Author: HBI Staff | Hyderabad
Hotel stocks surged in Wednesday’s trading session, driven by a robust demand outlook for the sector. Indian Hotels (NS: IHTL) witnessed a 5.45% rise, reaching INR 414 on the BSE. EIH (NS: EIHO) experienced a 4.4% increase, reaching INR 242 on the BSE. Chalet Hotels saw a 2.3% uptick at INR 535, while Lemon Tree (NS: LEMO) Hotels climbed 4.2% to INR 107. The positive demand outlook for chain-affiliated hotels stems from strong domestic demand, increased foreign tourist arrivals due to special events like the G-20 Summit and the Cricket World Cup, and the upcoming wedding season, as reported by…
Fortune Hotels, a member of ITC’s hotel group today signed its newest resort property in Jim Corbett, Uttarakhand, thereby expanding its portfolio footprint into its 50th location in India. This is the upscale hotel chain’s 60thalliance in the country. Located near Ramnagar, the safari styled resort set amidst green untouched wilderness will offer world-class accommodation and unforgettable guest experiences for nature seekers, soul searchers and adventurers at heart. Post inking the agreement Samir MC, Managing Director, Fortune Hotels said ‘Our new property in Jim Corbett offers tremendous location advantage as it appeals to nature enthusiasts and wildlife lovers alike. This…
Hyatt Hotels Corporation announced the opening of Hyatt Place Vijayawada, a modern haven offering 81 rooms and suites. The hotel marks the debut of the Hyatt Place brand in the state of Andhra Pradesh – a significant landmark in Hyatt’s brand growth in the market. Developed by RVS Conventions Private Limited, the property features the Hyatt Place brand’s intuitive design, casual atmosphere, and practical amenities, such as free Wi-Fi and 24-hour food offerings. Inspired by Hyatt’s commitment to care, the property sets a new standard in hospitality with its smart design, delivering a harmonious fusion of functionality and space for today’s…
STAAH, the New Zealand-based leading hospitality solutions provider today partnered with Online Travel Agency booking.com and tech provider RatePing to successfully host Ahmedabad’s first ever edition of the STAAH Connect Hub networking conference. Held at the Ramada by Wyndham, the event brought together over 70 participants which included industry leaders, experts and owners of hotels General Managers and Departmental Heads of Hotels and Hotel Groups. and home stays across India with an aim to enable them to establish new connections and discuss current trends and industry best practices in the hospitality space. The insightful sessions threw light on the different ways…
Renest Hotels & Resorts is thrilled to announce the grand opening of its brand-new hotel – Renest Calangute Goa, welcoming guests from October 2023. This contemporary oasis is strategically located just a brief 10-minute drive from thestunning Candolim beach and a mere 15-minute journey to the popular Calangute Beach, making it the ideal destination for travellers seeking convenience and comfort. Renest Calangute Goa offers 30 meticulously designed rooms, each exuding luxury and comfort. Whether you opt for a double bed, twin bed, or suite room, rest assured that the property’s accommodation is well equipped with all the modern amenities. “As…
Accor announced its latest addition to the Mercure portfolio in India, with Mercure Lucknow. The newly signed hotel is under development by Meghalaya Hotels Pvt Ltd. Scheduled to welcome guests from April 2024, Mercure Lucknow Ekana Sportz City is set to deliver an unparalleled stay experience, setting new standards of hospitality in the vibrant city of Lucknow. The hotel will be strategically located next to the iconic Ekana International Cricket Stadium, offering convenient access to the city’s major attractions, business districts, and transportation hubs. The property will boast 110 elegantly appointed rooms, providing guests with a comfortable and relaxing environment…
With a remarkable culinary journey spanning more than two decades, Chef John brings a wealth of expertise and creativity to his new role. Chef John’s illustrious career has been marked by his contributions to luxury and upper upscale hotels, Quick Service Restaurants (QSR), outdoor caterings, private experiential dining, and corporate cook-offs across diverse global landscapes. He has curated gastronomic experiences that have resonated with discerning palates in the Middle East, India, Africa, Bermuda, and Dhaka. Hailing from Kolkata, Chef John graduated from the prestigious Institute of Hotel Management (IHM) Kolkata in 2000. Throughout his career, he has honed his skills…
Mountain Education Group (MEG), leading education group in China operating in K12 bilingual schools and worldwide reference in Higher Education Les Roches business school officially celebrated yesterday their exclusive cooperation in China. Through a strategic alliance, the two parties plan to develop a unique network of hospitality higher education campuses in China starting with a first Campus in Shanghai in 2025. Les Roches has always been committed to China and Chinese students, having been a pioneering actor in China with its first establishment in 2003, 20 years ago. With Mountain Education Group, Les Roches pursue its mission to provide Chinese talents with world-class…
In a significant development, Reliance Industries has announced a collaborative effort with The Oberoi Hotels and Resorts to jointly manage a trio of exceptional properties spanning across India and the UK. The portfolio comprises three distinct properties: Anant Vilas Hotel, poised to grace Mumbai’s thriving Bandra Kurla Complex (BKC); the historic Stoke Park in the UK; and an upcoming venture in Gujarat that is yet to be named. Voted as the World’s Best Hotel Brand at the prestigious Travel + Leisure, USA World’s Best Awards 2022, Oberoi Hotels is renowned for its unrivaled luxury offerings. Anant Vilas, envisioned as the…
Savitri Sales Private Limited, a company manufacturing a diverse range of products and services in Varanasi, today announced the signing of Ramada Plaza by Wyndham hotel in Varanasi, Uttar Pradesh under a franchise agreement with Wyndham Hotels & Resorts. Located in the Katesar area of Varanasi and close to Ramnagar Fort and Ganga Ghats, the upscale Ramada Plaza by Wyndham Varanasi Katesar will be adjacent to the midscale Ramada by Wyndham Varanasi Katesar andwill boast views of the popular ghats of Varanasi and great connectivity to Lal Bahadur Shastri International Airport (32km), Varanasi Railway Station (13 km), Pandit Deen Dayal…
