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www.expresshospitality.com FORTNIGHTLY INSIGHT FOR THE HOSPITALITY TRADE
1 - 15 July 2006  
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    MARKET - The Business of Hospitality
 

DLF ropes in MoT's Rajeev Talwar
In a bid to accelerate its ambitious plans in the Indian tourism and hospitality industry, DLF has managed to rope in Rajeev Talwar, additional director general, Ministry of Tourism (MoT), Government of India, who will head its hospitality and tourism division.

Sheraton no longer exclusive to ITC
After extending their exclusive contract once, ITC and Sheraton are still trying to save their partnership by negotiating a further extension.

Upfront

Dawn of a new Day
Dawnay, Day Hotels India, London-based Dawnay, Day Group's newly-formed hospitality arm, will invest over US $200 million in India over the next few years to build hotels. Heading this new venture is Mandeep Singh Lamba, former president and CEO of Fortune Hotels, who shares his views with Bhavika Jhaveri.

Hotels use new funding route
Taking a road not travelled before, Indian hotel companies are now looking at offering equity placement in their respective companies to generate funds for their expansion plans within the country.

CalPERS to set up US $400 million real estate fund
Following its initial investment of US $100 million in the Indian equity market two years ago, the California Public Employees' Retirement System (CalPERS), the leading provider of retirement and health benefits in the US, is set to raise US $400 million in the Indian real estate industry, with key focus on hospitality related projects.

CII, HRAWI to provide subsidised hospitality training
With a view to offset the impact of attrition in mid to low levels in hotels, CII and HRAWI along with Maharashtra's Employment Commissioner plan to provide hospitality training at a subsidised rate of Rs 500 to class X and XII dropouts.

Accord Metropolitan checks in, Traders checks out
Accord Hotels, Singapore has entered into a joint venture with Chennai-based J Hotels to manage the erstwhile Shangrila Traders property in Chennai under the brand Accord Metropolitan, which is positioned as a five-star business class hotel.

Radisson GRT enters in-flight catering
With a view to tap the growing Chennai market, Radisson GRT has diversified into in-flight catering business, which will be part of its overall hotel operations.

Spa debut for business hotels
In a bid to increase revenue while cashing on the wellness and health trend, business hotels are integrating full-fledged spas in their premises, originally a mainstay of resort properties.

Encore to invest Rs 100 crore
Mumbai-based Encore Hotels plans to invest Rs 100 crore by the end of 2007 in the initial phase of expansion of its brand of restaurants and hotels in India and abroad.

The Taco Maker enters India
The Taco Maker, the Mexican Quick Service Restaurant (QSR), has set its foot in India with its first three outlets in Delhi. The fast food chain plans to open at least 500 franchise outlets in next three years.

Travel site Mobissimo widens hotel search in India
Travel search engine Mobissimo will offer a wide hotel search option for India by October this year.

Chattisgarh to invest in 21 motels
Sensing the acute need for hotel infrastructure in the state, Chattisgarh Tourism Board (CTB) has taken on itself to develop the same.

Samiah Group adds hotels to portfolio
Yet another Delhi-NCR based real estate company will make inroads into the Indian hospitality industry, except that this group will stay away from the maddening metro and non-metro rush and lodge itself in the quite serenity of Nainital.

Dubai firm gears to Japengo
In a bid to capture the upscale fine dining segment, the Dubai-based Bin Hendi Enterprises has forayed into the hospitality space with its flagship eatery, Cafe Japengo - a multi-cuisine eatery in Mumbai.

IHG to focus on B cities, standalone properties
Eyeing to spread its management services in India, the InterContinental Hotel Group (IHG) has identified smaller cities (tier-II cities and tertiary cities) and standalone properties.

MTDC brings out Mahabaleshwar project from deep freeze
The Maharashtra state tourism board is reworking its project to replicate the existing hill station of Mahabaleshwar in the Satara district, about 100 kms from Pune, with participation from star and budget hotels.

Vada pav takes on the burger

The Ski (Village) is not the limit!
About a year ago, this column had indicated that the proposed Manali Ski Village is poised to become a landmark in Himachal Pradesh.

Fulfilling a social responsibility
There are two kinds of hotels: some who are located in the metros amidst the hurry burry of the continental life and yet are ecologically sensitive, and others who are located at hill stations but show little respect for nature. They eventually suffer legal actions for violating ecological laws. Commitment to protect the environment and maintaining the ecological balance therefore is more in the minds of the management rather than the location of hotels.

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