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 E-MAGAZINE



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 COVER STORY

VISION 2014 Future Insights
Industry is on the door-step of a New Year. As usual, the industry stakeholders pin a lot of hope in the New Year. They hope that the New Year will usher in some sort of economic and political stability. The hopes are pinned on the ensuing General Elections. Hospitality Biz tried to understand the over-riding sentiments in the hotel industry by speaking to leading hoteliers. Here’s VISION 2014 of the Indian hotel industry.
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 INTERVIEW
Business will depend on how political situation unfolds post elections - Rattan Keswani, Dy MD, Lemon Tree Hotels & Chairman, Carnation Hotels
Lemon Tree Hotels is one of the fastest growing hotel companies in the country with almost 25 hotels to their credit. Rattan Keswani who holds twin responsibility in the group, Deputy Managing Director, Lemon Tree Hotels, and Chairman, Carnation Hotels, a JV company of the Group, in an exclusive chat with Hospitality Biz talks eloquently on current scenario of the hospitality industry in the country
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 SPECIAL REPORT

India Hotel Market Review
The third quarter of 2013 has seen either gains or slower decline of occupany, ADR or RevPAR in several key markets of India, compared to third quarter of 2012, according to the India Hotel Market Review by STR Global and Horwath HTL. Hospitality Biz presents details of the report
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This Week's Top Headlines
 
Muthoot Pappachan Group, a leading brand in the non-banking financial sector in the country, through its Hotel Infrastructure Division - MPG Hotels & Infrastructure Pvt Ltd, is planning to invest in a big way in the hospitality sector in the coming future. ...read more>>
 
Kolkata will have its first Westin property, a brand from Starwood Hotels & Resorts Worldwide, by mid 2015 stated a report by Abhishek Law in The Hindu Business Line. ...read more>>
 
Indian Hotels Company Ltd. (IHCL) has put Blue Sydney, company's only property in Australia, on the block. The company already received an offer for the hotel but it did not materialise in sale stated a report by Abhineet Kumar in Business standard. ...read more>>
 
Manohar Parrikar, Chief Minister, Government of Goa has been quoted in the media saying that his government will issue rules for casinos operating in the state by the end of February, 2014. ...read more>>
 
The recently concluded Les Clefs d’Or India-Southern Region meet at Bengaluru has set the ball rolling for activities over next two years. The meet was marked with key note addresses from prominent industry figures and knowledge sharing sessions. ...read more>>
 
The decision of the public sector oil companies to hike the LPG prices for both domestic and commercial consumers from New Year will force hotel and restaurants across India to revise their food prices upwards soon. ...read more>>
 
For New York's legendary restaurant chain, Le Cirque, India, and not China, is the largest Asian market stated an article by Vipashana V K and Reeba Zachariah in The Times of India. ...read more>>
 
The management of MTR is understood to be in advanced discussions with a local partner in California for a franchise agreement for setting up an MTR restaurant according to a report by Raghuvir Badrinath in Business Standard. ...read more>>
 
Asia’s 50 Best Restaurants, sponsored by S Pellegrino & Acqua Panna and organised by William Reed Business Media, will welcome some of the world’s leading chefs to Singapore to participate in a series of interactive workshops and a forum on global culinary trends. ...read more>>
 
Acme Consultants, a Mumbai-based firm, has tied up with Parsan Brothers, among the largest importers and distributors of foreign liquor in the eastern region, to bring at least five new foreign brands into the country next year stated a report in Business Standard. ...read more>>
 
The civic administration took action against illegal construction in Bavdhan areas. Most of the illegal constructions were part of the commercial establishments in the areas including leading hotels, stated a report by Prasad Kulkarni in The Times of India. ...read more>>
 
The Travel + Leisure's 500 World's Best List 2014 has placed Taj Lake Palace, Udaipur among the top 50 hotels for 2014 (with a score of 94.5), while Conde Nast Traveler features the property in its Platinum Circle (with a score of 92.4) – a list of hotels that have made it to the Conde Nast Traveler Gold List for five years in a row. ...read more>>
 
Sinclairs Bayview, Port Blair in a tie-up with the well-known SVA Group of the US recently unveiled Laya Spa. Encased in a cabana built with local materials, the spa has expert masseurs to recommend the right treatment for guests. ...read more>>
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