Keys Hotels to add 1,500 rooms in 3 years: CEO

“We have 1,500 rooms in pipeline in next three years but number of hotels is not specific as it will all depend on the properties we will get to manage,” Berggruen Hotels CEO Anshu Sarin said here.

The hospitality group currently has 21 hotels in operations with 1,900 keys, of which seven are owned by the company, seven are franchise-based and seven are under contract management. “We are focusing on asset light model and are open to both contract management and franchises for growth. Leasing properties in select strategic locations is another focus area,” Sarin added. For expansion, the company is focused in the north region, where it does not have a strong presence.