Tag Archives: CEO

Vistara has announced placing orders for a total of 19 Airbus and Boeing aircraft worth USD 3.1 billion (approx Rs 21,344 crore). The letter of intent signed with Airbus comprises 13 A320neo and A321neo aircraft, as well as options for seven more aircraft from the A320neo family. In addition, Vistara will lease another 37 new A320neo-family aircraft from leasing companies. Together, Vistara will be adding a total of 50 A320neo-family aircraft into its existing fleet. Vistara has selected the LEAP 1-A engines from CFM International to power the A320neo and A321neo aircraft, which will be due for delivery between 2019 and 2023. Vistara will use these aircraft to densify its domestic network and to support its international operations planned for later this year. Leslie Thng, CEO, Vistara said, “India’s position as the world’s fastest growing domestic aviation market and its impressive growth in air passenger traffic that has more than doubled over the last decade, makes us confident of our aggressive plans for domestic expansion and international foray. These orders are a landmark step in Vistara’s journey and demonstrate our deep-rooted commitment to contributing to the rise of the Indian aviation industry and to offering more choices to our customers.”

Hotelivate has kicked off its 6th Hotel Operations Summit India (HOSI) at Taj Palace, New Delhi with stimulating discussions on topics pertaining to the hospitality industry. HOSI, the only dedicated forum for hotel professionals in the region, aims to empower today’s hospitality leaders through enabling conversations on management and operations-related issues, the rapidly evolving marketplace, latest industry trends, benchmarking and best practices. With the focus on increasing the diaspora of the speaker by bringing in leaders from businesses that are intricately tied up with the hospitality industry, the programme encompassed a series of keynote addresses by distinguished speakers and thought-provoking group discussions. Notable speakers included industry leaders such as Anshuman Bapna, Chief Product Officer, Goibibo; Dilip Puri, Founder and CEO, Indian School of Hospitality; Jiggs Kalra, Mentor and Culinary Director, Massive Restaurants; Raj Rana, Chief Executive Officer – South Asia, Radisson Hotel Group; Rattan Keswani, Deputy Managing Director, Lemon Tree Hotels; Navjit Ahluwalia, Senior Vice President and Country Head – India, Hilton; Ritesh Agarwal, Founder and CEO, OYO Rooms; Puneet Chhatwal, Managing Director and CEO, Indian Hotels Company, to name a few.

With an aim to augment the career prospects of students in the field of tourism, Amadeus India recently conducted a training session for students at the University of Kashmir. The training was undertaken in collaboration with Travel Agents Association of India (TAAI) to introduce and prepare tomorrow’s budding professionals for the job market. Rakesh Bansal, CEO, Amadeus India, said, “Kashmir is one of the most preferred tourist destinations with thousands of travellers visiting throughout the year. We are trying to impart job training to students which will prepare them well and open up a lot of avenues when they step into the market for jobs eventually.” Sunil Kumar, President, TAAI said, “This week-long programme of Amadeus to train about 90 students on reservation and ticketing process has been a huge success. The students are now inspired to get actively connected with the growing travel and tourism industry that requires specialised training to meet the ever-increasing demands of the industry. We are delighted to join hands with Amadeus India who have played a valuable role in organising this training for the students of J&K.” As part of the company’s CSR initiative, the training focused on imparting the right skills, aptitude, knowledge and approach by showcasing different models and case scenarios.

Vistara has received its 21st aircraft, an Airbus A320neo powered by CFM engines and the airline is also eligible to start international operations now. The new aircraft will be deployed to further strengthen the airline’s domestic network. Leslie Thng, CEO, Vistara, said, “There’s great excitement amongst all of us at Vistara, as we prepare ourselves for taking the next leap in our journey to fly international. The arrival of our 21st aircraft makes this phase even more special. It enables us to strengthen our network further, which gives us the opportunity to offer more choices in terms of frequencies to our ever-growing base of loyal customers.” Vistara’s A320neo aircraft comes in its unique cabin configuration of 158 seats (8 Business Class, 24 Premium Economy and 126 Economy Class) as well as other industry-first features, for which the airline calls it #NotJustAnotherNeo. Vistara has consistently raised the bar in the Indian aviation industry and has flown over 9 million customers, and today serves 22 destinations with over 800 flights a week.

Private Safaris Southern Africa, a leading destination management company based in South Africa and Namibia, has recently appointed The Strategy Store as its representative in India. Talking about the appointment, Monika Iuel, CEO, Private Safaris Southern Africa says, “The Private Safaris brand has always enjoyed a healthy support from the Indian market. By partnering with The Strategy Store, and through their excellent relationships and reputation, we will no doubt improve our footprint even further. We look forward to the presence our new partnership with The Strategy Store will bring us.” Commenting on the development, Sherry Varma, Founder, The Strategy Store said, “We have a very emotional connection to South Africa, and we are extremely happy to be assigned the task of handling marketing and sales for Private Safaris Southern Africa in India. Private Safaris’ competitive packages and quality of services will help us to develop and multiply their market share in India. We are very thankful to Private Safaris for this opportunity and are very excited to be part of the team.” Private Safaris arranges all aspects of destination management services in Southern Africa for FITs, groups, business and leisure.

