Category Archives: Hotels

Softbank-backed Indian hotel aggregator Oyo Hotels seeks a valuation of upto $12 billion

Oyo Hotels have filed for a local listing, seeking a valuation of $10 billion to $12 billion that could be the first for a hospitality firm since 2019. The initial public offering (IPO) comes as travel restrictions are being alleviated worldwide and the tourism sector sees a rebound, with stuck-at-home people heading out on vacations. The offering will consist of a fresh issue of shares of up to 70 billion rupees and an offer for sale of as much as 14.30 billion rupees, as per a copy of its draft red herring.

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Accor enters Chandigarh with a 120-room Novotel property

French hospitality major Accor is launching a full-service 120-room Novotel property in Chandigarh, with an outdoor plunge pool, a gymnasium and multiple meeting, wedding venues, that marks addition of 21st Novotel in India. “India presents substantial opportunities to grow our midscale brands. We believe that Novotel will be an ideal brand for the Chandigarh market as it caters to both corporate and leisure travellers. We are excited to enter a new market which further bolsters our position in North Indi,” said Puneet Dhawan, Senior Vice President of Operations, India and South Asia, Accor.

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Hyatt Place Gurgaon’s spirited offer for this Cricket Season

With your favourite game, cricket round the corner, Hyatt Place Gurgaon brings in all the excitement that will not only satiate all your cricket thirst but also let you unwind with your pals amidst a thrilling and sporty ambience. Hyatt Place Gurgaon has come up with an exciting offer for all the cricket enthusiasts in the city. The hotel is offering beer at a price of Rs. 99 valid during the Delhi team match days and is applicable during the match timings only. Coupled with great food from our all-new multi-cuisine menu recently, cricket lovers can now indulge in this amazing experience during all the Delhi match days. Following the slogan “Safety First. Wellbeing Always”, Hyatt Place Gurgaon maintains enhanced safety and cleanliness protocols along with the highest quality of food as per standards. Hyatt Place Gurgaon Udyog Vihar offers: 176 spacious and comfortable rooms (126 King rooms, 12 Pool View and 38 Specialty rooms) measuring 30sq mtr each featuring a 42-inch flat HDTV and a Cozy Corner in the guestrooms Free Wi-Fi access throughout the hotel 2,720 square feet (253 square meters) of flexible, high-tech meeting and function space Buffet Breakfast, featuring freshly prepared breakfast sandwiches, a variety of fresh fruits, hot and cold cereal, yogurt, breads, premium coffee, and an assortment of juices A multi-cuisine Restaurant featuring local and regional specialties, made-to-order entrées and appetizers around the clock The Bar featuring specialty coffees and premium role beers, as well as wines and cocktails A 24X7 Fitness Center, offering advanced cardiovascular and strengthening equipment’s Relax and unwind at the outdoor swimming pool, while enjoying the pleasant weather and green surrounding Free public computers with internet access and remote printing

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Steve Borgia curated Tamil Nadu Police Museum opens in Chennai

The Tamil Nadu Police Museum at Egmore, Chennai, which has been curated by Steve Borgia, CMD, INDeco Hotels, has been opened to the public and was inaugurated by Chief Minister MK Stalin on Tuesday. The museum is home to a number of artefacts, dating back to as many as 200 years. Some of the artefacts displayed in the museum have even been seized from sandalwood smuggler Veerappan, LTTE Prabhakaran. The building itself used to be the old Commissioner’s office of Chennai Police from 1856 to 2013. Now, the building was converted into a museum at the cost of Rs 6.47 crore. Steve Borgia, the curator of the state-of-the-art museum, stated that it is a commemorative way of appreciating the sacrifice by the state police force and their commendable job in maintaining law and order. “A miracle just happened. I spent my Corona Lockdown Time to fulfil my desire to create an outstanding international Standard Police Museum in Chennai and housed it in the 160-Year-old Police Commissioner’s building on Pantheon Road, Egmore, Chennai. rare Museum Objects relating to Police of Yesteryear have been loaned to this Historical Museum by INDeco Hotels Swamimalai (www.indecohotels.com),” revealed Borgia.

