Taj forecasts Australian growth

Taj forecasts Australian growth
By admin

Indian hospitality group Taj Hotels and Resorts is hopeful its sales from the Australian market will double over the next five years as business ties between the two countries strengthen.

Director public relations, Raakhee Lalvani, said Australian volumes are "sufficient", but insisted the market has "tremendous potential" for the expanding hotel firm.

"It's not one of our big markets, not yet," Lalvani told Travel Today.

But she revealed Australia has replaced Italy as its fifth most significant market, although it remains some way behind top source countries the US and the UK.

Lalvani predicted growing trade relations between Australia and India would boost business. In addition, she highlighted growing interest in India as both a leisure and business destination from around the world.

Taj's international hotels, particularly its Maldives properties, are seeing healthy interest from the Australian market while in India, Rajasthan and Varanasi are proving popular.

Meanwhile the hotel firm, which opened its first property The Taj Mahal Palace Hotel in Mumbai in 1903, continues to expand. It opened six properties last year and is looking to open a further five this year with the focus on growing its middle range portfolio.

The majority of the expansion will take place in India, but internationally it has plans to open properties in China with a luxury Shanghai property on the cards, whiile a deal has been stuck for four properties in Hainan.

Lalvani added that although there are no plans for a second Australian hotel, it would not be ruled out if a suitable opportunity presents itself.

"If a great property comes along in Australia, say in Melbourne or some other region which has potential, and it works well in terms of timing, then we will look at it," she said.

Latest News

  • Destinations
  • News

APT Launches 2025 Asia Adventures

APT has launched its Asia Adventures for 2025, including new luxury holidays in India, Sri Lanka and Japan. Five new tours lead guests to the highlights of India, including a seven-night cruise along the rarely travelled Lower Ganges aboard the Ganges Voyager. Further south, Sri Lanka’s greatest destinations are revealed on a new 15-day Land […]

  • Cruise
  • Luxury
  • News

Seabourn announces Western Kimberley Traditional Owners as Godparents of Seabourn Pursuit

Seabourn has named Western Kimberley Traditional Owners, the Wunambal Gaambera, as Godparents of the ultra-luxury purpose-built Seabourn Pursuit. It is the first cruise line to appoint Traditional Owners as godparents of a ship. Seabourn Pursuit embarks on its inaugural season in the Kimberley region this June. The naming ceremony will take place on Seabourn Pursuit’s […]

  • Luxury

Malolo Island Resort opens brand new Spa

Fiji’s Malolo Island has added another string to its bow – opening its $1.3 million day spa on Thursday, 18th April 2024. (Lead Image: matriarch Rosie Whitton with spa staff) Located at the edge of the resort’s luscious patch of tropical rainforest, the new “Leilani’s Spa” adds another level of elevated experiences to Malolo’s already […]