Showing: 1 - 16 of 321 RESULTS
HotelScapes

Open to IPO, expect a better valuation in the next two years: Pride Hotels CEO Satyen Jain

Satyen Jain, CEO, Pride Hotels, believed that ‘wait and watch’ was a prudent strategy in the current business milieu before taking the IPO route, and suggested that a better market valuation was possible in the next two years. In a freewheeling chat, he spoke on several issues, including the much-awaited second property in South Goa. Excerpts:  That Pride Hotels was keen on taking the IPO route was a known fact but not much headway had …

HotelScapes

The Savoy stands out for true recreation of colonial legacy, a testimony to passion in hoteliering

What makes The Savoy distinct is perhaps its fascinating story but equally its painstaking restoration. India is replete with examples of heritage that have been transformed into hotels. However, the restoration work that has gone behind resurrecting the Savoy is beyond ordinary. The close to a decade-long effort behind carefully restoring the hotel to its original grandeur makes it one of the most, if not the most, exemplary hotel projects in recent history.  The Savoy …

HotelScapes

Experiential, immersive tourism is here to stay; it’s advantage standalone hotels, believe insiders

Immersive and experiential tourism have acquired serious business propositions and can no longer be viewed as peripheral offerings. As the consumer’s awareness, capacity to spend on travel and desire to sample the unique grows, the segment will acquire a more significant standing in the hospitality business landscape and revenue pie, feel leading hoteliers. We spoke to them to understand what’s trending in the segment which has transformed into a mainstream and can’t be termed niche …

The Big Picture

A politically empowered minister, stronger private sector outreach, will piece the tourism puzzle 

‘Joining the Dots’ in industry and government for holistic and all-embracing development of the tourism sector has long been the big puzzle for stakeholders. The subject was under scrutiny at the recently held BITB Paryatan se Parivartan as industry leaders brainstormed on piecing together the effort, asking the private sector to take the lead, also putting forth some out-of-the-box solutions to challenges facing the industry. Extracts from the session:  The government needed to set up …

India Global

India must boost infra; foresee a dramatic rise in traffic into Vietnam, says Vietnamese ambassador

Slated only to grow, influential Indian companies, private and public, were driving sizable investments into Vietnam, triggering a notable movement of people and demand for a skilled workforce, said Excellency Pham Sanh Chau, Ambassador of Vietnam to India. He expressed astonishment at lowly inbound numbers into India, given its potential, resources and robust air networks, and suggested focussing on augmenting basic infrastructure, besides addressing the evident disparity in the service of hotels and the surrounding …

Cities & States

Tourism set to gain as airlines make a comeback to Aurangabad; industry eyes more rail connect

As Air India and SpiceJet make a comeback to Aurangabad, linking Udaipur to the city, there is palpable excitement among tourism stakeholders who believe that the move would bring in a sizable influx of international tourists. We spoke to Sunit Kothari, Director, Kothari Group, who played a key role in roping in air carriers, to understand the impact of the development and what it means for the business of tourism in the city of Aurangabad. …

India Global

Indian MICE outbound to Singapore intact; Vistara and IndiGo salvage the Jet Airways setback

The setback of Jet Airways pulling out flights was only temporary as Vistara and IndiGo commencing operations from key Indian gateway cities had yet again bolstered the connectivity quotient between India and Singapore, said Dr Edward Koh, Executive Director, Meetings & Incentive Travel Experience Development Group and G B Srithar, Regional Director – India, Middle East & South Asia, Singapore Tourism Board. They suggested that the growth story from India was intact and only expected …

India Global

India the big opportunity for Israel; e-visa could be a game-changer, says Sammy Yahia

Sammy Yahia, Director, Israel Ministry of Tourism – India & Philippines, was in the capital recently, leading the roadshow conducted by Israeli Ministry of Tourism. Speaking to us on the sidelines of the event, he exuded tremendous confidence in the possibilities from the Indian market, noting that Asia, and India in particular, was the next big frontier for the Mediterranean nation. Excerpts from an exclusive one-on-one: Several significant changes, political and economic, in the USA, …

