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Saturday, 21 November, 2020, 14 : 43 PM [IST]

Essel Group sells cruise line to Waterways Leisure Tourism Pvt Ltd

Jalesh Cruises, Mauritius, an Essel Group venture, has announced the sale of its premium cruise line brand – Jalesh to Waterways Leisure Tourism Pvt Ltd, part of Sant Chatwal promoted Dreams Hotel Group. Waterways Leisure Tourism Pvt Ltd will be optimising business opportunities and the potential of the Indian travel market.

Jurgen Bailom, President & CEO, Jalesh Cruises, speaking on this development added, “I’m very excited to work along with Mr. Sant Chatwal and I look forward to realising our dream of building India’s finest cruise liner. India is a very large market and presents a unique set of opportunities to build a business of this nature. Chatwal and his esteemed company’s expertise will help us a lot in achieving this dream.”

Vijay Kesavan, Director, Jalesh Cruises, believes, “This is a great opportunity for Jalesh and the cruising industry in India. I strongly believe that the new era of travel has arrived. And this time, it’s going to be bigger and better than ever. With the support received from the government to promote cruise tourism especially with the reduction in port charges, there’s tremendous potentiality in the growth of domestic tourism in India. We are looking forward to building and develop the cruise culture in India under the guidance of Mr. Chatwal and his Dreams Hotel Group. We will be back in business soon. This announcement is just the beginning!"
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