Category Archives: Hotels

High disposable income driving India’s domestic travel

According to a report titled ‘Hospitality insights from the Indian CEO’s desk’ by CII and PWC, the biggest driver in the growth of domestic travel in India is high disposable income. With the buoyant growth in the Indian economy, the Indian middle class has higher disposable income. This has been identified, by about 94 per cent of the respondents as a key factor for the increased domestic travel across the country. Over 40 per cent of the respondents believed that the increased demand would come from new locations largely due to better access and improved infrastructure. Therefore, a significant supply is being developed and likely to develop at such locations. Higher disposable income is driving domestic tourism. In terms of promotion, all the options available today can be seen online and it is very convenient for customers to access the available options. This has made a huge difference to the industry. Growth in the domestic travel has also accentuated the demand for different categories of hotels. Affordability and quality of experience are key factors in defining this shift away from five star to more budget category hotels. Although travellers value loyalty programmes and promotional schemes, the survey participants do not see it as a key determinant in selecting their accommodation. Other factors that are contributing to the growth in domestic tourism include access to online travel and hotel bookings.

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123-room Sarovar hotel to open in Somaliland, Africa

Sarovar Hotels and Resorts has announced its plans to open a hotel in Hargeisa, the capital city of Somaliland, which is a growing economy in East Africa. Ajay K Bakaya, Managing Director, Sarovar Hotels Pvt. Ltd. says, “In order to maximize further growth opportunities in Africa, we are delighted to announce another milestone in Sarovar’s expansion plan. This hotel is located in one of the prime locations of Somaliland close to the getaway port of Berbera and has good connectivity from Hargeisa Egal international airport as well for travellers to the country. Having successfully operated hotels in other countries of Africa, we now look forward to provide our signature hospitality in this growing country as well”. The hotel is very near to Somaliland’s Port of Berbera. There are plans for the port to be upgraded, the country’s commercial hub. Owned by Upper Hill Hotel, Sarovar Premiere Hargeisa, upon completion in 2020 will have a total of 123 rooms and suites; conferencing & meeting, an all-day dining restaurant and a swimming pool.

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Tata retains Delhi’s Taj Mansingh Hotel

Tata group’s Indian Hotels Company Limited (IHCL) has retained the iconic Taj Mansingh Hotel after an auction conducted by New Delhi Municipal Corporation (NDMC). “The lease for the property will be granted to the group for 33 years at double the license fees. IHCL will pay a license fee of Rs 7.03 crore per month including GST. Earlier, they were paying Rs 3.94 crore per month as license fee,” a senior NDMC official said. The other bidder in the auction held on September 28 was the ITC group of hotels . The Taj Mansingh was given to the IHCL in 1978 on a lease for 33 years, which ended in 2011. The company has been since given nine temporary extensions. Source: PTI

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Business travellers to generate maximum revenues over the next few years

Revenues from business travellers will grow significantly over the next few years, according to a CII-PwC report. 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. A large section of leisure travellers continue to perceive hotels as a luxury.

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IHCL expands presence in Nepal; signs new hotel in Kathmandu

The Indian Hotels Company Limited (IHCL) has announced the signing of a new Vivanta hotel in Kathmandu, marking the entry of the brand in the city. This will be IHCL’s second hotel in Nepal after Meghauli Serai in Chitwan National Park, a UNESCO World Heritage site. Commenting on the signing of this agreement, Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “We are honoured to partner with R&R Hotels and Resorts for this new hotel. Kathmandu is an extremely popular destination and this hotel will help us complete a tourist circuit with Meghauli Serai, our Taj Safari Lodge in Chitwan National Park.” The hotel will have approximately 111 spacious rooms and suites with a selection of rooms offering panoramic views of the city. The hotel will also include all-day dining and specialty restaurants, a bar, banqueting facilities and a spa. Commenting on the partnership, Rahul Chaudhary, Director, R&R Hotels and Resorts, said, “We have had a long standing association with IHCL for a range of hotels in multiple destinations. We are extremely proud to carry this relationship forward with the new Vivanta in Kathmandu.” Kathmandu has been at the centre of Nepal’s history, art, culture and economy. Some of the most popular attractions include the sacred and famous temple Pashupatinath, one of the biggest stupas in the world Boudhanath Stupa and Narayanhiti Palace Museum amongst others.  

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VITS Luxury Hotels launches VITS Upper Thane in Maharashtra

VITS Luxury Hotels has launched VITS Upper Thane, a luxury corporate hotel located in the fastest growing city of Kalyan. Located 35 minutes from Thane Railway Station, VITS Upper Thane is targeted at both corporate and leisure segments. Announcing the opening, Chandrakant Shetty, CEO, VITS Hotels says, “We are delighted to announce the opening of VITS Upper Thane, our seventh property in Maharashtra. It is a proud moment for us as we expand the brand’s footprint in this business district of Kalyan and Bhiwandi. We believe VITS Upper Thane – Bhiwandi with its stunning array of facilities and host of hospitality will appeal to both leisure and business tourists. VITS is positioned as a moderately priced full service luxury business hotel and enjoys high occupancy rate at all our properties nationality. We have a strong sales network across pan India and loyal customer base. As part of its domestic expansion plans VITS Hotels will unveil the VITS hospitality experience in Mumbai (Colaba), Porbunder and Mangalore shortly.”

