As per HVS Anarock, in line with the season, Goa regained its spot at the top with the highest average rates (surpassing ₹12,000) followed closely by Mumbai (also exceeding ₹12,000). Kolkata saw a substantial 30% spike in its average rates from the previous month and a 23% increase compared to November 2022.
Read More »Away Bangkok Riverside Kene working with Indian partners to boost direct bookings: GM
Larry Yim, General Manager, Away Bangkok Riverside Kene, mentions that we want to focus on closely working with some Indian partners to boost direct booking this market for the Indian market. We are also focusing on incentives & FIT groups from this market.
Read More »Indian hospitality market estimated to reach $24.62 bn in 2024; further growth of $31.01 bn expected by 2029
According to the Indian Hospitality Marketing Analysis by Mordor Intelligence, hospitality industry in India market size is estimated at $24.62 billion in 2024; and is expected to reach $31.01 bn by 2029, growing at the CAGR of 4.73% during the forecast period, which is 2024-2029.
Read More »FAITH appoints Puneet Chhatwal as its Chairman with immediate effect
FAITH has appointed Puneet Chhatwal, Managing Director and CEO of IHCL, as its Chairman with immediate effect. He takes over from Nakul Anand who since his retirement will no longer be a member of HAI Executive Committee, thereby relinquishing his position at FAITH. In his new role, Chhatwal will ensure a smooth continuation of FAITH’s initiatives and objectives.
Read More »We want continuous collabs with Indian trade for best guest experience, says Joel Bartlett
Joel Bartlett, General Manager, Mamaka by Ovolo, said, “As part of our strategy for the upcoming year 2024, we want to keep collaborating and networking with Indian travel trade to provide best guest hospitality and accommodation experience to them. We are hopeful for 2024″.
Read More »Shift to tech-driven conveniences, sustainability & experiential; travel is expected in FY24: Kachru
KB Kachru, Chairman Emeritus & Principal Advisor, Radisson Hotel Group, South Asia highlights that looking ahead to 2024, the emphasis is expected to shift towards technology-driven conveniences, a lot of learnings, sustainability, and experiential travel.
Read More »Lodging revenue back to 80% of pre- COVID levels; steady growth projected for 2022-24: Booking.com
According to recent report released by Booking.com, lodging revenue back to 80% of pre COVID levels; steady growth projected for 2022-2024. The robust recovery is evident in the surge of lodging outlets, revenues, and revenue per available rooms (RevPAR).
Read More »Accor is poised to open 30 new properties in the country in next 3 to 5 years: Puneet Dhawan
Puneet Dhawan, SVP, Operations India & South Asia, said that Accor is poised to open 30 properties in the next 3-5 years. Accor has experienced unprecedented growth, reaffirming our commitment to delivering unparalleled hospitality experiences across India.
Read More »Cross Hotels & Resorts celebrates Away Bali Legian Camakila as the Favourite Hotel 2023 at the Exquisite Awards
Cross Hotels & Resorts is thrilled to announce that Away Bali Legian Camakila has been crowned the Favorite Hotel 2023 in the Reader’s Choice category at the prestigious Exquisite Awards. This momentous achievement is a testament to our relentless pursuit of excellence and our unwavering passion for delivering transformative hospitality experiences that truly “Escape Everyday Life.” Cross Hotels & Resorts, we dare to challenge the status quo of the hospitality industry, and this recognition affirms our commitment to doing things better. The Exquisite Awards, known for their discerning appreciation of exceptional establishments, amplify our dedication to providing unparalleled service, comfort, and innovation. Join us in celebrating this milestone as we continue pushing boundaries and raising the bar for hospitality excellence. At Cross Hotels & Resorts, we are inspired by your unwavering support and pledge to consistently exceed expectations. To learn more about our award-winning properties and to book your next unforgettable experience, visit our website at www.crosshotelsandresorts.com.
Read More »We have Indian specialists to help arrange markets requirements: GM, Cross River Kwai
Sitapaat Suttisuntrangkura, General Manager, Cross River Kwai, said, “We have our Indian specialists that will help us to maximize our capability to arrange or accommodate Indian Clientele upon their needs and requests as Indian market is quite new for us”.
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