Panoramic Group Panoramic Group is a hospitality company with its head office in Mumbai. Panoramic Group, founded in 1990s, owns and operates 28 hotels & resorts in four countries, which includes India, US, New Zealand and Thailand. Panoramic Group of Companies is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Panoramic Group operates three strategic business divisions - Hospitality, Travel and Tourism and Information Technology. Awards and Accolades Panoramic Group has been ranked 281 in the MID CAP 500 by Dalal Street, and Indiaâ€™s 2nd best wealth creator of the Decade by the Money Life in 2009. In 2009, the same year, it was ranked 601 in BT Top Next 500 Companies (2nd of Top 500 Fortune of the Year) by Business Today. Ownership The foundation of Panoramic Group of Companies date back to 1990s by Sudhir Moravekar, the founder chairman of the Group. Panoramic Group has successfully been set it's foot prints at pilgrim age and spiritual destinations like Shirdi, weekend getaway destinations like Karnala, destinations for beach lovers like Kerala, Goa and Malvan also. It's other divisions are also founded like Magic Holidays, Travelhot and Travel Universally (especially for Travel and Tourism). Growth Trend Multi-vision * Work on for consolidation of United 21 brand Multi-foray * Forayed into Tourism - acquired * Tourism agencies In USA, India Multi-expansion * Launched own Travel portal Multi Revenue Model * Mixed Use Projects to offset high land Prices & faster break even Multi-Concept * Introduce time share & condominium projects for faster pay back & continuous cash flow Multi-offering * Offer integrated solutions to clients in IT sector. Multi-location * Own, run, and manage Star Category hotels in India, USA & NZ Company Strength & Success Panoramic Group Of Companies manage to strive consistently to make its identity that can successfully leverage the maximum advantage for each of its members and stakeholders. Panoramic Group has strategically been combined their multi-revenue generating business of hotels with timeshare & Condominiums, clubs & resorts and travel. Panoramic Group has made its way to grow in Hospitality, Travel & Tourism and Information Technology.
Published on Jun 19, 2013
Viidyaa Sudhir Moravekar is Managing Director of the company who manages the group of companies very well from long time.