Lemon Tree Hotels has formed a joint venture (JV) with an affiliate of Warburg Pincus, a global private equity firm focused on growth investing, to create a co-living platform. The JV marks Lemon Tree Hotel’s entry into a new business segment focusing on the development of institutional-grade rental housing accommodation serving both students and young working professionals across major educational clusters and key office markets in India. Following Warburg Pincus’ successful partnerships in China and Hong Kong, this investment represents the first co-living platform which the firm has backed in India. An affiliate of Warburg Pincus and Lemon Tree Hotels will hold 68 per cent and 30 per cent stake, respectively in the JV, with the balance 2 per cent to be held by Patanjali Keswani. The JV partners will initially invest Rs 1,500 crore in equity over a period of time followed by an additional infusion of Rs 1,500 crore in equity at the option of the partners, to develop rental housing projects through a combination of greenfield purpose-built properties, refurbishment of existing under-managed/stressed commercial and residential assets taken on lease/acquisition basis as well as management of existing for-rent accommodation projects. The platform aims to provide affordable and conveniently located co-living spaces for students and young professionals, who are increasingly looking to be part of a vibrant community with like-minded individuals. Patanjali (Patu) Keswani, Founder, Chairman and Managing Director, Lemon Tree Hotels, said, “We are delighted to once again partner with Warburg Pincus at an early stage of this exciting new business opportunity, which will allow Lemon Tree Hotels to move into a segment which is nascent but closely aligned to our existing target customers and which is expected to …
Read More »India extends e-visa facility for conference and medical attendants from China
India has further liberalised visa regime for Chinese nationals by extending e-visa facility for the conference and medical attendants as part of its efforts to attract more tourists from China. Previously those attending conferences in India needed to get clearances from New Delhi to get visas. The Conference Visa will be issued for those who intend to travel to India to attend conference/seminar/workshop organised by Ministry or Department of Government of India, State Departments or Union Territories, Administration and their subordinate/attached organizations and PSUs, the Indian embassy said in a statement. The documents required included scanned bio-page of passport showing the photograph and details, invitation from organisation. It also needs political clearance from the Ministry of External Affairs, the statement said. The e-Medical Attendant Visa will be issued for those who wish to travel as attendant to e-Medical visa holder. The e-visa facility is now available for Tourist Visa, e-Business Visa, e-Medical Visa, e-Medical Attendant Visa and e-Conference Visa, it added. Despite special measures like e-visas, only 2.4 lakh Chinese tourists visited India last year against 14 lakh Indians visiting China. Minister of State for Tourism K J Alphons, accompanied by about 20 Indian tour operators, conducted special campaigns in Beijing, Wuhan and Shanghai in August as part of India’s efforts to attract more Chinese tourists to the country. Source: PTI
Read More »FHRAI requests MOT’s urgent intervention in OTAs v/s hotels dispute
The Federation of Hotel & Restaurant Associations of India (FHRAI) has reached out to the Ministry of Tourism (MoT) regarding the hotel industry’s ongoing dispute with Goibibo, MakeMyTrip and OYO requesting its urgent intervention for redressal of hoteliers’ grievances. After a month of failed attempts to amicably resolve issues with the Online Travel Aggregators (OTAs), the apex hospitality body has written to KJ Alphons, Union Minister of State (I/C) Tourism, outlining the major issues of concern to the industry because of the OTAs’ unfair and arbitrary business practices. A number of FHRAI’s members are experiencing hardships due to the OTAs’ business ethics which are exploitative, unethical and divisive, leading to predatory pricing and other market distortions. The letter to the Ministry states that the hotel industry in the country is going through a very challenging phase which is threatening the livelihood, business, investments and entrepreneurial initiative and spirits of the hospitality industry, and thereby eroding the viability of the sector. “The hotel industry, especially the budget and mid-market hotel segment is reeling under the adverse business tactics of the OTAs. The OTAs’ malpractices are affecting the hoteliers’ livelihood and business. These hoteliers who are part of the local and city hotel Associations across the country have approached FHRAI seeking consultation and support, and are in solidarity with the Federation. The FHRAI has tried to resolve the issue directly with the OTAs, however instead its CEO has chosen to dismiss FHRAI’s role in the matter. It leaves us with no choice but to ask for the Government to step in and create a norm for the OTAs just as the Commerce Ministry has done for the e-tailers recently,” says Gurbaxish Singh Kohli, …
Read More »Clarks Inn debuts in Nepal with Sneha Clarks Inn Suites, Nepalgunj
Clarks Inn Group of Hotels has signed one of mid-west Nepal’s most iconic properties, Hotel Sneha in Nepalgunj, now known as Sneha Clarks Inn Suites. The new addition marks Clarks Inn’s first operational debut in Nepal and the second property overall, including one in Kathmandu that is expected to open door later this year. Nepalgunj, a border town located just across the Indo-Nepal border along the state of UP, is fast emerging as a tourism hotspot of the mid-west region of Nepal. The border city serves as the gateway to the majestic Himalayas, wildlife and national parks, trekking routes and a host of water sports activities. Combining the old-world charm with cutting-edge guest services, Sneha Clarks Inn Suites is a more than 50 years old property with its colonial era architectural designs and the latest in amenities and world-class guest services. The 60-key property, currently a three-star hotel, is soon to be a four-star hotel as it has already applied for the four-star certification and is awaiting the same in about a month’s time. S N Srivastava, President & Co-founder, Clarks Inn Group of Hotels, said, “This is our operational debut in Nepal and we are doing so with a property that befits this special milestone for us. It’s a 60 key property spread over a huge area with big landscaped lush green lawns and international feel. The property will cater to guests with impeccable in-room guest amenities and provide facilities like swimming pool, for both adults and children, spa, health club and casino.” According to Bhawani Rana, Managing Director, Sneha Group of Companies, “Our tie-up with Clarks Inn is a step in the direction to strengthen border tourism and …
Read More »Alliance Air to commence flights on Pantnagar-Dehradun route from January 4
Alliance Air, a subsidiary of Air India, is set to introduce flights between Pantnagar and Dehradun under the UDAN scheme from January 4, 2019. “Alliance Air will commence its flight on Pantnagar-Dehradun-Pantnagar route with an ATR-42 type aircraft. Flight AI-9823 will depart from Pantnagar at 13:40 hrs to land in Dehradun at 14:40 hrs,” Alliance Air said in a statement. Pantnagar is an important commercial and industrial hub in the Kumaon region of Uttarakhand. It is famous for having the first agricultural university in India known as the G B Pant University of Agriculture and Technology. The Air India subsidiary said the return flight will depart from Dehradun at 15:05 hrs to land in Pantnagar at 15:55 hrs. It added that the flight will run four days a week – Wednesday, Friday, Saturday and Sunday. The primary objective of UDAN is to connect small cities of the country at affordable fares.
