Author: HBI Staff | Hyderabad
Fortune Hotels, a prominent member of ITC’s esteemed hotel group, has unveiled its latest venture with the signing of Fortune Park Palampur in Himachal Pradesh. Situated amidst the breathtaking landscape of Palampur, renowned as the tea capital of northwest India, this brownfield project marks a significant milestone in the hospitality industry. Scheduled for a grand debut in Summer 2024, Fortune Park Palampur is meticulously designed to cater to the discerning tastes of modern travelers. Boasting thoughtfully crafted rooms adorned with stylish interiors and complemented by modern amenities, guests can relish unparalleled comfort while soaking in panoramic vistas of the majestic…
Les Roches and Haut-Lac School launch the first International Baccalaureate Career-Related Programme (IBCP) in hospitality. Specializing in this field was previously only possible after high school, through a university degree. However, for the first time, the partnership between Haut-Lac School, one of the most prestigious bilingual schools internationally, and Les Roches, one of the top four academic institutions worldwide specializing in hotel management, enables young people aged 16 to 18 to complete an international immersive experience in the world of hospitality management in their last two years of high school. Typically, high school students specialize in one of four areas,…
Indian Hotels Company (IHCL), announced the signing of a Taj hotel in Indore, Madhya Pradesh. This Greenfield project will boast one of Central India’s largest convention facilities. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, remarked, “This signing aligns with IHCL’s strategic vision to extend its presence across India’s prime business and leisure destinations. Indore, known as the commercial and financial hub of central India, presents an ideal location for this expansion. With this endeavor, we are excited to introduce our diverse brand portfolio to the city. We are pleased to partner with Manikaran Commercials Private Limited…
The 19th edition of HICSA, hosted by Hotelivate, is set to spotlight “Savouring South Asia: Innovations in Food Tech and Design” showcasing the evolving hospitality ecosystem in South Asia. With a focus on food technological advancements, the conference which is scheduled on 3-4 April, aims to foster dialogue, investment exploration, and networking opportunities, shaping the future of the industry. Featuring global CEOs and exclusive interviews, HICSA 2024 promises to be a dynamic platform for exploring trends and best practices in the hospitality sector. From reducing food waste to promoting sustainable practices, the conference seeks to unlock the region’s culinary potential…
With over 29 years of experience in the hospitality industry, Anand brings a wealth of expertise in managing both Business and Leisure hotel portfolios. Anand is renowned for his acute business strategy, competitive market stabilization, and a proven track record of year-on-year profitable business growth. He is recognized as a highly motivated and dynamic leader with a deep understanding of the business and luxury market. Anand joined IHG South West Asia in 2018 as General Manager and most recently served in the same capacity at Crowne Plaza Chennai Adyar Park. He started his career as a Management Trainee with the…
Deputy Commissioner K.V. Rajendra announced plans to close down unregistered homestays operating illegally in Mysuru district. A comprehensive list of legally operated homestays with valid registration will be compiled to ensure compliance with regulations, he stated. Dr. Rajendra emphasized the necessity of registration for homestay operators, stressing that steps would be taken to enforce this requirement. During a meeting of the Mysuru District Tourism Development Committee, Dr. Rajendra highlighted the increasing number of illegal homestays and instructed the Tourism Department to take decisive action against such establishments. He urged officials to gather comprehensive information on their operations to facilitate enforcement…
Choice Hotels International (CHH) has ceased its approximately USD 7.8 billion takeover bid for competitor Wyndham Hotels & Resorts (WH), citing Wyndham’s board’s reluctance to engage constructively and substantively on terms. the acquisition attempt, initiated nearly a year ago, evolved from an acquisition offer to a takeover attempt by choice in December. choice stated it will now focus on its own operations and announced an increase in its stock buyback program by 5 million shares, valued at approximately USD 632 million at choice’s current price. while choice garnered some support among Wyndham’s shareholders, it has concluded that there is currently…
According to The Tribune, The once bustling tourist hubs of McLeodganj, Bhagsunag, and Naddi in upper Dharamsala have witnessed a sharp decline in footfall since the onset of the Covid-19 outbreak in 2020. As a result, many hoteliers are faced with the difficult decision of putting their properties up for sale or lease. According to data gathered from local hoteliers, approximately 70 percent of properties in McLeodganj and Bhagsunag are currently being offered for lease. Sanjeev Gandhi, the general secretary of the Dharamsala Hotel and Restaurant Association, attributes the decline in tourism to various factors, including poor infrastructure. He…
Quorum Club Private Limited has successfully closed a pre-series A fund-raise in a capital investment of an undisclosed amount from Gruhas. Gruhas was founded in 2021 by seasoned entrepreneurs Nikhil Kamath (Zerodha) and Abhijeet Pai (Puzzolana). Gruhas is focused on Early-stage, Venture, and Debt investment in the PropTech, CleanTech, Media & Entertainment space. Nikhil and Abhijeet have acquired a 5% stake in The Quorum Club. This move aligns with Gruhas’ growing interest in lifestyle, media, and consumer-facing brands. The funding round also witnessed participation from Quorum’s major shareholders that include: Alok Oberoi, Gurmeet Nihal Singh, Sabre Advisors, Shon Randhawa, Sattva Group, and Karanpal Singh. Established in 2018, Quorum Club Private Limited is the…
ITC Hotels has signed a management agreement with NarneHotels and Resorts Private Limited, further expanding theWelcomhotel brand presence in South India. Set to be a 150 key project located at Madikeri hill town in Kodagu district (also known by its former name Coorg), Karnataka, Welcomhotel Madikeri will offer exciting Food&Beverageoptions with two restaurants and bars, a lounge and over 1,300 sqm of meeting space. The property is located on the prime MG road in central Madikeri. Framed by the Western Ghats mountain range, Madikeri is known for the Raja’s Seat, a 200 year old monument that overlooks forests, rice…
