Welldercare enters hospitality industry; announces 4 retirement resorts

Welldercare Group has announced its foray into the hospitality industry and plans to launch four long-term retirement resorts in the next three months for senior living. The company aims to set up a pan-India network of retirement resorts to offer a diverse experience of carefree living without the need to buy into any class of real estate. It is planning to launch its first set of resorts in Goa, Cochin, Kumarakom and Munnar in the next three months and scale its network of retirement resorts to 20 locations in the next 24 months.