Grand Hyatt opens in Mumbai

Our Corporate Bureau
27 March 2004

Mumbai: The Rs 650-crore Grand Hyatt, was officially opened yesterday. The 547-room five-star facility has been developed by the Mauritius-based Saraf Industries and will be managed by Hyatt International. Saraf Industries and Hyatt International both hold a stake in the property.

Mr Arun Kumar Saraf, Managing Director, Saraf Industries said that the hotel is positioned at the same level as the Oberoi Hotels here. Marketed as a multi-speciality, lifestyle hotel, it has focused on domestic clients to boost business.

He added that its mid-town location made it easily accessible from suburbs such as Santa Cruz, Juhu and Andheri. The property would be sold through direct marketing and advertising campaigns.

In this regard, he added that the hotel had commissioned a lot of local art, and Rajeev Sethi had been appointed curator responsible for the works of art put up at the hotel.

According to Mr Saraf, the display of local art and culture was expected to give a boost to tourism in the region; this would indirectly create a market for the hotel as well.