Tag Archives: CEO

Indian Hotels Co Ltd (IHCL) has announced that Rahul Pandit, MD and CEO, Roots Corporation, a subsidiary of IHCL that owns and manages Ginger Hotels, has resigned effective April 2, 2018 due to personal reasons. Pandit has been with the company for around three years. Puneet Chhatwal, Managing Director, IHCL and CEO, Roots Corporation, said, “The Board respects Pandit’s decision and thanks him for his leadership. During his tenure, Ginger expanded its portfolio  in line with the company’s growth strategy whilst achieving its highest customer satisfaction ratings . We wish him the very best with his endeavors. There is a stable leadership team in place at Roots Corporation and we will continue to pursue our aggressive plans for the company.” Pandit stated, “It has been an honour to lead Roots Corporation over the last few years. It was an exceptional learning experience which added value to my professional journey. I would like to thank my board members and colleagues for their support during my stint.”

Ginger Hotels has opened its second hotel in Goa with the launch of Ginger Goa, Dona Paula. The move is in line with Indian Hotels Company Limited’s (IHCL) focus on increasing its footprint across segments to meet the consumer demand at various price points. The hotel offers 24 rooms with a choice of a private terrace or a balcony. Rahul Pandit, Former MD & CEO, Roots Corporation says, “We are delighted to expand brand Ginger in Goa with the opening of Ginger Goa, Dona Paula – our second hotel in Goa and the 17th in the western region. This move will only add momentum to the city’s thriving tourism and is in line with IHCL’s commitment to Goa.” Ginger Goa, Dona Paula enjoys a prime location and is situated between the Dona Paula beach and Vainguinim beach. The hotel is within a 40-minute drive from the airport and is near Panjim city centre as well as the Karmali railway station (Old Goa). It features a multi-cuisine restaurant, fitness centre, swimming pool, meeting facilities and complimentary Wi-Fi.

Cox & Kings-owned Meininger Hotels and investor LGIM Real Assets have signed an agreement for a hotel in Glasgow, scheduled to open in 2020. It will be located on West George Street opposite Queen Street Train Station and will offer 160 rooms and 590 beds. This will be Meininger Group’s second hotel in the UK. It already operates a hotel in London since 2006. Hannes Spanring, CEO, Meininger Hotels, says, “Great Britain is a very important market for us and Glasgow as Scotland’s largest city is the perfect location for another Meininger hotel in the UK. The Glasgow hotel is an excellent addition to our portfolio, due to its prime location in the heart of the city centre.” The room types will range from classic double rooms through private multi-bed rooms to beds in a dorm room. The public areas include reception, lobby, lounge, breakfast room and bar as well as a guest kitchen and game zone. At basement, ground and mezzanine levels, the scheme will also create around 1400 sqm of new retail space. Due to its proximity to the train station, the hotel is well connected to both local and long-distance destinations, with trains running to the north of Scotland and to Edinburgh, which can easily be reached within 40 minutes. The nearest underground station is also just 160 meters from the hotel.  

Jukaso Journeys has acquired five properties in Udaipur, Corbett, Manali, Bhimtal and Dharamshala over the last three months. These are Jukaso Sai Palace Udaipur, Jukaso Jim Corbett, Jukaso Seven Heaven Bhimtal, Jukaso Mrikula Cottage Manali and Jukaso Palace Dharamshala. Jukaso Journeys is planning to expand and hence aims to open 15 properties by the end of 2018. Yajush Khanna, CEO, Jukaso Journeys, says, “We are excited about expanding our footprint in Tier-II cities in India with these properties. It is a great opportunity to enter the new market as we are trying to mark our presence in major tourist destinations. We intend to strengthen our upscale brand in the country.” The Jukaso group runs hotels in Delhi, Gurgaon, Pune, Vizag, Varanasi, Dharamsala, Corbett, Mahabaleshwar and Switzerland.

The Hotel and Restaurant Association of Northern India (HRANI) held its conclave recently on ‘Synergising Food Safety Standards & Regulation in Hospitality Industry’ at The Imperial, New Delhi in association with Food Safety and Standards Authority of India (FSSAI). Speaking at the press conference, Pawan Aggarwal, CEO, FSSAI said, “We have moved a long way since last year in building trust with the food businesses. With our focus on trainings, 16-18000 people have been trained and about 850 training sessions have been held. Our focus remains on preventive safety.” On the upcoming projects, he said, “In a few months, we will be launching a new generation of IT platform, Food Safety Compliance System (FSCS), which will provide a history sheet of food permissions and their compliances. We are also trying to establish clean street food hubs by demarcating areas for street food.” Plenary sessions were held on ‘Simplification of Food Safety Regulations for ease of doing business’ and ‘Save Food Share Food Share Joy Initiative’. An awards ceremony also took place to felicitate HRANI member units for implementation of Food Safety Training and Certification(FoSTaC).    

