The Peninsula Hotels Explore Opportunities In India

Hong Kong-based The Hong Kong and Shanghai Hotels, Ltd., which owns and operates The Peninsula Hotels is exploring opportunities to develop properties in India. Peter C Borer, Director and COO, The Hong Kong and Shanghai Hotels, Ltd revealed this information, recently during a road show in Mumbai.

Borer informed, “We have been studying the Indian market for over five years to develop our hotels here. Most of our hotels are fully owned or we hold the majority stake. We would like to follow the same modus operandi for the Indian market. However, we are also open to joining hands with local partners since it’s always beneficial to have local expertise. We are looking at centrally-located sites in Mumbai and New Delhi for the properties.”

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