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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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