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 INTERVIEW
‘TFCI is best equipped to make realistic appraisals and funding decisions than any other agency’ - SK Sangar, Managing Director, TFCI
Set up in 1989, Tourism Finance Corporation of India Ltd. (TFCI) is a financial institution catering to the tourism industry. It has financed 700 tourism projects and supported the setting up of 44,000 hotel rooms in India. TFCI will play a more proactive role in future, according to SK Sangar, MD, TFCI. Talking to Hospitality Biz, he shares his views about tourism and hospitality funding in India and TFCI’s role in the changed scenario
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 EXPERT SPEAK
Catering to Millennials in the Hospitality & Travel Industry: What It Takes? - Dr. Stephanie Hein
With the economic landscape progressing around the world, people are now focusing on getting better value for travel and experiencing premium services. The success of the hospitality industry depends on delivering excellent customer service while continuously monitoring emerging service trends and consumer purchasing behaviours. Most leading hotel chains recognise the importance of understanding and responding to trends in the marketplace. The rapid speed at which the hospitality industry evolves has increased competition among hotel brands to recruit qualified, internationally trained personnel.
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 EVENT FOCUS

Amaranth 2014 - IHM Pusa New Delhi
John Milton being wooed by the sanctity of Amaranth was hell bent to speak on its immortality. Living up to the true traits of exquisiteness of this unique flower, Institute of Hotel Management, Catering & Nutrition, Pusa, New Delhi, one of the premier hotel schools of the country once again blew the bugle of its clout by hosting the first ever national festival of hospitality education- Amaranth 2014. The three day event took a thunderous start on December 12th with students of Hunar Se Rozgar of the institute extending a jiving welcome to the participating teams through their spectacular performance.
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This Week's Top Headlines
 
Dr Mahesh Sharma, Minister of State with Independent Charge for Tourism & Culture and Minister for Civil Aviation, Government of India, said that the government is committed to give a “new face” to Indian tourism and urged the travel and tourism industry stakeholders to come forward with “valuable suggestions” to improve cleanliness, security, and hospitality aspects related with tourism in the country. ...read more>>
 
The Ministry of Culture, Government of India will take the Festivals of India programme to more overseas destinations in the coming year. Considering the huge impact created by the show in ASEAN countries like Laos, Cambodia, Thailand, Vietnam, Singapore, Japan, ...read more>>
 
Minister of State of Tourism (Independent Charge), Culture (Independent Charge) and Civil Aviation, Dr Mahesh Sharma said that the Government has set a target to achieve one percent share in global tourism arrivals by next year. ...read more>>
 
The Government of India signed an agreement with Asian Development Bank (ADB) here today for a $60 million loan that will help improve urban services, including water supply and urban transport infrastructure, in two key cities of Jammu and Kashmir. ...read more>>
 
As per The Tribune report, pilgrims and adventurers going to Mount Jolingkong and Parvati Lake, which is known as Chotta Kailash pilgrimage, situated near Kuti village in Byans Valley of Uttarakhand, will be given homestay facility from next year. ...read more>>
 
According to a report in The New York Times, Italian Competition Authority, a regulatory body, has imposed a hefty fine of EUR 500,000 (USD 610,000) on travel review site, TripAdvisor for not acting upon false reviews on their site. ...read more>>
 
Apeejay Surrendra Park Hotels , the promoters of The Park Hotels, has launched their first property under the ‘Zone by the Park’ at Coimbatore in Tamil Nadu. The 56-key Zone by The Park is located at the prime Kamarajar Road in the city. ...read more>>
 
As part of the company’s continued efforts to evolve the guest experience by listening and responding to guest needs, Hyatt Hotels Corporation announced plans to offer free Wi-Fi at all Hyatt hotels worldwide, providing connectivity and convenience regardless of booking ...read more>>
 
UAE-based Emaar Properties, which has presence in the residential and commercial property space in India through its joint venture, is now eyeing the hospitality sector. In India, Emaar Hospitality Group plans to operate hotels under its flagship brands ‘The ...read more>>
 
Minor Hotel Group (MHG) has announced their plans to reflag one of the company owned properties, the Four Seasons Siam Bangkok, to luxury Anantara brand. Located in prestigious Rajadamri in central Bangkok's Siam district, Anantara Siam Bangkok Hotel & ...read more>>
 
Cerana Beverages, major importers and distributors of specialty beers in India, is all set to roll out their own craft beer brand – Bira91 - both in India and overseas markets. ...read more>>
 
Dusit International’s pioneering Education division, responsible for Thailand’s first hospitality school, Dusit Thani College, and a first-of-its-kind joint venture with Le Cordon Bleu Dusit Culinary School, announced another first for the local hospitality education field. ...read more>>
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