Crouching Tiger, Roaring Dragon: - Travel News Digest
Crouching Tiger, Roaring Dragon: - Travel News Digest
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.