Updated: February 2008
Shangri-La Hotels and Resorts, Asia Pacific's leading luxury hotel group, has signed an agreement with Pallazzio Hotel and Leisure Limited (a wholly owned subsidiary of Phoenix Mills Limited) to manage the Shangri-La Hotel, Mumbai, opening 2010. The hotel will be Shangri-La's fifth property in India following Shangri-La Hotel, New Delhi, which opened in September 2005; and the Shangri-La Hotel, Bangalore; Palm Retreat Shangri-La, Bangalore; and Traders Hotel, Bangalore, all opening 2010.
Designed by Mumbai-based Mr. Shekhar Patki, the 400-room hotel will be situated in the High Street Phoenix retail and office mixed-use development, located in the heart of the city within the residential and corporate hub of Lower Parel. The property is situated 13 kilometres from the airport and is strategically located between Mumbai’s two main business districts -- the Central Business District of Nariman Point and Bandra-Kurla.
Guests will arrive at a top floor “sky lobby” offering panoramic views. A majority of the guestrooms, which will be the largest in Mumbai, will overlook Mumbai Racecourse and the Arabian Sea beyond.
A variety of dining options will be available, including multiple speciality restaurants, an all-day café and a bar. Additional facilities will include a health club, spa, swimming pool, business centre, ballroom, conference and meeting room facilities.
“We are delighted to work with Pallazzio Hotel and Leisure Limited to introduce Shangri-La’s distinctive hospitality to Mumbai, which we are certain will position this hotel as a market leader,” said Giovanni Angelini, chief executive officer and managing director of Shangri-La Hotels and Resorts. “India offers tremendous potential and the opening of Shangri-La Hotel, Mumbai is a key strategic move in expanding our presence in the subcontinent.”
”We are delighted to get this project underway as it marks the beginning of a long and close relationship that we wish to share with Shangri- La,” said Shishir Shrivastava, director of Pallazzio Hotel and Leisure Limited and CEO of Phoenix Mills Limited’s hospitality division. “We selected Shangri- La to manage this prestigious property due to its sterling reputation for delivering a premium luxury hospitality experience. It also marks our foray into the hospitality industry, where we plan to extend our presence to operating multiple world-class luxury properties in the coming years. The long-term opportunity in this sector is immense and we are confident of creating best-in-class properties with right partners by our side.”
About Shangri-La Hotels and Resorts
Hong Kong-based Shangri-La Hotels and Resorts, Asia Pacific’s leading luxury hotel group, currently manages 55 hotels under the five-star Shangri-La and four-star Traders brands, with a rooms inventory of over 28,000. The group has over 50 projects under development in Austria, Canada, mainland China, France, India, Japan, Macau, Maldives, Philippines, Qatar, Seychelles, Thailand, United Arab Emirates, United Kingdom and the United States. For more information and reservations, please contact a travel professional or access the website at www.shangri-la.com.
About Phoenix Mills Limited
Phoenix Mills is a pioneer of mixed format real estate development in India. The Company initiated this concept at its property at High Street Phoenix in Mumbai, and it is now rapidly extending its presence in key metros and cities across the country. Pallazzio Hotel & Leisure Limited is a wholly owned subsidiary of Phoenix Mills Limited.
For more information on the Company, please log on to www.highstreetphoenix.com
For digitised pictures of the group’s hotels, please go to http://www.shangri-la.com/imagelibrary