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 EDITORIAL
Opportunities & Concerns
Although it is still not a full-blown gush of emotions, at least a smile is back on the faces of many hotel owners and managers in the country. There have been improvements in business environment, varying from marginal to commendable, depending on the markets, over the last six months, especially since the new government assumed office. There is at least a feeling within the industry that the ‘worst is over’ and ‘good times are ahead’.
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 COVER STORY

VISION 2015: Future Insights
Overall, the trade pundits proved right, and the hospitality environment in the country moved on expected lines in 2014. As predicted by everyone at the beginning of the year, it was virtually half-half for the industry. While the first half was almost a wash out, the business environment started looking up and gaining momentum after the elections. The positive vibes from the political leadership and the development agenda pronounced through the first budget of the new government, helped in sending out an affirmative message to the market.
HOSPITALITY BIZ tries to understand the pulse of the industry players for 2015..

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 INTERVIEW
‘InterGlobe Hotels represents a financial commitment to develop mid-market hotels in India’ - JB Singh, President & CEO, InterGlobe Hotels
Formed in 2004 as a joint venture between InterGlobe Enterprises & Accor Group, InterGlobe Hotels (IGH) has been entrusted the development of Accor's Ibis brand in the South Asia market. The company is one of the leading players in the mid-market hospitality space with 10 operational hotels & nine others under development. Hospitality Biz finds out from JB Singh, President & CEO, IGH, the interesting facets of the journey of the hotel company in the last decade.
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This Week's Top Headlines
 
While the Ministry of Tourism, Government of India and industry stakeholders feel buoyed by the Visa-on-Arrival (VoA) enabled by Electronic Travel Authorisation (ETA), which was announced by the government in November-end 2014, the Bureau of Immigration, ...read more>>
 
In order to meet the growing demand for Adventure Tourism, the Himachal Pradesh government is gearing up to develop and promote the destination as a major adventure hub. “The global adventure travel segment is growing at a rapid pace. ...read more>>
 
According to a report by PTI, Tamil Nadu government has allocated Rs 10,300 crore for the development of tourism infrastructure in the state with a target to attract 1.5 crore foreign tourists by 2023, Shanmughanathan, Minister for Tourism, Government of Tamil Nadu, said. ...read more>>
 
JW Marriott, Jr., Chairman & Chief Executive Officer of Marriott International Inc., will be conferred with ‘Hall of Fame’ award by Hotel Investment Forum India (HIFI) at their forthcoming annual Investment meet, which scheduled between January 14 and 15 at ...read more>>
 
Golden Tulip Hotels will open four new hotels in South Asia under Golden Tulip and Royal Tulip brands in Quarter one of 2015. While three of the upcoming hotels are in India, one will be in Bangladesh. The upcoming properties are Golden Tulip Neemrana (Rajasthan), ...read more>>
 
Indian Hospitality Congress (IHC), a non-profit organisation of tourism and hospitality academia in the country, will organise their annual national conference between February 5 and 6, 2015 at School of Hospitality & Tourism Studies, DY Patil University, Mumbai. ...read more>>
 
India Tourism Development Corporation (ITDC) presented the dividend cheque of Rs 3.73 cr to the government. Girish Shankar, Additional Secretary – Tourism & Chairman-cum-Managing Director of ITDC handed over the cheque to Dr Mahesh Sharma, Minister of ...read more>>
 
According to a report in The New Indian Express, as many as nine out of the 15 hotels belonging to the state-run, India Tourism Development Corporation (ITDC), have been running up huge losses, it has emerged. Ironically, the group’s flagship, Ashok Hotel with ...read more>>
 
The All India Brewers’ Association (AIBA) has urged the Centre to set up a beer board under the Ministry of Food Processing Industries (MoFPI), and reduce taxes on beer. The beer industry in the country, which has 89 breweries, is currently valued at $4.13 billion. ...read more>>
 
Sula Vineyards Dindori Reserve Shiraz 2011 has featured on the top 100 list of wines by the wine magazine, WineEnthusiast. The magazine’s expert tasting panel reviewed over 17,500 wines from across the world, taking into consideration factors such as price, style, ...read more>>
 
Grape Escapade 2015, a wine festival, will be from January 23-26, 2015 in Panjim, Goa. Organised since 2005, the Grape Escapade 2015 is set to be the best edition this year with wines, haute cuisine, and an entertainment extravaganza, as per a release. ...read more>>
 
Elanpro , India’s leading Commercial Refrigeration Company, launched EWG Bottle Wine Cooler Series. Elanpro’s new range features quality storage and elegant presentation for red and white wine enthusiasts. The store & pour wine cooler fully encloses the wine bottle and enables it to be served directly from the cooler. ...read more>>
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