|
Real
estate IPOs to trigger landmark hotel investments
Investment allocations pegged at Rs 10,000 crore.
Upfront
Another
from the Tata fold dons hospitality garb
Tata Coffee, from the stable of the Tata Group of companies
is all set to enter the hospitality arena alongwith it’s
sister concern Indian Hotels, by adding a new portfolio to
its operations - plantation resorts.
Major
players eye Jharkhand to set up five-star properties
The state of Jharkhand is set to have a slew of five-star
properties with major players expressing keen interest to
set up properties here. According to the state government,
reputed hotel chains like the Taj, InterContinental Group,
Sinclairs Hotels Limited and Kenilworth Group are lined up
to purchase land in and around Ranchi.
No
franchise agreement from InterContinental in India anymore
The InterContinental Hotel Group (IHG) in its bid to strengthen
its brand presence in the Indian market and ensure a distinct
brand identity amongst all properties in the country is to
withdraw its franchise service from the Indian hospitality
market and only operate under its management service.
Snippets
The
Glam Effect
The growing number of celebrity restaurants in India is a
clear indication that people are buying into the celebrity
name, leaving aside the mundane aspect of food. While filmstars,
cricketers, fashion designers and industrialists rake in the
culinary moolah, the moot point is whether the brand equity
amounts to a genuine value-add. Bhavika Jhaveri takes a close
peek at whether it's the food or celebrities that sell.
‘Our
focus is equally on business hotels and resort operations’
Toufic Tamim shares Mövenpick’s Indian strategy
with Neeti Mehra.
CCIL
forays into service apartments
Country Club India Ltd (CCIL), going from a debt-ridden company
to a debt-free company, is now planning to venture into the
service apartments sector with Country Condos. It is planning
its first condo in Bangalore, the construction of which is
already underway.
More
Uppal hotels on cards
Following the success of its property in Delhi - Uppal's Orchid,
the Uppal Group is to strengthen its presence in the hospitality
business with three more properties in Greater Noida, Gurgaon
and Lucknow.
Eight
more hotels to get Ecotel certification
Around eight new hotels, including three resorts, across the
country are slated to get their Ecotel certification in the
next one and a half years.
‘Revenue
optimisation is a tool for right pricing’
Grahame Tate speaks to Sanjeev Bhar about how hotels in India
can capitalise on the existing demand by addressing profitable
pricing through revenue optimisation
SD
Hospitality to expand restaurant portfolio
SD Hospitality with the success of its maiden venture 'Pappi's
Only Parathas', is planning to expand its restaurant portfolio
in Mumbai by launching five new restaurants with different
concepts within the next year.
Moët
Hennessy plans double distribution with Glenmorangie launch
Moët Hennessy India Private Limited is looking to double
distribution with the addition of the Glenmorangie single
highland malt scotch whisky and Ardbeg, a single Islay malt
scotch whisky to its India portfolio.
Indigo
Hotels turn to India for business expansion
Realising the potential of the Indian market, Mauritius-based
Indigo Hotels has signed up an agreement with Outbound Marketing
to represent the hotel company in India.
Product
Showcase
Poles
(not) apart
Poland, the central European nation of 38 million people with
a thousand year history and culture, is not content with the
16 million foreign visitors it receives annually.
|
