Tag Archives: CEO

JetSetGo acquires Indo Pacific Aviation to grow fleet & offer unique services

JetSetGo has announced the acquisition of Indo Pacific Aviation, India’s oldest non-scheduled aircraft operator (NSOP) with operations in India. Speaking about the acquisition, Kanika Tekriwal, CEO, JetSetGo, said, “As the oldest NSOP, Indo Pacific has been instrumental in many ways in the growth of the private jet and helicopter market in India. Indo Pacific has far too many firsts to its credit and we are excited that this acquisition brings together the values of the old with the dynamism of the young. This acquisition now gives a significant boost to our ability to grow our fleet and offer unique services and next generation aircraft for personalised on-demand mobility.” Aggregating India’s available private jets and helicopters for the first time, JetSetGo now has pan-India presence with 2,800 aircraft movements executed in the last financial year. Typically managing and executing chartered flights through DGCA approved non-scheduled operator permits that are owned by others, the acquisition of Indo Pacific Aviation now gives more flexibility to JetSetGo to directly manage its own fleet and to provide on-demand air connectivity. It will also offer its customer’s aircraft sales and acquisition, fleet management and other aviation support services. Government approval from the DGCA and Bureau of Civil Aviation Security (BCAS) was obtained prior to completing the transaction.  

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Tiger Trust-led conference provides insight into the world of snow leopards

The 17th Kailash Sankhala Memorial Lecture organised by Tiger Trust in collaboration with World Wide Fund for Nature – India, raised awareness about the world of snow leopards. Organised in memory of the Tiger Man of India, the esteemed gathering was addressed by Dr Koustubh Sharma, Senior Regional Ecologist, Snow Leopard Trust; Dr Tsewang Namgail, Director, Snow Leopard Conservancy India trust and Ravi Singh, CEO, WWF. Anjana Gosain, Chief Functionary Officer, Tiger Trust, helped put together yet another insightful lecture while trustee Amit Sankhala added some food for thought. Tiger Trust was founded by Padmashri Late Shri Kailash Sankhala, in 1989 to protect endangered tigers in their natural habitat. The Trust functions in a three-way approach, namely capacity building programmes, awareness campaigns and working with the ground staff.      

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Speedwings signs MoU with Verteil Technologies

Speedwings has recently signed an exclusive MoU with Verteil Technologies to access NDC-listed airline products through its direct connect platform ‘VDC’ (Verteil Direct Connect) and provide NDC-based training programme to travel agents and other aspirants in the industry. NDC (New Distribution Capability) is a travel industry-supported programme launched by IATA for the development and market adoption of a new, XML-based data transmission standard. The NDC Standard enhances the capability of communications between airlines and travel agents. According to Biji Eapen, Chairman and CEO, Speedwings, “This is a newly developed cutting-edge concept in our teaching-learning process to help the travel industry to become more professional and helps freshers to be employable. Speedwings and Vertiel will jointly issue certificates to the successful candidates.” NDC Training programme is innovative and unique in the history of IATA and travel industry. This NDC-aligned innovative tool allows to display and connect airline inventories directly to its host reservation system providing access to availability, pricing, shopping and ticketing plus facilitating ancillary sales of excess baggage, visas, chauffeur service, etc. NDC ticketing in India started issuing tickets on BA, EK and LH during the first quarter of 2018 only. It is currently facilitated through I-Top (Indian Travel-Agents Own Portal developed by IATA Agents Association of India), integrated through Verteil Direct Connect.

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AccorHotels acquires ResDiary, a restaurant reservation platform

AccorHotels has announced its acquisition of ResDiary, a platform for table reservation at restaurants. ResDiary provides venues with a high-end table management solution, using technology that optimises their food and beverage revenues and helps control operational costs. Its yield and channel management tools help restaurateurs maximise revenues, while limiting booking fees by controlling availability displayed on third-party channels. Sébastien Bazin, Chairman and CEO, AccorHotels, said, “I am delighted to see ResDiary join the range of services of the Group. Our ambition is to support ResDiary in its global expansion, consolidating its scale, and benefitting from its expertise to provide multiple attractive offers to our guests. This acquisition completes recent investments of AccorHotels in the Food & Beverage industry. It fully supports the Group’s ambition to increase touchpoints with a fast-growing customer base.” Mike Conyers, Co-founder and CEO, ResDiary said, “We have had a very successful relationship with AccorHotels in Asia Pacific, and the ResDiary team is thrilled to join the Group. We are looking forward to expanding our service on a more global level with AccorHotels.”

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Flipkart partners with MakeMyTrip

Indian e-tail major Flipkart announced its tie-up with MakeMyTrip for travel bookings. “Through the partnership, users can now make travel bookings through MakeMyTrip’s services using Flipkart’s mobile application,” an official from MakeMyTrip said. The partnership will be rolled out with domestic flight bookings in the next few weeks, followed by hotels, bus and holiday bookings. The companies, however, did not specify the exact time frame for the rollout. “The partnership will help us reach out to an even wider consumer base through MakeMyTrip’s multiple travel booking sites — MakeMyTrip, Goibibo and redBus — and open up the online travel market significantly,” said Deep Kalra, Founder and Group Chief Executive Officer, MakeMyTrip. The tie-up also helps in furthering Flipkart’s goal of being a “one-stop destination” for all digital transactions, added Kalyan Krishnamurthy, CEO, Flipkart. The companies did not disclose the financial details of the partnership. Founded in 2007, Bengaluru-based e-commerce platform Flipkart claims to have a customer base of over 100 million in the country.

