Business Standard
Thursday, Feb 16, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Leisure properties report 'sell-out'
Swaraj Baggonkar / Mumbai Nov 17, 2009, 00:26 IST

The robust bookings are in spite of travel advisories issued by Western and pacific countries.

If you were planning to spend Christmas or New Year’s Eve at exotic locations in Goa or Kerala but haven’t done the required bookings for it yet, chances are that you can’t go. Most of the top properties in these two locations are already reporting a “full-house” for that period.

The robust bookings are in spite of the travel advisories issued by almost all western and pacific countries over a month earlier, cautioning their citizens against travel to India during the peak tourist season due to terrorism threats. The central government had also spoken recently about terror threats to popular tourist destinations.

Rajiv Kaul, senior vice president, Hotel Leelaventure, said: “We are already sold out for the Goa property and the one at Kovalam (in Kerala) is more than 90 per cent full for the period. Apart from the continued influx of international tourists into the country, there is a strong interest from the domestic market as well. Beach resorts have marked the strongest of comebacks from the lows of last year.”

The company owns and runs The Leela Kempinski Goa, a premier luxury hotel property situated at the shores of the Cavelossim beach in South Goa.

Hotel chain operators say bookings for the final 10-15 day period of December gathered pace only two to three weeks ago.

“So far, November has been very good but bookings for December, including dates, which are other than the ones usually in demand, are happening at a very healthy pace,” says Keshav Baljee, co-promoter of the Bangalore-based Royal Orchid Hotels.

This heightened activity has brought welcome relief to the battered industry, which was struggling with lower occupancy while being forced to hold back any hike in room rates just a few months earlier.

The tourist season last year was especially challenging, with hoteliers having to bear the twin brunt of the global economic collapse and of the Mumbai terror attacks.

Unofficial figures indicate hotel occupancies were then down to 30-40 per cent in the top destinations, which usually boast over 60-75 per cent occupancy. This was further hit by the outbreak of the H1N1 virus (swine flu), which forced many hoteliers to reduce their average room rates, too.

Now, business travel seems to have also picked up and some properties have increased rates already.

Shobu Mathew, vice president (marketing), The Lalit, says: “There are lots of conferences and meetings taking place in our property, apart from a sheer increase in the number of weddings, especially from the NRI segment. We are just back from a summit in London and definitely the charter arrivals are expected to go up significantly. We had to increase our rates, too, due to the demand. Things are definitely looking brighter than last year.”

According to an industry insider, charter flights from Russia have witnessed a rise of 35 per cent so far in Goa, though the lead country remains the United Kingdom.

And, even in the aftermath of the financial downturn, customers have not scaled down their quality of stay.

“People are preferring to stay for a day or two less at their preferred destination rather than compromise on the quality of their stay. There is no perceptible shift of any such kind,” said a sector expert.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets open in red
- Kingfisher Q3 loss widens by 75%, costs mount
- Citigroup pays $158 mn in US mortgage fraud pact
- Olympus ex-president, others arrested: media
- Alibaba may take Hong Kong-listed unit private for $2.3 bn
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Save over Rs.3000 with IndianOil Citibank Card
- We live for our family. have you secured them?
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Medium-sized businesses are the engines of a smarter planet.
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Kanika Datta: The importance of being SRK
- Leela parts ways with Kempinski
- Nestle: Food for thought
- Tailor-made but not good enough
- Tata Motors soars to record level as JLR propels profit
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us