United World Infrastructure Launches a Game-changing Leased Hotel Business In India
Dubai, UAE, 29 Mar 2016: United World Infrastructure (UWI), a global infrastructure investment and development company, is launching a mid-market leased hotel business in India, in partnership with Arjun Baljee, of Peppermint & Royal Orchid legacy. The project aims at leasing existing mid-market hotels from independent property-owners and investing in improving aesthetics and facilities to create a standardised hospitality experience for its guests.
Imran Markar, Principal, who leads strategic relationships with institutional investors, government-linked agencies, and financial institutions for UWI says “the initiative will not only provide hotel owners with an ideal opportunity to manage operational risks but additionally, it contributes to economic freedom in the form of assured and stable monthly lease income”.
UWI has partnered with Arjun Baljee, a prominent hospitality industry entrepreneur with a track record of owning and managing hotels across India. Baljee says “we changed the way budget hospitality was perceived with Peppermint, and are now going to create a tech-first, mobile-first hotel brand that caters to the new millennial. We are already in talks with a number of hotel owners whose properties meet our stringent criterion of location, revenue potential, and hotel quality”.
The business model is built on a game changing technological platform that when combined with capital improvements and new methods of service and operational delivery will uplift the standards of the current mid-market hotels. The nee brand will be launched shortly with a rapid roll out across the country, with a minimum of 10 hotels & resorts to be opened in the first 6 months of brand launch.
With the signups for leased hotels in progress, Baljee says “we are aggregating hotels that are “like minded” to ensure that our guests have an unparalleled experience at a value price. With our deep global relationships, we have the ability to tap into fundamentally strong demand to enable the brands success for our hotel partners”.
Operating globally, United World Infrastructure (UWI) invests in the acquisition, development, and management of real-estate and infrastructure assets to stimulate economic growth, technology transfer, and foreign direct investment. Committed to people-centric communities, UWI transforms underdeveloped land into real-estate assets that attract development catalysts such as theme parks, hospitals, and schools. Its infrastructure assets for new cities include: road networks, water and drainage systems, sewage systems, electricity, telecom networks, and systems for renewable energy and recycling to ensure environmental sustainability. UWI’s financial products, including yield-driven development models and infrastructure and commercial concessions, optimize returns to project investors.
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