Read More »Over one-third of Indian hospitality CEOs willing to invest in Tier II towns
According to a latest report titled ‘Hospitality insights from the Indian CEO’s desk’ by Confederation of Indian Industry (CII) and PWC, more than one-third of the respondents indicate a willingness to invest in Tier II towns to capitalise on the growth of domestic travel. However, the survey also shows that Tier I cities, primarily Mumbai and Delhi, continue to be the most preferred locations for hotel expansion. Although most players are not looking for international locations actively, some (especially the larger Indian chains) are open to expanding internationally, provided an opportunity is available.
Read More »India ranks 12th of all Asian cruise destinations: CLIA
India ranks 12th of all Asian cruise destinations with just 2 per cent of Asia’s total calls, according to a latest report titled ‘Asia Cruise Trends’ commissioned by Cruise Lines International Association (CLIA). India hosted 120 calls at its various ports in 2018, a 6 per cent decline from 2017. 88 of those calls are Transit, or 73 per cent of the total. Mumbai sees the most calls at 48, followed by 32 in Cochin. India’s five year CAGR and five-year growth are 6 per cent and 36 per cent, respectively.
Read More »Make in-flight announcements in local language: DGCA
The Directorate General of Civil Aviation (DGCA) has issued an advisory stating that airlines may consider using local language for in-flight announcements “to extent feasible”. Moreover, in order to enhance awareness about the cultural heritage of India, pilots can make in-flight announcements about important monuments or sites enroute the flight, the advisory said. Announcements in local language would be in addition to the ones made in Hindi and English, according to the DGCA advisory. The DGCA clarified in its latest advisory that airlines may make the aforementioned additional in-flight announcements without compromising any safety requirements or core job functions of crew members. “It is made clear that the above announcements be made without compromising safety of operations at any stage,” the advisory added. In 2016, the Airports Authority of India (AAI) had issued a circular asking airports under its control to make public announcements in the local language followed by Hindi and English. There are more than 100 operational airports in India. “To enhance awareness about cultural heritage of India, pilot can make in-flight announcement about the important monument or site (such as the Taj Mahal, the Konark Temple, the Ajanta Ellora, the Statue of Unity, etc), which are enroute the flight,” the DGCA advisory stated.
Read More »Lords Hotels and Resorts signs new property in Ahmedabad
Lords Hotels & Resorts has announced its latest property in Gujarat with S K Lords Eco Inn, Ahmedabad. The hotel boasts of 30 guest rooms along with a multi-cuisine restaurant, a rooftop restaurant, pillar-less banquet hall of 5000 sq ft. Located B/H Telephone Exchange, Off C G Road, Navarangpura, the hotel is only 15 km away from Ahmedabad Airport and Station. A rapidly growing metropolis, an industrial hub, an educational hotspot and a city with a magnificent past – Ahmedabad is one of the most important cities in Gujarat and is fast becoming a very popular tourist destination as well.
Read More »Mobile audio guide app for five iconic sites: MOT
Minister of State (I/C) for Tourism, K J Alphons recently handed over a Memorandum of Understanding under the ‘Adopt a Heritage’ project to Resbird Technologies for development of a mobile audio guide app for five iconic sites. The five iconic sites for which the mobile Audio Guide App is to be developed are Amer Fort (Rajasthan), Kaziranga (Assam), Colva Beach (Goa), Kumarakom (Kerala) and Mahabodhi Temple (Bihar). During the function, Alphons also handed over the Letters of Intent to seven shortlisted agencies for consideration under the project in the presence of Tourism Secretary, Yogendra Tripathi. These agencies would become ‘Monument Mitras’ through the innovative concept of ‘Vision Bidding’, which will give them the opportunity to associate their CSR activities with a heritage site if the Vision Bid is selected. The ‘Adopt a Heritage: Apni Dharohar, Apni Pehchaan’ project is a collaborative effort between the Ministry of Tourism, Ministry of Culture and Archaeological Survey of India (ASI), and State/UTs Governments. It aims to involve public sector companies, private sector companies and corporate citizens/individuals to take up the responsibility for making our heritage and tourism more sustainable through development, operation and maintenance of world-class tourist infrastructure and amenities at ASI/ State heritage sites and other important tourist sites in India.
Read More »