The AHTIC conference, a top-level gathering of international investors, business leaders, government ministers and officials, will take place on November 27-29 at the Hilton Colombo in Sri Lanka.
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Hotels competing for higher occupancies by resorting to discounts and freebies resulting in lower ARRs are only harming their balance sheets. Beneficiaries of this competition are the corporates,
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Located 25 kilometres North-East of Visakhapatnam, the resort features 28 exotic rooms overlooking the scenic Bay of Bengal amid uninterrupted views.
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The Chartered Institute of Management Accountants, UK (CIMA) recognised Chadha for his contribution to the Business and Industry and represented the hospitality industry at the award ceremony.
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For most investors in investor cycle 2.0, the investment strategy has changed to investing only in operating assets or almost ready assets which takes away all the development risk and allows speed to market with income generating assets.
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RCI has added India’s first Hard Rock Hotel situted in Calangute Goa, to its global network of 4,300 resorts which is spread over 100 countries
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With these authorisations, the only remaining country in which Marriott and Starwood require pre-merger authorisation is China.
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Kachru has been instrumental in building the business in India since 1998. Most recently, he was chairman and a mentor to Raj Rana, chief executive officer, South Asia, of the Group, since 2013. Prior to that, Kachru served as executive vice president, responsible for the overall strategy, hotel development, management and functional support of key markets within South Asia, overseeing Carlson Rezidor Hotel Group’s joint venture companies in India.
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Apeejay Surrendra Park Hotels launches fourth ‘Zone by The Park’ property and plans to open properties in Mahabalipuram, Bhubaneswar and Jodhpur in 2016.
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Travel innovation leader opens even more doors by expanding keyless technology to Le Méridien, Westin, Sheraton, and Four Points properties, unveils multi-key functionality
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