HotelScapes

Lakshyaraj Singh donates 20000 kgs of educational supplies; gets his second Guinness World Record

Lakshyaraj Singh Mewar has registered his name in the prestigious Guinness Book of World Record by distributing 20000 kilograms of school supplies to less privileged students recently in Udaipur. For the uninitiated, it is his second award under the Guinness Book of World Record. As per the record citation, under the Shikhsa Porotsahan Abhiyaan, he gave a clarion call to people to collect different materials used for educational purpose, including pencils, erasers, diary, register, storybooks, …

HotelScapes

For Accor in India, densification is our development priority, says Jean-Michel Cassé

While aggressively promoting budget and mid-market segments, Jean-Michel Cassé, Chief Operating Officer (COO) – India & South Asia, emphasized that the hotel company was equally keen on ramping up luxury, lifestyle and premium brand offerings. He also shared that a number of new projects were underway, including an active discussion for a Fairmont in Goa. An exclusive with JMC: Accor has made a significant foray into the experiential side of the product, especially in big …

The Big Picture

GST rate cut, infra tag and long-term policies top industry’s wish list from Modi government 2.0

The industry has a long list of expectations from the new government, as it hits the ground running with a bigger mandate. Exorbitant GST slab rate emerged as the number one pain-point for industry leaders who voiced concern on its impact in eroding India’s competitive advantage. They urged the government to take a favourable view of the issue, bringing it down to 18 per cent from 28 per cent. The popular mood suggested that the …

The Big Picture

Aviation crisis will impact tourism; Sri Lanka issue may turn travellers to India, says E M Najeeb

Concern looms over the fate of the vacation season as the Indian aviation sector continues to battle serious headwinds. Uncertainty around the revival of Jet Airways, with the airline temporarily stopping its operations and no respite in sight, has caused stress on the available capacity. Add to that, IndiGo’s decision of scaling down its operations with 30 fewer flights each day, initially for a couple of months, now effectively until October, has further spiked concerns. …

HotelScapes

Leveraging scale to drive profits across portfolio; new offerings on the cards, says Zubin Saxena

It has been over a month since he has been in the saddle and Zubin Saxena, MD & VP, (Operations), RHG South Asia, has his priorities sorted. He believes that riding on the hotel group’s significant scale and presence, the company could drive profits across the portfolio. Radisson is also going to launch seven new global brand programs dedicated specifically to the Indian outbound clientele, he shares. An exclusive interview with Zubin Saxena on his immediate …

India Global

Visible interest in trade; more nonstops needed from Indian gateways, says Destination DC President

More direct air-connectivity between Washington DC and key Indian gateways was going to significantly enhance DC’s chances of catering to a larger number of Indian outbound, believed Elliott Ferguson, President and CEO, Destination DC. He was recently in the capital for a trade meet and select media interaction. In a free-wheeling interview, he shared his views on a range of issues, including how India could better promote itself in the global market. Excerpts from an …

Cities & States

Now a politician, Farooq Shah promises to continue his focus on matters of tourism in J&K

Tourism was one of the casualties as Pulwama-attack and its aftermath brought India and Pakistan perilously close to an all-out war. Kashmir suffered the most as tourists steered clear of the valley, resulting in a near washout of seasonal business in the months of February and March. Jammu and Ladakh, thankfully, fared better. Ladakh remained aloof of recent developments and adventure and leisure tourism went on unabated.  Religious and spiritual tourism in Jammu also did …

Cities & States

Global tourists, NRIs take to election tourism as India heads for polls, says Gujarat’s leading operator

‘Election tourism’ was a growing niche segment as Indian elections had now gained global significance, said Manish Sharma, Owner of Akshar Travels. He explained that visiting an ongoing rally, meeting political leaders and connecting with them were some of the elements of the experience on offer. The trend was expected to intensify as India’s stature and bilateral connect grew with time, he argued. Excerpts from an exclusive interaction. The election season is upon us. With …