Tag Archives: Chief Executive Officer

IndiGo vows to pay refunds & credit shells by 31st Jan, 2021

IndiGo has said that they will make complete payment against all pending credit shells latest by 31st January, 2021. The airline has been refunding amounts owed to customers whose flights had been cancelled during the lockdown and has processed close to INR 1000cr of refunds already, which is approximately 90% of the total amount owed to the customers. Ronojoy Dutta, Chief Executive Officer, IndiGo said, “The sudden onset of Covid19 and the resulting lockdown, brought our operations to a complete halt by the end of March of this year. As our incoming cash flow dried up, we were unable to immediately process refunds for cancelled flights and had to create credit shells for the refunds that were due to our customers. However, with the resumption of operations and a steady increase in demand for air travel, our priority has been to refund the credit shell amounts in an expedited manner. We are pleased to commit that we will disburse the full 100% credit shell payments latest by January 31, 2021. We would like to thank all our customers who stood by us for their patience and understanding during this unprecedented crisis.”

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Accor adds India, Turkey in its Asia & ME region

Accor has added India and Turkey to its Middle East & Africa region. Under the newly expanded region would come a portfolio of over 84,000 rooms across 400 hotels. This regional expansion brings an increased pipeline of over 112 properties, scheduled to open in the coming 24 months, bringing the overall number of keys close to 110,000 rooms. “The addition of Turkey and India to our already diverse region means that we will be able to consolidate the existing relationship and work that has been accomplished over the years and centralize it into a collective effort. It is in a strategic but natural move that we are integrating India and Turkey to our portfolio with long term plans in sight for the future of the region,” says Mark Willis, Chief Executive Officer, Turkey, India, Middle East & Africa for Accor.

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GoAir CEO Cornelis Vrieswijk quits; Jeh Wadia to be interim chief

Cornelis Vrieswijk, Chief Executive Officer, GoAir has resigned from the post within nine months, citing personal matters. The airline said Jeh Wadia, Managing Director, will be discharging the additional responsibilities of the CEO, till it finds a successor to Vrieswijk. The Dutch national joined GoAir only last June after the departure of Wolfgang Prock-Schauer in December 2017. “At the nominations and remunerations committee meeting held by the board recently, Vrieswijk expressed his desire to relocate to Amsterdam since his family was not wishing to settle down in Mumbai,” the company said in a statement. Vrieswijk has over 25 years experience in the aviation and travel industries with stints at Thomas Cook Group and Transavia Airlines. Source: PTI

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Taj forays into Himachal Pradesh with Taj Theog Resort & Spa, Shimla

The Indian Hotels Company Limited (IHCL) is introducing the iconic Taj brand in Himachal Pradesh with the opening of Taj Theog Resort & Spa, Shimla. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “We are delighted to open our first hotel in Himachal Pradesh. This will be the company’s first mountain resort. With this new addition, we have expanded our resort portfolio which is the largest in India. The state has great tourism potential and we look forward to expanding our footprint to showcase the pristine beauty of this region.” Nestled amidst thick Cedar forests and spread over five acres, every nook and corner of the hotel offers mesmerising views of the mighty Himalayas. Taj Theog Resort & Spa’s design and architecture echoes colonial charm reminiscent of hill station appeal. Each of the 99 rooms, with warm wooden furniture, traditional rugs and tall French windows offer spacious balconies overlooking snow peaks and quaint villages. “Taj Theog Resort & Spa is a sanctuary amidst conifers, cedars and tiny hamlets with the stunning skyline of the Himalayan range as a backdrop. It serves as an ideal location for guests seeking a mix of adventure and relaxation coupled with Taj’s legendary service.” said Naveen Barthwal, General Manager, Taj Theog Resort & Spa, Shimla. Guests have a choice of distinctive culinary options which include an all-day diner – Tragopan that offers the robust Pahari cuisine along with global cuisines and comfort food; Peony, the oriental restaurant offers Sichuan and Cantonese cuisines.

