Hotel brand and management company, Dream Hotel Group, has signed a hotel management agreement with Sachiin Joshi, chairman of Viiking Ventures, to open Dream New Delhi in 2019. Set to open in the Central Business District of West Delhi, Dream New Delhi will feature 187 guest rooms and suites and five dining and nightlife venues including a food hall concept by chef Todd English.
Dream Hotel group Chairman Sant Chatwal speaking at a press meet in NY on 17th july 2017
Dream Hotel Group’s chairman, Sant Singh Chatwal, CEO Jay Stein and CFO, Rabinder Pal Singh, were at the signing along with Sachiin Joshi and Todd English, while actress Rashmi Nigam acted as the mistress of ceremonies. “I am thrilled to expand our global footprint to India and bring the Dream Hotel brand back to my home country,” remarked Sant Singh Chatwal. “We are well positioned to triple our existing portfolio in less than five-years.”
This alliance come on the heels of the company’s largest international expansion news to date with nine new hotel signings across all four brands – Dream Hotels, Time Hotels, The Chatwal and Unscripted Hotels. With 16 hotels open and an additional 26 properties in the pipeline, Dream Hotel Group is on track to increase its global footprint by 230% over the next four years; tripling its existing portfolio by 2022.
“We are delighted to partner with Dream Hotel Group and its dynamic team,” said Joshi of Viiking Ventures. “India is among the fastest growing economies and we are excited to take the hospitality industry in this country to new heights with Chatwal, who is an inspiration.”
“I couldn’t be more pleased to extend my partnership with the Dream Hotel Group, this time, on a new venture to create an unforgettable dining experience at Dream New Delhi,” said Chef Todd English. “I’ve always dreamt of bringing my restaurant to India and I can’t think of a more exciting place to establish it.”
