Tag Archives: Managing Director

VITS signs JV with Exhicon Group in Thailand

VITS Hotels Worldwide has announced a joint venture with Exhicon Group in Thailand. The new entity will operate under VITS-EXHICON (Thailand) Co. and an office with a seasoned team of professionals will be established in Bangkok. Vikram Kamat and Chandrakant Shetty will be directors in the new entity. The JV partnership will work on hotel acquisitions, OTA management, staff training, procurement and F&B operations within Thailand, Malaysia, Singapore, Indonesia and Dubai. VITS Hotels will provide hotel management expertise, marketing, sales support, human resources and distribution network while EXHICON will support with its local business network, project acquisitions and overseas procurement. Both VITS and EXHICON will own 50 per cent share in the joint venture management company. Vikram Kamat, Managing Director, VITS Hotels Worldwide, said, “Our partnership offers immense opportunities to leverage on each other’s expertise to expand the VITS hotel brand in Far East and Middle East. We aim to channelise our resources with our valued partner to establish footprints in key destinations and draw tourists from India and abroad.” Chandrakant Shetty, CEO, VITS Hotels Worldwide, said, “With our collaboration with EXHICON Group, we are now pleased to announce the VITS luxury experience in overseas shores. The joint venture will create a formidable recipe for establishing hotels in key destinations. We will be launching our first hotel in Phuket near Patong beach by January 2018.”

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Sterling Holiday Resorts launches new brand identity

Sterling Holiday Resorts has launched its new brand identity in line with its new service philosophy of delivering experiences and discoveries. Ramesh Ramanathan, Managing Director, Sterling Holiday Resorts Limited, shared that with the new branding, they are looking to become the leading holiday brand in India. “Today, we are not just opening a new chapter for Sterling but one in the Indian holiday market. We have been working on developing our new service philosophy and brand standards over the last few years and are now ready to make our customers ‘holiday differently’.” He added, “At Sterling, we are look forward to being a part of this new India that is looking to have newer experiences and take away a little bit of what they see and feel when they holiday. Over the past few years, we have invested in the revamp of existing resorts and launch of new ones. Our focus will be on delivery and service for all kinds of holidayers. In the process, we would also be contributing to local economies, creating jobs and taking the brand abroad to places where Indians holiday,” Ramanathan added.

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OTOAI elects Mahendra Vakharia as President for 2017-19

Mahendra Vakharia, Managing Director, Pathfinders Holidays has been elected as the President while Himanshu Patil, Director, Kesari Tours is the new Vice President for Outbound Tour Operators Association of India (OTOAI). The other office bearers are Chitra Bhatia, Director, Aashman Air Travels who is the new General Secretary; Gurdeep Gujaral, Founder Director, Gujral Tours and Travels continues to hold the post of Joint Secretary while Siddharth Khanna, Partner, Khanna Enterprises is the new Treasurer. The Executive Committee members include Ankush Nijhawan, Managing Director, Nijhawan Group, Sujit Nair, Founder and Group Managing Director, Akquasun Group, Riaz Munshi, Managing Director, N. Chirag Travels, Shravan Bhalla, Chief Executive Officer, High Flyer, Adl Karim Director, Creative Tours and Travels (India) and Rajeev Sabharwal, CEO, Gaurav Travels. Vakharia says, “I feel extremely happy, privileged and honoured to be trusted with this position. Increasing our membership across India remains to be our top priority.” The state chairmen will be announced in due course of time, informs Vakharia.

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VITS Hotels debuts in Amritsar

Vitizen Hotels has launched VITS Park Maple Amritsar, the group’s first hotel in the city. The hotel is strategically located near Amritsar Junction Railway Station, adding to the convenience of both business and leisure tourists visiting the holy city. Announcing the launch, Vikram Kamat, Managing Director, Vitizen Hotels says, “We are delighted to launch our first property in Punjab in the sacred city of Amritsar that would enable us tap the growing potential of tourist inflow. VITS Park Maple will exceed expectations of our guests with its exceptional hospitality services.” VITS Park Maple offers 40 Deluxe and Super Deluxe rooms. It also has a multi-cuisine restaurant, an open air terrace restaurant and a large banquet hall that can accommodate 150 guests. G. S. Khurana, Managing Director, VITS Park Maple, says, “We are extremely pleased to launch the VITS hotel brand in Amritsar. VITS Park Maple brings fresh flavour to the city’s hospitality landscape that will make every guest’s stay a pleasurable experience”.

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GoAir adds 30 flights, increases frequencies

GoAir has announced new additional flights for the winter schedule, effective from November 23, 2017. The airline will operate 22 of these flights on new routes apart from increasing the frequencies by eight flights on existing routes during winters. With the new additions, GoAir would operate an average of 240 flights a day, strengthening its market presence at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Kolktata, Lucknow, Nagpur and Patna. The airline is also inducting new A320 NEOs, taking its fleet strength to 31 aircraft. To commensurate its 12 successful years in the domestic skies, GoAir has also announced an exciting anniversary fare offer starting from Rs 1212 plus taxes on all new sectors. The booking period will be from November 18-21, 2017 for the travel period from November 24, 2017 to October 28, 2018. Jeh Wadia, Managing Director, GoAir said, “The induction of four new aircraft will cater to the enhanced seasonal demand whilst offering flexibility to customers with more flight options to choose from. It is our constant endeavour to provide more flexibility of choice for our customers and offer them seamless connectivity, hassle free and affordable flying experience.”

