Thomas Cook Subsidiary Sterling Holiday Resorts Launches New Hotel in Mohali
Sterling Holiday Resorts Limited, a wholly owned subsidiary of Thomas Cook (India) Limited, launched Sterling Avante Mohali on February 17, 2026, expanding into Punjab's Tricity corridor. The hotel targets corporate travel and events market with contemporary facilities including Crystal Banquet Hall and Essence restaurant. Sterling now operates over 3,700 keys across 59 destinations in India.

*this image is generated using AI for illustrative purposes only.
Thomas Cook (India) Limited's wholly owned subsidiary Sterling Holiday Resorts Limited announced the launch of Sterling Avante Mohali on February 17, 2026, marking the company's strategic expansion into Punjab's dynamic Tricity corridor. The new hotel targets the growing corporate travel and events market in the region.
Strategic Location and Market Positioning
Sterling Avante Mohali is strategically positioned in TDI City, Sector 117, capitalizing on Mohali's emergence as a key business hub within the Chandigarh Tricity region. The hotel is designed specifically for corporate travel, conferences, and celebration-led stays, addressing the increasing demand from enterprise activity and strong connectivity infrastructure in the area.
| Feature | Details |
|---|---|
| Location | TDI City, Sector 117, Mohali |
| Target Market | Corporate travel, conferences, celebrations |
| Connectivity | Chandigarh International Airport, Chandigarh Railway Station |
| Launch Date | February 17, 2026 |
Hotel Facilities and Amenities
The hotel offers contemporary accommodations and comprehensive event infrastructure designed to serve both business and leisure travelers. Key facilities include modern rooms and suites with reliable service standards, and events-ready infrastructure that can accommodate various functions from boardroom meetings to large celebrations.
The dining experience centers around Essence, the all-day restaurant, which provides a versatile setting for business meals, hosted dinners, and celebratory gatherings. The menu combines Indian favorites with regional touches and global staples, catering to diverse guest preferences.
Event and Conference Capabilities
The hotel's event offerings are anchored by the Crystal Banquet Hall, specifically designed to transition smoothly across different function types. The facility can accommodate corporate conferences, product launches, weddings, and social functions, supported by Sterling's experienced operations and culinary teams.
Management Commentary
Vikram Lalvani, Managing Director & CEO of Sterling Holiday Resorts, highlighted the strategic importance of the Mohali location. He emphasized that Mohali represents one of India's most exciting new-age cities, characterized by commercial vibrancy, strong connectivity, and growing importance for business travel and celebrations.
Maninder Singh Marwah, Director of Shining Star Hospitality, noted Mohali's emergence as a natural extension of the Chandigarh Tricity's business and events ecosystem. He expressed confidence in Sterling's operating capabilities and nationwide network to meet the evolving needs of business travelers and event organizers.
Sterling Holiday Resorts Portfolio
With the Mohali launch, Sterling Holiday Resorts continues building its balanced portfolio across resorts, leisure hubs, spiritual destinations, and business-forward hotels. The company currently operates over 3,700 keys across 59 unique destinations throughout India.
| Portfolio Highlights | Details |
|---|---|
| Total Destinations | 59 unique locations |
| Operational Keys | Over 3,700 |
| Parent Company | Thomas Cook (India) Limited (100% subsidiary) |
| Ultimate Parent | Fairfax Financial Holdings Limited |
The company maintains presence across popular destinations including Alleppey, Amritsar, Coorg, Corbett, Darjeeling, Goa, Manali, Mussoorie, Ooty, Shimla, and Udaipur, among others, offering comprehensive hospitality solutions across leisure and business segments.
Historical Stock Returns for Thomas Cook
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.31% | -1.77% | -15.97% | -33.43% | -7.20% | +133.19% |


































