Category Archives: Hotels

OYO Hotels is now managing 500,000+ rooms in China and is seeking to invest $100M in quality of infrastructure, service with continued focus on talent. Shella Ng, General Counsel, OYO China, commented, “For the year 2019, we have recognized key priorities, including a deep and wide expansion of OYO’s chain while ensuring a consistent product and service delivery, and high-quality customer experience. To that end, we are continuously working towards establishing the highest standards of quality, compliance, and integrity.”

Located in the heart of Delhi University, North Avenue by Spree is few mins away from the prime shopping hubs and historical places like Gurudwara Sis Ganj Sahib, Jama Masjid, Red Fort, Raj Ghat. The hotel features 28 well-designed rooms with 24/7 room service, high-speed WiFi, in-room safe deposit, coffee & tea amenities along with a mini-fridge. Treat–the multi-cuisine restaurant renders round the clock in-room dining service.

The tourism sector has been a key source of employment in India, directly accounting for 26.7 million jobs in 2018, according to WTTC India Annual Research 2019. Further, the total jobs from indirect and induced activity was 42.7 million. The number is estimated to reach 43.7 million in 2019, accounting for 8.1% of the total employment in the country. By 2029, the sector is expected to provide employment to nearly 53 million people, directly and indirectly.

A report by India Brand Equity foundation, titled Tourism & Hospitality, revealed that domestic tourists will lead the growth of tourism in terms of spending. The share of foreign tourist spending in 2018 was 12.8 per cent, while that of domestic visitor spending was 87.2 per cent, which was 74.4 per cent more. The report estimated the domestic travel revenues at US$ 215.38 billion in 2018, which is anticipated to further increase to US$ 40.5.8 billion by 2028.

The Fern Hotels & Resorts has opened-The Fern Residency, Satara in Maharashtra, taking the tally to 61 hotels managed by the company. Commenting on the opening of the hotel, the COO of the company, Suhail Kannampilly said, “We are increasing our presence in Maharashtra very rapidly and people of the state are responding to our hospitality in a very positive manner”. The Fern Residency, Satara is a 60-room hotel that offers a roof top restaurant with 2 banquet halls and a gym. The hotel is situated on the Pune-Bangalore National Highway, just 2 kms away from the city center with an easy access to public transport. All the major sightseeing attractions like Kaas Pathar – Valley of Flowers which is world heritage sight declared by UNESCO, Koyna Dam, Bamnoli Thoseghar Waterfall, Sajjangad Fort and Chalkewadi Windmills are in the vicinity.

OYO Hotels & Homes has announced its plans to invest $300 million over the next few years in the U.S. OYO currently offers living spaces in 35 cities and 10 states including Dallas, Houston, Augusta, Atlanta and Miami, and will expand its presence to cities like New York, Los Angeles and San Francisco. “We, at OYO, are thrilled to see our business grow in the U.S., our newest home market. We promise to bring new age hospitality experience at a price point you never imagined; select service hotels are finally going to be fun and beautiful,” said Abhinav Sinha, COO, OYO Hotels & Homes, Global. “We are in the largest country in the world when it comes to the hospitality industry and there is a definite need here for chic and comfortable hospitality experiences at prices never thought of before. We are already 50+ OYO Hotels across 35 cities and 10 States and to celebrate our growth, we plan to invest $300 million over the next few years. It’s going to be all about #LivingTheGoodLife at an OYO near you, and we are excited to continue delivering sincerely against our mission,” he added.

Cygnett Resort Mountain Breeze situated in Jeolikot is now open for guests. The resort offers 59 rooms and an all day dining area. Speaking on the occasion, Sarbendra Sarkar, Managing Director, said, “Cygnett Resort Mountain Breeze is a gem in the lap of nature.The resort promises its guests a truly unmatched Cygnetture experience and a memorable stay with an undisputed location at unbeatable prices.” Cygnett Resort Mountain Breeze offers an incredible value and an unforgettable experience when it comes to hosting corporate events. The hall is situated at a superb location with flexible banqueting spaces equipped to handle gatherings of any nature and size. In addition to this, an acclaimed blend of thoughtful hi tech amenities, agile service and superb culinary offerings ensure a flawlessly orchestrated event every time- be it be it meetings, launches, seminars, workshops, weddings, anniversaries, private parties or any other occasion. Tailor-made residential conference packages are also available.

LvYue Hotel Management, the strategic investment arm of Ctrip Group, has launched its 18-room property in Gurugram, through its India unit – LvYue Hotel Management (India). Six more properties are said to be in pipeline as the company vies for a greater share in the Indian hotel space.  The newly-established LvYue Hotel Management (India) is operating out of DLF Cyber City in Gurugram. LvYue is currently said to be scouting for other properties in North India. At a later stage, the company management will also explore a combination of management contracts and franchise agreements to expand its network. Established in 2016, the LvYue group has built a portfolio of over 500 properties worldwide. It has three brands – Floral, Sucha and Vyluk, with hotels either operational or under development across 10 countries including China, Japan, South Korea, Thailand, and Malaysia. The company is expecting its network to exceed 2000 hotels by the end of this year. Source: DNA India

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.

Discussing InterGlobe’s aggressive plans for the Indian market, JB Singh, President and CEO, InterGlobe Hotels, says, “We are looking to develop a second ibis in Goa which will be an ibis Styles. In fact, we are also looking for sites to develop a third property there. We are going to start a new project in BKC, Bandra Kurla, which will be a 150-200 room project. We are looking at developing more hotels in Mumbai, Bengaluru and Pune.