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Now fly direct to Dubai from Kozhikode on flydubai

flydubai has recently started thrice-weekly direct operations between Kozhikode and Dubai. With this launch, flydubai now offers 30 weekly flights to and from Dubai to eight destinations in India. On the launch of operations, Ghaith Al Ghaith, Chief Executive Officer, flydubai, said, “As the first Dubai-based carrier to operate direct flights from Dubai to Kozhikode, we expect this route to be very popular for travellers from the UAE to the region.  Similarly, passengers from Kozhikode now have easier access to popular destinations on the flydubai network as well as the Emirates network providing easy access to more destinations when visiting family and friends.” Speaking at a press conference held recently to mark the start of flights to Kozhikode, Sudhir Sreedharan, Senior Vice President—Commercial Operations (UAE, GCC, Subcontinent and Africa), flydubai, said, “With the commencement of our service to Kozhikode, passengers will be able to connect to hundreds of destinations.  flydubai’s professional and friendly service on board will offer an exceptional travel experience whether travelling for business or leisure.” Business Class services will be available on this route and offers faster check-in, priority ground services and onboard comfortable spacious seats. Passengers choosing Economy Class will be able to enjoy the airline’s innovatively-designed seats to optimise legroom and maximise comfort. With the commencement of this new route, the airline further grew its Indian network, which currently includes Ahmedabad, Chennai, Delhi, Hyderabad, Kochi, Lucknow and Mumbai.

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10 out of 11 Indian cities registered increase in ARR

Ten out of eleven markets registered stability or increase in average daily rate (ADR)s in the first half of 2018, according to recent report by leading investment firm, JLL. Mumbai is the leader in absolute RevPAR and Delhi is the leader in RevPAR percentage change in H1 2018 over the same period last year. Raj Rana, Chief Executive Officer- South Asia, Radisson Hotel Group said, “The overall business sentiment in the hotel industry has been high in 2018 and it may well be marked as the beginning of a sustainable upswing. Buoyed by occupancies touching 70 per cent in many markets and average rates registering improvement, the industry seems to be headed in the right direction. Having braved some early headwinds last year, the industry seems to have regained strength on the back of growing demand, slowing down of supply and various initiatives taken by the government.”

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Brisbane Airport to host world first in-terminal cricket match on November 22

Brisbane Airport Corporation (BAC) is set to bring the game of cricket to the heart of Brisbane Airport’s (BNE) International Terminal on November 22, with former international superstars Brett Lee and Michael Kasprowicz making guest appearances to stage a world first cricket match inside an airport terminal. The match will be streamed live on Brett Lee’s own Facebook page to a global audience. The former Australian cricket players will captain two teams consisting of senior representatives from the India and Australia travel industries, in a twenty-over indoor exhibition style cricket match as part of Tourism Events Queensland’s ‘Queensland on Stage India’ event for 2018. Gert-Jan de Graaff, Chief Executive Officer, BAC, said it is an exciting world-first event that not only highlights the great mateship and friendly rivalry between Australia and India but also provides a unique opportunity to strengthen and celebrate tourism between the two nations. “India and Australia share a love of family, travel and cricket, so we thought we’d take the opportunity to celebrate these shared values with a bit of fun, whilst also showcasing Brisbane as an aspirational travel destination offering a wide range of experiences for Indian visitors. India is one of the world’s fastest growing outbound travel markets with more than 300,000 Indians visiting Australia last year and more than 33,000 of those visiting Brisbane, which was a 36 per cent increase on the previous year,” he said. “Being able to showcase Brisbane Airport as the gateway to Queensland and Australia will allow existing and new airline partners to reinforce the importance of this growing market. With rising travel demand, and our business and trade relationship showing further growth, BAC is very interested in …

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OYO appoints Aditya Ghosh as CEO, India and South Asia

