Page 14 - Hospitality Industry
Marriott International elevates Ranju Alex as Area VP for South Asia region
As a key member of Marriott International's leadership think tank, Alex will be based in Mumbai and oversee the company's operations across India, Bangladesh, Sri Lanka, Nepal and Bhutan
 "Marriott International elevates Ranju Alex as Area VP for South Asia region")
Business travellers' hub welcomes increased footfall after easing of curbs
Two years of the pandemic have had a major impact on the economy of the place, with many hotels left with unoccupied rooms despite slashed rates
 "Business travellers' hub welcomes increased footfall after easing of curbs")
Recovery tracker: More people flying and registering vehicles, shows data
Retail, recreation visits slip over last week but remain higher than pre-Covid days
 "Recovery tracker: More people flying and registering vehicles, shows data")
 "Super Top up - Shaktimaan for the middle class!!!")
Sterling Holiday Resorts appoints Vikram Lalvani MD & CEO
He takes over from Ramesh Ramanathan, who continues to be the Chairman of the company, Sterling Holiday Resorts said in a statement
 "Sterling Holiday Resorts appoints Vikram Lalvani MD & CEO")
Open skies bring flood of enquiries from overseas to luxury retreats
Ananda in the Himalayas, a destination spa resort in the foothills close to Rishikesh, has witnessed an all-time high interest from foreigners
 "Open skies bring flood of enquiries from overseas to luxury retreats")
FHRAI seeks reduced GST rates for revival of hospitality industry
Hotel and restaurant body FHRAI has sought reduction in GST rates for the hospitality industry, as the sector struggles to recover from the impact of the pandemic-induced restrictions.
 "FHRAI seeks reduced GST rates for revival of hospitality industry")
 "Hasan Süzer's Journey From Hospitality to Leading Turkey's Medical Tourism Industry with SuzerMed")
IndiGo partners with MakeMyTrip for domestic and overseas packages
IndiGo said it will use its extensive flights inventory across the network in conjunction with MakeMyTrip's vast inventory of hotels and activities, to offer holiday packages under 6E Holidays
 "IndiGo partners with MakeMyTrip for domestic and overseas packages")
Airbnb sees strong first-quarter revenue on travel demand, longer stays
Strong demand helped push up prices charged by hosts, with average daily rates during the fourth quarter up 20% at $154
 "Airbnb sees strong first-quarter revenue on travel demand, longer stays")
Oyo IPO: Delhi HC rejects Zostel's petition for stake in firm
The root of the dispute between IPO bound Oyo and Zostel lies in a failed buyout deal 6 years ago, which Zostel claims was binding on Oyo.
 "Oyo IPO: Delhi HC rejects Zostel's petition for stake in firm")
Business hotels start seeing signs of recovery after protracted lull
Pent-up demand in MICE segment as firms start hosting physical events again, and easing of curbs on international travel will also help in getting closer to pre-Covid revenue levels, says industry
 "Business hotels start seeing signs of recovery after protracted lull")
Travel sector hails new health norms, urges restart of normal int'l flights
Says govt move will boost consumer confidence and accelerate revival of travel, tourism and hospitality sectors as well as economy at large
 "Travel sector hails new health norms, urges restart of normal int'l flights")
Hospitality sector improved in Q42021 on vaccination, eased curbs: JLL
Indian hospitality industry is on an upward trajectory with traveller confidence back, led by improved vaccination rates as well as ease in travel restrictions, investment management company JLL said.
 "Hospitality sector improved in Q42021 on vaccination, eased curbs: JLL")
Hotels clock 100% YoY growth in RevPar in last qtr of Calendar 2021: JLL
Indian hospitality industry is currently on a positive upward trajectory with traveller confidence backed by improved vaccination rates, and ease of travel restrictions, says JLL paper
 "Hotels clock 100% YoY growth in RevPar in last qtr of Calendar 2021: JLL")
Industry body Faith seeks commercial flights operations in full strength
The Indian inbound and outbound travel industry has been shut for the past 23 months, Federation of Associations in Indian Tourism and Hospitality (Faith) said in a statement
 "Industry body Faith seeks commercial flights operations in full strength")
Budget: There was room for more direct support, says hospitality industry
The government has extended the ECLGS up to March 2023 and earmarked an additional Rs 50,000 cr for hospitality and related sectors
 "Budget: There was room for more direct support, says hospitality industry")
After brisk December, hotels face biz loss as Omicron drives cancellations
Large-scale weddings and corporate events in Jan called off or postponed; banquet-driven hotel chains most impacted with some seeing cancellations running into lakhs in a single day
 "After brisk December, hotels face biz loss as Omicron drives cancellations")
TMS Ep73: Hospitality sector, CP Gurnani, RBL Bank, Vaccine IP waiver
Will Omicron affect the recovery of the hospitality sector? What's CP Gurnani's plan for TechM? Should you be caution about RBL Bank stock? What's hindering Covid-vaccine IP waiver? All answers here
 "TMS Ep73: Hospitality sector, CP Gurnani, RBL Bank, Vaccine IP waiver")
How may Omicron affect the recovery of the hospitality sector?
The world is ringing in New Year amid rising Covid infection. And so is the hospitality industry, which was hoping to recover losses with year-end revelry. Let's look at what it means for the sector
 "How may Omicron affect the recovery of the hospitality sector?")