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www.expresshospitality.com FORTNIGHTLY INSIGHT FOR THE HOSPITALITY TRADE
1-15 May 2007  
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    MARKET - The Business of Hospitality
 

Royal Orchid Hotel's subsidiary to unveil new budget brand - Peppermint
With a promise to be mint fresh, Peppermint, a budget brand, conceived by AB Holdings, a 100 per cent subsidiary of the Bangalore-based Royal Orchid Hotels, is the latest entrant in the booming budget segment.

Upfront

“Within 5 years, prices will be determined by mid-market chains”
Patu Keswani, chairman and managing director, Lemon Tree Hotels speaks to Neeti Mehra of the changing face of Indian hospitality.

Leela enters Delhi market with its luxury premium brand
With an exorbitant price of Rs 611 crore for the much talked-about plot of the capital at Vinay Marg, Hotel Leelaventure has entered the Delhi market with its premium luxury brand.

JHM Hotels to tap mid-market segment
Another international hotel chain, JHM Hotels, is eyeing the lucrative mid-market segment and plans to tap it with full-service hotels through the franchise route. Revealing this to Express Hospitality, Vinay M Rama, director, business development, JHM Hotels, said, "Given the dynamism of the Indian market, we are looking at hotel development optimistically.

‘High standards and a professional approach is developing in the F&B industry’
Kamal Khattar, MD of Forte Grand Hotel, speaks to Praveen K Singh about the trends in the F&B segment and the changing face of nightlife in the country.

Indian hotel sector on high growth path: Knight Frank study
The study done by Knight Frank India indicates that, currently there are close to 31,000 rooms across the five-star deluxe, five-star, four-star and heritage categories in the city of NCR, Jaipur, Kolkata, Mumbai, Pune, Goa, Bangalore, Hyderabad, Chennai and Kochi.

Nola chain of restaurants launched in Kolkata
Partha Roy Burman, one of the directors of Khadim Shoes, has come up with a new restaurant chain, Nola. The company, Kantian Food & Hospitality India will set up two fine dining restaurants and four retail fast food outlets in Kolkata with an initial investment of Rs 8.5 crore.

Karnataka airport development opens doors to hospitality
The state of Karnataka has proposed three airports to be built under the Public Private Partnership (PPP) model, allowing the developers an opportunity to develop hospitality and commercial projects in the vicinity.

FHRAI urges government to extend tax-holiday across India
As the hospitality industry reels under the shortage of rooms, and the only budgetary reprieve in sight is the 5-year tax holiday available to for 2, 3 and 4 star hotels, confined to Delhi and the NCR, the Federation of Hotel and Restaurant Associations of India (FHRAI), representing the industry's concerns, has urged the government to extend this tax holiday to hotels across the country.

Sweetener brand Kal Tame targets hospitality
In a bid to expand the pie of the Rs 107 crore sweetener market, the newest entrant, Kal Tame, from Hexagon Nutrition, is looking at the hospitality segment as a key growth area.

Global Hyatt gets stylish on 'Andaz'
Global Hyatt Corporation president and CEO Mark Hoplamazian recently announced the launch of Andaz, the company's newest addition to its global brand portfolio.

Banyan Tree launches exclusive private villa brand, Banyan Tree Residences
Singapore-listed Banyan Tree Holdings, a leading developer, designer and operator of luxury resorts, hotels and spas, has launched a new luxury brand, Banyan Tree Residences, targeting top tier travellers and investors.

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