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 EDITORIAL
Beyond Rhetoric
The honeymoon for the Modi government is almost over. The Delhi election was sort of a wake-up call for the government. Certain degree of uneasiness has started creeping in slowly among different sections of the people. From the industry, the first salvo was fired recently by Deepak Parekh, Chairman of HDFC. He minced no words when he said nothing has changed on the ground in the last nine months other than just a feeling of optimism. It is different matter whether one attests to Parikh’s view points on divesting LIC and Air India, but it definitely marks a kind of restlessness from within, from people who worked behind the scenes to bring about the change.
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 COVER STORY

e-Procurement: easy, efficient, effective
The proliferation of information technology has brought about a paradigm shift in the way sourcing and procurement business is conducted across industries. Hospitality industry is also leveraging the technology tools to improve the efficiency of procurement slowly and steadily. Hospitality Biz tries to understand the opportunities and challenges associated with e-Procurement in hospitality business environment….
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 INTERVIEW
‘We see huge opportunity for growth in institutional segment for Sobha Restoplus’ - Raghav Menon, EVP - Mattress Div., Sobha Limited
Crafted expertly in a state-of-the-art facility in Bengaluru, the Sobha Restoplus spring mattresses imbibes the most advanced sleeping technology in India. Over the last seven years, the company has been able to carve out a sizeable share of both retail and institutional market in India for the brand. Hospitality Biz speaks to Raghav Menon, Executive Vice President-Mattress Division, Sobha Limited to know more about the brand and their future plans
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This Week's Top Headlines
 
Presenting the Union Budget 2015-16 today at Lok Sabha, Arun Jaitley, Minister for Finance, Corporate Affairs, and Information and Broadcasting, Government of India, proposed to extend Tourist Visa on Arrival (TVoA) to 150 countries in stages. Last year, the ...read more>>
 
Foreign Tourist Arrivals (FTAs) to India increased by 7.1 per cent in the calendar year 2014, to 74.62 lakh from 69.68 lakh in 2013. Foreign Exchange Earnings (FEEs) from tourism in during the 12-month period last year stand at Rs 120,083 crore with a growth of 11.5 per ...read more>>
 
Participants at the recent 3rd Regional Strategic Consultative Meeting, held at the Headquarters of International Centre for Integrated Mountain Development (ICIMOD) in Kathmandu (Nepal), for the Kangchenjunga Landscape stressed on the need for greater ...read more>>
 
As per a report on Tnooz, European travel agent TUI Group said it will close its underperforming online travel agency AsiaRooms. The site has been operating at a loss for some time TUI said, and has struggled in an increasingly competitive Asia Pacific ...read more>>
 
Mahindra Holidays & Resorts India Ltd. (MHRIL) India’s leading player in the leisure hospitality industry, opened their new property in Kanha in Madhya Pradesh. Club Mahindra Kanha is a green field project and is spread across 15 acres of land. ...read more>>
 
eRevMax, a hotel distribution and business intelligence service provider recently announced its integration with BookingForce, a next generation booking engine available via the eRevMax Live Network (ELN). ...read more>>
 
Carlson Rezidor Hotel Group, an international hotel company reported strong 2014 results with 57 openings, 84 signings and system wide revenues of $7.8 billion, a four per cent increase as compared to the previous year. ...read more>>
 
Marriott Hotels India Pvt. Ltd. has been named one of the best organisations in Asia to work with, by the Great Place To Work organisation. The honour was conferred upon Marriott Hotels from among 900 companies across Australia, China, India, Japan, Korea,...read more>>
 
Renaissance Mumbai Convention Centre Hotel, one of the largest convention centres in the city of Mumbai has taken its Meetings, Incentives, Conferences and Exhibitions (MICE) service and facilities a notch higher by introducing the ‘Meeting Services App’ to conduct ...read more>>
 
The Hotel Operations Summit India (HOSI) will take place on April 6, 2015 at JW Marriott Aerocity, New Delhi. For all Golf aficionados, HOSI 2015 will tee off with The Golf Challenge to be hosted by ITC Hotels, Classic Golf & Country Club and HVS, ...read more>>
 
Leading rating agency, ICRA, predicts a subdued revenue growth outlook for the Indian Hotel Industry over the next 12 months. Industry wide revenues are expected to grow by 5-8% in 2014-15. ...read more>>
 
Lite Bite Foods, a food and beverage retail company in India recently launched ‘Bottoms Up’, a gastro-pub in Punjabi Bagh, Delhi. Living up to its premise of ‘Bite, Sip, Laugh’, Bottoms Up stands out for its appealing decor, groovy music, peppy drinks and ...read more>>

 
Cutty Sark, an iconic Scottish whisky brand made its highly anticipated India debut recently at The Lalit Hotel, New Delhi. This is the first time since 1923, that Cutty Sark has been bottled in a country other than Scotland. ...read more>>
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