Category Archives: Hotels

ICRA estimates pan-India premium hotel occupancy at ~70-72% in FY2024, after recovering to 68-70% in FY2023. Pan-India premium hotel average room rates (ARRs) are expected to be at ~Rs. 6,000-6,200 in FY2024. While the occupancy is expected to be at decadal highs, the RevPAR is expected to remain at a 20-25% discount to the FY2008 peak. Consistent improvement in consumer sentiments despite the inflationary environment, stable corporate performance, and domestic air passenger traffic inching above pre-Covid levels augur well for travel and hotel demand. The demand recovery has been strong in the last one year, and ICRA anticipates it to continue in FY2024 as well. Sustenance of domestic leisure travel, higher bookings from meetings, incentives, conferences, and exhibitions (MICE), and business travel, along with an increase in foreign tourist arrivals (FTAs), would support demand. The industry is also likely to benefit from specific events like the G20 summit and the ICC World Cup 2023. Vinutaa S, Vice President and Sector Head – Corporate Ratings, ICRA , said: “Gateway cities like Delhi and Mumbai are likely to top the occupancy chart at 75%+ in FY2024. Demand is expected to remain healthy across markets, although Bengaluru and Pune are likely to be laggards compared to other key cities. While the G20 summit would support occupancy across cities in FY2024, improved economic activity and business associations stemming from these meetings are likely to translate into incremental demand for hotels over the medium term. ICRA expects an improving trend in ARRs as well across markets in FY2024, driven by healthy occupancy. Further, mid-scale hotels have also witnessed traction across cities and are likely to continue reporting healthy ARRs and occupancy in FY2024.” ICRA estimates …

Country Inn Premier – The Prominence, Dehradun, planned to open in August 2023, appoints Sarthak Mathur as the Operations Manager. With over 13 years of experience in the hospitality industry, Sarthak brings a wealth of expertise in transforming strategic visions into tangible results across various renowned hotels Sarthak has a commendable track record of working with esteemed brands in the hospitality industry like Marriott International and Radisson Hotel Group. His extensive experience in hotel operations and food & beverage makes him an adept professional in optimizing efficiency and streamlining processes.   

Royal Orchid & Regenta Hotels today announced their arrival in upmarket Mumbai with the launch of its 68 rooms boutique property  ‘Regenta Place The Emerald’ in Juhu. The property  is strategically located at the Tara Juhu road making it an ideal choice for both leisure and business travelerrs.   Chander K Baljee, Chairman and Managing Director, Royal Orchid & Regenta Hotels said, “The launch of ‘Regenta Place The Emerald’ in Mumbai  is in sync with our continued vision of strengthening presence in key domestic markets. Maharashtra has always remained a critical market in terms of  tourism and business potential”. Philip Logan, (COO), Royal Orchid & Regenta Hotels, said, “Our diverse portfolio of accomodations are testament to the fact that we are well poised to set new standards in hopistality industry. While we already have presence in Navi Mumbai, the launch of ‘Regenta Place The Emerald’ in Juhu, at the heart of  Mumbai marks an exciting beginning for the brand. We are delighted to add a new landmark in this city and are certain that the elite, urban positioning of the excuisite property will welcome our loyal as well as new guests not only locally but from all over the world.” The property will host a range of fully equppied rooms including exquisite superior rooms. Spacious deluxe rooms, stylish studio rooms, sophisticated one- bedroom apartments, and spacious two- bedroom apartments. ‘Sapphire’, the veg Indian Specialty Restaurant & Bar at the hotel will be offering low cholesterol, fat- free, zero oil delectable vegetarian cuisine for the very first time in India setting a new benchmark in healthy dinning. The other dining options include a stylish lounge bar and Café 49 & 49 Bakers …

