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This Week's Top Headlines
Hoteliers seek clarity on investment linked tax deduction announced in Union Budget
  The hoteliers association, while welcoming the budget proposal of granting investment-linked incentive to new hotel projects under Section 35 (AD) of the Income Tax Act, has urged the government ...read more>>
IRCTC becomes official ticketing agency for Commonwealth Games 2010
  According to a PTI report, Indian Railway Catering and Tourism Corporation (IRCTC), a subsidiary of Indian Railways, has bagged a contract of Rs 12 crore to become the official ticketing ...read more>>
MPSTDC to focus on promoting Bed & Breakfast scheme in select places in state
  Madhya Pradesh State Tourism Development Corporation (MPSTDC) is in the process of announcing Bed & Breakfast (B&B) scheme especially in tourist interest places, in order to provide more ...read more>>
FHRAI shelves plan to outsource FHRAI IHM
  Federation of Hotel & Restaurant Associations of India (FHRAI) Managing Committee’s decision to outsource the management of FHRAI Institute of Hospitality Management (IHM) at Greater Noida ...read more>>
MoFPI to avoid duplication of functions
  The Ministry of Food Processing Industries (MoFPI) plans to hold a meeting with agriculture, commerce and rural development ministries next week to reduce duplication of functions. MoFPI believes ...read more>>
HVS to re-launch Ecotel brand this year
  HVS will re-launch the Ecotel brand later this year after adding new features. As a prelude to the re-launch, a case study on Ecotel will be presented at the forthcoming Hotel Investment Conference ...read more>>
Lavasa to witness 2,000 hotel rooms by 2013
  Lavasa, one of the landmark projects of Hindustan Construction Company (HCC), will witness 2,000 hotel rooms being set up by 2013. This will include 1,000 hotel rooms each in Lavasa’s twin cities, ...read more>>
Au Bon Pain India to focus on different trade channels for expansion
  In a bid to have a pan-India presence, international bakery café, Au Bon Pain India plans to focus on different trade verticals. For the same, Au Bon Pain aims to open cafes at corporate houses, ...read more>>
AHA India launches eGourmet Challenge
  The American Hospitality Academy India has launched the eGourmet Challenge, India’s first online culinary demonstration ...read more>>
 GROUND REALITY
Women Power
With so much happening in the hospitality and travel industry in the month of March, it would be shocking not to write an editorial based on recent events. But having packed it all in news, cover story, special features and interviews, I decided to write on ‘Women’ who constitute almost fifty per cent of our population. Though the Indian government took more than 60 years to realise that women can be in power and run our country, there are still who think otherwise.
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 COVER STORY

‘Bank’ing on Hotels

While venture capital and foreign institutional investments are making inroads into the Indian hotel industry, banks remain a traditional source of funding for hospitality projects. However, the industry often states that acquiring project finance from the banks is a difficult task. Hospitality Biz attempts to put the bankers’ perspective on the table
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 EXPERT SPEAK
Back to the Future: Hospitality Marketing 2010
Marketing success in decade 2010 will depend not only on the brand and its promises but also on the customer experience and his/her influence on others. The article outlines strategies for marketers to influence the purchase decision of customer.
...read more>>
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