The Minister for Tourism Kumari Selja on Monday inaugurated the ‘Hunar se rozgar’ programme that aims to provide skill sets to young aspirants and train them as cooks and waiters. Continue reading ‘Hospitality sector booms: Now, hotels to train workers’ »
Asian Hotels to demerge company into three independent entities
Delhi-based Asian Hotels (AHL) has got its shareholders’ approval to demerge the company into three independent entities. The three undertakings will own one property each in Delhi, Mumbai and Kolkata. Continue reading ‘Asian Hotels to demerge company into three independent entities’ »
DB Hospitality to invest Rs 5,500 cr to build 9 hotels by 2014
DB Hospitality, part of the Mumbai- based real estate developer DB Group, will invest around Rs 5,500 crore to build nine hotels across India by 2014, a top company official said. Continue reading ‘DB Hospitality to invest Rs 5,500 cr to build 9 hotels by 2014’ »
India Hospitality Corp net losses up
India Hospitality Corp posts a first half net loss after tax of $8.7m – up from $5.4m a year ago. Continue reading ‘India Hospitality Corp net losses up’ »
Accor splits hotel and services divisions
Accor SA’s board of directors have finally decided to break apart its hotels business and prepaid services division. Its impact on Accor’s Indian operations remains to be ascertained. Continue reading ‘Accor splits hotel and services divisions’ »
Indian firm invests $2.3 million in travel-hospitality BPO facility
India’s leading provider of information technology and business process outsourcing solutions to the travel and transport sector, Inter Globe Technologies (IGT), is investing $2.3 million in the country for its first 400-seat delivery center at Upper McKinley Hill, Fort Bonifacio, Taguig City. Continue reading ‘Indian firm invests $2.3 million in travel-hospitality BPO facility’ »
Tourism ministry wants single window clearance for hotel projects
In a move that will prove to be a major boost for hotel infrastructure, the tourism ministry has proposed setting up of a single window clearance system under the aegis of the Hospitality Development and Promotion Board (HDPB). Continue reading ‘Tourism ministry wants single window clearance for hotel projects’ »
Hospitality revival spurs PE interest
Global private equity and real estate funds are looking to check into mid-market hotels with occupancy and room rates in major markets picking up in recent months. Continue reading ‘Hospitality revival spurs PE interest’ »
Hospitality sector in recovery, pushes for infra status
The aftermath of Gobal slowdown, Mumbai terror attacks and pandemic H1N1 virus scare together with the advise from travel agents to reschedule trips took a major toll on the Indian hospitality sector. Continue reading ‘Hospitality sector in recovery, pushes for infra status’ »
12.4% drop in hotel occupancy in India: Study
At a time when the hospitality industry was struggling to limp back to normalcy after the terror attacks and recession, the outbreak of swine flu has hit the sector hard, resulting in a 12.4 per cent drop in overall occupancy across hotels in India, said T Nataraajan, Secretary of South India Hotels and Restaurants Association, here on Thursday. Continue reading ‘12.4% drop in hotel occupancy in India: Study’ »