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 EDITORIAL
Keep Hoping
The only solace for the tourism industry from the budget presented by Finance Minister in Parliament was the proposal to extend Tourist Visa on Arrival for 150 more countries. Expectations were quite high for the industry from this budget. Industry leadership was hopeful that the government would consider some of the long-standing demands of the industry like rationalization of taxes, infrastructure status to the hotel industry, etc., in this budget. But, no relief whatsoever came through.
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 IN CONVERSATION
After success in Goa, we want to take Waters brand overseas
After successful launch and setup of Waters Beach Lounge, Grill & Spa at Little Vagator in Goa, and a decade of operations of the Waters Boutique Guest House in the popular Baga area of Goa, Samar Merchant, Founder & Director, Waters Beach Lounge, Grill & Spa, the man behind creating Waters brand, who is working towards setting up the next outlet in popular international beach markets, speaks to Sumit Jha about his success formula and future plans.
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 COVER STORY
Economy Hotels: Catching the fancy of Nouveau Middle-Class
The economy/budget hotel segment has been growing from strength to strength. With 100 smart cities being announced by the government and Indian economy again on the upswing and expected to cross 7 per cent growth rate, travel is bound to increase. Akansha Pandey speaks to leading hotel brands around the segment and outlines the evolution, acceptance and challenges that lie within the economy/budget hotel segment
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This Week's Top Headlines
 
Amruda Nair, eldest granddaughter of late Capt. Krishnan Nair, Founder of Leela Hotels, Resorts & Palaces, has joined hands with Qatari investor, Sheikh Faisal bin Qassim Al Thani, Chairman of Al Sawari Holding and Al Faisal Holdings,...read more>>
 
Hotels in the Asia Pacific region experienced negative year-over-year results in the three key performance metrics during February2015 when reported in U.S. dollars, according to data compiled by STR Global. ...read more>>
 
Carlson Rezidor Hotel Group, an international hotel company recently announced that it will be strengthening its leadership position in India by growing its presence in state capitals and accelerating its growth in emerging secondary and tertiary cities, with particular focus on South and West India...read more>>
 
Preferred Hotel Group, a global provider of sales, marketing and distribution services to independent luxury hotels, announced its move from a multi-branded business model to one master brand, Preferred Hotels & Resorts. ...read more>>
 
According to the latest report of Hotel Price Index (HPI), a regular report on hotel prices in major destinations across the world, travellers from Switzerland spent the most while staying in India in the whole of 2014, stated a release....read more>>
 
According to a DNA report, British hospitality group IHG that owns Crowne Plaza properties is looking to build hotels in India on the airport hotel model, in line with the Crowne Plaza Changi Airport hotel in Singapore....read more>>
 
Taj Group recently announced the opening of its highly anticipated luxury hotel Taj Dubai, located in the prestigious Burj Khalifa downtown area. ...read more>>
 
Hilton Worldwide recently announced that its pioneering digital check-in and room selection technology is now live across more than 4,300 hotels spanning 12 brands worldwide. ...read more>>
 
Sphere Conferences, the conference arm of Singapore Press Holdings Limited (SPH) announced the launch of the inaugural Hospitality Investment Conference Indonesia 2015, to be held from May 12 to 13 2015 in Jakarta, Indonesia. ...read more>>
 
According to the fourth annual poll of readers of Elite Traveler, a private jet lifestyle publication, Adaa at the Taj Falaknuma Palace in Hyderabad, led by Head Chef Arun Sundararaj, was one of the seventeen new entries on the countdown, ranking at number 100 on this year’s list. ...read more>>
 
Sbarro, chain of Pizza restaurants popular for New York style Pizza internationally, has plans to expand their footprint from the current 15 outlets to more than 50 by middle of next year. ...read more>>
 
Starwood Preferred Guest (SPG), the award-winning loyalty program from Starwood Hotels and Resorts Worldwide, Inc., introduced SPG Keyless, the hospitality industry’s first mobile, keyless entry system allowing guests to use their smartphone as a key. ...read more>>
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