Author: HBI Staff | Hyderabad
Since its inception in 2018, Hyatt’s groundbreaking RiseHY initiative has been making significant strides in providing sustainable career paths for young individuals in the hospitality sector. With a goal of welcoming 10,000 Opportunity Youth by 2025, the program has already integrated over 5,700 participants into the Hyatt workforce across 65 countries. In a global context where youth unemployment rates stand at a staggering 23%, Hyatt’s commitment to investing in marginalized communities is a beacon of hope. Despite the challenges posed by the pandemic, the RiseHY initiative continues to thrive, offering economic opportunities and career stability to thousands of young people…
The hospitality industry is facing growing pressure to address its environmental impact and promote sustainable practices. However, while sustainability is often viewed as an opportunity for businesses to improve their reputation and attract environmentally conscious customers, the potential risk of climate change and non-compliance with the growing sustainability agenda is not yet seen as critical. According to data from recent Deloitte European Hospitality Industry Conference industry survey, only half of the respondents see ‘climate change disruptions’ as high risks this year or in a one to three year timescale, while only 39% indicated that ‘non-compliance with the growing sustainability agenda’…
The Hotel And Restaurant Association (Western India) – HRAWI in conjunction with the Poona Hoteliers Association (PHA) is set to host a transformative conclave titled ‘Empowering Hospitality’ on Thursday, March 21, 2024. Scheduled from 10 am to 1 pm, the event will take place at the Raddison Blu Hotel in Pune. Delving into the heart of hospitality excellence, the conclave will encompass a spectrum of topics, notably focusing on ‘Fire Life Safety Strategies for Hotels’ and ‘Classification & Industry Status of Hotels’. Distinguished speakers, Hemant Khadse, CEO of East Crop Group; and Ms Subha Bhaskar, COO of Qual Star Pvt…
According to NDTV, Prestige Estate Projects Ltd. is poised to forge a strategic partnership with Marriott Inc. as part of its aggressive expansion strategy across South Asia, sources familiar with the matter revealed. The collaboration entails the development of six upscale properties in key regions of the western and southern sectors, marking a significant milestone in Prestige Estate’s growth trajectory. Among the notable projects, Marriott will introduce its prestigious Autograph Collection brand with the debut of a signature hotel in Goa, marking the brand’s inaugural entry into South Asia. Confirming the development, Prestige Estate highlighted the substantial valuation of these…
Indri, a prominent single malt brand known for its acclaimed triple cask single malt whisky, has recently partnered with Fort City Brewing, a notable player in the craft beer sector. This collaboration introduces a unique range of beers aged in Indri casks, promising a distinctive tasting experience for enthusiasts. Two trend-defining teams got together and laid the foundation of the ‘Barrel Aged Beer Program’, combining Indri’s legacy of crafting high quality spirits, with Fort City Brewing, a pioneer in crafting innovative and exceptional brews. This collaboration represents a fusion of tradition and innovation where each beer in this exclusive collaboration…
The World Travel andTourism Council India Initiative (WTTCII) and Hotelivate, India’s most innovative hospitality consulting and services organisation, are pleased to announce the release of the seventh edition of the IndiaState Ranking Survey. The State Ranking Survey is a biennial publication except for 2021. The Publication aims at analysing the state-wise potential of Travel and Tourism in India and assessing the relative competitiveness of different states in the country. The official release of the 2024 India State Ranking Survey took place on Tuesday, 12 March at The Lalit New Delhi. On the occasion of the launch, and based on the findings of…
ICRA estimates revenue growth of 8-10% for its sample set of domestic alcohol beverages (alcobev) companies in FY2025. While Indian made foreign liquor (IMFL) companies are expected to witness 11-13% revenue expansion supported by preference towards premium products amid volume growth of ~3-5% on a high base of FY2024, revenues for beer companies will witness a 9-11% YoY increase, largely led by ~4-6% expansion in volumes. ICRA expects beer to witness a good season in Q1 FY2025 in anticipation of a hot summer compared to the previous fiscal,which had encountered unseasonal rainfall. Kinjal Shah, Vice President and Co-Group Head –…
Embracing its asset-right growth strategy, ITC Hotels has announced the signing of Storii Rishikesh, located amidst the serene hillsides of Uttarakhand. Offering panoramic views of the river from elevated vantage points, Storii Rishikesh is poised to commence operations by 2026, promising to emerge as a scenic retreat in the region. Set within a tranquil locale just an hour’s drive from Rishikesh, the 55-key property boasts well-appointed, spacious rooms, including suites with private plunge pools. In addition to banquet facilities and multiple dining options, the property will offer various recreational amenities. Surrounded by serene environs with stunning river vistas, Storii Rishikesh…
Under the initiative led by the Madhya Pradesh Tourism Board (MPTB), tourist destinations in Madhya Pradesh are undergoing significant improvements to ensure the safety and comfort of women travelers. This project not only attracts solo women tourists but also empowers rural women across the state. According to Madhya Pradesh Culture and Tourism Minister Dharmendra Singh Lodhi, out of the 10,000 women trained by the MPTB, over 65 percent have secured employment in the hospitality sector. He emphasized that more than 6,591 women have either obtained jobs or become self-employed after completing skill development training, with a focus on maximizing female…
Shiftz, the pioneering staffing platform tailored for the hospitality industry, launched in 2023, continues to assert its dominance in the sector with a recent milestone achievement. Notably, the platform has attracted investment from Nakul Anand, the esteemed retired Director of ITC Group, boasting a distinguished career spanning over four decades. The investment comes at a pivotal juncture for Shiftz, coinciding with projections by Crisil Ratings forecasting an 11-13% growth in the hospitality industry by FY 2025. With domestic demand and foreign tourism on the rise, Anand’s backing aligns perfectly with Shiftz’s aspirations for growth in tandem with the industry’s trajectory.…
