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IHCL to connect Taj Lands End and Sea Rock Hotel with bridge

Monday, February 12, 2018, 10:30 Hrs  [IST]

As per a report in The Economic Times today, the Indian Hotels Company Limited (IHCL) is proposing to build a skywalk over the Arabian sea, connecting Taj Lands End and the soon-to-be-constructed Bandra's Sea Rock Hotel.

The bridge, which is intended as an exclusive skywalk for clients, will cover a distance of less than 2 km and stretch over the Arabian Sea. The Sea Rock Hotel — located opposite Taj Lands End hotel, another Indian Hotels' property — has been shut since 1993 after the serial bomb blasts in Mumbai, and was ultimately razed in 2010. 

Indian Hotels recently got its reconstruction plans approved by the Maharashtra Coastal Zone Management Authority (MCZMA). The bridge connecting the two hotels will be one-of-its-kind in India. 

"We have received all the necessary permissions to connect the two hotels and build new rooms in both the hotels,” said a person with direct knowledge of the plan. “A bridge will give customers of both the hotels access to a wide variety of restaurants and other facilities.” “The bridge will bring an element of convenience and novelty to the hotel property.” 

It will help increase footfalls in the restaurants, but not impact the room occupancy rate too much," said Naimish Dave, Executive Director, Avalon Consulting, an Asia-focused strategy, and management consultant. 

Rebuilding of Sea Rock Hotel will increase the hotel chain's footprint in North Mumbai. 

Indian Hotels raised INR 1,500 cr through rights issue last year to fund its growth, reduce its leverage ratio, and for capital expenditure, including funding the expansion of its Sea Rock and Taj Lands End properties. 

"Mumbai has a paucity of good luxury business hotels. There's a clear potential for adding more rooms, and it makes sense for IHCL to expand with Sea Rock in the same location. It will provide economies of scale and better utilisation of property overheads," said Dave. 

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