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Managing Managers
In the wake of a number of management agreements going sour, it
is best to understand what one is getting into before signing on
the dotted line says Mihir Thacker of Knight Frank India
Kerala Gets A MoUe
On
The Kerala government’s efforts at attracting hospitality investment
appears to have paid off. Four Memorandum of Understandings (MoU)
valued around Rs 125 crore have been signed since chief minister
A K Anthony launched his ‘investment year’ through a summit
earlier this year. One of Anthony’s key focus area is hospitality.
Tivoli To Invest Rs
100 Crore In Two New Projects
New Delhi-based Tivoli Garden (TG) Leisure and Resorts Pvt Ltd,
is soon to invest Rs 100 crore in two new ventures. On the cards
are two five-star resorts of around 120 rooms each in Gurgaon and
Greater Noida.
Club Mahindra Says
e-Hello
Club Mahindra has just launched the electronic version of its holiday
magazine ‘Hello’, which is distributed mainly to its members.
Bad Hygiene Forces
33 Goa Restaurants To Shut For 48 Hours
Thirty-three restaurants in Goa voluntarily shut shop for 48 hours
in the last week of August, to rectify their bad hygiene problem.
IHCL Kicks Off Pilot
Plan To Improve Bottomline
To boost its operational effectiveness and help contain costs, The
Indian Hotels Company Ltd (IHCL) has launched a pilot bottomline
improvement programme along with McKinsey and Company. Christened
‘Total Overdrive on Profits’ (TOP), the programme has
identified at least Rs 12 crore per annum worth of ideas from various
areas like purchase, engineering and operations.
Phoenix Park Inn Resort
Goa Launched
Sarovar Park Plaza Hotels and Resorts (SPPH), can now boast of a
flag in Goa, courtesy of the 58-room Phoenix Park Inn Resort.
Hotels Had Surprising
Problems During North American Black-Out
From generators to flashlights, the North American blackout exposed
hotel shortcomings in emergency readiness that in some cases forced
travellers to sleep on the streets.
Latest PKF Consulting
Study Shows Conference Centres Outperforming Rest Of Hotel Industry
Despite a slow economy and a decline in business travel, the conference
center segment is holding up well, and in general, outperforming
the hotel industry as a whole, according to the 2003 edition of
Trends in the Conference Centre-North America, released recently
by PKF Consulting and the International Association of Conference
Centres (IACC).
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