Business Standard
Sunday, Jul 05, 2009
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Smart Portfolios
  Search:

X'mas, New Year bashes low-key in Mumbai hotels; bookings dip
Press Trust of India / Mumbai December 25, 2008, 11:19 IST

Hotels in the metropolis are seeing a slump in bookings for this holiday season compared to Christmas and New Year last year due to negative sentiment prevailing in backdrop of the economic meltdown and the terror attacks on Taj and Trident here.

 
 
News Now
Paper
Specials
- Budget hopes boost Sensex
- New Cos Bill to be more clear on role of independent directors
- CPI(M) leader expresses scepticism over several rail projects
- Reservation in pvt sector no answer for the future: Khurshid
- Satyam: Govt moves application in CLB to recall nominated directors
- Wheat futures rise after govt lifts export ban
More  

"There has been a 30-40% dip in bookings in Mumbai hotels this time because of the terror attacks. Big hotels have suffered more as they have more rooms to fill," Hotels and Restaurants Association, Western India, Secretary General S M Korde told PTI.

Many luxury establishments in the financial capital as well as in Goa, famous for its New Year bashes, witnessed shrinking occupancy rates following the 60-hour long terror siege on the iconic Taj and Trident hotels on November 26.

Ratan Tata-owned Taj and Oberoi Group-run Trident reopened their respective tower wings on December 21 after three weeks of restoration works.

Taj had an occupancy rate of 56%, with 150 of the 268 rooms being checked into on the first day, while the 550-room Trident registered an occupancy of over 16%.

"We had 95 rooms checked into on Christmas eve (December 24)," a Trident spokesperson said, adding occupancy may have touched 110 rooms by midnight. "We expect room bookings at 20-25% for Christmas day," she added.

The sea-facing hotel, like most of its peers, is going to keep Christmas and New Year celebrations low-key this time.

"We have stopped everything this time, firstly because of the tragic incidents (attacks) and also there is hardly any crowd who feels like partying," Anand Bhatt, General Manager, Ritz Hotel, located at Churchgate, said.

storypagge
Arrow Other Stories     
- Budget hopes boost Sensex
- Wheat futures rise after govt lifts export ban
- 50,000 in south China evacuated after rains causes floods
- Orders on lie detection plea on July 9
- BSP to launch state-wide protest against fuel price hike
- Centre has failed to tackle naxalite problem: BJP
  Read Business news in 
  The most passionate motoring online website for motoring enthusiasts
  Smart IT Strategies for Uncertain Times
  Renew Your Car Insurance with Tata-AIG AutoSecure
  Choose smart affordable IT solutions and meet customer expectations
  Required : Sales executive at Bangalore, Click here to apply
  Unique Maritime Investment opportunity - U.S. based Group dealing in piracy protection force
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments  (0)  
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Freight corridors not on slow track
- RNRL moves SC to restrain RIL from supplying gas
- M Madhavan Nambiar to be new secretary, civil aviation
- Finmin against IDBI Bank variable pay move
- Faculty afraid of burnout after AICTE allows evening classes
 
 More  


BS Poll
Cast Your Vote
 
   
 
Are you happy with the Railway Budget?
  Yes  No
Submit

  Hot Searches  
 
Manmohan Singh  |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi | L K Advani | Congress | Meenakshi Natarajan | Maruti Ritz | LTTE |  Ranbaxy | DMK | Swine Flu |  New Pension Scheme |  Q4 Results |  Tata Nano |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Election Commission |  Ramalinga Raju |  CitiBank  |  Satyam |  Maytas  |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  Bailout plan | ICICI |  Mumbai Terror Attack |  6th Pay Commission |  B-School | Mukesh Ambani | DLF  Sensex | Tax calculator |  Anil Ambani |  Infosys | Home Loan  | Bollywood | Subprime Crisis | Personal Finance |  inflation | oil prices |  World Bank | TCS |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter
  BS Products BS Hindi BS Motoring
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 | Site Map | Contact Us