Archive for the ‘Hospitality’ Category

Supply surge to dampen recovery in hotels’ profits

An expected surge in supply of premium hotel rooms may take the sheen off Indian hotel firms’ plans to raise tariffs and revive profitability, though analysts expect the second half to fare better than the first. Hotel chains such as Indian Hotels Co Ltd, EIH Ltd and Royal Orchid Hotels Ltd are...

September 15th, 2010 | Hospitality | Read More

Hotel room tariffs to rise by 15 pc

In an attempt to cash in on the peak winter season and the improved economic scenario, “Hoteliers are planning to increase the average room rates (ARRs) by 10-15 per cent from September 2010 as they expect tourist traffic to improve,” says a report by domestic brokerage Angel Broking. Although,...

September 15th, 2010 | Hospitality | Read More

Gujarat permits 22-floor construction for hotels and hospitals

The Gujarat Government has announced a slew of incentives to encourage building up to 22-storey high hotels and hospitals, in any zone on 30-metre wide roads, besides other provisions. Keeping in line with the State Government’s keenness to provide modern facilities to industrialists and tourists from...

September 15th, 2010 | Hospitality | Read More

Accor, Starwood to open more hotels

Pune: Global hotel chains Accor and Starwood Hotels and Resorts are ramping up India operations. The hospitality majors will open more hotels and bring their upscale and economy brands in India. The US-based international hospitality chain Starwood, which has two of its top brands in Pune—the Westin...

September 15th, 2010 | Hospitality | Read More

Hotel industry faces hiring challenge

In Chennai alone 4,000 rooms will come up by 2012 With 119 hotels coming up in the four southern states and 11,000 rooms likely to be added to the capacity, hiring trained manpower will be a challenge for the sector, said T. Natarajan, secretary, South India Hotels and Restaurants Association (SIHRA)....

September 15th, 2010 | Hospitality | Read More

Hotel employees demand service charges

System of tips should make way for system of service charges AH Correspondent Bangalore : The Hotel Employees Federation of India (HEFOI) urged the state governments in the country to introduce 10 per cent service charges on guests that could be utilised for their welfare. Joint convenor of HEFOI G R...

August 16th, 2010 | Hospitality | Read More

Oriental Hotels to expand in South India

Oriental Hotels, a part of the Taj Group is set on expanding its foothold in SouthIndia by setting up two hotels in two cities in the South and thus expanding the number of rooms. Raymond Bickson, MD and CEO, Indian Hotels Company announced at a press conference, “We have extensive plans to expand...

August 16th, 2010 | Hospitality | Read More

Keys merges with Nestor Hotel

Mumbai: Keys Hotels, the mid market hotel chain has entered into a management contract with Nestor Hotels Pvt Ltd to upgrade and construct a full service 140 room hotel at Marol, Andheri East and have rechristened the erstwhile Riviera Hotel as ‘Keys Hotel Nestor’. The full service hotel will have...

August 16th, 2010 | Hospitality | Read More

Tata Group to list Ginger Hotels

Mumbai: The Tata Group promoted Indian Hotels Company Limited (IHCL) is planning to list its two-star economy buget hotel chain Ginger Hotels (Roots Corporation Ltd) on stock exchanges as part of the company’s expansion plans. The hotel chain would be listed in the next couple of years depending on...

August 16th, 2010 | Hospitality | Read More

Indian Hotel No.1 in the World

Oberoi Vanyavilas tops the lists, Triple Creek Ranch of Montana is the second best AH Correspondent Travel + Leisure’s 15th annual reader survey this year has rated India’s Oberoi Vanyavilas (Rajasthan) as the world’s best Hotel. In the 100 long list the fifth one also is from India...

July 25th, 2010 | Featured, Hospitality | Read More
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