Business Today

Home with a Hotel

Luxury service apartments are changing the way business is done.

- By GINA KRISHNAN

Luxury service apartments are changing the way business is done

TRAVEL IS AMONG the first perks of today’s profession­als. But very soon luxurious hotel rooms start to feel small and constraine­d. The food is great at all the restaurant­s, and there is room service, but all you long for is a simple stir-fry or an omelette in front of the television at the end of the day.

Star hotels have entered the space as the benefits are many. For one, these are close to central busi- ness districts and although part of the main hotel property, there is a separate private entry and an internal walkthroug­h to access the hotel’s food and beverage offerings. They also offer valet and concierge services along with housekeepi­ng.

Big cities have seen an upsurge in serviced apartments, driven by multinatio­nals and a mobile population. After all, business travellers and visiting profession­als need to stay in the business hubs for anything between a few months and a few years, depending on their nature of work. The trend started with smaller and independen­t serviced apartments where middlemana­gement profession­als moved in. Melange in Bengaluru has two such properties that do not offer restaurant­s but assist in delivery. However, a clutch of hotel chains soon caught up and pushed the space and comfort quotients. Hyatt Regency Pune, Leela Ambience Hotel and Residences and St. Regis Mumbai have already set up luxury apartments.

Guests at these ‘residences’ can access everything that the hotels are offering, right from multiple cuisines, housekeepi­ng and security services to spa,

gyms, pools and parking facilities. The apartments include a living area and one, two or even three bedrooms. Basic services are the same in the hotel rooms and the residences, but the housekeepi­ng frequency varies depending on the duration of stay.

“Expats want apartments independen­t of the hotel, but they also want the security and comfort of a big hotel,” says Vishal Singh, General Manager at Hyatt Regency, Pune, adding that guests could be staying from one to three years. The apartments are attached to the Hyatt and provide long-term benefits as Hyatt becomes a preferred destinatio­n for companies whose senior managers stay in the residences. All their needs are met within the premises, and for the hotel, it means incrementa­l revenue.

Hyatt also runs the World of Hyatt programme where guests can earn points based on the number of room nights and spend the same in spa and restaurant­s. The points can also be redeemed for complement­ary nights at the hotel and other services. The runaway success in Pune has led Hyatt to launch serviced apartments with Grand Hyatt, Mumbai, Park Hyatt, Hyderabad, and Andaz in Delhi.

Leela Ambience Hotels and Residences was set up in Gurugram in 2009. Attached to the Ambience Mall and a short distance from the Cyber City, it is an ideal place for long-staying visitors. Almost 90 per cent of the residences are taken by corporate houses who book them for up to a year. Leela offers compliment­ary airport transfers, Internet connection­s and use of gym along with a dedicated trainer.

Marriott Executive Apartments in Mumbai, which is close to the Renaissanc­e but is run independen­tly, charges `21,000 plus taxes per night for a one-bedroom apartment and `44,000 plus taxes for a two-bedroom unit.

Taj Wellington Mews, Colaba (Mumbai), offers fully furnished luxurious apartments, varying from 350 sq. ft studios to a 5,300 sq. ft penthouse. Here residents can have a master chef create a personalis­ed menu to get a sense of being at home. A childcare centre assists in taking the stress off working parents. And personal trainers are on call. The smallest studio goes for `21,000 plus taxes per night while the penthouse costs `1 lakh plus taxes.

The St. Regis at Lower Parel, Mumbai, has a butler for each of the 39 luxurious serviced apartments. He also works as a personal assistant, making sure that every request of the guest is fulfilled. The bill is `60,000 plus taxes per night.

 ??  ?? Leela Ambience Hotels and Residences, Gurugram
Leela Ambience Hotels and Residences, Gurugram
 ??  ?? Hyatt Regency, Pune
Hyatt Regency, Pune
 ??  ?? Taj Wellington Mews, Mumbai
Taj Wellington Mews, Mumbai

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