Search - Hospitality Net

March 1, 2021

HVS Monday Musings: Brand Conversions – an Untapped Opportunity in Indian Hotels Sector

Hotel rebranding or conversion has been a growing trend in the Indian hotels sector. As a result, over the past five years more than 230 hotels in the country have been converted either from a standalone property to a brand or migrated from one brand to another. However, the rate of conversions has not increased much during this period. Brand conversions still constitute only 20-25% of the total signings in the country.

By Akash Datta and Dipti Mohan

India

Development Pipeline

February 22, 2021

IHG to debut its global extended-stay brand, Staybridge Suites® in India

IHG Hotels and Resorts, one of the world's leading hotel companies has announced the debut of its world-renowned extended stay brand, Staybridge Suites® in India with the signing of Staybridge Suites Bengaluru Thanisandra. Signed as a management agreement in partnership with NR Greenwood Construction Pvt. Ltd, the hotel is expected to be operational in the first quarter of 2023. Debu ting in the 'Silicon Valley of India', Bengaluru, which is also recognised as the second fastest-growing major metropolis in the country, the hotel is expected to benefit from the strong demand for extended stay branded hospitality options in the city, from domestic as well as international corporate travel segments.

Staybridge Suites

Bengaluru, India

Opinion Article Operations & Strategy

February 15, 2021

HVS Monday Musings: Rethinking Heritage Tourism in the Post-COVID India

India is ranked 6th on the list of UNESCO World Heritage Sites globally, with 38 World Heritage Sites, much ahead of global peers such as Australia, the UK, the US, and Japan. Heritage tourism in the country has been growing rapidly over the past few years as India blessed with centuries of intriguing history, numerous forts, palaces, and monuments attracted a growing number of domestic as well as international tourists.

By Dipti Mohan and Mandeep Lamba

India

Development Pipeline

February 11, 2021

Ginger Debuts In Kochi With Ginger Kochi, Kalamassery

Ginger Kochi, Kalamassery with 75 rooms will be located on Kochi-Salem Highway, opposite Cochin University Metro Station. It will provide convenient access to Cochin SEZ and the commercial hub of Kalamassery that houses key IT companies, industries, Cochin University and the Jawaharlal Nehru International Stadium. The project is in brownfield stage.

Ginger

Kochi, India

Press Release Markets & Performance

February 11, 2021

IHCL Reports Third Quarter FY 2020-21 Results

The Indian Hotels Company Limited (IHCL), South Asia's largest hospitality company, reported its Consolidated and Standalone financials for the third quarter ending December 31st, 2020.

IHCL

India

Development Opening

February 10, 2021

IHG® Hotels & Resorts announces its first opening of 2021 in India with Holiday Inn Chandigarh Zirakpur

IHG® Hotels & Resorts one of the world's leading hotel companies, opens door to the newest hotel in the tricity - Holiday Inn Chandigarh Zirakpur in association with ABC Sites Pvt Ltd. Featuring 131 keys with scenic city views, the hotel is located on Chandigarh- Ambala highway connecting the city of Chandigarh to all famous landmarks and attractions in the Northern belt. Distanced just 20 minutes away from the Chandigarh International Airport and 25 minutes from the Chandigarh Railway Station, the hotel is an ideal destination for leisure and business travellers alike.

Holiday Inn

Zirakpur, India

Opinion Article Finance

February 8, 2021

HVS Monday Musings: India Union Budget 2021: Seeing the Glass Half-full?

After making several representations to the government, the Indian hospitality sector, one of the worst-hit by the pandemic, was expecting some game-changing announcements during the Budget 2021 speech which would help accelerate the sector's recovery.However, the first ever 'digital' budget of the country failed to provide any direct and immediate support to the sector.

By Akash Datta and Dipti Mohan

India

Ad Guide

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

Ad Be seen. Be trusted.

Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

Press Release Markets & Performance

February 5, 2021

Horwath HTL Market Report: India Hotel Market Review 2020

Jointly prepared by Horwath HTL India and STR, the annual report analyses hotel sector performance in an exceptionally challenging year marred by a global pandemic. It's a tale of massive occupancy drops, ADR and RevPAR declines.

Horwath

India

Ad Be seen. Be trusted.

Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

Opinion Article Operations & Strategy

February 1, 2021

HVS Monday Musings: Branded Residences – An Evolving Trend in India

Branded residence, a concept that first started in the US in the 1920s, has become a global phenomenon in the past two decades. Traditionally, branded residences have been luxury residential projects co-located or affiliated with well-known hotel brands that provide its residents hospitality services typically offered at a premium hotel. However, with the growth in the sector, standalone branded residences have also been developed across major cities and holiday destinations in the world.

By Akash Datta and Dipti Mohan

India

Development Opening

January 29, 2021

Lemon Tree Hotels opens its new hotel in Indian historical city Aligarh

Lemon Tree Hotels Limited, through its management subsidiary Carnation Hotels Pvt. Ltd., announced the opening of the 68 key hotel-Lemon Tree Hotel, Aligarh. This is the first property of the brand in this historic city, located at a short distance from many tourist destinations such as Aligarh Fort, Khereshwar Temple and Naqvi Park.