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Cygnett Hotels & Resorts launches Cygnett Lite Ramachandra in Vizag

Cygnett Hotels & Resorts has recently launched Cygnett Lite Ramachandra at Visakhapatnam, adding 42 keys to its repertoire. The hotel is strategically located at a distance of just 30 minutes’ drive from Visakhapatnam International Airport. The hotel emphasises on approachable design, has spacious and modern rooms and offers an all-day dining service. With its latest addition, the chain will now have a total of 15 operating hotels under its wings. Moreover, nine new properties are scheduled to open by December 2018, including Vishakhapatnam. Another seven to eight hotels will be lined up for opening by this financial year. “Our vision is to reinvent the definition of leisure and business travel, transforming the hotel into a preferred choice for guests. We are committed to creating memorable guest experiences by combining the Cygnetture brand experience and the city’s local attractions. Cygnett hotels are further expanding its brand portfolio, across the growing Tier-I and II cities in India and we foresee a great potential in becoming the favourite hospitality brand for travellers in the city,” said Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts. “Reflecting the brand’s promise to provide what matters most to today’s independent travellers, the hotel offers the brand’s defining touches, including the Cygnett Comfort Bed, complimentary bottled water, free Wi-Fi and Cygnetture breakfast,” said Alok Verma, CEO, Cygnett Hotels & Resorts.

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Scoot increases Gold Coast services to Singapore

Singapore carrier Scoot will increase capacity of its Singapore to Gold Coast service to up to five times per week, generating a boost to the economy of up to $42.2 million. Kate Jones, Minister, Tourism Industry Development, welcomed the increase in service from April 2018. “It’s great to continue to build on this successful service through the Attracting Aviation Investment Fund in time for the pinnacle event of the year – the Gold Coast 2018 Commonwealth Games – as well as other upcoming events including the Gold Coast Marathon. We look forward to continuing to promote Queensland as a premier holiday destination in Singapore, while also opening up access from other key markets connecting through this important international hub including the UK, India and China,” she said. Marion Charlton, CEO, Gold Coast Airport, said the announcement was a welcome addition in time for the Gold Coast 2018 Commonwealth Games. She said, “The increase in services is really well timed in the lead up to the Commonwealth Games – providing more opportunity for tourists to travel to the Gold Coast for the major event. We look forward to working with Scoot to ensure continued growth of these services into the future.” Gold Coast Tourism CEO Martin Winter congratulated Scoot on adding the extra service, which would directly benefit the visitor economy of the Gold Coast.

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Roots Corporation CEO Rahul Pandit resigns

Indian Hotels Co Ltd (IHCL) has announced that Rahul Pandit, MD and CEO, Roots Corporation, a subsidiary of IHCL that owns and manages Ginger Hotels, has resigned effective April 2, 2018 due to personal reasons. Pandit has been with the company for around three years. Puneet Chhatwal, Managing Director, IHCL and CEO, Roots Corporation, said, “The Board respects Pandit’s decision and thanks him for his leadership. During his tenure, Ginger expanded its portfolio  in line with the company’s growth strategy whilst achieving its highest customer satisfaction ratings . We wish him the very best with his endeavors. There is a stable leadership team in place at Roots Corporation and we will continue to pursue our aggressive plans for the company.” Pandit stated, “It has been an honour to lead Roots Corporation over the last few years. It was an exceptional learning experience which added value to my professional journey. I would like to thank my board members and colleagues for their support during my stint.”

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Ginger Hotels opens 24-key hotel in Goa

Ginger Hotels has opened its second hotel in Goa with the launch of Ginger Goa, Dona Paula. The move is in line with Indian Hotels Company Limited’s (IHCL) focus on increasing its footprint across segments to meet the consumer demand at various price points. The hotel offers 24 rooms with a choice of a private terrace or a balcony. Rahul Pandit, Former MD & CEO, Roots Corporation says, “We are delighted to expand brand Ginger in Goa with the opening of Ginger Goa, Dona Paula – our second hotel in Goa and the 17th in the western region. This move will only add momentum to the city’s thriving tourism and is in line with IHCL’s commitment to Goa.” Ginger Goa, Dona Paula enjoys a prime location and is situated between the Dona Paula beach and Vainguinim beach. The hotel is within a 40-minute drive from the airport and is near Panjim city centre as well as the Karmali railway station (Old Goa). It features a multi-cuisine restaurant, fitness centre, swimming pool, meeting facilities and complimentary Wi-Fi.

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Meininger to open a hotel in Glasgow, United Kingdom

Cox & Kings-owned Meininger Hotels and investor LGIM Real Assets have signed an agreement for a hotel in Glasgow, scheduled to open in 2020. It will be located on West George Street opposite Queen Street Train Station and will offer 160 rooms and 590 beds. This will be Meininger Group’s second hotel in the UK. It already operates a hotel in London since 2006. Hannes Spanring, CEO, Meininger Hotels, says, “Great Britain is a very important market for us and Glasgow as Scotland’s largest city is the perfect location for another Meininger hotel in the UK. The Glasgow hotel is an excellent addition to our portfolio, due to its prime location in the heart of the city centre.” The room types will range from classic double rooms through private multi-bed rooms to beds in a dorm room. The public areas include reception, lobby, lounge, breakfast room and bar as well as a guest kitchen and game zone. At basement, ground and mezzanine levels, the scheme will also create around 1400 sqm of new retail space. Due to its proximity to the train station, the hotel is well connected to both local and long-distance destinations, with trains running to the north of Scotland and to Edinburgh, which can easily be reached within 40 minutes. The nearest underground station is also just 160 meters from the hotel.  

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