US-based theme restaurant Planet Hollywood has entered India with a seaside resort in Goa which is being developed by JMJ Group with a Rs 250-crore funding and it’s prone to be operational in about two months.
Hospitality main Wyndham Resort Group has signed a franchise settlement with JMJ for the property. The Group has licence to franchise the Planet Hollywood Resort model.
The Hollywood-inspired theme resort, anticipated to be operational earlier than Christmas, might be solely the second on the earth after Planet Hollywood, Las Vegas.
“That is the second Planet Hollywood which might be unfold throughout 10 acres and cater to a wide range of travellers. It’ll replicate the identical type as its property in Las Vegas sometimes embellished with film memorabilia, together with props from well-known movies,” Wyndham Resort Group Regional VP (Indian Ocean, EMEAI) Deepika Arora instructed reporters right here immediately.
The Planet Hollywood Seaside Resort would a a 115-room and 15-luxury tent property situated on the white sands of Uttorda Seaside in South Goa. WHG can be franchise agreements for Planet Hollywood in China and North America.
“We’re extra Planet Hollywood. At present, we’re in talks for franchise agreements for the model in China and North America.
“We’re additionally open for extra Planet Hollywood resorts in India. Nevertheless, the situation has to help the model when it comes to particular market and atmosphere,” Wyndham Resort Group President and Chief Government Officer Geoff Ballotti mentioned.
JMJ Group, integrated in 1995, is especially into perfumery mixing and manufacturing of important oil extracts utilized by a lot of the high manufacturers of pan masala, chewing tobacco, mouth fresheners, incense sticks and related merchandise.
“We now have invested Rs 250 crore in growing Planet Hollywood. We’re wanting ahead to Planet Hollywood being a landmark vacation spot in Goa. The property, going by the tag line of ‘Let there be fame’, might be extra of a luxurious meets rejuvenation vacation spot the place visitors might be handled like celebrities,” JMJ Group MD Sachin Joshi instructed PTI.
The corporate can be growing two upscale properties in New Delhi, one every in Jaipur, Pune, Raipur moreover one resort and spa in Dehradun with 80 rooms, he mentioned.
“We now have an enormous land financial institution unfold throughout completely different States. We now have lined up an general funding of Rs 1,500 crore for growing these seven properties, together with Planet Hollywood in Goa,” Joshi added.
The corporate can be buying operational resorts, he mentioned, including after having 10-15 properties JMJ Group will look to develop its personal model, he mentioned.