Greenwood Hotels And Resorts Group Invests INR 500 Crore in Northeast Hospitality Expansion

Greenwood Hotels And Resorts Group Invests INR 500 Crore in Northeast Hospitality Expansion

By Author

Published on September 3, 2023

In a significant move, Greenwood Hotels and Resorts Group has unveiled its ambitious plan to invest a whopping INR 500 crore in the next decade. The focus of this substantial investment? Upscale hospitality ventures across the Northeastern region of India.

Leading the way is 'The Greenwood Guwahati,' the group's latest premium property catering to the business segment, backed by an infusion of INR 100 crore. Himanshu Kalita, Managing Director of The Greenwood Group, points out that while Guwahati serves as a gateway to Northeast India and a bustling trade hub, it lacks internationally benchmarked hospitality options tailored to business and trade needs. 'The Greenwood Guwahati' aims to bridge this gap.

This newly inaugurated property boasts 48 luxurious rooms and state-of-the-art amenities including meeting facilities, a gymnasium, spa, and a swimming pool. Its role in enhancing the hospitality infrastructure of the region and boosting the economic advancement of Northeastern India is undeniable.

With expansion in mind, Greenwood Hotels and Resorts Group plans to establish a series of new properties across the region. The group envisions broadening its presence across all eight states of Northeast India, demonstrating their commitment to this expansion strategy with a planned investment of ₹500 crore over the next decade.

While specific details about the total number of hotels and their exact locations remain undisclosed, it's worth noting that The Greenwood Group currently operates two existing properties—The Greenwood Resort, Guwahati, providing a leisure and resort experience, and The Greenwood, Tezpur, a boutique hotel.

Bringing a decade of experience within the hospitality industry since its inception in 2013, The Greenwood Group aims to harness evolving opportunities to attract entrepreneurs, investors, and industry leaders, both nationally and globally.

This strategic investment underscores the group's dedication to enhancing hospitality offerings and contributing to the Northeastern region's economic growth.


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