OYO has formed a strategic partnership with Motherland Joint Ventures, the group that has helped build India’s global brands, including Incredible India, Royal Enfield, Make in India and IndiGo. This partnership will enable OYO and Motherland to co-develop a series of exciting new hotel formats and enhance various aspects of customer experience – including key touch points such as Interiors and ergonomics – all of which will offer guests an unprecedented combination of style, efficiency and affordability. This category transformation process began in 2017 with the launch of OYO Townhouse, the ‘friendly neighbourhood  hotel’ that is receiving rave reviews as it rapidly expands across the country. This alliance will facilitate and strengthen OYO’s mission of creating beautiful living spaces via its innovative approach to brand strategy, product definition and customer experience design. As part of this strategic partnership, OYO and Motherland will be launching a massive new retail collaboration that will feature a mix of original products specially designed for new age brands such as OYO Townhouse. Initially available exclusively at OYO Townhouses, Motherland products will soon be available at other OYO spaces, including online channels. Commenting on the partnership, Ritesh Agarwal, Founder & CEO, OYO said, “In our pursuit of creating beautiful living spaces, the partnership with Motherland will enable us to co-develop new, exciting hotel formats and enhance guest experiences – including Interiors and ergonomics – offering guests an unprecedented mix of style, efficiency and affordability. We are confident the Motherland alliance will augment OYO’s overall value propositions through their skills in brand strategy, marketing and designing.”  

VITS Luxury Hotels has unveiled ‘VITS Mango Blossom, Gurugram’, a luxury corporate hotel located near Udyog Vihar Industrial Hub. Well-connected through railways, road and air to all major cities, the hotel offers ease of travel and transit to all the corporate travellers. Announcing the launch, Chandrakant Shetty, CEO, VITS Luxury Business Hotels says, “We are extremely upbeat on the exponential growth prospects in Gurugram that has fuelled demand of upscale mid- market hotels in this region. The city has seen steady growth in inflow of business travelers in the last two decades but there is still acute shortage of upscale mid-market hotel rooms. We are extremely delighted to bridge this gap with the launch of our first property in Gurugram. We believe VITS Mango Blossom with its strategic location, imposing décor, banqueting and host of hospitality will appeal to both leisure and business tourists”. The well-furnished accommodation blends contemporary design with unmatched comfort. The 37 guest rooms comprising Deluxe and Superior rooms present a corporate sojourn with impeccable amenities. Mirroring the aura of elite class living, each of the rooms boats of tastefully adorned décor, upscale comfort, luxury ambience and exclusive facilities.

Treebo has announced its acquisition of Events High, a marketplace for experiential events and activities for an undisclosed amount. Events High’s acquisition is strategically aligned with Treebo’s mission to become India’s most loved travel network by delivering delightful experiences to every traveller. Events High offers customers information on, and ability to book activities like treks and hikes, cooking classes, dance classes, concerts, heritage walks, nightlife, etc. in eight cities – Bengaluru, Mumbai, Delhi, Chennai, Hyderabad, Pune, Kolkata and Goa. The move will effectively enable Treebo to enter the thriving events and activities segment in India. Post the acquisition, Treebo has absorbed the entire Events High team. Commenting on the acquisition, Sidharth Gupta, Co-founder, Treebo said, “We are on a mission to offer delightful experiences to travellers and build the most loved travel network by offering curated local events and activities to our customers through Events High. Experiencing these local activities is a core part of people’s travel plans. More so now than ever before, people are keen to buy ‘experiences’ not ‘things’.” Nikesh Garera, Co-founder and CEO, Events High said, “Customers value engagement and unique experiences, and Events High has always been committed to curate these experiences and make them discoverable. Stay is an integral part of the huge number of travellers who attend such experiences, and with Treebo we share the vision to offer delightful experiences to such travellers.”

Singapore Airlines’ (SIA) regional wing, SilkAir, is set to undergo a significant investment programme to upgrade its cabin products as part of a multi-year initiative that will ultimately see it merged into SIA. The programme will comprise investment of more than $100 million to upgrade the wholly owned subsidiary’s cabins with new lie-flat seats in Business Class, and the installation of seat-back in-flight entertainment systems in both Business Class and Economy Class. This will ensure closer product and service consistency across the SIA Group’s full-service network. “Singapore Airlines is one year into our three-year Transformation Programme and today’s announcement is a significant development to provide more growth opportunities and prepare the Group for an even stronger future,” said Goh Choon Phong, CEO, SIA. “Importantly, it will be positive for our customers. It is another example of the major investment we are making to ensure that our products and services continue to lead the industry across short-, medium- and long-haul routes.” Aircraft cabin upgrades are expected to start in 2020 due to lead times required by seat suppliers, including to complete certification processes. The merger will take place only after a sufficient number of aircraft have been fitted with the new cabin products. Specific details will be announced progressively as the programme develops and timelines are finalised.  

Yatra Online, Inc and Chrome River Technologies, Inc a global provider of expense management and supplier invoice processing software, have announced an agreement to deliver streamlined, integrated expense automation solutions for companies based out of India. Yatra will resell Chrome River EXPENSE as part of an integrated travel booking and expense management solution with Yatra’s Self Book platform. Chrome River EXPENSE will empower Yatra’s corporate customers to better enforce expense policies, provide an optimal traveler experience, and reduce wasteful spend. Commenting on the partnership, Dhruv Shringi, Co-founder and Chief Executive Officer, Yatra Online, Inc said, “As we continue to grow in the corporate travel segment, we are teaming up with Chrome River, to further drive efficiencies in travel bookings by automating the expense management process. The depth and reach of its network and solutions is unparalleled in the industry. Our technology platforms complement each other, and together we will offer services best suited to the needs of Indian travellers to ultimately enhance their travel booking experience. We look forward to growing with Chrome River.” “India is one of the fastest-growing business travel markets, and corporate travel spending is increasing at 12 per cent per year, which is more than double that of the U.S. and almost five times the growth seen across Europe. This growth, combined with a need for many Indian companies to improve business processes in areas such as travel booking and expense management, offers an excellent opportunity for Chrome River and Yatra,” said Alan Rich, CEO, Chrome River.