OYO Hotels has appointed Aditya Ghosh as the Chief Executive Officer (CEO), India and South Asia, effective December 1, 2018. With an experience of over 21 years, he has been entrusted with the responsibility of overseeing and growing the hotel business in South Asia, including India, Nepal and the other upcoming markets in the region. He will be a thought partner to every OYOpreneur, by enabling a work culture that rewards performance and celebrates diversity and inclusion. Commenting on his appointment, Ritesh Agarwal, Founder and Group CEO, OYO Hotels and Homes, said, ‘’In the last five years, OYO Hotels and Homes expanded its global footprints to over 500+ cities in seven countries, from Indonesia to the UK, with China and India as home markets. Today, we host guests from around the world in over 12,000 franchised and leased hotels and over 330,000 rooms. Of this, we have over 5500 leased and franchised hotels and over 143,000 rooms in India. This year, we also saw a 3x growth in revenue. As we grow our business, we feel it is essential to continue to invest in building one of the most influential leadership teams and bringing in professionals with an entrepreneurial mindset and from diverse backgrounds that can help lead the next wave of growth at OYO Hotels. With Aditya taking on this mantle for one of our home markets, India and the broader South Asia region, we are confident that he will be able to help OYO Hotels set new benchmarks in the hospitality industry and nurture a high-performing workforce. His business acumen, problem-solving capabilities and customer-centric approach to innovation helped him build an influential brand that is loved by all, makes …

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VFS Global signs visa service contracts with eight European governments

In August and September 2018, VFS Global signed eight contracts with existing and new client governments to extend their visa service network. As per the new contracts, VFS Global will now provide visa services for Belgium in Rwanda; Estonia in China, India, Belarus, Turkey, and Russia; Germany in China and 13 other countries in South East Asia; Hungary in India, Belarus, Kazakhstan; Italy in Bahrain and Ecuador; Lithuania in Ukraine; Slovenia in 13 countries (Australia, Bosnia & Herzegovina, Canada, Iran, Kosovo, Mexico, New Zealand, Serbia, South Korea, Taiwan, UAE, UK, USA); and the Czech Republic in Vietnam, Mongolia and Uzbekistan. VFS Global plans to open an additional 97 visa application centres to meet the requirements of the new contracts and offers applicants a convenient and easy visa application process in these additional countries. The roll-out of all new operations is expected to be completed by mid-2019. Zubin Karkaria, Chief Executive Officer, VFS Global Group said, “VFS Global is grateful for the trust and goodwill the European member states have placed in us over the years. With the recent renewal of our relationship with eight European governments across multiple regions, we are pleased to offer our high quality visa services to many more visa applicants.” Chris Dix, Head–Business Development, VFS Global, said, “This has been a great quarter for VFS Global. Today, VFS Global is the trusted partner of 61 client governments, in large part due to our uncompromising approach to using technology as a key business driver.”

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IHCL expands presence in Nepal; signs new hotel in Kathmandu

The Indian Hotels Company Limited (IHCL) has announced the signing of a new Vivanta hotel in Kathmandu, marking the entry of the brand in the city. This will be IHCL’s second hotel in Nepal after Meghauli Serai in Chitwan National Park, a UNESCO World Heritage site. Commenting on the signing of this agreement, Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “We are honoured to partner with R&R Hotels and Resorts for this new hotel. Kathmandu is an extremely popular destination and this hotel will help us complete a tourist circuit with Meghauli Serai, our Taj Safari Lodge in Chitwan National Park.” The hotel will have approximately 111 spacious rooms and suites with a selection of rooms offering panoramic views of the city. The hotel will also include all-day dining and specialty restaurants, a bar, banqueting facilities and a spa. Commenting on the partnership, Rahul Chaudhary, Director, R&R Hotels and Resorts, said, “We have had a long standing association with IHCL for a range of hotels in multiple destinations. We are extremely proud to carry this relationship forward with the new Vivanta in Kathmandu.” Kathmandu has been at the centre of Nepal’s history, art, culture and economy. Some of the most popular attractions include the sacred and famous temple Pashupatinath, one of the biggest stupas in the world Boudhanath Stupa and Narayanhiti Palace Museum amongst others.  

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