The Residency Group of Hotels

The Residency Group of Hotels is a hotel chain in southern India. The groups parent company is the Chennai-based Rishi Real Estates, which was founded in 1960. The group currently operates six hotels in five locations with a total of 520 rooms. The Residency Group of Hotels currently comprises six properties in Chennai, Coimbatore, Bangalore, Pondicherry and Karur. The hotels are strategically priced and cater to the needs of the business traveler. Each hotel is centrally located. The distinguishing factor of the chain is its food and beverage operations, and its restaurants are popular in the respective cities.

The Residency Towers is a 5 star luxury deluxe hotel in Chennai, The Residency Chennai is a business hotel, The Residency Towers Coimbatore is a 5 star luxury deluxe hotel in Coimbatore, The Richmond Bangalore is a boutique hotel, The Residency Karur is a business hotel, The Richmond Pondicherry, is a boutique hotel located in the French town close to the Ashram and beach.

Expansion

The group plans to foray into more tier 1 and 2 cities as the economic growth of the nation is demanding so. This will be through management tie-ups and by direct ownership.

gollark: It's possible that I don't really like informal social/status-game-y methods of distributing things because I'm not very good at them and find them unpleasant. But I still don't really like them.
gollark: * worse
gollark: I see. I'm not sure if this is better or wose.
gollark: So they give land to people they deem "cool" somehow, you mean, instead of just listing it generally with low prices?
gollark: "Give nearby people free food" generally scales better, I think, since it's cheaper than land in a lot of places.

References


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