Category Archives: Hotels

IHG marks re-entry into Bangladesh with opening of InterContinental Dhaka

InterContinental Hotels Group has announced the opening of InterContinental Dhaka in partnership with Bangladesh Services. The luxury hotel is situated at Minto Road, with easy access to the downtown business district. Located in the heart of the city, InterContinental Dhaka is easily accessible from all key city landmarks like the Prime Minister’s Office, Bangabandhu Sheikh Mujibur Rahaman Medical University, Bashundhara City Shopping Center, the famous Dhaka University Campus and renowned historical monuments. Built in a contemporary design, the hotel offers 226 stylish guest rooms, including 201 premium or deluxe rooms, 10 deluxe suites, 5 superior suites, 5 diplomatic suites and 5 presidential suites. Guests staying in the Club InterContinental Rooms can access the Club Lounge, to relax, work or enjoy exclusive dining options including breakfast, evening beverages and canapés. InterContinental Dhaka offers 2 ballrooms and 7 spacious meeting rooms equipped with the latest technology. With over 21,000 square feet of designed space for meetings and events, the hotel promises flawlessly executed corporate and social events. Vivek Bhalla, Regional Vice President, SWA, IHG, commented, “Today is a milestone occasion for us as we announce the opening of InterContinental Dhaka – a stunning property that will offer the guests a luxurious experience with signature facilities and high standards of service that we have become renowned for. We are confident that the hotel will be a great success and we look forward to welcoming our guests from around the world. The opening also aligns with our strategy to expand our presence across brands, and key cities in the SWA region.” Md Mohibul Haque, Secretary, Ministry of Civil Aviation and Tourism and Chairman, Bangladesh Services, stated, “We are delighted to partner with IHG to open InterContinental …

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Taj opens Taj Aravali Resort & Spa, Udaipur

Taj has opened its second hotel in Udaipur – Taj Aravali Resort & Spa. Nestled in the foothills of the picturesque Aravali mountain range, the resort is spread across 27 acres of lush landscaped gardens. Puneet Chhatwal, Managing Director and Chief Executive Officer, The Indian Hotels Company Limited (IHCL), said, “Taj has been instrumental in developing India’s tourism potential in Rajasthan and putting the state on the global map with the iconic Taj Lake Palace, Udaipur, since 1970. With the opening of Taj Aravali Resort & Spa, we are enhancing our offering for the global traveller and reinforcing our commitment to Udaipur – the Venice of the East.” The resort has 92 luxurious rooms, suites and tents with panoramic views of the Aravalis. The design ethos is contemporary with a mix of traditional Rajasthani influences and furnishings inspired by Mewar’s world-class equestrian heritage. The hotel is conveniently located an hour away from the airport. Anand Nair, General Manager, Taj Aravali Resort & Spa, Udaipur, said, “Taj Aravali Resort & Spa is ideally located to enjoy nature while also staying connected to the pulse of Udaipur’s vibrant character. We look forward to welcoming guests to experience Taj’s legendary service.” Guests have a choice of distinctive culinary options which include an all-day diner – Tiri; a specialty vegetarian restaurant – Javitri; an alfresco grill – Ridgeview and a bar – Odeypore Lounge.

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Chennai hotels grow at 2.2% in 2017-18

The overall Chennai hotel market displayed an average rate growth of 2.2 per cent in 2017-18 for the first time in little less than a decade, according to a recent study by Hotelivate. Over the past four years, while the city had seen an year-on-year increase in occupancy (with the exception of 2017-18), average rates remained under pressure. In fact, improving average rates has been an ongoing challenge, primarily due to the nature of demand in the city and hotels preferring to take the easier route of dropping rates to fill rooms. Moreover, several external forces such as the floods of 2015 and Cyclone Vardah in 2016 also hindered hotel performance, especially average rates, since these tragedies hit during peak season and hotels were forced to adopt a volume strategy to fill rooms. Looking at five years of historical data, occupancy across the city has grown at a CAGR of 3.7 per cent, while average rates depicted a negative CAGR of 1.8 per cent, over the same period.

