Category Archives: Trends

ITC Royal Bengal, Kolkata, to open tomorrow with 456 rooms and suites

ITC

Located at the cusp of business district and the city, ITC Royal Bengal is all set to open doors to guests with its 456 rooms and suites that include 82 serviced apartments. It offers six dining destinations, 5630 sqm of banqueting space through its 15 event venues, and a luxury spa (Kaya Kalp – The Royal Spa). Located adjacent to ITC Sonar and connected to it with a walkway, the two ITC hotels in Kolkata will now take the total inventory to 693 rooms, suites, and serviced apartments; 15 dining destinations; 22 meeting and event venues spread across 1,00,000 sqft; and two wellness destinations. The unique and expansive 1530 sqm pillar-less grand ballroom, flexible meeting spaces, multiple breakout rooms and sprawling lawns with a dedicated arrival lobby, reception and pre-function area, make ITC Royal Bengal an ideal venue for both business and social events.

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Sarovar Hotels signs property in Surajkund, to open by year end

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Sarovar Hotels and Resorts has signed a new hotel in Surajkund, Faridabad, which will be the group’s third hotel in Haryana. The 60-room property, under the Sarovar Portico brand and slated to open by the end of the year, will have multiple banqueting and conferencing facilities with a capacity to accommodate 600 guests. The hotel will also offer a wide range of venues for hosting trainings, workshops, product launches, exhibitions, weddings, and other social events. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels, said, “We are delighted to expand our business and boundaries further in Delhi-NCR. With our focus on providing quality accommodation and services priced attractively, the hotel will ensure a pleasant stay for all our guests travelling to this region.”

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Crossway Hotels to manage beach resort near Mamallapuram, Tamil Nadu

CrosswayHub

Hospitality player Crossway Hotels & Resorts will soon start managing a mid-segment beach resort near Chennai, and targets to have close to 10 hotel properties under its brand by the end of this year. It is said that the company will be adding a 30-room hotel under Crossway Hub, its economy lifestyle brand designed to offer guests a cost-efficient stay. Currently, Crossway Hotels manages Days Hotel OMR Chennai, Crossway Parklane, Lifotel KK Inn, and Crossway I The Hotel and Convention Centre, Puducherry. “The beach resort property is located near the famed Mamallapuram known for rock sculptures. As per discussions that were finalised, we will start managing the property from next month,” said Yangya Prakash Chandran, Founder and CEO, Crossway Hotels. (Source:  IANS)

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Marriott to open 13 luxury hotels in Asia Pacific this year

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Marriott International has announced strong growth of its Asia Pacific luxury portfolio with 13 new luxury properties projected to open in 2019, offering a wide range of transformative experiences designed to capture the modern luxury traveller. Marriott International’s current portfolio of 130 luxury hotels across ten countries and territories in Asia Pacific is poised to grow in 2019 with new openings from JW Marriott, The Ritz-Carlton, St. Regis, and The Luxury Collection. Additionally, Marriott International’s unified loyalty program, Marriott Bonvoy, will offer more guests unique experiences in coveted destinations across the region. “Asia Pacific’s luxury travel industry is one of the fastest-growing in the world, driven by markets like China and India. On top of this, global luxury travelers today are seeking more than just the opportunity to indulge, they want experiences that deliver personal meaning and significance,” said Peggy Fang Roe, Chief Sales & Marketing Officer, Asia Pacific, Marriott International. “In response, Marriott International continues to grow its footprint and experiential offerings in Asia Pacific, providing highly contextualized and carefully curated experiences, allowing luxury travelers to explore their passions and grow on a personal level,” Fang Roe continued.

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IntelliStay Hotels announces equity investment from Prama Hotels

IHPL Logo

Intellistay Hotels has announced a fresh round of equity infusion from promoter group Prama Hotels (PRAMA). IntelliStay operates full-service hotels under three Brands: Mango Hotels, i-Stay Hotels and Apodis Collection. IntelliStay last raised an equity round in tranches from Apodis Hotels and Resorts (Apodis) which now hold a significant majority stake in IntelliStay Hotels. PRAMA is the promoting company of Apodis. Since 2012, IntelliStay Hotels has signed and opened 23 hotels till March 2019. Another 30 hotels are in the signed and project stage with a target of over 2500 keys operational by March 2020. This puts IntelliStay on the list of top 10 hotel companies in India by number of keys under management. PRAMA recently completed a strategic round of investment from TripBorn, Inc., an emerging Indian last mile Commerce and Connectivity platform. As part of the deal, PRAMA will use the infusion to drive the businesses of IntelliStay and the other group company, Apodis Foods & Brands Ltd. (AFBL), which provides Food & Beverage services to several popular economy hotel chains across India. The transaction is expected to add immediate scale to the businesses within India’s growing hospitality segment. PRAMA generated approximately USD 8.5 million in revenues from its operating entities for the year ended March 31, 2019 and generated positive cash flow from operations.

