Advani Hotels & Resorts India Ltd
Advani Hotels & Resorts India Ltd is involved in the business of hotel, Tourism and Hospitality sector. It possessed technical and financial collaboration with Ramada, UK. The collaborators helped the firm in marketing and defining strategies for advertising and promotion. Incorporated in 1987 and named as Ramada Hotels (India). Thereafter, the name of the company changed to Advani Hotels and Resorts.
During the year 1989, it disclosed a public issue for its first venture Ramada Resort. The company took part in establishing a five-star luxury resort consists of 140 rooms includes 6 villas in a terraced garden pattern at Clova Beach, Goa.
In the year 1994, the company commenced the construction work for a 62 guest room wing and 6 two-bedroom villas at the existing site in Goa to cater to the increasing demands. While in 2007, the firm split its face value from Rs 10 to Rs 2.
Board of Directors:
The board of directors of the company include Sunder G Advani, Haresh G Advani, Prahlad S Advani, Vinod Dhall, Sureesh Mehta, Adhiraj Harish, Menaka S Advani, Nina H Advani, Shivkumar D Israni, Prakash V Mehta, and Nilesh Jain.