure ultimate comfort while offering an immersive experience in the heart of nature, surrounded by lush green forests and picturesque mountains. It boasts luxurious accommodations with well-appointed villas offering breathtaking views of the valley. 

About Ayatana Hospitality

Established in 2017, Ayatana Hospitalities is a distinguished full-service Hospitality Chain celebrated for its bespoke luxury resorts and hotels. Operating under the umbrella of Aratt, its parent company with a rich legacy tracing back to the early 2000s in the real estate and architecture industry, Ayatana inherits a tradition of excellence.

source: http://www.hospibuz.com / Hospibuz.com / Home> Hotels Hot Topics> Hotel / by Hospibuz / September 10th, 2024

Ferns Estates and Developers setting up resorts in Coorg, Chikballapur

Business & Economy, Records, All, Travel, Tourism & Homestays (wef. Oct 03rd, 2021), , , , ,

To expand existing resort in Sakleshpur.

Errol Fernandes, CMD, Ferns Estates and Developers

Bengaluru-based real estate company, Ferns Estates and Developers, which has entered the luxury hospitality business, is establishing properties that are close to nature and easy to reach.

The company estimates revenue of Rs 363 crore in five years from the hospitality segment alone, according to Errol Fernandes, CMD, Ferns Estates and Developers.

“We started our first resort in 2021 in Sakleshpur – a luxury property spread over 100 acres, with an investment of Rs 160 crore. At present, there are 126 keys and we plan to expand the resort by adding another 76 keys. The estimated investment for this expansion is around Rs 50 crore,” said Fernandes.

Going forward, two more resorts are being set up in Coorg, which is spread over 25 acres of coffee plantation, with an investment of Rs 60 crore, and another in Chikballapur, spread over 7 acres. “The best part is that all these locations are within a day’s drive from Bengaluru, which was one of the goals in establishing them,” he added.

The company is also acquiring a resort in Goa. “In Goa, we have acquired a 100-key property for Rs 150 crore. It is on the verge of being completed. We should be able to start operations in September 2023,” Fernandes said. The property would be funded with debt to the tune of about Rs 100 crore, and Rs 50 crore from internal accruals.

Real Estate

The company, which has been in the real estate business for the last 34 years, has built gated communities, apartments, and office spaces in Bengaluru.

“For our real estate arm, we don’t intend to venture outside Karnataka; however, we plan on going to tier-two cities such as Mysore, Mangaluru, and Hubli Dharwad. Initially, we plan to set up gated communities and then get into apartments later. As of now, we are scouting for land. We are developing another vertical called branded plots in Sakleshpur,” said Fernandes.

In the case of gated communities, it expects to grow by 20 per cent every year, and typically do around 5 lakh sq feet of sales annually. Similarly, it sells around one lakh of sq feet of apartment space annually and expects to grow by 20 per cent, said the CMD.

Ferns Estates and Developers expects to end FY23 with a revenue turnover of Rs 185 crore, of which Rs 40 crore would come from its hospitality arm.

source: http://www.thehindubusinessline.com / The Hindu Business Line / Home> News / by Isha Rautella / January 06th, 2023