VRO Hospitality is all set to acquire 90,000 square feet of real estate as it expands nationally with new footprints in Bengaluru, Mumbai, Goa, Ooty, Hyderabad, Kolkata, and Kochi. VRO Hospitality plans to open 27 new outlets across Bengaluru, Mumbai, Goa, Ooty, and Hyderabad, Kolkata, and Kochi. VRO Hospitality plans to take 50,000 square feet on lease in Bengaluru, 4,000 square feet in Ooty, 10,000 square feet in Kolkata, 8,000 square feet in Mumbai, and 3,0000 square feet in Kochi, 8,000 square feet in Hyderabad and 5,000 square feet in Goa.
With the next expansion drive, VRO Hospitality will grow its current portfolio to 50 outlets by the end of the year. The expansion plan represents VRO Hospitality’s roadmap to become a pan-India brand across various genres. As a part of the new expansion plan, VRO Hospitality will open new outlets of Taki Taki, Cafe Noir, Badmaash, One Night in Bangkok, Hangover, Plan B, and Tycoons.
Sharath Rice, Director & Co-Founder, VRO Hospitality, commented on the expansion plan: “Our expansion plan represents one of the most important milestones in our history. Over the next six months, we will be introducing multiple new brand options in the markets of Mumbai, Bangalore, Hyderabad, Goa, Ooty, Kochi, and Kolkata. The coming few months present us with an opportunity to scale rapidly as we chase growth and profitability.”
Laying out the plan for the year, Dawn Thomas, co-founder & CEO of VRO Hospitality, said: “Post the first lockdown, VRO Hospitality saw an opportunity to scale, grow, and restructure the organization completely, raise funds and acquire new brands. Now is an opportune moment to take these brands to newer markets. These new outlets will also help us to run 50-60 cloud kitchens and build a unique food and beverage platform with offline and online experiences.”
Bengaluru will have 16 new outlets, while Ooty will witness the opening of the legendary Tycoons. In Bengaluru, seven new outlets of iconic French café would be opened, three Hangover, two Plan B, three Badmaash, and one ONIB. VRO will also enter Kerala by opening a new Café Noir in Kochi. VRO is also set to bring to launch Plan B, Hangover, Badmaash, and its fine dining pan-Asian restaurant Taki Taki in Kolkata.
After Café Noir and Taki Taki in Mumbai last year, VRO continues its expansion drive by opening Plan B, Hangover, and ONIB in Bandra. Goa which saw the opening of Mirage, will also have a new ONIB.