MGM Group launches Hotel MGM Mark Whitefield; Poised to be South India's top player in hospitality sector in next 2 to 3 years

MG Muthu Group of Companies (MGM), the Rs. 900 crore conglomerate into diversified businesses ranging from logistics, distillery to hospitality, formally announced the launch of their newest acquisition in the city - a boutique business hotel - MGM Mark Whitefield.

MGM Mark Whitefield DayMGM Mark Whitefield Day

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Mr Anand, M, MGM Group, inaugurating the MGM Mark Whitefield LogoMr Anand, M, MGM Group, inaugurating the MGM Mark Whitefield Logo

Bengaluru, KARNATAKA, July 31, 2011 /India PRwire/ -- MG Muthu Group of Companies (MGM), the Rs. 900 crore conglomerate into diversified businesses ranging from logistics, distillery to hospitality, formally announced the launch of their newest acquisition in the city - a boutique business hotel - MGM Mark Whitefield.

Speaking at a press conference here today, Mr MGM Anand, Managing Director of the MGM Group said, "Bangalore is a vibrant city with a climate conducive, both in the literal sense and in business parlance. It was impossible for us at MG Muthu Group of Companies to resist the attractive opportunities in the hospitality segment emerging from Bangalore."

"Today with over two decades of experience in the hospitality industry, MGM Group has charted out a course of action to secure a reigning position in the sector. It was in 1999 that MGM Group brought Marrybrown, the international fast food chain to Chennai. Today with 18 outlets in Chennai alone, and 2 in Bangalore, plans are afoot to open at least 50 outlets across South India in the near future. The MGM Group has also secured licensing rights for the same across South India," he divulged.

The acquisition and re-launch of MGM Mark Whitefield spells the beginning of MGM's plans for the city of Bangalore. Bangalore being a key IT sector, MGM Group has recognized the fact that hospitality of international standards in the form of hotels and serviced apartments is the need of the hour. Hence, care is taken that each of the locations chosen are central, competitively priced and manned by well-trained staff.

Speaking on the occasion, Mr Ajai Kacker, Vice President, MGM Group said, "Our growth plan will have strong roots in the hospitality sector. Acquisition and rebranding of all properties, present and future is on the cards."

However, MGM Mark Whitefield is not a first for the MGM group in the hospitality sector in Bangalore. Tranquil Orchards Suites, a set of serviced apartments located in Sadashivnagar was their maiden venture.

Now the group has set its sights on a number of locations and plans to commence projects in the near future. Bangalore with its suburbs and its well planned micro-markets has shown immense potential. The MGM Group has based its plans on the forecast provided by industry experts and trend watchers as well as experience with the MICE segment and Travel and Tourism.

Speaking on the Group's future plans Mr Anand revealed, "We plan to take the MG Muthu brand of hospitality services to two tier towns in Karnataka, as well as other states - both as owned investments as well as franchise of management services. The MGM Group also has plans to go public with an IPO on the cards within the next few years. We see ourselves in a very positive position by that time and have no doubt on the level of success we are going to achieve."

MGM Mark Whitefield - Where business blends with pleasure:

Centrally located in Bangalore's IT Hub - Whitefield, the MGM Mark Whitefield has 76 well appointed rooms done up in carefully selected art pieces.

Care has been taken to provide the right balance between business and pleasure. Each room comes with hi-speed WiFi access, an electronic safe, bath tub, mini bar, tea & coffee maker, multiple sockets to fit international needs and 24-hour in-room dining service apart from the other regular amenities. To add to this, the hotel has an international band to entertain the weary business travelers.

Quality food is what you will get at the MGM Mark Whitefield. Fusion Express is the all day dining restaurant that serves delectable Indian and Continental cuisine. It's a great place for business meetings or to relax after one. The Checkered Bar is where you head to, to unwind in style, with an international array of cocktails and mock tails. It is a great place to bring clients for a feel of the city's nightlife.

A state-of-the-art gym facility to help keep up routines or simply to re-energize a tired mind and soul. Also at the MGM Mark Whitefield is the Westminster Hall, which offers conference and convention facilities up to 125 guests. Besides this the hotel also has a board room for small meets.

Notes to Editor

About MGM Group: The MG Muthu Group of Companies has been a saga of success. The group has moved from strength to strength since its inception in 1963. In 1967, the group launched a logistics company called Anand Transports as their flagship business venture. By 1972, they had full scale logistical operations in place for heavy earth moving equipment. The company moved on to international exports in 1994 and in the same year made a foray into the hospitality sector in Chennai. They also have established interests in distillery as well as the entertainment sector.

With 40 years of customer interface to their credits, the group is now concentrating its efforts on expansion of its hospitality wing. The Tranquil Orchards Suites & MGM Mark Whitefield are just the beginning for the city of Bangalore.

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