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Crouching Tiger, Roaring Dragon: - Travel News Digest

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hospITALITy<br />

Global downturn and Indian hospitality<br />

The recent global market shock<br />

has not spared the Indian tourism<br />

industry as the inbound tourist<br />

trade braces itself for a slowdown.<br />

During 2009, foreign tourist<br />

arrivals in India plummeted as<br />

Hilton Worldwide is all set to<br />

re-establish the Hilton brand<br />

in India. The hotel chain will be<br />

adding up to 50 properties to its<br />

portfolio in the next five years.<br />

Luxury brands —Waldorf Astoria<br />

and Conrad, upscale brand<br />

Doubletree and the mid-market<br />

brand, Hampton, will be introduced<br />

for the first time in the<br />

Indian market. Hilton and Hilton<br />

Garden Inn have already<br />

been launched in the country<br />

while six more hotels will be<br />

opened in the next nine months<br />

under the Hilton and Doubletree<br />

brands in Gurgaon, Bangalore,<br />

Gujarat and in the Mumbai<br />

The ITC Group has acquired a<br />

26% stake in a 275-room, fivestar<br />

luxury hotel property being<br />

developed by Noida-based Logix<br />

Group in Noida’s Sector 105. The<br />

company plans to invest close<br />

to `100 crore in the project and<br />

will also manage it under the<br />

top-end ITC hotels brand. The<br />

total project cost of the hotel,<br />

which is part of a larger sevenacre<br />

commercial and retail<br />

Hilton Worldwide expands<br />

Hilton Worldwide announced<br />

expansion plans for South America<br />

at the South America Hotel<br />

& Tourism Investment Conference<br />

hosted by HVS Argentina<br />

in Santiago, Chile. “Hilton<br />

Americans and Europeans who<br />

patronise India’s luxury resorts,<br />

slashed luxury spending. The<br />

number of foreign tourists visiting<br />

India fell from 5.4 million<br />

to 5.2 million from 2008 to 2009,<br />

Hilton expansion in India<br />

region. Lenny Menezes, country<br />

manager - India, Hilton International<br />

Hotels, believes mid-scale<br />

brands Hampton Hotels and<br />

ITC acquires stake<br />

development called Riviera 105,<br />

is `440 crore. The construction<br />

of the hotel is expected<br />

to finish in 36 months. Logix<br />

Worldwide has a strategic commitment<br />

to expand globally, and<br />

Latin America is a high priority<br />

target for our expansion,” Bill<br />

Fortier, senior vice president,<br />

Hilton Worldwide was quoted<br />

before recovering last year to 5.5<br />

million, according to a report in<br />

the Financial Times.<br />

According to PRS Oberoi,<br />

chairman and chief executive<br />

officer, Oberoi Hotels and<br />

Resorts, global economies and<br />

the economic environment are<br />

volatile. On the foreign direct<br />

investment (FDI) front too,<br />

Oberoi was bearish, saying inflation,<br />

escalating interest rates and<br />

corruption scandals had tarnished<br />

India’s reputation as a<br />

chosen destination for FDIs. But<br />

tourism within India is flourishing.<br />

The number of domestic<br />

tourists has grown steadily<br />

to around 700 million annually.<br />

In some parts of India, domestic<br />

travellers are spending more<br />

than foreign visitors. Tourism<br />

minister Subodh Kant Sahai said<br />

Hilton Garden Inn will drive the<br />

company’s growth in the country<br />

as they are well-suited to expand<br />

in secondary and tertiary cities.<br />

is constructing an 800,000 sq<br />

ft of commercial office space,<br />

500,000 sq ft of retail space and<br />

a budget hotel as well in Sector<br />

105, which is just ahead of<br />

Unitech’s Grande project on the<br />

Noida-Greater Noida expressway.<br />

It has already inked pact<br />

with global food retail chain<br />

Spar International for a hypermarket<br />

and is also planning an<br />

11-screen multiplex.<br />

saying. The Group currently has<br />

45 hotels and resorts throughout<br />

Latin America. By the end of<br />

2013, the company’s presence in<br />

Latin America is expected to surpass<br />

60 hotels.<br />

recently domestic tourism had<br />

witnessed an annual growth of<br />

over 10% over the previous year.<br />

Sahai added that domestic tourism<br />

was likely to grow at the rate<br />

of 12% in the next five years. This<br />

Marriott International<br />

announced the opening of<br />

three-hotel Doha City Centre<br />

complex including the<br />

Renaissance Doha City Centre<br />

Hotel, Courtyard by Marriott<br />

Doha City Centre and<br />

Marriott Executive Apartments.<br />

The Renaissance<br />

Doha City Centre Hotel,<br />

has 257 rooms and suites,<br />

The Courtyard by Marriott<br />

Doha City Center has 204<br />

guest rooms and The Marriott<br />

Executive Apartments<br />

creates tremendous opportunities<br />

for budget and mid-market<br />

hotels. Little wonder, a number<br />

of international hotel chains have<br />

announced ambitious expansion<br />

plans in India.<br />

Marriott debuts<br />

properties in Doha<br />

Doha City Center, offers 123<br />

serviced apartments. The<br />

opening marks the debut of<br />

the three brands in Qatar.<br />

Ideally located in West Bay<br />

across Qatar Financial Centre<br />

in two modern 48-storey<br />

towers, on the doorstep of<br />

the new business district of<br />

Doha and 15 minutes from the<br />

Doha International Airport,<br />

the hotel complex reinforces<br />

Doha’s futuristic vision and<br />

growing potential of tourism<br />

in Qatar.

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