Category Archives: Hotels

India better poised for growth in hospitality sector than the rest of the world, says Hyatt Group CEO 

Talking about the growth of hospitality in India, Mark Hoplamazian, CEO, Hyatt, said, “India today is better poised for growth in the hospitality sector than the rest of the world, and that is because of the tremendous warmth and engagement of its people. The experience people get in India when they disembark from the plane and start exploring the country is what sets the country apart.”

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The upper upscale hotel segment saw the highest number of keys changing hands in 2023: JLL

JLL India’s latest report ‘Hotel Investment Trends – India 2023 highlights the growth and positive start of the first quarter (Jan-March) of 2024 in the hospitality sector. It mentions that the upper upscale segment saw the highest number of keys changing hands, followed by the upscale, luxury, and midscale segments. The first quarter of 2024 witnessed a significant 80% Year-on-Year increase in hotel transaction volumes, reaching USD 78 million.

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IHG announces opening of 135-key Holiday Inn Express Bangalore

IHG has added yet another Holiday Inn Express hotel to it Karnataka portfolio with the opening of Holiday Inn Express Bengaluru Bommasandra. The hotel is located along the national highway with easy access to major corporate hubs, Electronic City – Jigani – Bommasandra Industrial Area. Being the only international branded hotel in the vicinity, Holiday Inn Express Bengaluru Bommasandra will drive increased footfalls from corporate segments. Top Companies such as Infosys, TCS, Wipro, Tech Mahindra, HP, Siemens Biocon, SKF, HCL and many more are located within 7 Km radius. The hotel is 25kms from the city center and is 20kms away from the bustling MG Road. Designed to deliver memorable experiences through its warm and welcoming service, and contemporary design, Holiday Inn Express Bengaluru Bommasandra is the perfect destination for guests with diverse needs to enjoy a world-class hospitality experience that the brand is known for. The hotel is actively committed to responsible tourism and deploys the use of the IHG Green Engage System, an innovative online platform that provides means to measure and manage impact on the environment.

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Grecotel Hotels & Resorts appoints Elysian as its Representation Partner in Indian Subcontinent

Elysian has been appointed as the PR and sales representative for Grecotel Hotels & Resorts to promote its collection of luxury accommodations in Greece to the Indian market. Grecotel is the leading Greek hospitality group, presenting a unique collection of luxury hotels and resorts across Greece, in iconic locations, intertwined with Greece’s history and heritage: its portfolio contains a spectrum of products, from luxurious beachfront and luxury all-inclusive resorts to high-end city hotels. The Grecotel brand is synonymous with Summer in Greece. It carries an almost five-decade legacy as the industry leader in Greece, with its luxury properties in the best locations of the top Greek destinations, personalized service, authentic Greek hospitality, environmental responsibility, and amazing experiences deeply connected with the local culture. The Group portfolio prides itself to include Iconic Hotels & Resorts in landmark locations recognized worldwide, such as THE DOLLI Acropolis in Athens with the most stunning view of the ancient world, the revamped Cape Sounio in the Athens Riviera surrounded by archaeological ruins overlooking the Temple of Poseidon, the cosmopolitan Mykonos Blu on Psarou beach, the idyllic Mandola Rosa and Riviera Olympia complex in Western Peloponnese, next to the birthplace of the Olympic Games, the splendid Corfu Imperial nestled in a private Peninsula, and the majestic Amirandes in Crete, resembling a Minoan water Palace. Each has a distinct character and aesthetic, but all share the same level of exquisite hospitality. The Grecotel extensive portfolio of 40 luxury Hotels and Resorts is spread in 15 destinations across Greece, in the center of Athens and Athens Riviera, Crete, Rhodes, Corfu, Kos, Mykonos, Western Peloponnese, Larissa, Kalamata and Alexandroupolis. The Group celebrates a wide range with different offerings depending …

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Delhi, Mumbai, Chennai report over 80% occupancy rates in February; ARRs in Delhi, Hyderabad up by 17-18%

The ‘Hotels & Hospitality Overview,’ a report by HVS Anarock states that the hotel occupancy rate in India is nearing pre-pandemic levels, with key markets like Delhi, Mumbai, and Chennai reporting occupancy rates of more than 80% in February. The average hotel rates grew by 17-18% in Delhi and Hyderabad, in February 2024.

