today signed a management contract for a 250-unit Hilton Residences in Bangalore at the Embassy Golf Links Business Park.
The Hilton Residences Bangalore, which offers one, two and three bedroom units, will be the only five-star serviced apartment hotel in the city of Bangalore and the only accommodation available within the 55-acre Business Park. The property is surrounded by five million square foot of commercial space and overlooks a golf course.
Mr Koos Klein, President of Hilton Middle East & Asia Pacific, said, “In all my travels, I have never seen such an impressive Business Park. Already, blue chip tenants like Fidelity, Goldman Sachs, IBM, Microsoft and Daimler Chrysler have signed up for office space that will accommodate up to 50,000 employees by December this year. It is our hope that Hilton Residences will become a short and mid term home for the world’s top engineers, software specialists and business people especially from the USA, UK and continental Europe.”
The Embassy Group, based in Bangalore and led by dynamic CEO, Mr Jitu Virwani has 30 landmark developments covering 10 million square feet to its name. Mr Virwani, commented, “We are extremely proud to have our Serviced Apartment associated with the Hilton Group. Given the high profile of the Business Park and the five-star property standards of the Residences, Hilton was a natural choice. We hope that this is the beginning of a long relationship as Embassy continues to explore other projects within the hospitality field.”
The Hilton Residences Bangalore, which is due for completion in 2007, will feature 250 apartments ranging from 54 square metres to 180 square metres. It will have four restaurants and bars as well as full health and fitness facilities including a swimming pool, squash and tennis courts and a health club and spa. For the meeting professionals, the hotel will offer a business centre, six meeting rooms with a capacity for 30 delegates and two luxury boardrooms suitable for prestigious senior meetings for up to 20 participants.Ê
The property is 10 minutes drive from the existing airport and 3.5 kilometres from the central business district.
Bangalore accounts for 20 percent of India’s total electronics production and 32 percent of its software exports. It is reputed to be home to over 925 software companies employing more than 80,000 IT professionals. The India airports authority reported a 75 percent increase in tourist arrivals to Bangalore in 2003.
Hilton Residences offer the full suite of hotel services such as daily housekeeping and all-day dining in addition to amenities such as full-service kitchens and laundry facilities.