India's Only Hospitality Business Weekly Issue dated - 9th Aug, 2004
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Newstrack

New Ministry To Speed Up Clearance Of NRI Hospitality Projects
The newly-formed Non Resident Indian (NRI) Affairs ministry is planning to speed up clearance of hospitality projects involving NRIs and People of Indian Origin (PIOs).

Choice Opens Three New Properties, Takes Total To 25
Choice Hotels India moved closer to its target of 40 properties by 2005, when the chain recently opened three new properties in Manali, Pune and Trivandrum recently taking its score to 25.

Drop In Luxury Tax, Hike In Gambling Levies: Goa Budget
Hotels and restaurants in Goa are breathing a sigh of relief, with the state government, in its budget which was approved recently, reducing the luxury tax levied on the hospitality industry.

Ashok To House 45,000 Square Feet Spa
Hotel Ashok will be the venue of a 45,000 square feet lifestyle spa - Amatrra, a brand of the Mayar group of companies.

Convention Centre Gets Govt Green Signal
The Kerala state government has given Greater Cochin Development Corporation (GCDA) the green signal to work out development plans for a new convention centre to be constructed near Jawaharlal Nehru Stadium in Kochi.

Motimahal Plans Rs 16 Crore Expansion
Hotel Motimahal, Mangalore, one of the oldest prime properties in South West Karnataka, will be expanding its presence to more areas in the state at an investment of Rs 16 crore.

Snippets

Poor Bookings Hit Athens Hoteliers
Hoteliers in Athens have been preparing for a large influx of visitors, including athletes, officials and spectators, for the 2004 Olympic Games, are facing fewer-than-expected arrivals, with 20 per cent of rooms still unreserved.

Best Western President And CEO To Step Down
Tom Higgins, President and CEO of Best Western International, has announced that he will not renew his contract when it expires. His last day with the company will be August 13.

What Goes Down Must Eventually Come Back Up – UK Hotels Report Double-Digit Growth
The UK hotel industry has proven to be the strongest performer in Europe in the first six months of 2004, with revenue per available room (revPAR) rising 11 per cent against the same period in 2003.

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