Category Archives: Hotels

ITDC records Rs.17.5 cr net profit before tax during 2016-17

India Tourism Development Corporation (ITDC), conducted its 52nd Annual General Meeting at The Ashok, New Delhi. Chairing the meeting, Ravneet Kaur, IAS, Chairperson & Managing Director, ITDC, announced that corporation closed the year with a turnover of Rs. 495.14 crore during 2016-17. The net profit before tax has been recorded to Rs.17.52 crore during 2016-17. Also, the board declared and approved a dividend of 13.30 per cent amounting to Rs.11.41 crore approximately in the meeting held on May 30, 2017. Other Board of Directors present during the meeting included Piyush Tiwari, Director (Commercial & Marketing), Pradip Kumar Das, Director (Finance), government nominee directors and independent directors. The CMD announced that ITDC has shown a significant improvement in the operational efficiency. Overall occupancy during 2016-17 was 58 per cent as against 52 per cent during 2015-16 with flagship Hotel ‘The Ashok’ recording highest turnover of Rs. 152.91 cr during 2016-17. The board said that a big push is being given to connect ITDC with new customers especially with younger generation through print and social media. Steps are being taken to make ITDC website more attractive and user friendly.

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Sarovar Hotels takes over a new hotel in Bengaluru

Sarovar Hotels has announced the signing of its latest hotel in Bengaluru, La Marvella Sarovar Premiere. The takeover is expected to be completed by the first week of November. La Marvella Sarovar Premiere, Bengaluru – Jayanagar, is Sarovar’s fifth hotel in the city after Davanam Sarovar Portico Suites, RBD Sarovar Portico, Park Plaza and Radha Hometel. La Marvella Sarovar Premiere is promoted by SVG Exports offering all facilities and services of an upscale five-star business hotel located in Jayanagar. With 102 rooms, a multi cuisine restaurant and a lounge bar, the hotel ensures guests a great stay. An Italian specialty restaurant will soon be introduced to bring a unique culinary experience to guests. Commenting on the development, Ajay K. Bakaya, Managing Director, Sarovar Hotels, says, “We are delighted to be signing a deal for yet another hotel in Bengaluru. La Marvella Sarovar Premiere located at a prime destination in the city is ideal for business as well as lesiure travellers. With Bengaluru emerging as one of our key markets, we look forward to further growth and increased traffic contribution from our hotels here. We will continue to focus on our expansion and also strengthen our position as we look to spread farther across South India.”  

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Berggruen Hotels opens new properties in Port Blair and Ramgarh

Berggruen Hotels announced the launch of two new properties – Keys Hotel Aqua Green in Port Blair with 48 rooms and suites and Keys Prima Aamari Resort in Ramgarh with 22 executive rooms and three executive suites. The room tariff for the property in Port Blair and Ramgarh starts from Rs 6500 per night and from Rs. 6000 per night respectively. Anshu Sarin, Chief Executive Officer, Berggruen Hotels, elaborates on the company’s aggressive expansion plans and says, “We are really grateful to our hotel partners who have shown faith in us to manage their properties. With the launch of ‘Your Happy Stays’, Keys as a brand is set to differentiate and offer enhanced experience to the ever evolving customers. With this new brand promise we reiterate our commitment to our guests and importantly to ourselves.” Commenting on the growth plans, Kabir Kewalramani, Managing Director, Berggruen Holdings, says, “We have deepened our investments in the brand in order to expand the portfolio and make Keys a dominant brand across its product offerings. We are optimistic about the business and feel it is a right time to focus on growing scale in the Indian market.”

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Lord’s 2nd offering in Bengaluru: 53-room Lords Eco Inn Mysuru Road

Mid-market hospitality chain, Lords Hotels & Resorts has announced the launch of its 27th hotel property in Bengaluru. Located on Mysuru Road, the 53-room property is branded under Lords Eco Inn and is Lords Hotels & Resorts’ second property in the metropolis. The hotel is scheduled to commence operations shortly. The launch of this property brings the hotel chain’s target of expanding to 40 properties by 2020. The hotel chain has announced its ambition to increase presence in the Southern states of India and has hinted at upcoming projects in Kerala, Tamil Nadu and Andhra Pradesh besides Karnataka. “Lords Eco Inn Mysuru Road will be our second hotel in Bengaluru and the third in the southern region. Over the years we have steadily broadened our product portfolio in terms of the segments in which the properties operate and also through the destinations at which they are present. Today we cover a gamut of hospitality products and services. We are pleased to announce the launch of Lords Eco Inn Mysuru Road and are positive that tourists will appreciate the availability of budget friendly accommodations in one of India’s busiest cities,” says P.R. Bansal, Managing Director, Lords Hotels & Resorts. Lords Eco Inn Mysuru Road, formerly Metro View Inn, is located at a distance of just 500 meters from the Mysuru Road metro station and is 5 km away from the City railway station. “This is an exciting opportunity for us and we are confident about the kinds of value add which Lords Hotels & Resorts can bring in. Lords Eco Inn Mysuru Road is only the beginning and we look forward to taking this partnership ahead with a few of our …

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India Sales Associates showcases products in Delhi

India Sales Associates, which has been representing Banyan Tree Hotels & Resorts for many years in India, organised a showcase for the travel trade at The Park, New Delhi, for all the brands they are representing now, including Far East Hospitality Group; Panacea Koh Samui; Oasia Suites, Kuala Lumpur, Malaysia and Nusa Dua Hotel & Spa, Bali. Representatives from two properties of Banyan Tree Hotels & Resorts—Banyan Tree Seychelles and Banyan Tree Ungasan were also present at the showcase. Manas Sinha, Director, India Sales Associates, shared that they organised the event because their partners do get business from India, but not enough in terms of the potential that India has. “Our partners want to do some product knowledge with our travel partners. Hence, we have organised a closed door, by-invitation-only B2B product training as well as networking sessions. Our partners are looking to expand their base to our network as a GSA in India and further increase their market share from India,” said Sinha at the event.