Cross Hotels & Resorts, a leading hospitality brand, proudly declares Buzz Travel Marketing, India, as one of the recipients of the prestigious GSA of the Year Award for 2023. The award ceremony took place simultaneously with the recently concluded Bali & Beyond Travel Fair 2023 (BBTF), where industry professionals from around the world gathered to celebrate excellence in tourism Travel Loop Representation from Australia and New Zealand, alongside Red Tree Representation, the United Kingdom, also received special mentions for their exceptional contributions throughout. The recognition serves as a testament to their outstanding achievements and dedication to promote Cross Hotels & Resorts globally. Paul Wilson, Executive Vice President, Cross Hotels & Resorts expressing his gratitude said, “It was  special days for Cross Hotels & Resorts, culminating in our appreciation night for our dedicated sales representatives. This event was a heartfelt acknowledgement of the invaluable contributions made by our agents on the ground”. Through their unwavering efforts and strong relationships in their home countries, they have propelled Cross Hotels & Resorts to new heights. We extend our heartfelt thanks to each and every one of them, he furthermore added. Sandeep Raghav, Director of Business Development, Cross Hotels & Resorts India office, shared, “We are extremely happy to see strong business growth and brand awareness for Cross Hotels & Resorts across India”. With the recognition of Buzz Travel Marketing and other esteemed awardees, the brand reinforces its position as a leader global tourism industry.

Roostels India, in collaboration with Viacom18 Consumer Products, opens one of its kind experiential holiday staycation in India. Roadies Rostel in Ahmedabad in collaboration with Leisure ARC is the first franchisee under the ‘Roadies Rostel brand’. The company plans to expand its footprint in at least 15 more locations across the country. Guests can participate in various sports and leisure activities. The Ahmedabad resort also has 17 Roadies-themed rooms. The launch event in Ahmedabad was attended by Sonu Sood, who is a popular Indian actor, film producer, humanitarian, and philanthropist, along with Roadies – Karm ya Kaand Insiders Abhimanyu Raghav and Shreya Kalra, Ex-Roadies – Nandini and Colors Gujarati artists – Arman Kotak aka Akash Pandya from Rashi Rikshawwali and Swara Soni aka Vaishaki Shah from Moti Baa Ni Nani Vahu. Commenting on the launch, Amit Shah, Managing Director Leisure ARC, said, “We are delighted to be a franchise partner of Roadies Rostel. Our property has been specially designed to cater to the needs of adventure enthusiasts, and guests can expect comfortable accommodations with modern amenities, delicious local cuisine, and a vibrant community of like-minded travellers and explorers. Roadies Rostel Leisure ARC offers a unique experience and will be a popular weekend destination for people of Ahmedabad and attract backpackers from across the country.” Sachin Puntambekar, Business Head, Consumer Products, Viacom18, said, “We are thrilled to announce the launch of Roadies Rostel, in Ahmedabad. This is a significant first step in the journey of Roadies Rostel and we look forward to redefining the boundaries of hospitality and bringing the spirit of Roadies to the realm of travel and backpacking.” Roadies Rostel is one of its kind experiential holiday brand in the …

Indian Hotels Company (IHCL) announced the signing of its first hotel in Kolhapur, Maharashtra under the Ginger brand. The hotel is a Greenfield project. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, stated, ” IHCL with its diverse portfolio of brands has witnessed a rapid expansion in Tier 1 and 2 cities. Well known for its tourism potential and an established commercial hub, Kolhapur is one of the leading cities in the state of Maharashtra. We are delighted to partner with Jeswani Group for this Ginger hotel.” The 100-key hotel is strategically located in the city centre at a short driving distance from both the Kolhapur airport as well as important commercial districts.  The hotel will feature Qmin, the signature all -day-diner offering a wide range of delectable culinary options. Additionally, there will be a well-equipped fitness center and meeting rooms. “We are excited to be associated with IHCL, India’s leading hospitality company. This will be the first Ginger hotel in the city of Kolhapur.” said, Ramchand Jeswani, Managing Director, Jeswani Group. of Companies. With the addition of this hotel, IHCL will have 31 hotels in Maharashtra, including 11 under development.

