Pangaea to launch boutique hotels

American entrepreneur Michael van Cleef Ault and BK Modi-led Spice Global are in talks to launch boutique hotels and a luxury concierge firm under Pangaea, an ultra-luxury nightclub brand.

Ault, whose Pangaea Singapore is one of the most profitable super luxury nightclubs in the world, says the future of his business is in India. And the present of his business are rich Indians – he owes his success to rich Indians’ urge to splurge come rain or slowdown as seen in their extravagant spending at the tables of his club in Singapore.

Full report here Economic TimesĀ 


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