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Royal Orchid Hotels opens 47-room property in Kanpur

Royal Orchid Hotels has announced the opening of a hotel in Kanpur – Regenta Central The Crystal – taking the number of properties under Royal Orchid group  to 45. Located at the heart of the city, the hotel offers 44 rooms and three suites and is a 45-minute drive from Kanpur airport. Chander K. Baljee, Managing Director, Royal Orchid Hotels, said, “We have added four properties – Mysore, Ahmedabad, Dehradun and Kanpur – in the current financial year. We are on target to take the number of properties to 50 under the Royal Orchid Group before the end of this financial year. We will continue to pursue our model of management contracts to build our hospitality business.” The  ‘Regenta Hotels’ brand is an upscale arm of the Royal Orchid Hotel group. It is designed for the corporate traveller whose watchword is value and convenience. It is categorized into Regenta, Regenta Central, Regenta Resorts and Regenta Inn.

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Sarovar Hotels & Resorts signs a new hotel in Ajmer

Sarovar Hotels has announced the signing of a new hotel in Ajmer, marking the group’s strong footprint in the state of Rajasthan. The group has signed an agreement for an 88 room hotel, Mittal Sarovar Portico in this old pilgrimage city. Owned by Mittal Dewellers, Mittal Sarovar Portico is Sarovar’s sixth hotel in the state of Rajasthan. The group has three operational hotels in Jaipur, one in Jodhpur and an upcoming hotel in Jaisalmer. Designed as per the brand characteristics of a Sarovar Portico hotel, the property enjoys access to all key tourist attractions and will be offering all modern facilities including an all-day dining restaurant, bar, gym, swimming pool, spa and banquet facilities. The hotel is expected to be operational by October 2019. Commenting on the development, Ajay K. Bakaya, Managing Director, Sarovar Hotels, said, “We are happy to open a Sarovar Portico hotel in this significant city of Rajasthan. With its rich history, Ajmer is an important tourism destination with rising number of visitors from across the country and overseas. It is an important location for us and a significant addition to our portfolio. This hotel equipped with all amenities required by a modern day traveller is set to be one of the finest in town.” Sarovar Hotels is focused on strategic expansion throughout India and Africa. Some of the expected openings this year include hotels in Amritsar, Raipur, New Delhi Mahipalpur, Somnath and Jaisalmer.

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Ebix acquires online travel company Via.com for $75 mn

Ebix, Inc, international supplier of on-demand software and e-commerce services to the insurance, financial, e-governance and healthcare industries, has announced that one of its Singapore subsidiaries has entered into an agreement to acquire Bengaluru-based Via.com, an omni-channel online travel and assisted e-commerce exchange. The acquisition of Via expands on Ebix’s distribution network to over 224,000 distribution outlets in the South East of Asia, besides offering significant cross selling opportunities for Ebix’s EbixCash Financial Exchange portfolio of products. Under the terms of the agreement, Via was valued at a total enterprise value of approximately $74.9 million. The closing of the transaction is expected over the next few days. The acquisition is expected to be accretive to Ebix earnings immediately. Via has shown growth at a CAGR of 45 per cent over the last three years with over 110,000 distribution outlets and 8000 corporate clients. Its distribution network encompasses over 85,000 agents in India, 14,700 agents in Indonesia, 9,900 agents in Philippines, 600 agents in Singapore and 350 agents in UAE and Oman. Ebix intends to consolidate this acquisition into its Financial Exchange – EbixCash while bringing significant synergies and redundancies to the combined operation. The acquisition of the Omni-channel Business, would further strengthen Ebix’s position in the Financial Exchange market in India, as travel transactions can be one of the key areas of any leading financial exchange, with an estimated user base of 600 million in India alone. Vani Kola, Managing Director, Kalaari Capital said, “Ebix is a logical home for Via, as it complements EbixCash’s financial exchange portfolio perfectly, opening up tremendous cross-selling opportunities on both sides. We are excited about the possibilities this offers for both our customers and …

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GHIAL, Malaysia Airports, Malaysia Tourism sign MoU

GMR Hyderabad International Airport Ltd. (GHIAL), Malaysia Airports Holdings Berhad (MAHB) and Malaysia Tourism Promotion Board (MTPB) signed an MoA with a strategic vision to promote tourism from the catchment area of Rajiv Gandhi International Airport, Hyderabad to Malaysia. This tri-partite MoA involves collaborative market research, strategy development, promotional campaigns and marketing efforts with an aim to enhance the visibility of ‘Destination Malaysia’ in Hyderabad. The trend shows that over 100,000 passengers travel between Hyderabad and Malaysia every year; and this traffic has grown by 28 per cent CAGR in the last five years. SGK Kishore, CEO, GHIAL, said, “We are happy to sign this first of its kind MoA between airport operators – GHIAL and MAHB and Malaysia Tourism. This is a strategic initiative, which we have taken up to enhance the outbound tourism from our catchment region to key international destinations to enhance RGIA’s International connectivity and traffic growth.” Datuk Mohd Badlisham Ghazali, Managing Director, MAHB, said, “We are delighted to partner MTPB and GHIAL in this unique endeavour. This mutually beneficial three-way partnership will enhance the visibility of Malaysia’s tourism attractions in Hyderabad and surrounding areas.”  

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GPS Hyderabad from February 8-11, 2018

Global Panorama Showcase (GPS) is all set to present itself to a new city in its next edition—Hyderabad. Harmandeep Singh Anand, Managing Director, GPS, revealed, “We are taking GPS to a new city in 2018 and we will be having GPS Hyderabad from February 8-11, 2018. The venue still needs to be decided. With this new addition, GPS 2018 will be held in a total of eight cities around India.”

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