Mr. BS Gautam, an entrepreneur and hotel owner today declare the opening of Days Inn by Wyndham Gangtok Tadong, in collaboration with Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,100 hotels across over 95 countries. Gangtok is located in the eastern Himalayan range, at an elevation of 1,650 m (5,410 ft). Nestled within higher peaks of the Himalaya and enjoying a year-round mild temperate climate. It is the main base for Sikkim tourism. Summer and spring seasons are the most popular tourist seasons. Ecotourism has appear as an important economic activity in the region which includes trekking, mountaineering, river rafting and other nature-oriented activities. Sikkim is one of the few states in India where gambling is permitted, and the majority of upscale hotels have designated areas for casinos. Days Inn by Wyndham Gangtok Tadong is located in the Upper Tadong area of the Gangtok City and thus enjoy great connectivity and visibility with stunning views of the Himalayan ranges. The hotel is located in close vicinity of a number of higher education institutes, a short drive from MG Marg, lined with an array of restaurants and excellent shopping as well as 24 km or 1 hours’ drive from Pakyong Airport. The hotel provide 43 contemporary rooms with all day dinning, meeting facilities, gym, and a pool. This hotel marks Wyndham’s first Days Inn hotel in Gangtok and the 58th hotel opening in the Eurasia region. Mr. BS Gautam, Owner of Days Hotel by Wyndham Gangtok Tadong said, “We are delighted to be opening the Days Inn by Wyndham Gangtok Tadong under the well-known, economical Days Inn by Wyndham brand. Wyndham Hotels & Resorts is one …

The Ramada by Wyndham hotel in Goa has been signed by R.K.M Enterprises, a Delhi-based partnership company, in accordance with a franchise deal with Wyndham Hotels & Resorts. Located in a prime area of Arpora – North Goa, Ramada by Wyndham Goa Arpora, is expected to open in 2024 and will feature 65 rooms, a lobby lounge, an all-day restaurant and bar, a wellness area, an outdoor swimming pool, as well as an event space and business Centre. The hotel will provide convenient access  to the popular Baga and Calangute beaches, as well as several transport links like the Vasco railway station, Goa International and Mopa International airports. Currently, the Ramada by Wyndham Mussoorie Mall Road is owned by RKM Enterprises. Ramada by Wyndham Goa Arpora will be their second hotel with Wyndham Hotels & Resorts in India. Mr. Rakesh Mediratta, Owner – R.K.M Enterprises said ,“Following the successful opening of Ramada by Wyndham Mussoorie Mall Road in collaboration with Wyndham Hotels & Resorts, we are glad to further expand our offering through this exciting project in Goa under the internationally recognized Ramada by Wyndham brand.” Nikhil Sharma, Market Managing Director Eurasia, Wyndham Hotels & Resorts said, “Renowned for its tranquil beaches, bustling flea markets and local cuisine, Goa is a sought-after destination for local and international travelers visiting India. This most recent addition marks an important step in our expansion plan for the country by bringing a high-quality midscale hotel in a prime location in Goa.” Through the opening of Ramada by Wyndham Goa Arpora, M/S R.K.M Enterprises is expected to create more than 100 jobs in the state of Goa.

Grand Central Hotel Private Limited, a hotel development and investment company based in Nepal, today declare the signing of a franchise agreement with Wyndham Hotels & Resorts to open a new Ramada by Wyndham hotel in Itahari, Nepal. The hotel, which will be called Ramada by Wyndham Itahari Pashupati Marg, is scheduled to open in 2024 . The property will provide contemporary rooms, an all-day restaurant, a bar and lounge, a health club, spa and outdoor swimming pool. It will also offer banquet facilities and a meeting room. Itahari is the largest city in Nepal’s Sunsari district and is considered the business hub of eastern Nepal. The city provides easy access to both the Indian border and Biratnagar, the province capital. Mr. Desh Bandhu Basnet, Chairman – Grand Central Hotel Private Limited said, “We are proud to be associated with Wyndham Hotels & Resorts, which is the largest hotel franchising company in the world, and to introduce its popular Ramada by Wyndham midscale brand in Nepal. Wyndham is one of the fastest growing hotel chains in Asia and have significant presence in major source markets for Nepal and we are look forward to a successful collaboration.” Mr. Nikhil Sharma, Market Managing Director Eurasia, Wyndham Hotels & Resorts said, “Itahari is a strong trading hub in eastern Nepal near the Indian border. Being close to the Indian States of Bihar and West Bengal, we believe Ramada by Wyndham Itahari Pashupati Marg, Nepal will be a best venue for weddings and groups, and for guests visiting several important locations in the area.  We look forward to our collaboration with Mr. Desh Bandhu Basnet and welcoming our guests to this beautiful property.” Through …

VFS Global has entered strategic partnership with Radisson Hotel Group in India. Through this alliance, VFS Global aims to operate UK Premium Application Centres at the brand’s properties properties in Amritsar, Ludhiana, Mohali in Punjab, and Noida in Uttar Pradesh.