Taj
Leisure blueprint aims at 20% growth this
fiscal
Financial
Express — February 27, 2004
New
Delhi: Buoyed by the group’s good performance
on the stock market, the Taj Leisure Hotels
has set itself an ambitious target. In sync with
the overall growth plans, the Rs 200-crore
division of the Taj group of hotels, has chalked
out a blueprint for 20 per cent growth this
fiscal year - targeting, for a change, not foreign
tourists, but domestic travellers.
However, expansion and acquisition are not on
the cards.
As Jamshed Daboo, COO, Taj Leisure Hotels, says,
“We are not thinking of expansion, at least not
in the near future. Our aim is to get better yield
to notch up a 15-20 per cent growth. We have
been consciously targeting the domestic segment
for the last couple of years as domestic
travellers now have the propensity to spend high
and the eagerness to holiday more often.”
The focus would be to widen the client base. The
group plans to woo the upper-end family segment,
those who are value conscious rather than price
conscious.
The idea, according to Mr Daboo, is to move away
from just being an isolated hotel at any
destination to offering a holistic holiday experience.
“We have upgraded most of our properties to incorporate
the local flavour in the design and interior
and tied up with locals to give a taste of the
local ethos. The focus is on providing outdoor
excitements, cultural experience and a rejuvenation
experience (as almost all leisure properties
have a spa) coupled with an exclusive dining experience,”
he said.
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