Leisure hospitality Company Sterling Holiday Resorts is renovating its 17 existing resorts and plans to add 5 more properties over the next 6 months.
According to Mr. Ramesh Ramanathan , MD, Sterling Holidays, “We are spending nearly Rs 150 crore for renovating our 17 resorts, which will be completed in next 2 years time. We are also planning to add 5 new resorts in the next 6 months on a lease basis''
With close to 57,000 members, Sterling Holidays is also exploring overseas destinations.
Mr. Ramesh Ramanathan also said, “We are looking at opportunities in Dubai, Malaysia, Sri Lanka and Thailand, which might be on lease basis or leased on limited inventory basis. We are looking for new destinations. In addition to the hill stations we are also looking at unexplored beach destinations as globally beach tourism is very popular and it is catching up with the domestic tourists as well.
Sterling Holidays opened 2 new resorts in Karwar and Goa this week as part of its aggressive expansion strategy, which has seen the opening of 3 new holiday resorts in just 6 weeks - Woods-n-Spice in Thekkady in Kerala (opened in September), Emerald Bay in Karwar in Karnataka and Villagio Inn in Goa.
After this expansion, the company will look at developing greenfield projects.
About Sterling Holiday..!
Sterling Holiday Resorts (India) Limited [STERLINH] is a pioneer in Vacation Ownership and a leading Leisure Hospitality company in India. Sterling Holidays was incorporated in 1986 with the vision of delivering Great Holiday experiences to Indian Families.
To achieve this vision, the company pioneered Vacation Ownership in India and set about building a network of leisure resorts at some of the best holiday destinations in India. Currently, Sterling Holidays has a total inventory of 1308 rooms spread across a network of 10 owned and 6 leased resorts in 14 scenic holiday destinations in India. The company also has 13 additional sites where it plans to add new resorts in the coming years.
All resorts in the Sterling Holidays network also have specially designed hotel blocks for the comfort and convenience of guests who prefer to vacation as a one-time hotel guest.
With experience spanning over 25 years and expertise that successfully manages 16 resorts across India, Sterling Holidays now plans to expand the Leisure Hospitality industry in India and to set new benchmarks in the Vacation Ownership and Leisure Hospitality space.
Sterling Holiday Resorts (India) LimitedCorporate Office:
Citi Tower, No.7, 3rd Cross Street,
Kasturba nagar,
Adyar, Chennai 600020
(Landmark – Nalli Silks, Adyar)
Board line : 044-33573300 / 044-33553300
Email : holidays@sterlingresort.co.in
According to Mr. Ramesh Ramanathan , MD, Sterling Holidays, “We are spending nearly Rs 150 crore for renovating our 17 resorts, which will be completed in next 2 years time. We are also planning to add 5 new resorts in the next 6 months on a lease basis''
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| Mr. Ramesh Ramanathan , MD, Sterling Holidays |
With close to 57,000 members, Sterling Holidays is also exploring overseas destinations.
Mr. Ramesh Ramanathan also said, “We are looking at opportunities in Dubai, Malaysia, Sri Lanka and Thailand, which might be on lease basis or leased on limited inventory basis. We are looking for new destinations. In addition to the hill stations we are also looking at unexplored beach destinations as globally beach tourism is very popular and it is catching up with the domestic tourists as well.
Sterling Holidays opened 2 new resorts in Karwar and Goa this week as part of its aggressive expansion strategy, which has seen the opening of 3 new holiday resorts in just 6 weeks - Woods-n-Spice in Thekkady in Kerala (opened in September), Emerald Bay in Karwar in Karnataka and Villagio Inn in Goa.
After this expansion, the company will look at developing greenfield projects.
About Sterling Holiday..!
Sterling Holiday Resorts (India) Limited [STERLINH] is a pioneer in Vacation Ownership and a leading Leisure Hospitality company in India. Sterling Holidays was incorporated in 1986 with the vision of delivering Great Holiday experiences to Indian Families.
To achieve this vision, the company pioneered Vacation Ownership in India and set about building a network of leisure resorts at some of the best holiday destinations in India. Currently, Sterling Holidays has a total inventory of 1308 rooms spread across a network of 10 owned and 6 leased resorts in 14 scenic holiday destinations in India. The company also has 13 additional sites where it plans to add new resorts in the coming years.
All resorts in the Sterling Holidays network also have specially designed hotel blocks for the comfort and convenience of guests who prefer to vacation as a one-time hotel guest.
With experience spanning over 25 years and expertise that successfully manages 16 resorts across India, Sterling Holidays now plans to expand the Leisure Hospitality industry in India and to set new benchmarks in the Vacation Ownership and Leisure Hospitality space.
Sterling Holiday Resorts (India) LimitedCorporate Office:
Citi Tower, No.7, 3rd Cross Street,
Kasturba nagar,
Adyar, Chennai 600020
(Landmark – Nalli Silks, Adyar)
Board line : 044-33573300 / 044-33553300
Email : holidays@sterlingresort.co.in
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