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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 …

HotelScapes

IHCL to add 25 hotels in 2 years; Puneet Chhatwal exudes confidence on the road ahead

Puneet Chhatwal, MD and CEO, IHCL, declared that IHCL was poised to add a hotel every month, adding 25 hotels to the portfolio in the next two years. Mr Chhatwal was addressing an intimate gathering of guests and partners at an evening reception hosted in the capital. The event coincided with the IHCL Sales Mission which, in its third year, has emerged as a “major platform” for the company to showcase its latest offerings and …

HotelScapes

Sarovar Hotel expands portfolio in Haryana with Geeta Sarovar Portico, Panipat

Sarovar Hotels has expanded its presence in Haryana with the new signing in Panipat, also known as the “City Of Weavers”.  Geeta Sarovar Portico is a mid-scale hotel located off National Highway No. 1. The Hotel upon completion by the end of 2019, will offer all facilities and services of an upscale hotel for its business and leisure travellers. The Hotel has 50 rooms including suites, with a multi cuisine restaurant, Rooftop swimming pool, Lawn …

HotelScapes

FHRAI comes down hard on food service aggregators; warns of nationwide protests

Amidst the on-going conflict between OTAs and hotels, a new but similar dispute has been brewing between restaurants and Food Service Aggregators (FSAs) across the country. Based on widespread complaints along with acute condemnation and agitation from its members, regional associations and affiliated associations regarding various issues that are hurting the Industry, the Federation of Hotel & Restaurant Associations of India (FHRAI) has called upon FSAs to engage in a fruitful dialogue with the Federation …

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

Three-fourth of all frequent travellers up for a hotel loyalty program: IHG and SAMHI study

IHG (InterContinental Hotels Group, along with SAMHI, undertook an in-depth consumer survey to better understand the needs and expectations of the road warriors in India. The survey revealed that while 54% of the respondents are already enrolled in a hotel loyalty programme, an impressive 74% see benefits in enrolling in a loyalty programme.  The survey was conducted by Nielsen India in Delhi, Mumbai, Bengaluru, Chennai and Hyderabad with 25-44 year old frequent travellers, who travel largely …

HotelScapes

IHG strengthens luxury and upscale portfolios; to add 2 hotels in Bengaluru

InterContinental Hotels Group (IHG) has signed an agreement with Hotel Paraag Limited in Bangalore, for two hotels – the new built InterContinental Bengaluru Whitefield and Crowne Plaza Bengaluru Raj Bhavan Road, which will be a conversion hotel. The development marks the debut of the globally renowned luxury brand, InterContinental Hotels & Resorts in Bengaluru and expansion of IHG’s upscale brand, Crowne Plaza in the country. Both hotels are expected to be operational by Q1 2022 …

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 …

HotelScapes

ITC announces the launch of super premium luxury Hotel ITC Royal Bengal

ITC has announced the inauguration of its new super-premium luxury hotel in Kolkata – the ITC Royal Bengal. Chief Minister of West Bengal Mamata Banerjee inaugurated the iconic hotel. The 456 keys ITC Royal Bengal is ITC Hotel’s 14th Luxury Collection hotel in India and is a tribute to the timeless traditions and royal heritage of Bengal, which has been ITC’s headquarters for over a 100 years. Christened ‘One of a Kind’, the grandiose property …

HotelScapes

Sarovar Hotels expand presence in Delhi NCR with Sarovar Portico, Surajkund

Sarovar Hotels and Resorts expand its presence in Delhi NCR with the signing of new hotel in Surajkund, Faridabad. This will be Sarovar’s 3rd hotel in Haryana after Gurugram and Faridabad. Sarovar Portico, a mid- scale hotel located in Surajkund-Faridabad, is an ideal stay destination for business and tourist travellers. One of the key attractions of Surajkund is its annual, “Surajkund International Craft Mela” which attracts visitors from all over India as well as from …

HotelScapes

IHCL on course to becoming the most profitable hotel company in South Asia, says Puneet Chhatwal

‘Aspiration 2022’ was well on course, suggested Puneet Chhatwal. In his address to stakeholders of IHCL, in the IHCL Annual Report 2018-19, he noted that the company had taken well-rounded measures to ensure that IHCL was on course to becoming the most profitable hospitality company in South Asia. He noted that technological and digital innovations were going to further catalyse tourism in the country. Puneet Chhatwal exuded confidence on the road ahead for IHCL and …

HotelScapes

Hyatt Promise ensures the best Hampi experience for leisure and corporate tourist alike

Given Hampi’s unique standing as a major tourism product, it is frequented by leisure and corporate travellers in equal measure. Hyatt Place Hampi’s well curated offerings makes it an ideal choice for visitors. We speak with Roshan Mendonsa, Assistant General Manager, Hyatt Place Hampi to understand how the hotel is curating unique and memorable experiences for its patrons. An exclusive interview: What are some big takeaways from tourist footfalls into Hampi? Hampi is populated with opulent …

HotelScapes

Hotelivate’s latest report a must read, provides a comprehensive perspective on hospitality

Manav Thadani’s Hotelivate has collaborated with CAPA and WTTC to produce a composite picture of Indian travel and tourism; an elaborate effort that shows what can be achieved through cooperation among India’s associations and research agencies. The answer is The Ultimate Travel and Hospitality Report, that has quite a few firsts to its credit. The overall size of the travel cake is largely dependent upon the growing power of Indian traveler, both for domestic and …

HotelScapes

Hilton’s iconic brand to debut in Maldives with Waldorf Astoria Maldives Ithaafushi

Hilton’s luxury brand, Waldorf Astoria Hotels & Resorts, will soon welcome guests to the heart of the South Malé Atoll with the highly-anticipated opening of Waldorf Astoria Maldives Ithaafushi. Set to debut on July 1st, the all-villa resort spans across three private islands, providing secluded enclaves and a tranquil escape for discerning travelers complete with a plethora of activities for guests of all generations. Waldorf Astoria Maldives Ithaafushi will offer a sophisticated and serene retreat just …