Hospitality industry News – Latest hospitality industry News, Information & Updates

food-entertainment/entertainment

Hospitality sector beats IT, BPO, Retail, BFSI in hiring

hospitality sector beats it bpo retail bfsi in hiring

In a month-over-month analysis, the talent demand in the industry is higher than high volume industries such as IT, BPO, Retail and BFSI.

food-entertainment/food-services

Luxury hotels like Leela, Hyatt, others bolster growth with mixed-use projects

luxury hotels like leela hyatt others bolster growth with mixed use projects

The concept of mixed-use development involves a hotel, residential apartments, commercial and retail component — two or more elements under one project.

food-entertainment/entertainment

Hotel occupancy rates remained below 60% in first quarter

hotel occupancy rates remained below 60 in first quarter

Branded-hotel room inventory has risen close to 40%, or 96,000 rooms, in the last four years while demand has grown lower at 15%

food-entertainment/entertainment

Hospitality industry sees uptick in demand for corporate events from companies and business travellers

hospitality industry sees uptick in demand for corporate events from companies and business travellers

According to mid-market chain Lemon Tree Hotels India’s deputy MD Rattan Keswani, there has been a broad-based revival in business in most cities.

food-entertainment/food-services

Four expectations of hospitality sector from Union Budget 2014

four expectations of hospitality sector from union budget 2014

In the run up to the budget, the association has identified four key parameters that will play a crucial role in the resurrection of the sector. To reduce the burden and help boost commerce, HRAWI has suggested the following:

food-entertainment/entertainment

Ahead of the Budget, FHRAI asks Narendra Modi government to rationalise taxes in hospitality sector

ahead of the budget fhrai asks narendra modi government to rationalise taxes in hospitality sector

Ahead of the Budget, hospitality sector body FHRAI has asked the government to rationalise tax structure and provide incentives. Besides, it has asked for facilitating a broad spectrum of institutional mechanisms by which the hospitality industry, including small and medium enterprises, can access lower cost long-term finance.

food-entertainment/food-services

Hoteliers hope next government to drive turnaround in sector

hoteliers hope next government to drive turnaround in sector

Hospitality sector, which has been struggling with low room rates for past 5 yrs, is expecting next government to usher in friendly policies and an improved business environment.

food-entertainment/food-services

Hospitality industry comes of age in the Millenium City of Gurgaon

hospitality industry comes of age in the millenium city of gurgaon

“Gurgaon was extremely undersupplied just six years ago. But, today, many domestic and international brands have come up to cater to the rising demand,” said Rohit Vig.

food-entertainment/food-services

The launch of New and innovative kitchen equipment for HORECA industry in AAHAR 2014

the launch of new and innovative kitchen equipment for horeca industry in aahar 2014

AAHAR, the food and hospitality fair organised by ITPO (India Trade Promotion Organisation) from March 10-14 2014 at Pragati Maidan gave platform to many manufacturers and suppliers to launch their respective new products and technology for the industry visitors.

food-entertainment/entertainment

Luxury hotels hardsell suites to boost occupancy in slowdown

luxury hotels hardsell suites to boost occupancy in slowdown

Hospitality experts said it made sense for luxury hotels to sell their suites that were otherwise lying vacant in a tough market. The strategy was simple yet aggressive – offering more value to the luxury consumer. It hit the bull’s eye. In the first nine months of this fiscal, Oberoi sold 35,000 more rooms than the same period last year when it sold some 3.3 lakh room nights.

food-entertainment/food-services

Gift sales to touch Rs 18,000 crore in Valentine’s-Day week, says survey

gift sales to touch rs 18 000 crore in valentine s day week says survey

Companies are ready to cash in on Valentine’s Day celebrations and sales of gifts such as flowers, chocolates, toys and gadgets are expected to touch a whopping Rs 18,000 crore during the week.

e-commerce/e-tailing

Ahmedabad firm launches app for foodies

ahmedabad firm launches app for foodies

The hospitality industry has a new app to to increase their market presence and directly connect with their customers using mobile as a medium. Ahmedabad-based firm, Azilen Technologies, has launched Spoonzo- a modern food ordering application that allows people to browse menu and order food from a restaurant.

food-entertainment/food-services

An average year; not much to cheer for hospitality industry in 2013

an average year not much to cheer for hospitality industry in 2013

The Indian hospitality industry witnessed an ‘average’ year in 2013 as slowdown in Europe and other nations hurt tourist arrivals, while taxation issues continued to plague the sector.

food-entertainment/entertainment

Hospitality cos parted ways with int’l brands for growth: Study

hospitality cos parted ways with int l brands for growth study

In the last 6-7 quarters, many Indian hospitality brands parted ways with global brands, of which prominent were Leela Hotels, culminating its 25 year-old partnership with Geneva-based Kempinski, and Hong Kong-based Shangri-La International Hotel Management firm ending its relationship with Pallazzio Hotels and Leisure, a subsidiary of the Phoenix Mills, the report said.

food-entertainment/food-services

“HPMF wants to ensure overall long term benefits for the hospitality industry”: Nitin Shankar Nagrale

hpmf wants to ensure overall long term benefits for the hospitality industry nitin shankar nagrale

The Indian foodservice market is estimated to grow at 16 % y-o-y over the next 5 years according to a report by the National Restaurants Association of India (NRAI). However, 70% share of this growth itself would be cornered by the unorganized F&B market. Regardless of a favourable policy environment the F&B sector in the country is faced with challenges which primarily include a lack of quality vendor base, supply chain & logistics hurdles and monitoring environmental hazards among others.

food-entertainment/food-services

Michelin star gains significance in India’s hospitality industry

michelin star gains significance in india s hospitality industry

In the increasingly competitive world of fine dining, the Michelin star is gaining totemic status in India’s hospitality industry as a gastronomic imprimatur.

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