Luxury Hotels Report Better Occupancy as industry Recovers

The Business Line dt.27/9/09

For details of the report click the following link

http://www.thehindubusinessline.com/2009/09/27/stories/2009092751100300.htm

Kerala tourism adds sheen with first cruise home port

Kerala tourism has added more sheen, this time on the seas, roping in Louis Cruises, rated the world's fifth largest cruise operator, to have Kochi as its home port…….for more details of the new click the following link.

http://economictimes.indiatimes.com/News/News-By-Industry/Services/Travel/Kerala-tourism-adds-sheen-with-first-cruise-home-port/articleshow/5027230.cms

Q-city, Hyderabad to develop hotel in Hyderabad

News courtesy: Economic Times dt.17/9/09

Ireland based Quinn Group has developed Q-city – a multi-tenanted commercial property in Hyderabad plans to diversify in next five years which includes a star hotel in a 4 acr property in the outskirts of Hyderabad. Quinn group manages hotels in Ireland, UK,

Visit : www.q-city.in & http://www.quinnhotels.com/

Phoenix Mills Plans 5-Star Hotels

Economic Times dt.7/9/09
A consortium let by Phoenix Mill is close to singning a pact with Marriott for its Kurla project. The project goes by the name of Phoenix Market City. In the total 25 acr hotel will occupy three lakh sq ft....The total expenditure for the hotel is 350 cr. it will have 250 rooms and will commence operation mid 2010.

Hospitality boom in Hyderabad/AP

Multiple hospitality projects are nearing completion and many more in the project stage in Andhra Pradesh/Hyderabad. Some of the upcoming projects in the star segment in Hyderabad as below.
Trident HiltonDaspalla Group
Parsvnath Hotels
Fortune Park Hotel
Viceroy Hotel Group( in Botanika)
Stamlo Hotels Pvt. Ltd. ( Dr.Reddy’s Group)
Rohini Hotels
4 Star Hotel in Hospitality Institute(NITHM)
Claridges Hotels
AP Tourism – 30 budget Hotels
Choice Hotels
Suchir India
Radission
Bridge Group
Blue Lotus (MAK Group)
Taj GVK
Sea Valley (Varun Group+ Accor )
Ista ( adding rooms)....etcHospitality/Restaurant/Bakery Visitors150+ exhibitors

Accor to have 10400 Rooms by 2012

European hospitality major Accor will make equity investment of Rs 636 crore in India for setting up 50 hotels over the next 2-3 years.....more details click the following link
http://www.business-standard.com/india/news/accor-to-invest-rs-636-cr-in-india-for-50-hotels-by-2012/72459/on

Barista to invest Rs 40 crore

Barista Coffee Company is looking at registering its maiden net profit next financial year. Currently the company is registering operating profit with a turnover of Rs 150 crore.
for more details
http://www.business-standard.com/india/news/barista-to-invest-rs-40-crore/368990/