The Zuri Group, which is promoted by a consortium of investors based in Middle East, has four properties in India - Zuri Whitefield in Bengaluru, Zuri Kumarakom Resort & Spa in Kerala and two properties in Goa, the Zuri Varca White Sands Resort and the Zuri Retreat.

However, the group is now planning to venture into management of hotel properties owned by others.

'We are in an advanced stage of finalising deals in Pune, Ahmedabad, Kolkata and for our second property in Bangalore,' Chand said.

The hotel chain plans to have its brand present in four to five cities in the next three years. Each property would have an average capacity of 150 rooms, she added.