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www.expresshospitality.com FORTNIGHTLY INSIGHT FOR THE HOSPITALITY TRADE
16 - 30 June 2006  
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    MARKET - The Business of Hospitality
 

Hospitality companies bet high on ‘hospitel’ projects
In a bid to capture a slice of the estimated US $3 billion medical tourism sector in India by 2012, leading domestic and international hospitality players have evinced interest to set up hotel-cum-hospital projects aptly titled 'hospitel' in key metro and upcoming non-metro cities.

Upfront

K Raheja's airport property to be a Marriott apartment hotel
K Raheja has finalised plans for its mixed-use development project on the 14-acre prime plot near the new Taj SATS Flight Catering unit at Mumbai’s international airport that it had acquired from the Taj Group of Hotels for an undisclosed amount in November last year. The project is to house a 300-room Marriott service apartment.

Gujarat announces major incentives for hospitality investors
After keeping low for over two years, Gujarat tourism has made a re-entry with a more focused marketing and investment friendly proposal and incentives.

Snippets

CCIL expands wings to Japan
Country Club India Ltd (CCIL) has expanded its portfolio by adding another franchisee-operated property in Japan.

Kohler to invest US $200 million in hotel sanitary and bathroom segment
Known for its lavish bathroom settings and sanitary ware in leading hotels worldwide, Kohler India Corporation plans to invest around US $200 million over the next couple of years in this segment, half of which would be invested in 2006-07.

Medical Tourism: Hidden dimensions

Movements

Products Showcase

‘Our role is to create awareness of the new trends in glassware’
Libbey Inc, the second largest company in the glassware segment in the world and the biggest in the US, is looking at India as a promising market. Michel E Nouafo, vice president, marketing, Libbey Inc talks to Express Hospitality about the opportunity in this market.


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