EXHICON Consortium debuts in hospitality segment in India from Ayodhya
28 November 2020: After venturing into Thailand Hospitality sector in 2017; EXHICON Group is now ready to launch it’s Hospitality Division in India from Ayodhya. Religious tourism & hospitality sector in Ayodhya are to get a huge boom as Ram Mandir is expected to be open for pilgrimage by the end of year 2023 or first quarter of 2024. An expected 2 lac travellers are to be visiting the city everyday from 2023 onwards.
The consortium held a press conference at Hotel Shan-e-Awadh, Faizabad to share the survey findings of the sector and it’s plans pertaining to Ayodhya. The conference was addressed by M. Q. Syed, founder of EXHICON Group, Padma Mishra, Group Director EXHICON, Gajanan Shirke, Founder of Strategic Hospitality & Syed Abbas, Founder of Omatra Hotels.
EXHICON will lead the consortium with hospitality brands Strategic Hospitality, Mumbai and Omatra Hotels Group, Bengaluru, to develop & operate hotels in Ayodhya and neighbouring districts on Management Contract, Long Term Lease & Joint Venture for Greenfield projects. The Consortium also plans to develop a full service convention hotel by 2023.
As per the recent study carried out by consortium, the major challenges in the Ayodhya micro market is the quality product and efficient team; also service has been a major challenge being limited supply available.
“We are looking to create a presence and initiate with first hotel with global standards in Ayodhya, then gradually moving further in Indian Market including tier one and tier two cities ” informed M. Q. Syed.
Padm Mishra while speaking on the occasion informed “EXHICON’s consortium partners Strategic Hospitality, a well known hospitality consulting & Operation Company & Omatra Hotels, a young hotel chain and hotel operator with presence in several cities in India makes this consortium a fit for for the growing needs of Hospitality sector of Ayodhya”.
Gajanand Shirke, founder of Strategic Hospitality is also a well known hospitality consultant and author of more than 30 books on Hospitality management , many of them best sellers.
Shirke shared various interesting findings on Ayodhya’s Hospitality sector major challenges in Ayodhya being Hospitality Education Training and SOP’s / Professional Management and Operations specially for MICE Sector (Meetings, Incentives, Conferences and Events) sectors. Shirke also shared consortium’s plan of action to address the challenges.