Target Information

The Indian Hotels Company Limited (IHCL), a leading hospitality company in South Asia, has announced its second hotel in Odisha with the signing of a management contract for the Vivanta hotel in Bhubaneswar. This initiative follows their strategic plan to expand aggressively within key markets. Vivanta Bhubaneswar is set to be located at Patrapada in Kalinga Nagar, integrated within the DN Regalia Mall, which is a mixed-use development featuring a variety of amenities.

This new hotel will comprise 137 well-furnished guest rooms along with modern features such as multi-cuisine restaurants, recreational facilities, and comprehensive meeting and banqueting spaces. The establishment is expected to open its doors in early 2020, catering to the growing demand from both business and leisure travelers in the region.

Industry Overview

Odisha's hospitality sector is witnessing significant growth owing to increased economic activity and tourism. Bhubaneswar, the capital city, is recognized as an emerging hub for information technology and education. The city's development as a commercial center presents vast opportunities for the hospitality industry, which has been seeking to support both business and leisure travel.

The city's rich cultural heritage is complemented by its status as a planned modern city, making it a desirable destination for domestic and international visitors. As part of the

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