Unique Group to build Taj and Vivanta hotels in Dhaka | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
June 16, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JUNE 16, 2025
Unique Group to build Taj and Vivanta hotels in Dhaka

South Asia

TBS Report
18 April, 2023, 02:50 pm
Last modified: 18 April, 2023, 09:52 pm

Related News

  • Installation of Electronic Fiscal Device mandatory at hotels, restaurants located on highways: NBR
  • Westin, Sheraton, Sea Pearl suffer business decline in Jul-Sep
  • World's largest hotels
  • Shopping malls reopen gradually
  • Where do the used soaps and shampoos go from hotels?

Unique Group to build Taj and Vivanta hotels in Dhaka

The group will invest some Tk2,000 crore to build these hotels in Gulshan

TBS Report
18 April, 2023, 02:50 pm
Last modified: 18 April, 2023, 09:52 pm
Photo: Courtesy
Photo: Courtesy

Unique Group, a leading hotel and hospitality management company in Bangladesh, has announced its plan to introduce the iconic Taj and Vivanta hotel brands in Dhaka's upscale Gulshan.

The group will invest around Tk2,000 crore to build these hotels, according to a senior official of the group.

Unique Group's concern Borak Real Estate Ltd and the Indian Hotels Company Ltd, the owning company of Taj and Vivanta, signed a deal in this regard on Monday.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Unique Group also owns Unique Hotel & Resorts PLC, which is the leading hotel management company in the country and successfully operates Marriott International's 5-star hotels – the Westin Dhaka and Sheraton Dhaka as well as a 4-star boutique hotel HANSA, A Premium Residence.

Md Shakawath Hossain, CEO of Unique Hotel & Resorts PLC told TBS that Taj will be a 5-star and Vivanta will be a 4-star hotel. Hotel Taj will have 230 rooms and Vivanta will have 130 rooms.

He said the infrastructure construction of two hotels will be in the same place near Hotel Westin in Gulshan. The hotels will go into operation after finishing construction and decoration in the next two years.

Borak Real Estate Ltd is financing the total investment and the hotels will be operated by the Indian Hotels Company Ltd, added Shakawath Hossain.

On 17 April the agreement was signed by representatives of the Indian Hotels Company Ltd and Borak Real Estate Ltd at the Sheraton Dhaka. Suma Venkatesh, executive vice president (Real Estate & Development) and Rajendra Mishra, executive vice president and general counsel of Indian Hotels Company Ltd and Mohd Noor Ali, managing director of Borak Real Estate Ltd signed the agreement on behalf of their respective companies.

The agreement will be valid for a period of 30 years.

"We are thrilled to partner with India's leading company which is known for its world-class hospitality. These signings will introduce the iconic brand Taj, the worlds' strongest hotel brand as per Brand Finance, in Dhaka and bring the Vivanta experience to the city," said Mohd Noor Ali, managing director of Borak Real Estate Ltd.

"We are delighted to debut in Dhaka adding an important international destination to our portfolio," Puneet Chhatwal, managing director and CEO of Indian Hotel Companies Limited said.

"Bangladesh, one of the fastest growing economies in the world, is also the second largest economy in South Asia. Its close proximity and cultural affinity to West Bengal with the significant presence of our company makes it a strategic association," he added.

Advocate Mr Mahbub Ali, state minister of civil aviation and tourism graced the signing ceremony as the chief guest while Air Vice Marshal M Mafidur Rahman, chairman of CAAB, Abdul Matlub Ahmad, chairman of Nitol Niloy Group and Shubham Yadav, second secretary of High Commission of India were present as special guests among others.

The ceremony was also attended by all partners of Tata Group in Bangladesh.

Top News / World+Biz

IHCL / hotels / Taj hotels

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh High Commissioner to the United Kingdom Saida Muna Tasneem. Photo: Collected
    ACC launches inquiry against ex-UK envoy Saida Muna, husband over laundering Tk2,000cr
  • Photo collage of ousted former prime minister Sheikh Hasina, former home minister Asaduzzaman Khan Kamal and former inspector general of police Chowdhury Abdullah Al Mamun, all of them are accused in the case. Collage: TBS
    ICT orders newspaper ads summoning Hasina to appear before tribunal on 24 June
  • ACC Chairman Mohammad Abdul Momen at a press briefing on 16 June 2025. Photo: TBS
    UK crime agency to train ACC on bringing back laundered money

MOST VIEWED

  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Merger of 5 Islamic banks at final stage: BB governor
  • UCB launches Bangladesh's first microservices-based open API banking platform
    UCB launches Bangladesh's first microservices-based open API banking platform
  • Photo: Collected
    Pakistan rejects reports of missile supply to Iran
  • Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
    Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
  • Crore-taka bank accounts edge down by 719 in March quarter
    Crore-taka bank accounts edge down by 719 in March quarter
  • Nepal begins 38MW hydropower export to Bangladesh
    Nepal begins 38MW hydropower export to Bangladesh

Related News

  • Installation of Electronic Fiscal Device mandatory at hotels, restaurants located on highways: NBR
  • Westin, Sheraton, Sea Pearl suffer business decline in Jul-Sep
  • World's largest hotels
  • Shopping malls reopen gradually
  • Where do the used soaps and shampoos go from hotels?

Features

The GLS600 overall has a curvaceous nature, with seamless blends across every panel. PHOTO: Arfin Kazi

Mercedes Maybach GLS600: Definitive Luxury

5h | Wheels
Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

21h | Panorama
Photos: Collected

Kurtis that make a great office wear

2d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

4d | Panorama

More Videos from TBS

ICT orders newspapers ads summoning Hasina to appear before tribunal on 24 June

ICT orders newspapers ads summoning Hasina to appear before tribunal on 24 June

1h | TBS Today
Who was IRGC intelligence chief Kazemi killed in Israeli strike?

Who was IRGC intelligence chief Kazemi killed in Israeli strike?

1h | TBS World
Yunus-Tareq meeting; What Amir Khusru said after returning home after participating

Yunus-Tareq meeting; What Amir Khusru said after returning home after participating

2h | TBS Today
Iran launches missile attack on Israel again

Iran launches missile attack on Israel again

3h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net