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Tourism Gets 10-Fold Increase
In Maharashtra Budget
Taking a cue from the Union Budget, Maharashtra has for the first
time recognised tourism as a major thrust area for economic growth
in the state Budget 2003-2004.
IndeCorp Enters The India
Market
The IndeCorp Corporation, which owns three brand subsidiaries, has
made its entry into the India market through an arrangement with
The Imperial Hotel, New Delhi.
Industry Future Hangs
On War Outcome
With the US-Iraq war getting underway, Indian hospitality once again
finds itself in the precarious position almost similar to the days
after September 11, 2001.
MBD Airport Hotel Signs
MoU With Carlson Hospitality Group
International hotel chains are entering the hospitality industry
of Kolkata in a big way. First it was the Hyatt Regency, then ITC
Sonar Bangla Sheraton Hotel & Towers kicked off their operations
in the city. And now the city will boast of a Radisson brand hotel
at its very gateway.
Orphic Resorts Charts
Out Expansion Plans
In a bid to expand its operations Orphic Resorts Limited, a part
of Usha Enterprise, is planning to add a minimum of 100 rooms to
its existing property in Bhimtal.
Bharat, Hyatt And Oberoi
Keen On Investing In Uttaranchal
The ground is fertile for investment in the hospitality sector of
Uttaranchal and Bharat Hotels Ltd, Hyatt and Oberoi groups are keen
to launch their properties in the state.
Lifetime Achievement Award
For PRS Oberoi
PRS Oberoi, chairman and CEO, EIH Limited has been honoured with
the Lifetime Achievement Award at the 6th International Hotel Investment
Forum (IHIF) in Berlin, Germany. PRS Oberoi’s son, Vivek Oberoi,
received the award on his behalf.
Six Continents Selling
Pizza Restaurant Chain
Hotel, pubs and restaurants group Six Continents (6C) is to axe
its fledgling pizza chain, Need the Dough!
Orb Throws Open Hotel
Auction
British property and investment company Orb Estates has opened an
auction of 37 Thistle branded hotels to potential bidders after
a period of exclusivity enjoyed by Reit Asset Management expired.
Best Western Premier
Hotels Debut In Europe
Best Western International, the world’s largest hotel chain,
and the largest hotel chain in Europe, has showcased 46 Best Western
hotels which have earned the Best Western Premier product name.
Le Meridien Signs Agreement
To Operate Its First Hotel In Mainland China
Shanghai Shi Mao International Plaza Co., Ltd and luxury hotel group
Le Meridien Hotels & Resorts have announced an agreement to
manage Le Royal Meridien Shanghai, a 722-room, deluxe five star
property currently under construction and due to open in the second
quarter of 2005.
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