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Kapil Bhatia felicitated with Lifetime Achievement Award at Hotel Investment Conference-South Asia 2024

Kapil Bhatia, Executive Chairman, InterGlobe Enterprises, has been conferred with the prestigious Lifetime Achievement Award at the Hotel Investment Conference-South Asia (HICSA) 2024. The awards ceremony took place in Bengaluru in the presence of prominent figures from the global and Indian hospitality industry. HICSA Awards are a prestigious recognition within the hospitality industry, celebrating the most remarkable hotel developments in the South Asian region. It recognises pioneers and distinguished visionaries who have significantly shaped the landscape of travel and hospitality in South Asia, acknowledging their exceptional contributions, lifelong commitment, and enduring impact. The HICSA Lifetime Achievement Award celebrates Mr. Kapil Bhatia’s exceptional career, and this recognition is a testament to his vision and unwavering commitment to excellence which has left a lasting impact on the travel and hospitality industry. Mr. Bhatia, a true pioneer, successfully established a strong foothold in the travel industry at an early stage, and with the launch of InterGlobe Hotels in 2004, the Group made a foray into the Indian hospitality sector. Over the years, his foresight, strategic thinking, and his strong commitment to quality and customer focus have played a pivotal role in shaping the landscape of the company. It has been Mr. Bhatia’s firm belief in India’s growth potential, and the strong desire in people to travel that has been the driving force behind the remarkable growth of InterGlobe, fuelling the company’s transformation from a single entity to a thriving conglomerate, encompassing a diverse portfolio of businesses such as aviation (IndiGo), logistics, travel commerce among others. InterGlobe Enterprises, with its partners in India, currently has a portfolio of 30 hotels across 14 cities. Internationally, InterGlobe has a collection of hotels in key cities across …

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Accor signs agreement for a new Sofitel hotel in India: Sofitel Jaipur Jawahar Circle

Accor is proud to announce the signing of a partnership agreement with EBU Estate Developers Private Limited for the development of a Sofitel hotel in India, the Sofitel Jaipur Jawahar Circle. This new-build luxury hotel is scheduled to open its doors in 2028 and promises to redefine hospitality in the vibrant city of Jaipur. Strategically located at Jaipur’s Jawahar Circle, the hotel will feature 275 exquisitely designed and spacious rooms, each offering the utmost comfort for guests. Joining Sofitel, the only French luxury hotel brand with a truly international footprint, the hotel will be a great addition to support Jaipur’s tourism expansion, bringing French joie de vivre and gastronomy, with four distinct restaurants and bars. Furthermore, the hotel will offer over 5,000 square meters of state-of-the-art meeting and banquet venues, providing the perfect setting for exquisite weddings, grand events and outstanding gatherings. Jaipur, known as the Pink City, is a jewel in India’s tourism crown, attracting domestic and international tourists alike. As part of the renowned Golden Triangle tourist itinerary, which also includes the cities of Agra and Delhi, Jaipur offers a rich tapestry of culture, history, and architectural wonders. “We are delighted to partner with EBU Estate Developers Private Limited to bring the Sofitel brand to Jaipur and to celebrate a new chapter in our journey in India. Accor’s offering is uniquely positioned to harness the power of Indian travelers and this new signing is a great illustration of our commitment to bring meaningful experiences, today with the well-known Sofitel’s French art de vivre. With our unparalleled portfolio of brands, Accor plans to open30 new properties in the country in the next 3 to 5 years and will continue …

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Accor ties up with Sofitel to launch a new property in Jaipur

Accor, a world-leading hospitality group, is proud to announce the signing of a partnership agreement with EBU Estate Developers Private Limited for the development of a Sofitel hotel in India, the Sofitel Jaipur Jawahar Circle. This new-build luxury hotel is scheduled to open its doors in 2028 and promises to redefine hospitality in the vibrant city of Jaipur. Strategically located at Jaipur’s Jawahar Circle, the hotel will feature 275 exquisitely designed and spacious rooms, each offering the utmost comfort for guests. Joining Sofitel, the only French luxury hotel brand with a truly international footprint, the hotel will be a great addition to support Jaipur’s tourism expansion, bringing French joie de vivre and gastronomy, with four distinct restaurants and bars, where guests will savor a varied culinary experience tailored to their preferences. Furthermore, the hotel will offer over 5,000 square meters of state-of-the-art meeting and banquet venues, providing the perfect setting for exquisite weddings, grand events and outstanding gatherings. Jaipur, known as the Pink City, is a jewel in India’s tourism crown, attracting domestic and international tourists alike. As part of the renowned Golden Triangle tourist itinerary, which also includes the cities of Agra and Delhi, Jaipur offers a rich tapestry of culture, history, and architectural wonders. “We are delighted to partner with EBU Estate Developers Private Limited to bring the Sofitel brand to Jaipur and to celebrate a new chapter in our journey in India. Accor’s offering is uniquely positioned to harness the power of Indian travellers and this new signing is a great illustration of our commitment to bring meaningful experiences, today with the well-known Sofitel’s French art de vivre. With our unparalleled portfolio of brands, Accor plans to …

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FHRAI to file writ petition in Delhi HC to seek relief from adverse provisions under DGFT policy: Pradeep Shetty 

In a significant development, the Federation of Hotel & Restaurant Associations of India has initiated legal action to seek appropriate remedies for hotel members affected by adverse provisions from the Delhi HC for the hospitality sector from the DGFT. “The hospitality sector must receive fair treatment under the Foreign Trade Policy,” said Pradeep Shetty, President, FHRAI.

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