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Over 80% CEOs expect robust growth in hospitality space

Over 80 per cent CEOs from leading hospitality firms in India believe that the sector will see robust growth in the coming years, according to a latest report titled ‘Hospitality insights from the Indian CEO’s desk’ by Confederation of Indian Industry (CII) and PWC. Eighty-three per cent CEOs believe that revenues from business travellers will grow significantly over the next few years. Although MiCE has not been a significant contributor to the Indian hospitality sector so far, this trend is likely to change with better planning as well as improved infrastructure. On the other hand, few CEOs believe that leisure travel will keep pace with growth seen in business travel and MiCE.

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DoubleTree by Hilton opens in Ahmedabad

Hilton has announced the opening of DoubleTree by Hilton in Ahmedabad, Gujarat. The property, which is the latest addition to Hilton’s growing portfolio in India, is centrally located in the heart of India’s first World Heritage City near the Sarkhej–Gandhinagar Highway. The property is a unit of Hirise Hospitality and is managed by Hilton. Navjit Ahluwalia, Senior Vice President and Country Head, Hilton India, said,“Ahmedabad is an important business and commercial destination, and we are thrilled to mark our presence with the opening of our first DoubleTree by Hilton property here. We are delighted with our collaboration with Hirise Hospitality and look forward to welcoming our guests with exceptional experiences and warm hospitality as we expand Hilton’s portfolio of world-class brands in the country.” Towering over the central business district, DoubleTree by Hilton Ahmedabad is ideally located to provide guests easy access to the city’s major industrial hubs, business district and shopping, and dining and entertainment arenas for a holistic destination experience. Tanmay Bathwal, Managing Director, Hirise Hospitality, said,  “DoubleTree by Hilton Ahmedabad is proof of our continued belief in the growth of Gujarat, particularly Ahmedabad city.”  The hotel offers comfortable accommodations, smartly-designed meeting spaces and the tastefully-curated food and beverage outlets in the city. We look forward to welcoming guests here.” DoubleTree by Hilton Ahmedabad offers a variety of dining and entertainment choices and boasts the city’s first outdoor rooftop swimming pool. The hotel presents two dining outlets, Wave, the all-day dining restaurant offering a delectable buffet spread of Indian, Southeast Asian and Western flavours, and Hop, the café-style lobby lounge that offers grab and go snacks and beverages. For guests who enjoy service round the clock, the hotel …

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Swiss Spirit Hotel & Suites Bahadurgarh to open doors on December 1, 2020

Swiss International has announced that it has entered into a management agreement with H&L Residency for a Swiss Spirit Hotel & Suites in Bahadurgarh. The 88 rooms and suites hotel, currently under construction, is scheduled to opening its doors and start welcoming guests on December 1, 2020. Swiss Spirit Hotel & Suites Bahadurgarh will be the hospitality facility at the unique HL City’s Avenue 37 commercial complex spreading over three acres of land. The commercial complex will consist of numerous shopping venues including a hypermarket, offices and work spaces, a food court and family entertainment facilities and zones. Kapil Singhal, Area Director, Swiss International Hotels & Resorts—India, expressed his enthusiasm saying, “We are excited to introduce the Swiss International hospitality to Bahadurgarh which will complement Avenue 37’s outstanding facilities!” Singhal further went on to say that “With Avenue 37 and Swiss Spirit Hotel & Suites Bahadurgarh, both regional and domestic travellers will be very well catered for.” In a statement made to the press, Henri Kennedie, CEO & President, Swiss International Hotels & Resorts, said, “India has a GDP forecast of $4,227 billion in the year 2022 and is expected to be one of the top three economic powers of the world in the next 10 to 15 years. With the new Swiss Spirit Hotel & Suites in Bahadurgarh, we are one step further in achieving one of our goals in contributing to the emerging economies globally”. Swiss International now has seven hotels signed in India, Nepal and Pakistan.

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Bloom hotels now in Janpath, New Delhi; targets 100 hotels by 2020

Bloom Hotels has opened its latest property in the heart of Delhi at Janpath with bloomrooms @ Janpath. The rapid execution is part of the group’s growth plan to build 100 hotels by 2020 and also signals the launch of a comprehensive pan India roll-out. With properties in Delhi, Gurugram, Bengaluru and Goa, Bloom Hotels is now expanding across India with 50 hotels to be signed in Tier-II markets over the next few months. Speaking on the occasion at the launch of the hotel, Tom Welbury, Vice President Strategy, Bloom Hotel Group, says, “We are very positive about the success of the hotel. In this location, there isn’t any mid-scale hotel that offers quality. We are offering that to our customers and we will be catering both to the corporates and leisure guests. We have have set a new record by building and launching the entire property in less than 100 days. With this kind of pace and efficiency, I am sure we will meet our target.”

