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Wednesday, November 13, 2024

Atmosphere Core announces bold entry into Indian hospitality market, unveils plans for eight luxury properties by 2024

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Hospitality firm Atmosphere Core on Thursday made a noteworthy announcement, disclosing their ambitious plans to enter the Indian market. As part of this strategic move, they proudly confirmed the signing of contracts for eight hotels and resorts. The first of these properties is poised to open its doors in Kolkata between April and June of 2024. Subsequently, Atmosphere Core will unveil seven more properties, strategically positioned in popular destinations such as Goa, Bengaluru, Bhopal, Coorg, Kannur, Bhubaneswar, along with an additional one in Kolkata.

The company announced that they will manage certain properties under their own brand, while others will fall under a different brand. However, they did not provide any additional information regarding this arrangement.

“India’s rich cultural tapestry and diverse landscapes offer immense potential for extraordinary hospitality. With our commitment to sustainability and the ‘Joy of Giving,’ we aim to create a hospitality legacy in India,” Atmosphere Hospitality’s Chairman Dipti Ranjan Patnaik stated.

The company, having introduced three brands and established eight resorts in the Maldives over the past decade, revealed its intention to expand its portfolio to a total of 25 properties in India by 2025.

“Our commitment to organic growth, sustainable development, and distinctive brand experiences has transformed the Maldives, and we are thrilled to bring this transformation to India,” said Salil Panigrahi, Managing Director of Atmosphere Core.

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