Category Archives: Hotels

Twenty14 Holdings to open 2 hotels in Bengaluru; Rs 800 crore invested

Twenty14 Holdings, hospitality investment arm of LuLu Group International, is developing two high-profile properties in Bengaluru at an investment of Rs 800 crore that will open in 2020 and 2021, respectively. Adeeb Ahamed, Managing Director, Twenty14 Holdings, says, “We currently have three projects in India, one of which is already operational – the first Tribute Collection by Marriott called Port Muziris in Kochi. The other two are brownfield projects under development in Bengaluru – one is near the airport and the other is in the Electronic City. One of them will be ready by 2020 and the other by Q1 2021.” The two Bengaluru properties are at a combined investment of up to Rs 800 crore, Ahamed reveals while the one in Kochi was at an investment of Rs 52 crore. “We are looking to expand in India and are in final stages of negotiations for other projects across India. We are looking at one resort property and one hill station property but we haven’t finalised yet. We are also looking at Dharamshala and Hyderabad as potential destinations,” he shares. Twenty14 Holdings was established in 2014 and aims to become a billion-dollar investment company by 2025. It is an asset-heavy hospitality investment arm of LuLu Group International and already has a few properties operating in different parts of the world. It is now planning to expand further in India and is looking for appropriate hospitality partners.

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Sarovar promotes sustainability, to contribute Rs. 5 on every booking via MakeMytrip

Sarovar Hotels and Resorts has announced its Eco-friendly initiative in collaboration with MakeMyTrip towards sustainable and responsible tourism in partnership with MakeMyTrip Foundation, a public charitable trust that supports sustainable tourism. On every stay at Sarovar Hotels booked through MMT website, the hotel will contribute Rs.5/- in addition to that an identical contribution requested from guests, which will then be used towards sustainable tourism and betterment of ecological balance. Anil Madhok, Executive Chairman, Sarovar Hotels, says “We are delighted to partner with MakeMy Trip for such a great initiative and will do our utmost to contribute to sustainability through adopting a proactive environmental policy. We are conscious of the world we’ll leave behind for future generations”.

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Delhi to have 768 more hotels in next 1-2 years: JLL

The existing supply in Delhi is expected to experience an increase of approximately 768 keys over the next 1-2 years, reveals JLL’s report titled Delhi NTR-Charting Delhi’s Tourism Potential. Delhi currently has a total room inventory of 16,912 rooms, spread across more than 80 branded hotels. Although the growth of new supply is moderate with Delhi’s position as a mature and established hospitality market, there are ten hotels in various stages of development, which are expected to add more than 1,800 keys over the next 3-4 years. The bulk of the upcoming supply coming from the Upscale segment and luxury segment.

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Sarovar to cross 100 hotels in 2020 from the current 86

Talking about the group’s aggressive growth in the Indian market, Ajay Bakaya, Managing Director of Sarovar Hotels & Resorts, said “We are looking forward to open around 10-15 hotels in 2020 and I hope to crack 100-hotel mark by the end of this year. As far as our international growth is concerned, I think Middle East is where Sarovar wants to be for the simple reason, I can source business and talent from both Africa and India.” Some of the locations where Sarovar will open its properties include Greater Noida, Dalhousie, Latur, Udaipur, Panipat, Bodhgaya etc.

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Around 70 licences & approvals required to open and operate a hotel in India: HVS

HVS Ease of Doing Business report has revealed that around 70 licences & approvals are needed to open and operate a hotel in India, while only 45 are required in China. However, in Singapore, only 26 licenses and approvals are needed for opening and operating a hotel. The study states licensing requirements in other countries are not as complex as in India. The number of licences needed to operate a hotel in India are far too many and vary across states.

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Sarovar Hotels & Resorts opens new hotel in Dindi, Andhra Pradesh

Sarovar Hotels and Resort has announced the opening of their new hotel in the Godavari Delta of Andhra Pradesh. Dindi is in the intersection where the Godavari joins the Bay of Bengal. A destination known for its coconut plantations, serene backwaters, vast lakes and palm-fringed canals, the RVR Sarovar Portico, Dindi has aesthetically designed rooms and Suites, with a view of beautiful lilies and lotus plants. The Godavari Banquet hall at the hotel offers the ideal venue for events of any sort, from weddings to private parties, leisure events to corporate retreats for up to 150 guests. In addition, the hotel has a well-equipped fitness centre, Lake view and complimentary Wi-Fi. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels & Resorts, said “We are delighted to expand our leisure portfolio. Our vision is to deliver uncomplicated travel experience for our business and leisure travellers. We see great growth potential in this market and look forward to offering the best value to business and leisure travellers in sync with Sarovar’s signature hospitality”.  

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Accor to open new hotels in Udaipur and Mumbai in 2020

Jean-Michel Cassé, Chief Operating Officer (COO) –India & South Asia, Accor has said that Accor will open new hotels in Udaipur and Mumbai in 2020. “Our upcoming properties for 2020 include the launch of Raffles Udaipur, Novotel Mumbai International Airport and ibis Mumbai LBS Road. We also have the Raffles Jaipur and Fairmont Mumbai Sahar, which are in the pipeline. Over the next few years, our focus is to continue to grow our regional network and introduce new brands. We have 25 hotels and approximately 5,000 keys in the pipeline and under active development.” he informed.

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Lords Hotels & Resorts opens in Guwahati, their first property in Northeast

Lords Hotels & Resorts has added a new property in Guwahati, Assam, named Lords Eco Inn, which will be launched under the ‘Eco Inn’ brand. The hotel will start operations after implementation of brand standards and refurbishment. It will feature well-appointed rooms, a multi-cuisine restaurant and a banquet hall. The property is at a distance of 22 km from Guwahati Railway Station and walking distance from Lokpriya Gopinath Bordoloi Airport. Pushpendra Bansal – Chief Operating Officer, Lords Hotels and Resorts said “Guwahati is a gateway to seven sisters in North East and increasingly emerging as a commercial and tourism hub. We see immense potential for business and leisure tourism in Guwahati and are proud to introduce Lords Eco Inn in this region”. Bhuban Pradhan, Mrs. Rinchin Droma promoters of Lords Eco Inn, Guwahati further added “It is indeed a pleasure for us to partner with Lords Hotels and Resorts to introduce the first Lords Hotel in North East Region of India. We are proud of the team that has been put together and are confident that our guests are going to be delighted every time they step into this property”.

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Accor opens Grand Mercure hotel in Gujarat’s GIFT city

GIFT city developed with India’s first intelligent and green infrastructure has welcomed its first international hotel with Grand Mercure Gandhinagar GIFT city. Located on the bank of the Sabarmati river, GIFT city connects Ahmedabad and Gandhinagar in Gujarat. The nine-floor hotel features 151 guest rooms and six meeting rooms. “We are extremely happy to launch Grand Mercure Gandhinagar GIFT city, the first international branded hotel, in the foremost operational smart city of the country. With the support of Brigade Group, we have successfully established three Grand Mercure properties in the country and look forward to collaborating for more hotels going forward,” said Jean-Michel Casse, COO, India & South Asia, Accor.

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