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By Author
Published on June 28, 2023
NOESIS, the leading hotel investment and consulting firm in India, has achieved remarkable success by facilitating brand tie-ups for 904 hotel keys across 10 hotels in the Mumbai Metropolitan Region Development Authority (MMRDA) area.
Through its expertise, NOESIS has provided comprehensive services like feasibility reports, valuation studies, brand search, and fundraising to these hotels. Lemon Tree Premier Malad West and Bloom Saki Vihar, Andheri East, have emerged as the frontrunners in forming alliances with renowned brands, with each hotel securing agreements for 120 rooms.
NOESIS' successful efforts have led to alliances between renowned brands and the following hotels:
Lemon Tree Premier Malad West – 120 rooms
Bloom Saki Vihar, Andheri East – 120 rooms
Bloom Suites at Western Express Highway, near the domestic airport – 104 rooms
Ginger, an IHCL Brand, Goregaon East – 102 rooms
The Fern Resort, Badlapur – 100 rooms
The Fern, Palghar – 81 rooms
Adiva Beacon (Fern), Grant Road, South Mumbai – 80 rooms
Beacon (Fern) Navi Mumbai – 69 rooms
Regenta Juhu – 68 rooms
Bloom Boutique Bandra West – 60 rooms
Additionally, NOESIS is currently engaged in 12 ongoing and upcoming hotel projects in the MMR region. The firm offers essential services such as fundraising, operator/brand selection, and feasibility studies for these projects. With infrastructure developments improving connectivity, investors are increasingly attracted to hotel investments in the suburbs and outskirts where land costs remain manageable.
Nandivardhan Jain, Founder & CEO of NOESIS, expressed pride in the firm's accomplishments and the growth in branded room supply. He credited the expertise and commitment of the NOESIS team and envisioned 100% growth in the next five years.
With offices in Mumbai, Gurugram, and Bangalore, NOESIS provides comprehensive coverage and support to its clients, with over 2,100 completed assignments to date.
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