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HotelScapes

Sarovar ramps up presence in Uttar Pradesh; opens Nirvana Sarovar Portico in Gorakhpur

Sarovar Hotels has recently announced the opening of Nirvana Sarovar Portico in Gorakhpur, Uttar Pradesh. Gorakhpur is Sarovar’s 5th city in Uttar Pradesh after Agra, Jhansi, Lucknow, Vaishali and Vrindavan. The hotel was inaugurated in the presence of Jayant Narlikar, Commissioner, Gorakhpur and Ajay K. Bakaya, Managing Director, Sarovar Hotels & Resorts. Owned by AD Sons Reality Pvt Ltd., Nirvana Sarovar Portico is located in the heart of the city and business center of Gorakhpur …

HotelScapes

Accor wins two awards at HICSA 2019; declared best hotel in two segments

At the recently concluded Hotel Investment Conference – South Asia (HICSA), Accor’s Novotel Chennai Chamiers Road and ibis Pune Hinjewadi were each adjudged as the best hotel in the upper mid-market and economy hotels segment. Novotel and ibis are Accor’s market leading brands representing a combined portfolio of 39 hotels across its growing India network. With the presence of Sébastien Bazin, Chairman and CEO, Accor at HICSA this year, these two wins made it more …

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 …

HotelScapes

IHG and SAMHI announce commercial success; SAMHI pledges 100 cr. for renovation

InterContinental Hotels Group (IHG) and SAMHI shared details of commercial success of their partnership following the launch of 10 Holiday Inn Express hotels in the country. In November 2017, IHG joined hands with SAMHI after signing of 14 hotels within their India hotel portfolio. The idea being to renovate and rebrand to Holiday Inn Express on par with the global brand standards. September 2018 witnessed the launch of first rebranded Holiday Inn Express hotel in Gurgaon …

HotelScapes

Sarovar Hotels & Resorts to debut in Indore; signs a new hotel with 88 rooms

Sarovar Hotels & Resorts has recently announced the signing of a new hotel in the city of Indore. The 88-room hotel is centrally located and well suited for both leisure and business travelers. The hotel will offer all modern facilities including an all-day dining restaurant, gym, swimming pool, and banquet facilities. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels & Resorts, said “We are focusing on our expansion plans and the signing of …

HotelScapes

Cautious optimism the underlying tone in 2019; ADRs to go up, forecasts HVS-ANAROCK Report

2019 is expected to be a mixed bag for the hotel industry and Mandeep Lamba’s report suggests that cautious optimism will be the underlying tone in the election year. The election season is expected to cause a temporary fall in corporate travel numbers, the mainstay of revenue for most hotels. Post elections, the report foresees numbers swelling up when there is more clarity on the policy-front. Budget-hotel aggregators have emerged as significant players and are …

HotelScapes

The Postcard announces a 50-room luxury resort in South Goa; to open in 2021

The Postcard Hotel has signed a new boutique luxury hotel project in South Goa. The Postcard’s new project would be its first bespoke ground up, design hotel in the state. Kapil Chopra, Founder and CEO of The Postcard Hotel said, “I believe Goa has the potential to be the next Bali and I also see Goa as an emerging design, architecture and culinary capital of India. Goa lives through its 334 villages and communities and we want our guests to experience and appreciate this …

HotelScapes

Current rates, land cost discouraging supply; opportunity for ARRs to go up, says Ajay Bakaya 

Ajay Bakaya, Managing Director, Sarovar Hotels, shared his views on a range of issues in a free-wheeling interview. Current room rates and exorbitant land costs were deterring investments in new projects, he said, adding that it was also an opportunity for average room rates to up. Excerpts from an exclusive interaction: With Portico, Premiere and Hometel as three segments, where will the focus be? Where is the growth happening?  The focus area is uniform, but …

