Category Archives: Hotels

Hyatt Regency Mumbai temporarily suspends operations amid fund shortage

Sunjae Sharma, Vice President & Country Head – India, Hyatt, confirms, “As a result of no funds forthcoming from Asian Hotels (West) Ltd, the owner of Hyatt Regency Mumbai, to sustain the operations of the hotel, a decision has been taken to temporarily suspend all operations for Hyatt Regency Mumbai. The hotel will remain closed until further notice. Future reservations through Hyatt booking channels will remain temporarily unavailable. We are working closely with the hotel’s owner to resolve this situation.”

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Wyndham signs Ramada Encore by Wyndham in Indore

Wyndham Hotels & Resorts has signed Ramada Encore by Wyndham in Indore. Nikhil Sharma, Regional Director Eurasia, Wyndham Hotels & Resorts EMEA said: “This upcoming opening adds to our existing portfolio of Wyndham-branded hotels in Madhya Pradesh and reaffirms our commitment to continued growth in this important market. We look forward to our partnership and to adding an internationally-recognised hotel brand to the city of Indore.” The new property, scheduled to open in 2022, will have a modern design and will feature 100 contemporary rooms, a lobby lounge, an all-day dining restaurant and bar, meetings and event spaces, a business centre, refreshing wellness areas and an outdoor rooftop swimming pool. Once operational, Ramada Encore by Wyndham Indore will provide more than 100 jobs to the Indore city.

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Goa records highest RevPAR in Q1 2021, Bengaluru saw sharpest decline: JLL

Goa recorded highest RevPAR in absolute terms, despite the single digit decline of RevPAR by 1.1% in Q1 2021 as compared to Q1 2020, revealed JLL’s Hotel Momentum India (HMI) Q1 2021. The report highlighted that Bengaluru saw the sharpest decline of 60.6% in RevPAR compared to the same period of the previous year. High demand from domestic leisure travelers make Goa the fastest recovering market in absolute RevPAR terms

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Over 25 Accor hotels expected to open in India over next 3 years: Mark Willis

Mark Willis, CEO – Middle East and Africa, Accor, has said that in line with their expansion plans, with regard to openings in India, the group has over 25 hotels in the pipeline to open over the next 36 months. “Apart from the Raffles in Jaipur, other key openings for the year include a second ibis in Mumbai which will open late in the year,” he adds.

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Absolute Hotel Services signs U Hotels & Resorts at Karjat

Absolute Hotel Services India has announced the signing of a Management Agreement with Rivergate Resort India Limited and has added to its portfolio, U Rivergate Karjat. The project encompasses 42 rooms and 100+ individual gated Villa Scheme. Sameer Dharkar, Managing Director, Absolute Hotel Services – South Asia & Middle East region said, “We are thrilled at the opportunity to partner with Mr. Chandan Parmar, Director – Rivergate Resort India Limited and bring to the fore another premium leisure property in Maharashtra. This partnership gives us an opportunity to leverage the State’s tourism treasure trove and offer discerning travelers a global brand which will cast indelible hospitality impressions.”

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FHRAI recommends 3-year moratorium extension on all loans to rescue industry

The Federation of Hotel & Restaurant Associations of India (FHRAI) has submitted a representation to PM Narendra Modi, FM Nirmala Sitharaman, Minister of MSME Nitin Gadkari and Tourism Minister Prahlad Singh Patel requesting for urgent support to save the sector from imminent collapse. It has stated that financial reliefs extended during the first pandemic wave were inadequate and improperly implemented. The FHRAI has pleaded for immediate fiscal measures including a 3-year moratorium extension on all loans and a complete waiver of interest on loans.

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2023 is when international tourism will resume in India: IHCL

Sharing his perspective on inbound tourism, Rohit Khosla, Executive Vice President – Operations, North & West India, Indian Hotels Company Limited (IHCL), says, “The hospitality and tourism industry needs to ensure that it is future-ready to tap all the potential growth opportunities and safeguard against all kinds of crisis situations, including national disasters and pandemics. I believe that 2023 is when international tourism will resume in India.”      

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KTM Society and HAI urge FM to customise ECLGS scheme

Both Kerala Travel Mart Society as well as Hotel Association of India (HAI) have requested the FM to customise the Emergency Credit Line Guarantee Scheme (ECLGS) 3.0 that has been extended to the industry. They have also requested to investigate the anomalies in the operational guidelines and FAQ released by National Credit Guarantee Trustee Company (NCGTC), due to which, the scheme itself is being nullified.

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IHCL opens 108-key hotel in Kerala

Indian Hotels Company (IHCL) has opened a 108-key Vivanta hotel in Thiruvananthapuram, Kerala. Ideally suited for business and MICE, Vivanta Thiruvananthapuram is in partnership with Muralya Group – part of the SFC Group, founded by Kesavan Muraleedharan. The Group has a vision of opening similar hotels across leading cities in India and emerging as a leading hotel brand in India.

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