Having inked its first business acquisition, OYO has entered into an agreement with Chennai-based service apartment company, Novascotia Boutique Homes. The acquisition will add to the company’s existing portfolio and reiterate its focus on corporate service. Commenting on the development, Ritesh Agarwal, Founder & CEO, OYO said, “The acquisition forms an integral part of our inorganic growth plan, in line with our ambition to create quality living spaces and add value to every form of real estate. OYO is poised to deliver 180,000 keys by the end of 2018 and with Novascotia’s strength, we will be adding service apartments to our existing portfolio.” With this acquisition, OYO will bring its distribution, operational, transformational and technological capabilities on board for offering corporate travellers accommodation options. The acquisition will boost OYO’s portfolio by 350 rooms across locations where Novascotia has its footprints. Novascotia has built a portfolio in locations including Chennai, Coimbatore, Hyderabad, Kochi and Trivandrum. OYO plans to expand these offerings to 12 cities by the end of 2018. These serviced apartments are located in the heart of business hubs equipped with spacious rooms, upscale interiors, meals, gym and dining area to cater all the requirements of business travellers.  

India will add around 10 million jobs in the travel and tourism sector by 2028, according to a latest report by the World Travel & Tourism Council (WTTC). WTTC forecasts that the total number of jobs related to tourism will increase from 42.9 million in 2018 to 52.3 million in 2028. India is currently the seventh largest travel and tourism economy in the world. Overall, the total contribution of the sector to the economy was Rs 15.2 trillion (US$234 billion) in 2017, or 9.4 per cent of the economy once its direct, indirect and induced benefits are taken in to account. Gloria Guevara, President & CEO, WTTC, said, “Travel and tourism creates jobs, drives economic growth and helps build better societies. This is particularly clear in India which is forecast to be one of the fastest-growing tourism economies in the world over the next decade, adding 10 million jobs and hundreds of millions of dollars to the economy by 2028.” “Looking to the future, India can strategically lead travel facilitation within the SAARC region by introducing a standard technological solution, modern technology and biometrics. This will enhance the travel and tourism economies in the region. The Indian aviation market is expanding with rapid advancement in connectivity within India. Indian airlines have booked 900 plus new aircrafts to add capacity and expand operations over next couple of years,” Guevara shared.

Preferred Hotels & Resorts recently kicked off the Asia Pacific series of its 50th anniversary celebrations at The Leela Palace New Delhi with a specially curated luncheon presentation at Le Cirque, hosted by the group’s CEO Lindsey Ueberroth and Executive Vice President Saurabh Rai. “As we commemorate the Preferred brand’s 50-year legacy of inspiring travel, we are more committed than ever to providing travellers with even more opportunities to embrace the spirit of independence and to making our pineapple logo synonymous with the ultimate hallmark in world-class hospitality,” said Ueberroth. “It is so exciting and humbling to see how far we have come as a company, and I am delighted to have the opportunity to celebrate this major milestone with our associates, partners and friends from around the world. “As the region’s largest independent hotel brand, Preferred Hotels & Resorts is entering its 16th year in India, and we are focused on continuing to build on the foundation of our company’s 50-year legacy of championing the independent hotel space. We are committed to forging ahead with more innovative and strategic consumer-focused initiatives to foster greater engagement in this market,” added Rai.

Tourism Fiji has announced the appointment of Seema Kadam as its Country Manager for India. She will be based in Mumbai and will be responsible for Tourism Fiji’s activities across India. Kadam brings with her an abundance of knowledge of the travel industry and products as well as great interpersonal and business development skills. Having worked and excelled at other international tourism companies such as Switzerland Tourism, where she was the Area Manager, she is well qualified to lead the team in India for Tourism Fiji. Matthew Stoeckel, CEO, Tourism Fiji, said, “India is a strategically important market for us and one that has significant potential for sustainable long-term growth. This new appointment is the first of many steps we have taken to increase visitor arrivals from India and further promote Fiji within the India market. Visitor arrivals from India have grown by 24 per cent over the last three years and we hope to drive these numbers up further.”

Celebrity Cruises has announced the launch of two new ships – Celebrity Edge and Celebrity Flora in Mumbai with operations beginning from December 2018 and May 2019 respectively. Capable of hosting about 2952 guests onboard, Celebrity Edge has an innovative design with an infinite veranda, magic carpet and a suite. Lisa Lutoff-Perlo, President and CEO, Celebrity Cruises said, “The first itineraries of Celebrity Edge will be in the Caribbean this year followed by Europe in April 2019. Based on the travel patterns and desires of the Indian market, we plan to work here to bring Indian guests onboard throughout the itineraries we will be offering in Europe from Barcelona and Rome. Celebrity Flora is also a brand new ship purposefully built for the Galapagos Islands, a bucket-list destinations for many people around the world. The ship is an environment friendly ship with 50 suites for 100 guests. The design of the ship is like a yacht and the sailing starts from May 2019 for seven-night cruise itineraries.” Celebrity Cruises also revealed it will be investing USD 400 million to modernise its fleet of ships between 2019 to 2023. Four of the ships will undergo complete renovation of the staterooms and bathrooms. Redesigning the public space on the ships will also be part of the modernisation.