Tag Archives: hospitality

Royal Orchid & Regenta Hotels today announced their arrival in upmarket Mumbai with the launch of its 68 rooms boutique property  ‘Regenta Place The Emerald’ in Juhu. The property  is strategically located at the Tara Juhu road making it an ideal choice for both leisure and business travelerrs.   Chander K Baljee, Chairman and Managing Director, Royal Orchid & Regenta Hotels said, “The launch of ‘Regenta Place The Emerald’ in Mumbai  is in sync with our continued vision of strengthening presence in key domestic markets. Maharashtra has always remained a critical market in terms of  tourism and business potential”. Philip Logan, (COO), Royal Orchid & Regenta Hotels, said, “Our diverse portfolio of accomodations are testament to the fact that we are well poised to set new standards in hopistality industry. While we already have presence in Navi Mumbai, the launch of ‘Regenta Place The Emerald’ in Juhu, at the heart of  Mumbai marks an exciting beginning for the brand. We are delighted to add a new landmark in this city and are certain that the elite, urban positioning of the excuisite property will welcome our loyal as well as new guests not only locally but from all over the world.” The property will host a range of fully equppied rooms including exquisite superior rooms. Spacious deluxe rooms, stylish studio rooms, sophisticated one- bedroom apartments, and spacious two- bedroom apartments. ‘Sapphire’, the veg Indian Specialty Restaurant & Bar at the hotel will be offering low cholesterol, fat- free, zero oil delectable vegetarian cuisine for the very first time in India setting a new benchmark in healthy dinning. The other dining options include a stylish lounge bar and Café 49 & 49 Bakers …

The 7th edition of India Travel Awards will be held on 25 July at the Hyatt Regency New Delhi. The awards commemorate industry players under various categories of travel, tourism and hospitality industry. The awardees will take home the golden trophy ‘Maya’.

Thomas Cook (India)’s operating EBITDA grew to ₹2.7 Bn for FY23 against a loss of ₹1.2 Bn in FY22, owing to growth driven by Foreign Exchange & Travel Businesses (Thomas Cook); Hospitality (Sterling Holidays). It is the highest operating EBITDA & operating PBT for Thomas Cook in a decade.

Tourism is designated as an industry, and as such, it will benefit from government tariffs and levies in accordance with Industry norms. On Wednesday, Rajasthan Chief Minister Ashok Gehlot presented the state budget for the years 2022-23. According to him, the tourism and hospitality would be recognised as a separate industry in the state. The budget’s main focus was on jobs and healthcare.

Mandeep Singh Lamba, President – South Asia, HVS ANAROCK, has said that the hospitality industry would see changes in terms of design and operations after the COVID-19 crisis is over. Speaking at the third TravTalk Digital Conclave, he said, “There are going to be some permanent changes that will happen in the industry, both in terms of operations of the hotels and in terms of design. We need to understand that is perhaps not the last time we are seeing a disruption of this kind. It’s a reality, which can hit us again, and hence we need to be far better prepared the next time. This crisis has stirred the industry into making some serious changes.”

Over 80 per cent CEOs from leading hospitality firms in India believe that the sector will see robust growth in the coming years, according to a latest report titled ‘Hospitality insights from the Indian CEO’s desk’ by Confederation of Indian Industry (CII) and PWC. Eighty-three per cent CEOs believe that revenues from business travellers will grow significantly over the next few years. Although MiCE has not been a significant contributor to the Indian hospitality sector so far, this trend is likely to change with better planning as well as improved infrastructure. On the other hand, few CEOs believe that leisure travel will keep pace with growth seen in business travel and MiCE.

Rapid urbanisation in India is increasingly making Tier-III markets more relevant in the eyes of the hotel brands, according to a ‘India Hospitality Industry Review’ report by HVS Anarock. Nearly a third of new hotel signings emerge from these markets despite hotels being much smaller than those located in Tier-I markets. This is also happening on account of newer hotel management companies setting shop as also the smaller ones looking to grow rapidly through franchise or management agreement of smaller stand-alone hotels in Tier II, III cities.