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The Fern Residency opens in Miramar, Goa

The Fern Hotels & Resorts has added another hotel to its portfolio with The Fern Residency Miramar, Goa. Earlier known as Mystique Heights Beacon, the property has now been refurbished and rebranded as The Fern Residency Miramar, Goa. This takes the tally of hotels under the company’s management to 54 hotels. Commenting on the opening, hotel COO Suhail Kannampilly said, “This is the first hotel under the Fern Residency brand which we have opened in Goa. We look forward to opening many more such properties in future.” The Fern Residency Miramar, a 26-room boutique hotel, offers two different categories of rooms. The hotel provides medical assistance, 24-hour front desk, laundry/dry cleaning, concierge, spa, recreation activities, Wi-Fi and secretarial services on request. The dining options comprise Flamingo restaurant. Other options are Outer Deck where one can enjoy live barbecue in the open and Fame bar. The hotel is located 30 km away from Dabolim Airport, 18 km from Karmali Railway Station and 4 km from Panjim Bus Stand. The Miramar beach is few minutes away from the hotel.  

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The Park Hotels celebrates 50th anniversary in Delhi

The Park Hotels brought its year-long Golden Jubilee celebrations to The Park New Delhi on September 22. The event was presided over by Priya Paul, Chairperson, Apeejay Surrendra Park Hotels and Vijay Dewan, Managing Director, The Park Hotels. Speaking on the occasion, Paul said, “50 years is an important milestone and I am grateful to everyone who has been a part of The Park Hotels’ incredible journey. Our remarkable success is due to our solid foundation and values. Our vision of ‘Leadership Through Differentiation’ is manifested by each of our 15 hotels across India. My outstanding team and I look forward to creating unique experiences for customers and more value for our stakeholders.” The Park Hotels’ 50-year celebrations continue across India and will culminate at The Park Vishakhapatnam which also turns 50 in 2018. About 50 years ago, Late Jit Paul and Late Surrendra Paul took the hospitality industry a notch higher when Apeejay Surrendra Group’s first hotel The Park Kolkata, a contemporary luxury property was opened on November 1, 1967. Since then, The Park Hotels has taken the path of creating a unique collection of luxury boutique hotels. Tapping into the ever-shifting pulse of society, the edgy design and imaginative spaces have brought together the pioneers of creativity to engage with each other and with the hotels.

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ITC Hotels acquires Park Hyatt Goa Resort and Spa

ITC Hotels has announced the successful acquisition of Park Hyatt Goa Resort and Spa as part of an auction held by Industrial Finance Corporation of India (IFCI) for Rs 541 crores in 2015, and upheld by the Supreme Court in its March 19 judgement. Park Hyatt Goa Resort and Spa at Cansaulim, spread across 45 acres and comprising 252 Indo-Portuguese style rooms and suites, is currently under renovation and will soon echo ITC’s standards of excellence.  The sprawling property is currently under minor renovation to comply with all the ITC’s exemplary sustainability practises to deliver the best of luxury to its customers. Commenting on the chain’s entry into Goa, Nakul Anand, Executive Director, ITC said “ITC is pleased to announce the latest addition to its luxury hotel portfolio in the hospitality landscape of Goa. This has been a long-awaited destination for ITC and we welcome the opportunity to be integrated into the multi-faceted culture and ethos of Goa.” He further added, “In order to ensure business continuity and seamless transition, the leadership team of ITC Hotels is at hand to support the current team of managers and associates. ITC Hotels has received tremendous support from key officials in the state government to ensure that we can recommence operations at the earliest and support the tourism goals of this great state.”    

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Louvre Hotels launches Kyriad brand in India in partnership with Orange Tiger Hospitality

Louvre Hotels Group has introduced its Kyriad brand in India and has announced a plan for expansion across the country. Together with the acquisition of the Sarovar Hotels & Resort chain in January 2017, it has further broadened the network of Golden Tulip, Tulip Inn and Royal Tulip brands, and now has 126 hotels. Under the terms of the agreement with the Indian operator, as of 2018, Orange Tiger will be operating eight hotels under brand Kyriad by mid-October and fifteen by the end of this financial year and then at least ten new hotels will open every year. The scope of the agreement is not just limited to India, but it also encompasses opportunities for development in Nepal, Sri-Lanka, Bangladesh, Bhutan, The Maldives, Pakistan and Mauritius. Saurabh Chawla, Global Chief Development Officer, Louvre Hotels Group, said, “Our goal is to become one of the top hospitality group by 2023. This calls for a strategic approach to countries with high growth potential such as India, where we introduce new brands that complement our existing presence and are tailored to address the needs of domestic and international, business and leisure travellers.” Abhijeet Shrivastava, CEO, Orange Tiger Hospitality, “The demand for mid-scale full-service hotels is ever growing in India and over the past few years, the liking for an International brand is on an upswing. With our expertise of managing the hotel operations as well as revenues, we are sure to take brand Kyriad to newer heights in South Asia.”

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