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Longing for Decisiveness!
For hospitality industry, 2013 was a challenging year. Unlike in the past, it was not just the slump in demand due to market downturn that was bothering the industry; on the contrary, it was the continued addition of new hotels and supply of new inventories that was hitting the profit margins of the hoteliers. In the huddle to maintain the market share and client base, hotels went on a panic mode by lowering their room rates like never before. When operating cost sky-rocketed due to unsparing inflation in the past one year, this slide in ARRs and RevPARs created big holes on the profit margins. more>>
R Kumar, Chairman & Managing Director, Continental Equipment India
A person who became an entrepreneur by sheer chance, yet conquered the kitchen equipment industry through hard work and support of his well wishers, R Kumar is an adorable personality in the HORECA industry. His philosophy in life, ‘don’t create enemies, if you cannot make friends’, has earned him several friends and well-wishers from across the world. Hospitality Biz unravels a day in the life of R Kumar more >>
Hemant Oberoi, Grand Executive Chef, Taj Mahal Palace Mumbai and Corporate Chef, Taj Group of Hotels
A career spanning almost four decades in a hotel kitchen, that too unflinchingly with the same brand, Chef Hemant Oberoi is truly the face of Taj cuisine today. A man who climbed the ladders with sheer commitment and dedication for the art of food making, Chef Oberoi is the Grand Executive Chef at their flagship Taj Mahal Palace & Towers, Mumbai, and Corporate Chef of group hotels for the last 20 years. A specialist in contemporary Indian and Western cuisine, Chef Oberoi has developed and presented many innovative concepts to the culinary world. more>>
This Week's Top Headlines
The International Society of Hospitality Consultants (ISHC) and Hotel Investment Forum India (HIFI) will present Saurabh Bakshi the inaugural Rising Star Award (RSA) at HIFI on January 15, 2014. more>>
Lemon Tree Hotels launched its twin properties at Delhi Aerocity, becoming one of the first to open its hotels in the exclusive hospitality district near Indira Gandhi International Airport. more>>
Tux Hospitality, a subsidiary company of real estate company Shipra Group, which owns and manages hotels under Mosaic, Hive and Seed branding in the mid-scale and budget hotel space, has plans to take the future growth through management and lease models. more>>
The InterContinental Hotel Group (IHG) plans to introduce the Holiday Inn brand in West Bengal in a major way with three hotels lined up in the next three years, stated an article by Shubro Niyogo in The Times of India. more>>
The alumni of the erstwhile Oberoi School of Hotel Management (OSHM) (now Oberoi Centre of Learning & Development) got together recently under the platform of Global Hospitality Conclave at The Leela Gurgaon to share their knowledge and experience as more>>
Diversified conglomerate Kanakia Group plans to invest more than Rs 500 crore over the next two years for developing residential and hotel properties, a top company official said according to a report in The Hindu Business Line. more>>
Best Western India (BWI) has become the largest international hotel chain in the country in the mid-market segment, with 52 hotels in operation and under development in India. Part of The World's Largest Hotel Chain(r) Best Western in India is managed by Cabana Hotel more>>
Taj Samudra, Colombo re-opened its doors after an extensive renovation of USD 20 million. The hotel has introduced brand new Taj Club Rooms as well as renovated suites, including an all new Presidential Suite. more>>
Chatrium Hotels and Residences, a collection of five-star hotels and residences in Thailand and Yangon, has been presented the 2013 Gold Circle Award from more>>
India's integrated cold chain industry - a combination of surface storage and refrigerated transport - has been growing at 18 per cent for the last three years. The industry, currently valued at Rs 245 billion (FY 2013), more>>
The retail and hospitality Industry in India is seeing a tremendous growth. As per market data, the number of Quick Service Restaurant (QSR) chains and fine dining restaurants are expected to grow exponentially in the next couple of years. A large part of this growth more>>
Unify has recently introduced RA-151 BP, a smart panel AP that integrates high-speed 802.11n Wi-Fi into an ultra-sleek, elegant design which can be quickly and discretely installed in a standard wall junction box without affecting the appearance of the wall. more>>
STAAH, one of the fastest growing Channel Management and Booking Engine Solution providers in India has partnered with Hotel Sea Princess, sea facing five star boutique hotels in Mumbai to maximise its online presence and enhance its distribution reach. more>>
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