It was not long back Muthoot Group, a leading player in gold loan
business, ventured into Tamil Nadu and opened shops across the State, in
a bid to establish itself a pan-Indian player.
The entry of titans like Muthoot and Manappuram changed the gold and gold loan business s in Tamil Nadu, especially in Chennai. They offered more amount to the gold, making Chennai gold rate live and attractive. Also, the interest rates are low when compared to others, which again made Chennai gold rate live.
And now, Muthoot Leisure and Hospitality Services (MLHS), the hospitality division of Muthoot Group has announced the acquisition of Costa Rica’s award winning, high-end property ‘Xandari Resort & Spa’. This is the first acquisition by an Indian hospitality company in Central America.
Based in Alajuela, Costa Rica, Xandari Resort & Spa a luxurious property becomes the first overseas acquisition by MLHS.The resort was added to MLHS group in December 2013. MLHS has also extended its collaboration with Raxa Collective to manage the property hereon.MLHS plans to spend Rs 200 crore in next two years
George M George, Executive Director, MLHS, said, “The concept of eco-friendly resorts originated in Costa-Rica and this acquisition is an expression of our belief in promoting environment-friendly projects around the world. Moreover, it is aligned to our vision of offering excellent service and hospitality to our guests, complemented by exquisite exposure to the heritage of that region. I am confident that the uniqueness of this property will appeal to global visitors and will go a long way in strengthening our business here. Having said that, India continues to be our focus market and we will announce our domestic expansion plans very soon”.
Xandari Resort & Spa is a tropical paradise of 24 individually designed villas nestled on a 40 acre plantation overlooking the Central Valley of Costa Rica. Each villa is beautifully designed and dressed up in a combination of barrel vaulted ceilings, thatch roofs, colorful walls, tile floors, original artwork by the owners, rattan chairs and traditional textiles. Adding serenity are the expansive lawns, covered by palapas. Guests are offered therapeutic spa service, set in the tropical garden with private palm-roofed gazebos, each with its own Jacuzzi and view. The resort also offers farm-fresh scrumptious cuisines for health-conscious and other guests.
Costa Rica stands as the most visited nation in the Central American region, with 2.2 million foreign visitors in 2011. International tourist receipts rose to US$2.4 billion in 2012, and the lead country of origin was the United States, followed by Nicaragua and Canada. Ecotourism draws many tourists to visit the extensive national parks and protected areas around the country.
The resort has received many recognitions and awards for its exceptional hospitality. To name a few such as, Condé Nast Platinum List (awarded for 5 consecutive years on Gold List), Top 10 Central South American Resortsorganised by Travel + Leisure; Trip Advisor Travelers Choice Winner,World Travel Award for Costa Rica’s Leading Spa Resort
MHLS owns seven properties across India and Latin America. Cardamom County, a conservation focused Resort in PeriyarTiger Reserve,Kerela; River Escapes, with a fleet of houseboats endowed with Imperial guest rooms in Alleppey, Kerela; Pampa Villa, a whispering riverfront villa in Champakkulam, Kerela; Kayal Villa, an exotic backwater villa at Panangad, Kerela; Spice Harbour, a Boutique hotel in the Mattenchery, Kerela; Pearl Beach, a sparkling villa-resort in Mararikulum, Kerela and the most recently added, Xandari Resort & Spa, a villa-resort in Alajuela, Costa Rica.
After being one of the factors in making Chennai gold rate live and attractive, Muthoot has now started focusing on hospitality business. Meanwhile, the gold chain is expected to open more outlets in Tamil Nadu in the coming months.
For more details;
Contact,
Chennai.GoldrateLive.Com is continually growing, and to ensure that we are always giving you exactly what you want we would love to hear any feedback you may have. It may be about our website, our service, or any new features you would like to see us include
+91 99623 60756
enquiry@goldratelive.com
http://www.chennai.goldratelive.com/
The entry of titans like Muthoot and Manappuram changed the gold and gold loan business s in Tamil Nadu, especially in Chennai. They offered more amount to the gold, making Chennai gold rate live and attractive. Also, the interest rates are low when compared to others, which again made Chennai gold rate live.
And now, Muthoot Leisure and Hospitality Services (MLHS), the hospitality division of Muthoot Group has announced the acquisition of Costa Rica’s award winning, high-end property ‘Xandari Resort & Spa’. This is the first acquisition by an Indian hospitality company in Central America.
Based in Alajuela, Costa Rica, Xandari Resort & Spa a luxurious property becomes the first overseas acquisition by MLHS.The resort was added to MLHS group in December 2013. MLHS has also extended its collaboration with Raxa Collective to manage the property hereon.MLHS plans to spend Rs 200 crore in next two years
George M George, Executive Director, MLHS, said, “The concept of eco-friendly resorts originated in Costa-Rica and this acquisition is an expression of our belief in promoting environment-friendly projects around the world. Moreover, it is aligned to our vision of offering excellent service and hospitality to our guests, complemented by exquisite exposure to the heritage of that region. I am confident that the uniqueness of this property will appeal to global visitors and will go a long way in strengthening our business here. Having said that, India continues to be our focus market and we will announce our domestic expansion plans very soon”.
Xandari Resort & Spa is a tropical paradise of 24 individually designed villas nestled on a 40 acre plantation overlooking the Central Valley of Costa Rica. Each villa is beautifully designed and dressed up in a combination of barrel vaulted ceilings, thatch roofs, colorful walls, tile floors, original artwork by the owners, rattan chairs and traditional textiles. Adding serenity are the expansive lawns, covered by palapas. Guests are offered therapeutic spa service, set in the tropical garden with private palm-roofed gazebos, each with its own Jacuzzi and view. The resort also offers farm-fresh scrumptious cuisines for health-conscious and other guests.
Costa Rica stands as the most visited nation in the Central American region, with 2.2 million foreign visitors in 2011. International tourist receipts rose to US$2.4 billion in 2012, and the lead country of origin was the United States, followed by Nicaragua and Canada. Ecotourism draws many tourists to visit the extensive national parks and protected areas around the country.
The resort has received many recognitions and awards for its exceptional hospitality. To name a few such as, Condé Nast Platinum List (awarded for 5 consecutive years on Gold List), Top 10 Central South American Resortsorganised by Travel + Leisure; Trip Advisor Travelers Choice Winner,World Travel Award for Costa Rica’s Leading Spa Resort
MHLS owns seven properties across India and Latin America. Cardamom County, a conservation focused Resort in PeriyarTiger Reserve,Kerela; River Escapes, with a fleet of houseboats endowed with Imperial guest rooms in Alleppey, Kerela; Pampa Villa, a whispering riverfront villa in Champakkulam, Kerela; Kayal Villa, an exotic backwater villa at Panangad, Kerela; Spice Harbour, a Boutique hotel in the Mattenchery, Kerela; Pearl Beach, a sparkling villa-resort in Mararikulum, Kerela and the most recently added, Xandari Resort & Spa, a villa-resort in Alajuela, Costa Rica.
After being one of the factors in making Chennai gold rate live and attractive, Muthoot has now started focusing on hospitality business. Meanwhile, the gold chain is expected to open more outlets in Tamil Nadu in the coming months.
For more details;
Contact,
Chennai.GoldrateLive.Com is continually growing, and to ensure that we are always giving you exactly what you want we would love to hear any feedback you may have. It may be about our website, our service, or any new features you would like to see us include
+91 99623 60756
enquiry@goldratelive.com
http://www.chennai.goldratelive.com/
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