By Saurabh Gupta – Managing Partner at Hotelivate
Hotel openings are an elaborate affair that seek focused inputs from the ownership at a pre-opening stage. While the hotel management company and operations team are largely responsible for the pre-opening preparation, the owner also has his/her tasks cut out.
By Achin Khanna – Managing Partner at Hotelivate
Some sayings are so profound that in time, they become the absolute truth in all matters of economy, society, culture and our very beings. One may wonder if Ben had any inkling about just how applicable his words would be, especially to the world of business consulting today.
By Manav Thadani and Juie Mobar
Change is inevitable, and more so in an industry as dynamic as hospitality. Market performance, lending environment, number of players, owner and operator objectives, costs and margins, and customer profile are all changing almost constantly, and so are hotel management contracts that have evolved remarkably in India in the past decade.
"I'll make him an offer he can't refuse" - Don Vito Corleone, Mario Puzo's 'The Godfather'. We wonder if Don Corleone had the right idea! The unforgiving world of the 1950s Italian Mafia in the boroughs of New York was about not questioning the means as long they justified the ends.
By Manav Thadani – Founder Chairman
India received over 10 million international tourists (excl. NRIs) in 2017, but how in association with CAPA India many of them travelled for leisure? Based on an in-depth research and analysis by CAPA, it turns out that only 2.
The Indian hospitality industry is at an important juncture. The industry upcycle, increased inbound and domestic travel, introduction and use of new technology, favourable government initiatives, more evolved owners, a larger number of domestic and international operators, new-age hotel chains, and overall, a more forward-looking approach of various industry stakeholders together make the present times very exciting.