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TTA
69
rd
3 Annual India Hotel Expansion Summit
Noppen Conferences & Exhibitions Pvt Limited
along with BMGI, strategic advisor, hosted the
third edition of the India Hotel Expansion Summit
on 29th- 30th August at the Westin Hotel in
Mumbai. This Summit was supported by
prestigious companies like Zyxel Technology, Asian
Paints, Tyco Security, Alko Therm, Duni Benelux
BV, Crompton Greaves, HSIL Limited, Aquanomics.
Senior management from the likes of Starwood
Group, Marriott International, Holiday Inn,
Svenska Design, Berggruen Hotels, Sahara
Hospitality and many more attended this Summit
to understand more about the ever changing
trends in the Indian hospitality market.
The Summit kick started with Mr. Naresh
Raisinghani, CEO & Executive Director of BMGI's
Indian office discussing about the macro trends of
the growing foreign tourist arrivals and domestic
visits in the light of increasing available rooms and
current occupancy rates. He identified several key
factors that led to the growth for business such as
MICE tourism and increased GDP per capita in Tier
2 & Tier 3 cities. He also shed light on the
challenges faced due to development costs,
capacity expansion, and skilled manpower.
Ms. Benaifer Jehani, Director with CRISIL,
discussed the new oversupply situation at
certain locations in the premium hotels
segment. She pointed out that REVPAR growth
will be marginal (premium) or flat (business) and
increased competition will lead to stable ARRs.
Mr. Rajiv Puri, Vice President for Design &
Project Management from Marriott
International shared his thoughts on branding
for creating end user value and how
stakeholders as well as owners should be
educated on operational and technical aspects,
global alliances and new trends in creating
brand visibility. He also stressed on the need of
incorporating consumer feedback in designing
the brand proposition, dispelling the myths of
brands associated
with higher
spending. When
th th
29 -30 August
Where
Mumbai, India