Hampshire Hotels Management and its partner Castlewood Group will together set up 20 new luxury hotels in Asia over the next 10 years at an estimated investment of $2.5 billion, reports The Economic Times.
This partnership will open the first Dream Hotels property at Phuket in Thailand in January. The partnership is planning three lifestyle luxury hotels in India.
Commenting on plans for expanding in India, Hampshire Hotels’s owner Sant Chatwal said: “We are looking at one property each in Goa and Mumbai, and possibly a third one in Jaipur where we already own the land. All will be under the Dream Hotels brand.”