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Step
Aside Hoteliers, GenNext Is Here
Traditional hospitality giants and real estate majors such as Taj,
Oberoi, ITC, Leela, Rahejas, Lokhandwalas, Lok Group, Hiranandani,
Unitech Holdings, Unicorn Holdings etc will now have to make way
for the new entrants from the realty sector who are fast making
their mark in the Indian hotel sector.
Accor
To Manage Emaar Properties’ First Indian Hotel
The UAE real estate conglomerate Emaar Properties has recently inked
a management contract with the Accor Group for its first hotel project
in India.
HHI
Group Plans IPO To Fund Expansion
The Kolkata-based HHI Group of Hotels is planning to launch an initial
public offer (IPO) soon. Funds from the IPO will be utilised in
setting up seven-eight ‘no-frills’ budget hotels in upcoming
non-metro cities of the country.
Usha
Lexus To Foray Into Rajasthan
Having established itself firmly in southern and northern India,
Usha Lexus Group of Hotels is now looking at opening hotels in the
western region.
Puruvankara
Group Eye Share Of Hospitality Pie
Continuing with the bustling trend of realtor to hotelier, the Bangalore-based
real estate major Puruvankara Group is the latest realty company
to join the hospitality bandwagon.
KTDC
To Develop Properties In Alappuzha & Kannur
The Kerala Tourism Development Corporation (KTDC) is to set-up three-star
hotels in Alappuzha and Kannur and is to upgrade Hotel Chaitram
into a three-star hotel as part of its Rs 145 crore hotel expansion
agenda of which Rs 40 crore will be spent in the areas of Alappuzha,
Kannur and Kovalam.
Trident
Hilton To Go Five-Star
Trident Hilton hotels, that were not classified by Department of
Tourism but positioned as first class international brand in India,
have recently applied for classification of these hotels. While
few of the properties have already received accreditation, the rest
are awaiting government’s reply.
HACCP
Awarded To ITC Hotel Maurya Sheraton And Towers, New Delhi
After obtaining two environmental standards that is the ISO 14001
International Standards certificate in 1996 and the IH&RA Environmental
Award in 2000, in addition to the British Safety Council 'Sword
of Honour' for three consecutive years from 1997-99, The ITC Hotel
Maurya Sheraton and Towers, New Delhi was recently awarded the HACCP
certification in February 2005
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