Lemon Tree

Aligarh, India

Development Opening

January 25, 2021

Wyndham Expands in Gujarat with the Opening of the Wyndham Ahmedabad

Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,000 hotels across 90 countries, continues to cement its presence in Gujarat with the opening of the Wyndham Ahmedabad Shela.

Wyndham

Ahmedabad, India

Opinion Article Markets & Performance

January 25, 2021

HVS Monday Musings: Indian Hotels Sector – Performance in 2020

Hit hard by the repercussions of the COVID-19 pandemic, the Indian hotels sector witnessed one of its lowest performances ever in 2020, in line with the estimates in our 'India Hotels Outlook' report published in August 2020.

By Akash Datta and Dipti Mohan

India

Appointment

January 22, 2021

Anupam Dasgupta has been appointed as General Manager at The Leela Palace New Delhi

Anupam Dasgupta brings with him over 25 years of extensive hospitality experience having worked with leading hotels like The Oberoi Grand Kolkata, Yak & Yeti Kathmandu, The Trident Hilton Jaipur, Ananda in The Himalayas, Ista Hyderabad, and ITC Vilasa.

The Leela

New Delhi, India

Opinion Article Wellness & Wellbeing

January 20, 2021

HVS Monday Musings: Wellness Tourism will Flourish in the Post-COVID Era

Wellness tourism, one of the fastest growing tourism segments globally in the pre-COVID era, is expected to reach greater heights post-COVID as the pandemic has been a wake-up call for people - never before has health & wellness been more important than it is today.

By Dipti Mohan and Mandeep Lamba

India

Press Release Development

January 18, 2021

The Fern Hotels & Resorts (India) to open 8 new properties in the first half of 2021

The Fern Hotels & Resorts, India's leading environmentally sensitive hotel chain will be opening 8 new hotels in the first half of 2021, informed Noshir A Marfatia, Senior Vice President - Sales & Marketing, The Fern Hotels & Resorts.

The Fern Hotels & Resorts

India

Press Release Sales & Marketing

January 4, 2021

Trends That Shaped The New Age Of Travel In 2020

2020 has been one of change, which has altered the tourism and hospitality landscape forever. Health, hygiene and social distancing have been shaping travel, with reports indicating that over 90 percent people view health and safety as a key consideration; with over 80 percent travelers gravitating towards reputed brands for their travel plans. With around 90 percent people keen to resume travel, more and more travellers have been exploring the myriad beauty of India, leading to a rise in domestic travel. Here are some of the key trends that have carved the path of travel this 2020.

IHCL

India

Opinion Article Operations & Strategy

January 4, 2021

HVS Monday Musings: Crystal Gazing into 2021 – Top Trends

The year 2021 will be a crucial year for the hospitality sector as it emerges from the disruptions and embarks on the path to recovery. We expect demand to improve considerably in 2021, as people make-up for the lost time and give-in to their pent-up desire to travel. However, hygiene, cleanliness and safety will continue to be their top priorities, as it has become a way of life in the post-COVID world.

By Dipti Mohan and Mandeep Lamba

India

Opinion Article Operations & Strategy

December 28, 2020

HVS Monday Musings: Indian Hotels Sector – 2020 in Review

2020 will go down in history as the year that changed the world as we knew it, in more ways than one. The Indian hotels sector sailed smoothly into January 2020, after a record year in 2019, with 2020 set to be 'even bigger', however, the onslaught of COVID-19 pushed the sector into a tailspin. The pandemic literally brought the world to a standstill, due to the world-wide travel bans and lockdowns.The COVID-19 shock pushed the sector into a tailspin

By Dipti Mohan and Mandeep Lamba

India

Development Opening

December 24, 2020

IHCL Announces Opening Of New Amã Stays & Trails Bungalow In Trivandrum

Indian Hotels Company (IHCL), South Asia's largest hospitality company, today announced the opening of a new amã Stays & Trails heritage bungalow - Ambika Vilas - in Thiruvananthapuram, Kerala. Located in God's own country, the sprawling villa with three suites is a living legacy built in the early 1900's by a young aristocrat, who served the government and the armies of the king of Travancore.

Ama Plantation Trails

Thiruvananthapuram, India

Opinion Article Finance

December 21, 2020

HVS Monday Musings: Granting Industry and Infrastructure Status to the Indian Hospitality Sector is the Need of the Hour

In the past few months, several state governments have been proactively lending a helping hand to the tourism & hospitality sector in their respective states, providing various relief measures to help the sector stay afloat during these trying times. Last month, in a move to reboot the sector, the Maharashtra government conferred 'industry' status to the state's hospitality sector.

By Mandeep Lamba and Dipti Mohan

Maharashtra, India