JLL’s Hotel Momentum India (HMI) Q2 2020, has revealed that Goa saw the sharpest decline in RevPAR in Q2 2020, with a 93.9 percent drop compared to the same period in the previous year.
Read More »Constant innovation and cost-cutting helped us make profit: Steve Borgia
Steve Borgia, CMD, INDeco Leisure Hotels, has said that it was constant innovation and doing what was permissible during the lockdown, that has made them make profit in June, and survive the lockdown. Speaking at the 5th TravTalk Digital Conclave, he said, “After a lot of problems, continuous innovation and continuous cost cuts, we are now comfortable. We launched a number of packages for weddings, local guests, parents of NRIs, young women with babies, as well as for bachelors. All this helped us make profit. We need to constantly transform and innovate, and create a price advantage.”
Read More »Tree of Life Resort & Spa, Jaipur records 68% occupancy in July
Himmat Anand, Founder, Tree of Life Resorts & Hotels, has revealed that they managed to do an occupancy of 68% at their Jaipur property in July, and that too at an ARR of Rs.10,700. “At Tree of Life Resort & Spa Jaipur, we did better occupancy than last July. Presently, in August we have 58% booked occupancy,” he said.
Read More »Kochi hotels lead in RevPAR: HVS ANAROCK
HVS ANAROCK’S latest monthly newsletter titled ‘Hotels & Hospitality Overview India’ reveals that Kochi was the top performing market in India in June with negative growth in RevPAR at 50.3 per cent, followed by New Delhi at 72.4 per cent. Bengaluru and Goa were the lowest performers for the month of June 2020.
Read More »jüSTa Hotels and Resorts re-opens Rajasthan properties
jüSTa Hotels & Resorts has opened doors to its four properties in Rajasthan. Rohit Katyal, National Sales Head, jüSTa Hotels & Resorts, says that these properties are already getting some leisure bookings from Delhi, Jaipur and some parts of Gujarat, with most guests driving in. This Monsoon season, explore the Mewar kingdom of Rajasthan with jüSTa Hotels & Resorts. Spend some quality time with your loved ones at the gorgeous Lake Nahargarh Palace in Chittorgarh, dwell in the divinity of Shrinathji at Brij Bhoomi in Nathdwara, or simply experience the Venice of East at Sajjangarh Resort & Spa and Rajputana in Udaipur.
Read More »Odisha hotel industry appeals RBI to extend moratorium period
On behalf of the hotel industry of Odisha, J K Mohanty, MHCIMA, Chairman – Hotel & Restaurant Association of Odisha & IATO Eastern Region, has written a letter to Reserve Bank of India, to extend the moratorium period up to March 2021 and exempt hoteliers from payment of interest during this period as it is not possible to pay interest without earning. He also expressed his gratitude to RBI for announcing immediate action to avoid the crisis by allowing relief on loan moratorium on interest and principal repayment for a period three months and later extended to six months.
Read More »Accor to open Novotel Chandigarh Tribune Chowk in early 2021
Accor is all ready to set footprints in Chandigarh with its popular brand, Novotel. Being developed in the city centre close to the airport, the Novotel Chandigarh Tribune Chowk will offer 120 rooms, two food and beverage outlets, function rooms of various sizes, a swimming pool, and a gymnasium. This 21st Novotel is scheduled to open by early 2021.
Read More »InDeco Leisure Hotels makes profit amidst COVID, owing to locals and weddings
Steve Borgia, CMD, INDeco Leisure Hotels, has said that by cutting costs and getting local guests & weddings at hotels, they have been able to make a profit in June 2020. “From 120 employees, we ran our hotels with 15 people. We ran many programmes to attract locals and did weddings with the gathering of 50 people. We managed to make a profit of 2.5 lakh,” he said.
Read More »The Umrao launches #AASHVAST programme to address facets of hotel operations
Committing to uphold the highest standards of cleanliness, The Umrao, New Delhi has launched the #AASHVAST, a holistic programme that addresses all facets of hotels operations. From revised protocols for the heart of the house activities at the receiving store, back office, laundry, to the public areas with heightened sanitisation measures for guest luggage, elevators, room service and cover everything from handwashing hygiene and cleaning product specifications to guest room cleaning procedures. Specific steps that the hotel is taking as an organisation can be found on its website, www.theumrao.com. Virendra Teotia, Director, Umrao Hotels & Resorts, New Delhi commented, “We have launched “Ashvasht” a holistic programme that addresses all facets of hotel operations & hotel’s commitment towards health, hygiene and safety, designed in collaboration with medical professionals and disinfection experts to further enhance the existing hygiene and cleaning protocols. Further to have guest safety and avoid to contact with unknown vendors we had already in place professionally organized wedding-related venue and non-venue requirements for the new-age, tech-savvy guests. The USP was simple: a one-stop-shop enabling the promise of a great event at guaranteed guest safety as our topmost priority.”
Read More »Occupancy to recover by 2022 and rates by 2023: HVS ANAROCK
HVS ANAROCK’S report titled ‘India Hotels Outlook’ that studies the impact of COVID-19 on the Indian hotel sector estimates that assuming recovery from COVID-19 begins in H2 2020, occupancy would then recover only by year 2022, touching 66%, while rates would recover by year 2023.
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