Category Archives: Hotels

The Hotel Association of India (HAI) has submitted a recommendation to the Director General of Foreign Trade, Ministry of Commerce and Industry, Santosh Kumar Sarangi urging the Directorate to review the Export Promotion Capital Goods Scheme (EPCG) and provide relief to the struggling industry. The association has highlighted that, at the time of availing the duty benefits under the Scheme, no one could have envisaged the impact of Covid and the resulting dip in the foreign currency earnings.  In light of the changed economic and geo-political scenario, HAI has said that it is imperative to review the EPCG policy and provide relief for the industry to survive and be able to fulfil its obligations under the scheme. Hotels are facing huge challenges of liquidity, revenue losses, negligible foreign exchange earnings, high costs that are mostly fixed in nature and several other operational difficulties. Hotels require more time to fulfil obligations under the scheme. The industry body also requested the government to not issue notices to hotels, propose punitive action against them for non-fulfillment of obligations and not encash hotels’ bank guarantees. HAI pointed out that the hospitality sector is one of the most impacted industries due to the pandemic. Hotels were closed for almost 6-8 months during 2020-21 and re-opened in phased manner. The aftermath of the second and third wave has left a dent on the sector’s road to recovery. It added that the hospitality industry is expected to be back to pre-covid levels only by FY24-25.   RECOMMENDATIONS SUBMITTED BY HAI ·    5 Years Extensions: In addition to the currently available extensions as          per the EPCG guidelines, it is requested to provide additional 4 years extension for all …

In its ambitious plans for expansion in Asia-Pacific, Radisson Hotel Group plans to add 100 hotels to India by the end of 2025, according to CEO Federico Gonzalez. “In India, we should surpass 100 hotels this year. If I look at India, I don’t know why we should not have 200 hotels there by 2025. We are looking at India’s development and the speed of change in India. If India is growing at 7 per cent, that means more GDP than many European countries,” he said.  

Lily Hotels Pvt. Ltd. in association with LINKIN Reps. Pvt. Ltd., recently hosted an exclusive lunch for the travel trade partners in Chandigarh.  The resorts operated by Lily Hotels in the Maldives are the pioneering leading All-Inclusive Resort, located in central Maldives – Lily Beach Resort & Spa at Huvahendhoo, a large island hideaway resort located in northern Maldives with privacy at its core – Hideaway Beach Resort & Spa, and its collection of elevated and curated luxury beach villas with dedicated butler service as a ‘resort in a resort concept’ – The Signature Collection by Hideaway. The networking event was followed by the product presentation, by Ms. Komal Seth, Founder & Director, LINKIN Reps. Pvt. Ltd. The presentation highlighted the key features of luxurious properties. The response to the session was extremely encouraging, and it was heart-warming to witness the enthusiasm for Lily Hotels’ products among the Chandigarh trade partners. Highlighting the importance of north India’s travel market to Maldives, Mr. Desislav Gospodinov, Group Director of Sales & Marketing said, “I would like to thank all our travel trade partners in Chandigarh for their continuous support towards promoting the luxurious resorts under Lily Hotels. Chandigarh is one of our most important markets and we eagerly look forward to welcoming travellers from the region.  

Sharing some news from Ananta Hotels & Resorts, Gagan Katyal, its CGM (Sales & Marketing), says, “We have resorts pipeline in Gir, Goa and a couple in Rajasthan. Overall, we will have around 18 resorts in the next three years across the country. The demand from corporates is high right now and that is quite encouraging as they are looking at news destinations within India.”

The seventh edition of the M!CE Travel Show 2022 organised by DDP Exhibitions in Pune recently also saw a serious panel discussion on Sustainable Business Travel where panellists discussed the possibilities of reducing carbon emissions while travelling. Pratima Badhwar, Head of Commercial (India & South Asia), Accor, said, “Nowadays every hotel chain has its own sustainability goal. At Accor, our target is to have net carbon zero footprint by 2050. We launched a project in 2005 called ‘Planet 2021’ which is based on four main pillars: our guests, our owners and vendors, our associates and employees, and our community.”

According to preliminary data from STR, for three consecutive days in April –16-18 April, 2022, India’s hotel industry crossed pre-pandemic comparables in occupancy and average daily rate (ADR). It was the first time that both occupancy and ADR were above 2019 levels in India. When using a running 7-day average, occupancy and ADR have been above 90% of pre-pandemic comparables since late-March. On Monday, 18 April, India recorded its highest ADR index of the year at 106% of the 2019 comparable.

Indian travellers are more likely to pick sustainable travel alternatives that cause the least damage to the environment, revealed a recent report by booking.com. According to the report, 91% of Indian travellers desire to travel sustainably over the next 12 months. Further, 88% of the travellers also expressed that they were much more likely to pick a sustainable travel option when it was presented to them, even if they weren’t actively looking for one.

On 11th April 2022, Spree opened a new resort Yantra Resort by Spree. Located in the prime location of the city just 3.5 Km away from Ooty Bus Stand. Spree Hospitality lists more than a million customers, 30 operating properties, 974 keys including hotels, resorts, clubhouses, and guest houses across India. The properties focus on modern decor, a full-service, cutting-edge technology, and a deep respect for the environment into the experience that it carefully crafts for its customers. Spree Hospitality remains profitable even during the pandemic, as it boasts a debt-free, cash surplus and an asset-light portfolio- a rarity in the hospitality sector. The new property Yantra Resort by Spree at Ooty provides an open lawn , bonfire, badminton court, restaurants, indoor game room, banquet hall and rose garden. This resort has 31 rooms with heater facilities. Their premium rooms provide fireplace along with jacuzzi.

Radisson Hotel Group is embarking on an exciting new era of hospitality in India, as it prepares to double its portfolio in the country. It will continue its focus on the market as a part of its Asia Pacific growth strategy. The Group has unveiled plans to more than double its Indian footprint, with 148 hotels and resorts to be added by 2025. These will be in addition to over 140 properties Radisson Hotel Group currently has in operation or under development nationwide, revealed Katerina Giannouka, President, Asia Pacific, Radisson Hotel Group.

The Federation of Hotels & Restaurants Association of India (FHRAI) FHRAI recently sent a representation to Santosh Sarangi, Director General of Foreign Trade (DGFT), to extend the Export Obligation (EO) period under the EPCG Scheme for another 6 to 8 years for the past EPCG licenses where the EO period ended in February 2020 onwards. The association states that it should allow all hotels time to recover and generate foreign exchange to meet their export obligations.