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Tourism sector has to go digital and green to remain relevant: Amitabh Kant

Amitabh Kant, CEO, NITI Aayog has said that the travel, tourism and hospitality industry have to go digital and green to convert the crisis into opportunity. He highlighted that this is important for attracting capital as well as enhance valuation. Kant was addressing the hoteliers at the HICSA Hotel investment conference in Delhi. The global pandemic will demand radical changes the way businesses are operated. Europe will be putting rigorous restrictions on unsustainable travel beyond 2026. The travel tourism industry have to take those as challenges and change themselves by going green, Kant said.

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Marriott International signs on 22 new hotel agreements in South Asia during the pandemic

Marriott International president Asia Pacific (excluding Greater China) Rajeev Menon said: “In a highly unpredictable year, these signings are a testament to Marriott International’s resilience and agility in driving strong growth within a hospitality landscape that continues to evolve,” commented. “It is a sign of confidence from our owners and franchisees who have been an integral part of our growth journey. We are grateful for their continued support and trust in the power of our brands as we continue to welcome back travellers.”

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Zone Palace Phalodi announced in Rajasthan

Apeejay Surrendra Park Hotels has announced the signing of a heritage hotel – Zone Palace Phalodi in Rajasthan under its upscale social catalyst brand, Zone by The Park. Popularly known as the ‘Salt City’, Phalodi is a town in Jodhpur district, famous for its rich culture, whose history can be traced back to the 15th century. The hotel is undergoing a phased upgradation and will be all set to welcome guests this winter season. Vikas Ahluwalia –General Manager and National Head –Zone by The Park Hotels said, “We are extremely delighted to add the unique heritage hotel to our brand, strengthening our commitment towards Rajasthan and Domestic Tourism, and bolstering our presence along with Zone by The Park Jaipur and Zone by The Park Jodhpur. We are raring to welcome guests and offer a slice of Zone hospitality in the region again.”

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Crown Plaza celebrating ‘World Tourism Day’ with food festival ‘The Culinary Renaissance.’

Edesia, the global cuisine restaurant at Crowne Plaza New Delhi is hosting a one of its kind food fest ‘The Culinary Renaissance’ to celebrate the occasion of ‘World Tourism Day’. This week-long festival attempts to celebrate tourism’s ability to drive inclusive development and the role it plays in promoting respect while generating opportunities for many millions across the globe via thematic culinary nights.There will be regional cuisine based Theme Nights, different cuisine every day with special offers for the Hospitality, Travel & Tourism fraternity professionals, The festival would be celebrated from 24th September to 30th September, 2021

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Radisson Hotel Group announces 100 operating hotels in India, plans to open 14 new in 2021

Radisson Hotel Group is proud to achieve a milestone of 100 operating hotels in India with the opening of Radisson Bhopal. It plans to open 14 new hotels in 2021 and more than 60 hotels in the next five years. “This is indeed a nostalgic point in our journey of over two decades. Since inception in the 1990s, Radisson Hotel Group has charted out a success story and played a significant role in transforming the Indian hospitality industry. I am truly grateful to our guests, owners, employees and the extended hospitality industry for their tremendous support to help us reach this milestone,” said KB Kachru, Chairman Emeritus and Principal Advisor, Radisson Hotel Group, South Asia.

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Fortune Hotels’ South Goa property at Benaulim

Fortune Hotels has signed an operating agreement for a resort in Benaulim, South of Goa, which is set to open in October. The resort is the third alliance of the chain in Goa. Samir MC, Managing Director, Fortune Park Hotels, said, “With this signing, we expand our leisure portfolio and now have three distinct offerings in the most popular holiday destination of India- an operating hotel in Panjim and an upcoming hotel in Candolim in the North, along with this balmy 96- key resort in the South of Goa.”

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