{"id":100743,"date":"2023-04-13T16:05:00","date_gmt":"2023-04-13T10:35:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=100743"},"modified":"2023-04-13T16:00:02","modified_gmt":"2023-04-13T10:30:02","slug":"biz-cial-hotel-tata","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-cial-hotel-tata\/","title":{"rendered":"TATA group company to operate Cochin Airport&#8217;s hotel project with Rs 100 crore investment"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-625956010\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>TATA group&#8217;s Indian Hotels Company Limited (IHCL), which owns the luxury hotel brand &#8216;Taj&#8217;, will operate Cochin International Airport Limited&#8217;s (CIAL) five-star hotel at the airport premises with an estimated investment of Rs 100 crore, a release said here on Thursday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2995138987\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>CIAL constructed the hotel, which is ideally located near the airport entrance, as part of its land utilisation programme and also to provide the passengers with hospitality services at par with international standards. Taj CIAL at Cochin Airport is expected to be launched by middle of 2024.<\/p><p>The airport said it has awarded the contract to IHCL with Rs 100 crore expected to be invested by the company for standardisation of its interiors in accordance with the Tata brand&#8217;s grade.<\/p><p>CIAL has completed the civil, mechanical, electrical, and plumbing works of the hotel and it will be handed over to IHCL soon for the development of the interiors.<\/p><div class=\"trade-content_5\" id=\"trade-733699777\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per the contract, IHCL will share a percentage of the gross revenue generated from its operation with CIAL.<\/p><p>Commenting on the partnership, CIAL Managing Director S Suhas said its collaboration with IHCL will give a fillip to the airport operator&#8217;s development plan that envisages integration of aviation with the tourism and hospitality sectors.<\/p><p>&#8220;We are looking forward to this association. As the Taj Group is one of the renowned luxury hotel operators in the world, we hope that this collaboration will spur our plan to increase the revenue from non-aero verticals. CIAL is eyeing exponential growth in air traffic movement with the introduction of the new fleet of aircraft by Tata-owned Air India.&#8221; CIAL is hoping that this agreement will enhance the scope for a more meaningful association with one of the biggest airlines in the world, Suhas added.<\/p><p>He attributed the success of CIAL&#8217;s ambitious hotel project&#8217;s bidding process to the guidance given by Kerala Chief Minister Pinarayi Vijayan, who is also the chairman of CIAL and its Board of Directors.<\/p><p>The Taj Group informed that the project would become one of the most luxurious properties in Kerala.<\/p><p>Presently, they have almost 20 properties operating and upcoming in Kerala and this project is going to be 5th in Kochi, and the third largest.<\/p><div class=\"trade-content-10\" id=\"trade-3515882994\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>CIAL&#8217;s star hotel project is going to be a 112-room five-star hotel spreading across four acres of land very next to the airport entrance, occupying a building footprint of 2.04 lakh sq ft.<\/p><p>The hotel is located opposite Cochin International Airport and boasts an uninterrupted view of the airport on one side and the mountains on the other.<\/p><p>CIAL, which commissioned its ultra-luxurious business jet terminal in December 2022 owns an 18-hole golf course, a convention centre and plans to scale up its portfolios in the hospitality sector by adding more non-aero projects including a commercial zone. PTI TGB HDA<\/p><div class=\"trade-after-content\" id=\"trade-3159877378\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>TATA group&#8217;s Indian Hotels Company Limited (IHCL), which owns the luxury hotel brand &#8216;Taj&#8217;, will operate Cochin International Airport Limited&#8217;s (CIAL) five-star hotel at the airport premises with an estimated investment of Rs 100 crore, a release said here on Thursday. CIAL constructed the hotel, which is ideally located near the airport entrance, as part [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":20322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-100743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TATA group company to operate Cochin Airport&#039;s hotel project with Rs 100 crore investment - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"TATA group&#039;s Indian Hotels Company Limited (IHCL), which owns the luxury hotel brand &#039;Taj&#039;, will operate Cochin International Airport Limited&#039;s (CIAL) five-star hotel at the airport premises with an estimated investment of Rs 100 crore, a release said here on Thursday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-cial-hotel-tata\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TATA group company to operate Cochin Airport&#039;s hotel project with Rs 100 crore investment\" \/>\n<meta property=\"og:description\" content=\"TATA group&#039;s Indian Hotels Company Limited (IHCL), which owns the luxury hotel brand &#039;Taj&#039;, will operate Cochin International Airport Limited&#039;s (CIAL) five-star hotel at the airport premises with an estimated investment of Rs 100 crore, a release said here on Thursday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/biz-cial-hotel-tata\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-13T10:35:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indian-Hotels-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indian-Hotels-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-cial-hotel-tata\/\",\"url\":\"https:\/\/tradebrains.in\/features\/biz-cial-hotel-tata\/\",\"name\":\"TATA group company to operate Cochin Airport's hotel project with Rs 100 crore investment - 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