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Another Taj-branded hotel opens in Lucknow

The Indian Hotels Company Limited (IHCL) has announced another Taj-branded hotel in Lucknow, in partnership with Luxus Hospitality. With this addition, IHCL will now have three hotels across two of its brands in the city. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “We are delighted to partner with Luxus Hospitality. This signing is aligned to Aspiration 2022 with its focus on aggressive domestic growth. The company is optimistic about Lucknow as it is an important centre for governance, business, culture and tourism.” The Taj-branded hotel will be located at Vibhuti Khand, New Gomti Nagar Centre with close proximity to key corporate parks, institutions and recreational facilities. It will comprise 185 spacious guest rooms, an all-day diner, a specialty restaurant, a bar, a wellness area and banqueting facilities. Amit Singh, Director, Luxus Hospitality, said, “We are proud to partner with The Indian Hotels Company Limited for its iconic Taj brand and bring their famed hospitality to Lucknow.”

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‘The Postcard Hotel’ launched with three luxury hotels in Goa

Set to redefine the luxury hospitality scenario, ‘The Postcard Hotel’ has been launched by its Founder and CEO, Kapil Chopra, at a press conference held in Delhi. The Postcard Hotel is a brand of unique, intimate luxury hotels in India and the world. Transformative experiences and local community are at the heart of The Postcard Hotel’s offering. “What I wanted to do with The Postcard Hotel, is make luxury hotels for the modern audience but bring back the romance and charm of holidays. We wanted it to be rich in its experience but also wanted it to be simple. We believe guests want to stay in a place where the hotel does the thinking for them, where they get the simple things right, yet offer fantastic spaces for them to relax, meet like-minded people and experience local culture. This is why, we handpick our locations and our hotels, so that guests have a different experience whether they are in Goa or overlooking the snow-clad Himalayas,” stated Chopra. In an unprecedented move, The Postcard Hotel has announced the opening of three luxury hotels on the opening day, ready to receive guests that are spread across unique neighbourhoods in Goa – The Postcard Moira, nestled in one of the four heritage villages of Goal; The Postcard Velha, surrounded by 300 acres of virgin coconut plantations in old Goa; and further south, The Postcard Cuelim, that houses a 350-year-old chapel. The brand is committed to building and operating 50 hotels in the next five years. In the next 12 to 18 months, the brand will be present in Uttarakhand, Karnataka, Dhauladhar Mountain Range, Sikkim, Darjeeling, Sundarbans and Kanha.  

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Number of premium rooms across 12 key cities to go up to 98,900 by FY2023: ICRA

The number of premium rooms across 12 key cities is likely to go up from 82,800 in FY2018 to 98,900 as on FY2023, with ICRA research tracking about 16,100 premium rooms under construction and to be launched over the next five years. The Indian hotel industry witnessed its highest ever 10-year occupancy in FY2018 and its revenue per available room (RevPAR) was higher by 17 per cent compared to the 10-year low, witnessed in FY2014. Similarly, the pan-India average room rate (ARR) which stood at Rs 5,800 in FY2018, was also the highest since FY2014, according to a recent research by ICRA. Foreign Tourist Arrivals (FTAs) into India slowed down from April 2018 onwards due to the Nipah virus scare and diversion of traffic to other global events such as the soccer world cup in Russia. While the FTAs growth picked up in Aug 2018, the Kerala floods impacted it in Sep and Oct 2018. Kerala witnessed decline in FTAs in Q2 (-4.6 per cent) and Q3 CY2018 (-13.6 per cent). In addition, there was general weakness in the global ITAs during Q3 CY2018. As for the domestic demand momentum, it has remained strong; the domestic revenue passenger kilometre (RPKM), a proxy for domestic travel grew by a robust 20.3 per cent year on year (YOY) in YTD October CY2018 at ~ 10.5 million passengers. Domestic demand in FY2019 will continue to be driven by increased air connectivity and higher appetite for domestic leisure travel. On the supply side, the supply of room is likely to lag demand over the medium term and grow at a subdued CAGR of 3.6 per cent over the next five years (FY19-23).

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