Oaks Hotels & Resorts announces development of Oaks Bodhgaya India
Leading accommodation provider Oaks Hotels & Resorts, a division of Minor Hotel Group (MHG), is continuing to strengthen its international foothold, today announcing the development of Oaks Bodhgaya in northeast India in partnership with GP Group and Top Travel & Tours Pvt. Ltd.
In an investment deal worth approximately AU$8.7 million, Oaks Bodhgaya is currently under construction and nearing the final stages of development, scheduled to open in Q4 of this year. The property will be completed in two phases, which will ultimately add a further 138 keys to Oaks Hotels & Resorts’ growing management portfolio.
The first phase will see the launch of 78 guest rooms, as well as a selection of onsite amenities, including a restaurant, conference precinct, terrace with meditation area and landscaped gardens, while phase two – also currently under development – will add a further 60 rooms to the property’s inventory.
The Oaks Bodhgaya announcement comes off the back of Oaks Hotels & Resorts’ recent news that it will make its Indian debut with the opening of Oaks Neemrana, located southwest of New Delhi, in late 2017.
Chief Operations Officer of Oaks Hotels & Resorts, Mr Mike Anderson, commented, “Following on from the Oaks Neemrana announcement in January and underpinned by Minor Hotel Group’s global expansion strategy, we are delighted to reveal that we will be introducing the Oaks Hotels & Resorts brand into India earlier than first anticipated with the launch of Oaks Bodhgaya later this year.
“India has immense tourism growth potential and we look forward to having a strong presence in both Neemrana, Rajasthan and Bodhgaya, Bihar once both properties open their doors over the next two years,” he said.
Located in the state of Bihar in the country’s northeast, Bodhgaya is a key religious site and place of pilgrimage and is thought of as the epicentre of Buddhism. The Mahabodhi Temple can be found here which is home to the famous Bodhi Tree where Buddha is said to have obtained enlightenment. The temple is the most important of the four main pilgrimage sites related to the life of Buddha and became a UNESCO World Heritage Site in 2002.