The Hindu : Business : Taj Hotels completes Campton Place acquisition

Online edition of India's National Newspaper
Wednesday, May 02, 2007
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Taj Hotels completes Campton Place acquisition

Appoints Vikram Aditya Singh as General Manager

TRAVELLERS' CHOICE: Franz Zeller (left), Senior Vice President and COO, Taj Luxury Hotels International, with Vikram Aditya Singh, the newly appointed General Manager, Campton Place.

SAN FRANCISCO: Taj Hotels Resorts and Palaces took over Campton Place, San Francisco, on Monday following the completion of its $58 million acquisition of the 110-room luxury European-style hotel.

Taj will enhance Campton Place's original reputation, pledged Raymond Bickson, Managing Director and CEO of Indian Hotels Company, which operates Taj Hotels Resorts and Palaces, according to a release.

Third luxury hotel

Mr. Bickson said he had appointed Vikram Aditya Singh as the new General Manager. "Vikram Aditya Singh has perfect credentials for leading Campton Place in this great city known for its fine hotels and restaurants. He has proven himself as General Manager of the widely acclaimed Taj Exotica Resort and Spa in the Maldives," Mr. Bickson said.

Acquired from Kor Hotel Group, Campton Place is the third luxury hotel in the Taj portfolio in North America and the first on the West Coast, and is part of the company's expansion programme in the U.S. In 2005, Taj Hotels entered into a lease agreement to operate and manage The Pierre, the luxurious landmark hotel on New York's Fifth Avenue. Earlier this year, it assumed full ownership of the 1927 Boston landmark hotel overlooking the city's Public Garden at Arlington and Newbury streets and renamed it Taj Boston.

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