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Sarovar Hotels signs new hotel in Jhansi

With over 75 operating hotels across 50 destinations in India and Africa, Sarovar Hotels & Resorts has signed an agreement for a 72-room hotel, Nataraj Sarovar Portico Jhansi. Owned by Nataraj Sai Hotels, Nataraj Sarovar Portico is expected to open in January 2018. With a prime location, the hotel under development has 72 rooms with all-day dining, bar, banquet halls, conference & meeting facilities, swimming pool, gymnasium, salon and rooftop open air banquet space. It is located in the center of city about 2 km from Railway Station. Commenting on the development, Ajay K. Bakaya, Managing Director, Sarovar Hotels & Resorts, said, “We are happy to open a Sarovar Portico hotel in this historic city of Uttar Pradesh. With its significant development and rich antiquity, Jhansi is an important destination with rising number of visitors from across the country. It is an important location for us and a significant addition to our portfolio. This will the best hotel in the city and will cater to the needs of Corporate, Groups, Leisure and MICE.” Some of the expected openings this year include hotels in Amritsar, Raipur, Mahipalpur, Somnath and Jaisalmer.

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Dusit International opens global sales office in India

Thailand-based hotel and property development company, Dusit International, has opened a new Global Sales Office (GSO) in Mumbai, India, to promote Dusit Hotels & Resorts in India. The new office will manage sales across all market segments, including leisure, MICE and corporate business. Primarily, the team will focus on tier-I cities, such as New Delhi, Mumbai and Bengaluru, but will also cover smaller cities. Keshwar Bhagat, Director of Sales – GSO India, will head the India office. Lim Boon Kwee, Chief Operating Officer, Dusit International, says, “With the volume of outbound travel increasing by about 25 per cent a year, India is now one of the fastest growing outbound travel markets in the world. If the prediction of United Nations World Tourism Organization (UNWTO) about the number of outbound Indian travellers reaching 50 million by 2020 is likely to be true, now is the perfect time for us to open a GSO in the country. This comes in tandem with our own growth, which will see our current tally of 29 hotels and resorts crossing 80 worldwide within the next three to four years.”

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Hyatt Regency Lucknow opens doors

Hyatt announced today the opening of Hyatt Regency Lucknow, the first Hyatt-branded hotel in Lucknow. Hyatt Regency Lucknow is the 27th Hyatt-branded hotel in India and further expands the company’s brand presence in South Asia. With 206 guestrooms, including 19 suites, Hyatt Regency Lucknow offers elegantly decorated, bright and spacious accommodations. Kurt Straub, Vice President, Operations for India at Hyatt, said, “The opening of Hyatt Regency Lucknow marks a significant milestone for the Hyatt Regency brand as it continues to expand its footprint throughout India.” “Not only is the hotel strategically located for business travelers visiting Lucknow, it is also well positioned for leisure guests who are interested in enjoying a journey through the Uttar Pradesh Heritage Arc of Lucknow, Agra and Varanasi.” “We are delighted to announce the opening of Hyatt Regency Lucknow in the dynamic capital of the largest and most populous state of India. Chartered Hotels Private Limited remains focused on developing full service hotels across tier one and tier two cities in India for the ever growing business and leisure traveler,” said Varun Saraf, managing director, Chartered Hotels. “The hotel’s strategic location along with the food and beverage offerings and large state-of-the-art meeting and banqueting facilities will provide guests with an unforgettable experience which Lucknow has not yet seen.” Conveniently located in the corporate hub of Vibhuti Khand, Hyatt Regency Lucknow is designed to connect business and leisure travelers to all Lucknow has to offer. The hotel is in close proximity to the city’s High Court and multiple public sector head offices, and the Chaudhary Charan Singh International Airport is less than 16 miles (25 kilometers) away. Additionally, landmarks and tourist attractions include Bara Imambara, La …

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Six Senses makes Indian debut with first resort in Rajasthan

Six Senses Hotels Resorts Spas has announced plans to open Six Senses Fort Barwara featuring 48 suites in Rajasthan – its first in India. Situated 68 miles (110 kilometres) southeast of Jaipur, the property is located in the village of Chauth ka Barwara on the site of a 700-year-old fort, which was owned by the Rajasthani royal family. Prithviraj Singh, heir of the family, is now restoring the fort to its previous glory in tandem with Espire Group. The project team will seek the five-star green rating for the Integrated Habitat Assessment (GRIHA) certification, the highest classification of national sustainable design ratings in India. Bernhard Bohnenberger, President, Six Senses, said, “Six Senses Fort Barwara marks the second heritage property that Six Senses will manage. It is slated to open in late 2018.” Six Senses Fort Barwara will feature two restaurants, a bar and a lounge, a spa and a fitness centre spread over 30,000 sq ft, two swimming pools, a banquet space, a retail boutique and a kids club. The key focus of the landscape concept is at reinterpreting the gracious and regal ambiance experienced at Rajasthan’s royal forts and palaces. Rooted in the rich history of the fort, the design will include traditional gardens and water features as well. Shekhavati art will be used to depict the rich history of the fort in the landscape. A Six Senses Spa, located in the original women’s palace, will feature an extensive ayurveda programme, meditation and Six Senses Integrated Wellness programmes, including Six Senses Integrated Wellness and Sleep with Six Senses. Thirty minutes from the Ranthambhore National Park, Six Senses will offer daily safari drives into the 1,400 sq km park.

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