Having established for itself a stellar reputation in the field of premium residential projects, Central Park has now embarked upon its emergence in the hospitality domain. Consistent with our goal of extending our expertise to other spheres of real estate development, we have developed a 2 pronged strategy for the hospitality segment: launching upscale serviced apartments and a luxury hotel in Gurgaon, with others planned across the country.
Serviced Apartments
Using our forte in creating living spaces, Central Park is now embarking upon launching serviced apartments. With corporate travel growing rapidly, and hotel room supply unable to keep pace with it, the market for serviced apartments is experiencing significant growth in India. It's a brand new business vertical for Central Park under which we will offer sleek, stylish and contemporary accommodation to frequent business travelers, whether their stay be for a night, a week, a month, or even longer. A wide range of options will be made available in the NCR region: from studio apartments to one, two and three bedroom apartments and penthouses.
Central Park has entered a partnership with Oakwood Worldwide, a 50-year-old US-based company with regional headquarters in Singapore, and a leading provider of temporary furnished and serviced apartments across the globe. The management of services at Central Park's chain of serviced apartments for short and long term stays will be managed by Oakwood or other similar global hospitality partners.
Hotels
Central Park is well on its way to becoming a name to contend within the hospitality sector. Its first hotel is located on MG Road at the Delhi-Gurgaon border. Apart from 180 double rooms, 118 twin rooms and eight suites, the hotel will also provide rooms for the physically challenged. Other facilities and leisure oriented activities associated with five-star hotels will form an integral part of the hospitality offered at this hotel. Some of these include a coffee shop, specialty restaurants, bars, swimming pools, a sauna & jacuzzi, a fitness room, as well as meeting rooms for seminars and conferences.
For the hotel projects, Central Park has partnered with Accor, a European hospitality leader that operates in nearly 100 countries, with a total of 4,000 hotels worldwide. This hotel will operate under Accor's brand Pullman, so that the Pullman- Central Park Hotel will offer truly distinctive, world class hospitality.