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www.expresshospitality.com FORTNIGHTLY INSIGHT FOR THE HOSPITALITY TRADE
16-31 January 2007  
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    MARKET - The Business of Hospitality
 

Goa hotel projects beached
The progressive development in Goa is in danger of derailment with the brakes applied on the controversial Goa Regional Plan 2011, stalling 13 hotel projects, primarily mixed-use developments and luxury retreats, covering approximately 1500 hectares of land located in the southern and northern tip of the picturesque state.

Real estate majors chant the ‘hotel precinct’ mantra
Real estate majors, who aren't traditional hoteliers, have brought home the global trend of hotel precincts wherein they develop inventories across various price points in a single complex.

Upfront

FHRAI - ICICI tie-up for co-branded membership cards
In an industry first, Federation of Hotels and Restaurants Association of India (FHRAI) has tied-up with ICICI Bank to provide co-branded membership cards to its members.

Ghai Enterprises firms up hospitality foray
The Ghai Enterprises has firmed up its hospitality ambitions, opting for a twin model of growth, with plans afoot to launch its five-star hotel chain (average capacity of 100 rooms), which could also potentially be named Mayfair Hotels, in addition to setting-up more Mayfair Room units.

NCHMCT introduces short-term courses to tap retail boom
With the organised retail sector touted as the next big bang in the Indian economy, The National Council for Hotel Management & Catering Technology (NCHMCT), in a move that will add to its revenues, is widening its education focus to include a short term course in retail management, as well as courses in event management and entrepreneurship.

Olive brand of hotels on cards
Olive is likely to figure prominently as a set of boutique hotels across India in the next few years. Apart from this, its management will also launch tertiary brands, including a mall product, to tap the unrelenting boom.

Nirula's to go national by 2008
Delhi-based fast food chain Nirula's is set to stamp a national presence by 2008, and is undergoing a brand revamp with an equity infusion of Rs 15 crore.

Bohemian blends fine-dining with desi lifestyle
Bohemian Crystal Company, in association with Zwiesel 1872 and Taj Hotels Resorts & Palaces, will embark on a 'Masala & Wine' journey to bring international concepts of fine-dining and blend it with the Indian lifestyle.

Movements

'We will have presence in all the segments'
The Gupta Group, which runs five-star hotels under the Hyatt brand, has formed a joint venture company - Innova Hotels & Resorts - with US-based real estate company Hillwood that will develop three hotels with an investment of over US$ 100 million. Sandeep Gupta, Innova's executive director, divulges his plans to Praveen K Singh

Market research to gain ground in hospitality
Accurate and in-depth research for a sound market strategy is a must for every company, but equally important is the application of right methodology for gathering the required data.

Kolkata hotels display ‘no-rooms’ board
Business for Kolkata hotels this winter is hotting up. All star-category hotels in the city have put up a houseful notice, with even the posh clubs apologising for non-availability of rooms.

New kids on the block
Royal China, one of the finest restaurants in Mumbai for Chinese cuisine, now opens at Turner Road, Mumbai. Royal China at Bandra is a joint venture between restauranteurs Phiroze and Neville Vazifdar and established interior designer Mustafa Eisa.

Snippets

Product Showcase


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