Category Archives: Hotels

Pradeep Shetty, President, FHRAI, projected that the hospitality industry will contribute US $250 bn to India’s GDP by 2030, supporting 137 million jobs. He stressed on the role of long-term financing and regulatory reforms to achieve this vision, aiming for a US $3 tn contribution by 2047.

The Indian hospitality industry is primed to make a significant contribution to the country’s economy, according to Pradeep Shetty, President, Federation of Hotel & Restaurant Associations of India (FHRAI). Addressing the 54th FHRAI Annual Convention on Day 1, Shetty projected that the sector will contribute a substantial $250 billion to India’s GDP by 2030, supporting 137 million jobs. To achieve this ambitious target, Shetty emphasised the need for long-term financing and regulatory reforms. The industry aims to contribute $3 trillion to the GDP by 2047. FHRAI Calls for Regulatory Reforms Shetty highlighted the critical need for long-term financing in the sector, noting that current funding options are limited to 7-8 years. He urged the government to implement regulatory reforms, such as streamlined licensing procedures and single-window systems, to unlock the industry’s full potential. Hospitality Sector Outperforms Other Industries The Indian hospitality industry is already making a substantial impact on the economy, contributing 12-13 per cent to the GDP and employing over 12 per cent of the workforce. These figures surpass those of the automobile and IT sectors, highlighting the industry’s economic significance. Sector to Add 50,000-60,000 Rooms in Next Five Years The President announced that the hospitality sector is set to expand significantly, with plans to add between 50,000 and 60,000 new hotel rooms over the next five years. This expansion will further boost employment opportunities and contribute to the country’s economic growth. FHRAI Submits Ease of Doing Business Report To address the challenges faced by the industry, FHRAI has submitted a comprehensive report on the ease of doing business in hospitality to the government. The report focuses on critical areas for reform, including simplifying regulatory compliance, reducing licensing burdens, …

Indian Hotels Company (IHCL), India’s largest hospitality company, announced the signing of a resort in Prayagraj in Uttar Pradesh. This greenfield project will be under the Gateway brand. Speaking on the occasion, Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL said, “Prayagraj, with its deep-rooted cultural and religious importance, has been a prominent destination for pilgrims and leisure tourists alike. This signing aligns with our strategy of penetrating emerging markets in Tier II and III cities. We are delighted to partner with Ecavo Hospitality Limited for this project.” True to its ethos, the 150-key Gateway Prayagraj seamlessly blends contemporary aesthetics with local architectural influences. Guests can choose from an array of culinary options like an all-day-diner, a bar, a specialty restaurant, and a lounge. It will feature a state-of-the-art gym, swimming pool and spa. Spanning over 5000 sq. ft. the resort’s banqueting space makes it the ideal choice for social and corporate events. Abhishek Gupta, Managing Director, ECAVO Hospitality, said “We are thrilled to partner with IHCL to introduce the Gateway brand to Prayagraj. This hotel will be a premier destination for domestic and international travellers, offering them an unparalleled experience.” Playing host to the renowned Kumbh Mela, Prayagraj, formerly known as Allahabad, attracts millions of pilgrims from around the world. Th city is also an emerging corporate hub due to the presence of the Allahabad High Court and several educational institutions.

With the opening of Golden Tulip, it becomes the second Golden Tulip hotel and the sixth hotel under Sarovar Hotels portfolio. Sarovar Hotels announced the grand opening of Golden Tulip Vagator, a stylish retreat located in the heart of North Goa. Known for its golden sands, dramatic red cliffs and thriving nightlife, Vagator is one of Goa’s most scenic and exciting destinations. This latest addition to Sarovar’s upscale Golden Tulip portfolio enhances the group’s growing presence in Goa, delivering a perfect blend of relaxation and adventure for both leisure and business travellers. Golden Tulip Vagator offers 30 elegantly designed rooms across two categories – Superior and Deluxe with modern amenities and captivating views of greenery or pool. The hotel provides guests with a rejuvenating escape, offering a wide range of facilities, including an outdoor swimming pool, fitness centre and two dining options: Tulipe, an all-day dining restaurant with a capacity of accommodating 60 guests and Chill, a tropical bar and lounge with a capacity of 25 guests. The hotel’s proximity to Vagator Beach, Chapora Fort and other major attractions makes it the ideal choice for anyone looking to experience the beauty and culture of Goa. Ajay K. Bakaya, Managing Director, Sarovar Hotels and Director, Louvre Hotels India, commented, “We are thrilled to announce the launch of Golden Tulip Vagator in partnership with Prime Avia Consultants. Located in the heart of North Goa, Vagator is truly a hidden gem, and we believe our guests will be captivated by its stunning landscapes, exceptional service, and modern design. Our vision is to create an unforgettable experience that harmoniously blends Goa’s unique charm with world-class hospitality, establishing it as the go-to destination for travellers …

Anjushree Hotel, Ujain won the ‘Best Luxury Hotel-Madhya Pradesh’ award at the India Travel Awards 2024. “The award showcases Ujjain’s ability to deliver world-class hospitality services,” said Amitava Saha, the General Manager of five-star luxury property, after receiving the award.

Hotels in India are witnessing unprecedented wedding bookings this season. Properties are nearly sold out for key dates, with rates increasing by up to 25%. Unique offerings and services are being launched to cater to the growing popularity of destination weddings in Udaipur, Goa, and beyond.

Mementos by ITC Hotels, Ekaaya Udaipur won ‘Luxury Resort of the Year’ at ITA 2024. From shimmering lakeside to vast realms of the Magical Forest, this property is surrounded by the Aravalli hills, and has 64 suites. Responsible luxury is the bedrock of belief and commitment for ITC Hotels.

KB Kachru, President, HAI and Chairman Emeritus & Principal Advisor, South Asia, Radisson Hotel Group, said at a recent event, “Investment in training and resources that empower hotels to progress on their journeys of sustainability is a key factor that will drive India to its goals of Netzero.”

According to the 2nd edition of Booking.com report, ‘How India Travels 2024 – The Inbound Edit,’ prepared in collaboration with Accenture, 52 per cent of inbound travellers seek India as a standalone destination, while 22 per cent intend to combine their visit with other Asian countries.

Leading hospitality chain Royal Orchid Hotels Limited (ROHL) announced its 5th property in Jaipur and 10th in Rajasthan while debuting its reimagined midscale brand – Regenta Place. Donning a fresh identity and design language, Regenta Place Jaipur aims to disrupt the value-driven mid-market space through a dynamic combination of vivacious social spaces, cutting-edge technology, and quirky décor. Arjun Baljee, President, ROHL said, “We are delighted to create a distinct visual identity for “Regenta Place.” This will help us further create a clear distinction in our portfolio of properties, both for our owners and for our guests. By focussing on a modern aesthetic to local design, we hope to create a brand that is relevant to the micro-market it operates in. Over a period of time, we hope to roll this out across the platform of Regenta Places, so that they are consistent with the broader vision of providing fresh and vibrant spaces to young and modern travellers.” “The new property serves as a testament to our ongoing dedication to consistently innovating and remaining relevant in the industry. In the near future, the travel and hospitality industry will be significantly influenced by the increasing emphasis on experience-driven travel by Gen Z and Millennials. However, the moderate-tier segment of the Indian hospitality industry is distinguished by a visible service gap. The rebranding of Regenta Place is a step in the direction of creating a niche brand that can align the aspirations and budget considerations of young Indian travellers without compromising on the quality of their stays,” Baljee added. Accommodation at the 40-key hotel is thoughtfully furnished with functional amenities and decorated to reflect a contemporary yet quirky look. To meet the discerning …