Category Archives: Hotels

JLL’s Q2 2020 performance trend chart revealed that Mumbai continues to be RevPAR leader in absolute terms despite the decline of RevPAR by 81% in comparison to Q2 2019. All key 11 markets in India witnessed a decrease in RevPAR Performance in Q2 2020 over the same period last year Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of RevPAR by 81% in Q2 2020 compared to Q2 2019 Goa saw the sharpest decline in RevPAR in Q2 2020, with a 93.9% decline compared to the same period in the previous year. ‘Vande Bharat Mission’ remains a major demand generator for hotels in key cities. Total no. of signings in Q2 of 2020 stood at 7 hotels comprising of 673 keys, witnessing a decline of 83% of signings in terms of inventory over the same period last year. International hotel operators dominated signings over Domestic operators with the ratio of 63:37 in terms of inventory volume.

InterContinental Hotels Group (IHG) has opened first Holiday Inn of new Gurugram in Sector 90 of the city. Combining business and comfort, the new hotel is equipped with 263 rooms & suites. The hotel will be the first Holiday Inn in New Gurugram & its prime location offers easy accessibility to Manesar, Southern Periphery Road, Dwarka Express Highway & the city centre. The hotel is located approximatively 45 minutes from Indira Gandhi International Airport, 30 mins from Gurugram’s railway station & 30 mins from Huda City Centre Metro station. Holiday Inn Gurugram Sector 90 favours proximity to the industrial hub Manesar and extends towards Binola, Bhiwadi, Bawal & Pataudi. The hotel is an ideal weekend getaway destination for Delhi NCR residents and offers a convenient stopover for tourists covering the ‘Golden Triangle’ of Delhi, Agra and Jaipur. “Holiday Inn Gurugram is the perfect place to create memories,” said Nitinn Sharma, General Manager of Holiday Inn Gurugram Sector 90. “We are excited to welcome our guests and bring them closer to experiencing the world-class facilities. Business and leisure travellers alike can expect their work and comfort needs to be met with all the essentials available at their fingertips.” Guests can enjoy a restful night’s sleep, with each contemporary guestroom offering a refreshing overnight recharge, complete with all the essentials guests need available right in their rooms. Guests can feel right at home in their rooms with multiple charging points, tea and coffee facilities and complimentary Wi-Fi at a standard speed designed to provide a home away from home. Viva- All Day Dining, also featuring a Bar & Lounge, serves Asian, Indian and Western cuisine during all three meal periods with both …

Hotel management company VATS Hospitality and Care is planning to launch new hotels in Agra, Mathura, Patna, Bettiah, Motihari and Ranchi. Sharing information, company’s co-founder & CEO Siddarth Sharma said that they have tied up with three hotels in Vrindavan, Kota and Raxaul Bihar in just a short span of time.

JLL’s Hotel Momentum India (HMI) Q2 2020, has revealed that Goa saw the sharpest decline in RevPAR in Q2 2020, with a 93.9 percent drop compared to the same period in the previous year.

Steve Borgia, CMD, INDeco Leisure Hotels, has said that it was constant innovation and doing what was permissible during the lockdown, that has made them make profit in June, and survive the lockdown. Speaking at the 5th TravTalk Digital Conclave, he said, “After a lot of problems, continuous innovation and continuous cost cuts, we are now comfortable. We launched a number of packages for weddings, local guests, parents of NRIs, young women with babies, as well as for bachelors. All this helped us make profit. We need to constantly transform and innovate, and create a price advantage.”

Himmat Anand, Founder, Tree of Life Resorts & Hotels, has revealed that they managed to do an occupancy of 68% at their Jaipur property in July, and that too at an ARR of Rs.10,700. “At Tree of Life Resort & Spa Jaipur, we did better occupancy than last July. Presently, in August we have 58% booked occupancy,” he said.

HVS ANAROCK’S latest monthly newsletter titled ‘Hotels & Hospitality Overview India’ reveals that Kochi was the top performing market in India in June with negative growth in RevPAR at 50.3 per cent, followed by New Delhi at 72.4 per cent. Bengaluru and Goa were the lowest performers for the month of June 2020. 

jüSTa Hotels & Resorts has opened doors to its four properties in Rajasthan. Rohit Katyal, National Sales Head, jüSTa Hotels & Resorts, says that these properties are already getting some leisure bookings from Delhi, Jaipur and some parts of Gujarat, with most guests driving in. This Monsoon season, explore the Mewar kingdom of Rajasthan with jüSTa Hotels & Resorts. Spend some quality time with your loved ones at the gorgeous Lake Nahargarh Palace in Chittorgarh, dwell in the divinity of Shrinathji at Brij Bhoomi in Nathdwara, or simply experience the Venice of East at Sajjangarh Resort & Spa and Rajputana in Udaipur.

On behalf of the hotel industry of Odisha, J K Mohanty, MHCIMA, Chairman – Hotel & Restaurant Association of Odisha & IATO Eastern Region, has written a letter to Reserve Bank of India, to extend the moratorium period up to March 2021 and exempt hoteliers from payment of interest during this period as it is not possible to pay interest without earning. He also expressed his gratitude to RBI for announcing immediate action to avoid the crisis by allowing relief on loan moratorium on interest and principal repayment for a period three months and later extended to six months.

Accor is all ready to set footprints in Chandigarh with its popular brand, Novotel. Being developed in the city centre close to the airport, the Novotel Chandigarh Tribune Chowk will offer 120 rooms, two food and beverage outlets, function rooms of various sizes, a swimming pool, and a gymnasium. This 21st Novotel is scheduled to open by early 2021.