HotelScapes

Accor makes the much-awaited announcement; Raffles comes to India

The much-awaited announcement has finally been made. Accor has announced the launch of its iconic ultra-luxury brand – Raffles – in India. Since joining the Accor network in 2015, the brand has undergone a renaissance, with a strong pipeline that will see the portfolio double in the next few years. India’s state of Rajasthan, especially Jaipur forms part of the most visited tourist circuit of The Golden Triangle, which comprises New Delhi, Agra and Jaipur. …

HotelScapes

Even Against All Odds: a book review of Sunder Advani’s memoir

An engrossing book review on Sunder Advani’s book by Saaz Agarwal.  Even Against All Odds is a story of dramatic highs and lows, faced with continuous effort, unflagging ambition, steady innovation and good humour. The book is the memoirs of Sunder Advani and covers his very interesting life of eighty years, incorporating lessons learnt by a first-generation entrepreneur, touchingly honest descriptions of mistakes made and with life lessons and business lessons in every chapter. When …

HotelScapes

Trends in F&B and startups examined at the first Mayo Alumni Summit in the capital

The Mayo Alumni Association, Delhi (MAAD), a chapter of the Old Boys Society, Ajmer which originates from its prestigious alma mater Mayo College, Ajmer, organized a first of its kind “Mayo Alumni Summit on 30th March 2019” at The Lalit, New Delhi. The themes of the first annual summit compromised of two special sessions, i.e. Startups (“Angel Investment Perspectives”), Foodpreneurs (“Business of Food”) and a talk on Healthcare (“Healthcare Today for Tomorrow”). The Summit entailed …

HotelScapes

Hyatt to muscle up its India presence, to add 14 properties in two years

Hyatt Hotels Corporation has announced that 2019 will mark record growth for the company. Expansion plans foresee the addition of over 2,100 guestrooms through the opening of more than 14 new properties over the next 24 months. Aside from growth in the larger capital cities, the emphasis will be on leisure and cultural destinations, with a focus on emerging cities within India. As a result of an increasingly favorable business climate and heightened tourism spend, …

HotelScapes

Accor concludes Showcase 2019 with record breaking hotel and resort representation

The Accor Showcase this year saw more than 1,400 attendees that interacted with Accor representatives from hotels and resorts in India and abroad representing 1,500 properties.  For the past three years, the Accor Showcase has brought together key industry and Accor hotels and resorts representatives from India and around the world. Over the years, the Showcase has served as an ideal platform to ideate on working together to leverage a thriving domestic and outbound tourism market …

HotelScapes

IHCL debuts in Rishikesh with Taj Rishikesh Resort & Spa, expands in Uttarakhand

The IHCL group has unveiled its newest property – Taj Rishikesh Resort & Spa, Uttarakhand. This will be the company’s third hotel in the state. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “We are honoured to partner with Mr. Mehra for Taj Rishikesh Resort & Spa, an exciting new addition to IHCL’s expanding resort portfolio. With its idyllic setting and unrestricted views of the Himalayas, the resort is well positioned to tap …

HotelScapes

Domestic segment driving business, growth of new destinations: Ramesh Daryanani

Marriott was ramping up investments in technology to provide a seamless experience to consumers, engaging them much before their actual stay at the hotel, said Ramesh Daryanani, VP Global Sales for Marriott International in the Asia Pacific. He noted that the newly rolled out loyalty program ‘Bonvoy’ was aimed at redeeming points for an experience, going beyond the usual hotel offering of redeeming points for a stay.  He expressed enormous faith in going local and …

HotelScapes

Lemon Tree enters into a non-binding agreement to acquire Keys Hotels, adds on to its protfolio

Media reports indicate that Lemon Tree Hotels has entered into a non-binding agreement with Berggruen Hotels to acquire Keys brand of hotels in India. In a disclosure to the Bombay Stock Exchange (BSE) recently, Lemon Tree has disclosed to have signed a non-binding term sheet for 100 per cent direct and indirect acquisition of the shares of Keys Hotels. Important to note here that Keys Hotels is staring at a debt in excess of INR …