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OYO to acquire Amsterdam’s @Leisure Group with 30,000 holiday homes & apartments

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OYO Hotels & Homes has announced that it has agreed to acquire Amsterdam-based @Leisure Group. @Leisure is a leading vacation rental company in Europe and manages holiday homes, holiday parks, and holiday apartments. @Leisure Group, through its Belvilla, DanCenter, and Danland brands, offers more than 30,000-fully managed holiday homes across 13 countries in Europe and through its Traum-Ferienwohnungen brand, offers a subscription-based home management service with over 85,000 homes across 50 countries. This represents a total inventory of 300k+ rooms. @Leisure Group has the unique ability to offer varied collections of managed homes across Europe to customers from across the world. The acquisition helps OYO move a step closer in realizing its vision of becoming a global real estate brand while maintaining leadership in the hospitality industry.

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Marriott launches home rentals in over 100 markets

CieloMar - Peninsula Papagayo, Costa Rica

Marriott International has announced Homes & Villas by Marriott International, a home rental initiative offering 2,000 premium and luxury homes located in over 100 destinations throughout the United States, Europe, the Caribbean and Latin America. The members of Marriott Bonvoy can earn and redeem points at these homes, providing even more choice of accommodations that suit a range of travel needs around the world. “The launch of Homes & Villas by Marriott International reflects our ongoing commitment to innovation as consumer travel needs evolve,” said Stephanie Linnartz, Global Chief Commercial Officer, Marriott International. “What started out as a pilot a year ago is now a global offering, providing our guests with the space and amenities of a home backed by a trusted travel company, and the very best in loyalty benefits.” Marriott’s expansion into home rentals was developed as a result of the 2018 pilot under the brand extension Tribute Portfolio Homes. Of the guests who booked a home during the pilot, which was only available in select European cities, nearly 90 percent were members of Marriott Bonvoy and over three-quarters were traveling for leisure with family and friends. During the pilot, the average guest stay was more than triple the typical hotel stay. These insights, along with Marriott’s commitment to providing travelers with unique and different accommodations including spacious homes with one or more bedrooms, large kitchens, in-unit laundry and more, played an important role in guiding the selection of luxury and premium homes, as well as the key leisure markets available at launch that complement the core offerings of Marriott’s hotel portfolio.

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Marriott expects to reach 30,000 rooms in India by 2023

marriott

Marriott is expected to reach more than 30,000 rooms in India by end 2023. Right now the brand has an inventory of 25,000 rooms. Given India’s robust economy and rising middle class, the country continues to present exciting growth opportunities, leveraging strong demand for Marriott’s select-service brands and growing demand for its upper upscale and luxury portfolios. The company expects to debut the Tribute Portfolio brand in India, with the opening of Port Muziris, Kochi, a Tribute Portfolio Hotel slated for the second quarter of 2019. “As important as our size is our commitment to deliver seamless and quality experiences for our guests at on-brand properties. Today’s traveller demands authentic, personalized and transformative experiences, whether for work or for pleasure, as a way of broadening their individual horizons and achieving a deeper understanding of the world. As the world’s leading hospitality company, it is in our DNA to strive to be part of our guests’ favorite moments and memories. We are dedicated to Marriott International remaining Asia Pacific’s favorite travel company,” says, Craig S. Smith, President and Managing Director, Marriott International Asia Pacific.

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Shangri-La to unveil its first standalone dining outlet at Changi Airport

Shang Social_Modern Masters of Authentic Chinese Cuisine

The Shangri-La Group has announced the launch of its first standalone dining establishment – Shang Social– at Jewel Changi Airport (Jewel) this April. Shang Social marks the group’s first venture into standalone food and beverage (F&B) outlets outside of a hotel setting and pays tribute to three distinctive Chinese cuisines – Cantonese, Huaiyang, and Sichuan. Diners at the 220-seater Shang Social will be brought on a culinary journey conceptualised by three of Shangri-La’s highly acclaimed master chefs. The extensive menu features traditional and contemporary interpretations of classic Chinese cuisine while staying true to their authentic flavours and roots. Between the formal dining space, the casual MRKT and Bar, Shang Social is specially designed to cater to everyone and for every dining occasion. “We are excited that our first standalone F&B outlet is at Jewel Changi Airport. Jewel’s strategic location at one of the world’s busiest airports offers us an ideal opportunity to showcase our many Chinese specialities to a global audience. With Shang Social, we are taking our first steps to bring our collective culinary heritage to a wider community outside of the hotel setting,” said Mr. Lim Beng Chee, Shangri-La Group CEO. “We are honoured that the Shangri-La Group has chosen Jewel for their first standalone dining establishment. Our team has carefully curated a fine selection of dining options to delight even the most well-travelled taste buds, and the addition of Shang Social is testament to our commitment to curate the highest-quality retail and dining offerings for our guests,” said Ms Hung Jean, CEO of Jewel Changi Airport Development.

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