General Awareness

TOURISM AND HOTEL INDUSTRY AWARENESS - February 2019

Feb 2019

Aug 08, 2019

Rixos Hotels inks deal to re-launch its largest resort in Egypt

Rixos Hotels has signed a deal to operate its largest all-inclusive resort on Egypt's Red Sea Riviera.
Part of the Accor portfolio, the group has partnered with Eastern Company for Investment and Touristic Development to re-launch the Rixos Makadi Bay, Hurghada.
This agreement to manage the world's largest luxury resort in the Egyptian Riviera overlooking the Red Sea is the latest milestone to follow Accor's acquisition of 50% of Rixos Hotels' shares as part of its expansion strategy in the Middle East.
The project, scheduled to launch in 2020, will eventually expand the existing property on the bay to feature 1,636 keys and world-class leisure and sports facilities.

IndiGo offers direct flights to Silchar

IndiGo has started offering direct flights to Silchar, Assam and also announced daily flights toDoha. IndiGo flight number 6E 6558 will depart from Netaji Subhash Chandra Bose International Airport (CCU) in Kolkata at 7.30 am and arrive at Silchar Airport at 8.45 am daily starting from September 20, 2019.

Vistara looks to fly to Europe, Australia next year

Vistara, the joint venture between Tata Sons Ltd and Singapore Airlines, is set to start long-haul international flights to destinations in Europe and Australia in 2020.
Vistara will also look for codeshare partnerships with other airlines in the new geographies.
Vistara kicked off its international operations starting from the New Delhi to Singapore route. While the airline will start flying on the Mumbai-Singapore route from August 14, it will start Mumbai Dubai operations from August 21 and Delhi-Bangkok flights from August 27 (2019).

Hampton by Hilton Celebrates Rapid Global Expansion to 2,500 Open Hotels

Hilton brand remains category leader after 35 years as it enters new markets and achieves largest pipeline in brand history
In August 2019, Hampton by Hilton continues to lead the upper-midscale category worldwide as the brand celebrates its 2,500th open hotel with Hampton by Hilton Lima San Isidro in Peru.
The milestone opening demonstrates Hampton's successful global growth strategy over the past 35 years – high-quality and thoughtfully designed accommodations, award-winning customer service culture and value-added amenities – all backed by the industry-leading 100 percent Hampton Guarantee
Hilton's largest brand now offers nearly 260,000 rooms worldwide across 27 countries and territories.

Aug 05, 2019

It's 'Operation Bedlam' for the tourism sector in Kashmir

Tourism has suffered a major jolt in Kashmir. Against an average footfall of 3,000 tourists per day just the previous week, a trickle of 350 arrived in the Valley, despite the adverse advisory.
Most hotels in tourist hotspots including Gulmarg and Pahalgam had been emptied following the advisory.Around 700 tourists are still in the Valley after helping around 90% tourists to leave Kashmir in the past two days.
All arrangements have been made for those who want to leave the Valley safely. Kashmir witnessed a major drop in tourists after the Pulwama attack in February, which witnessed India and Pakistan entering into a border duel.
However, April, May, June and July saw a steady growing numbers, from 17,172 in April to 60,844 in May and 1,16,572 in June and around 2 lakh in July, 2019. Kashmir Chamber of Commerce and Industry general secretary Farooq Amin said the sudden advisory had proved "Operation Bedlam" for people and the State economy.

Jul 28, 2019

OYO Hotels to Expand T.N. Footprint

Budget hospitality firm OYO Hotels & Homes would be offering its services in six tier-II cities of Tamil Nadu to strengthen its foothold.
OYO, which gets maximum bookings from Chennai and Coimbatore, is poised to enter Tirunelveli, Salem, Velankanni, Kancheepuram, Yelagiri and Tiruchendur.
Currently, OYO is present in over 300 cities across 10,000 leased and franchised buildings and over 200,000 rooms. It's mission is to upgrade all forms of real estate and thereby provide quality living spaces to travellers around the world.

Jul 20, 2019

Oyo to Raise Stake

Ritesh Agarwal, the founder and chief executive officer of Oyo Hotels and Homes, will invest $2 billion to buy back a part of the equity holdings of the company's early investors Lightspeed Venture Partners and Sequoia India, besides infusing more equity capital into the firm.
The founder-led management purchases are being made through RA Hospitality Holdings (Cayman).
Sequoia Capital held a 10.24% stake in Oyo, while Lighspeed had a 13.4% stake. It is not clear how much of their stakes they have sold in the latest transaction.
Agarwal's investment, backed by global institutional banks and his financial partners, is subject to regulatory and shareholder approvals.

Jul 17, 2019

OYO Enters Co-working Spaces

Hospitality chain OYO announced its foray into co-working spaces with a new brand — OYO Workspaces — with an aim to have 50 centres across the country by end of 2019.
The company confirmed that it had acquired co-working firm Innov8, which has about 16 centres in the country, providing seats to about 6,000 employees of brands like Swiggy, Paytm, Pepsi, Nykaa, OLX and Lenskart.
While financial details were not disclosed, the acquisition is being pegged at about ₹200 crore. OYO Workspaces, led by Rohit Kapoor, CEO of New Real Estate Businesses, aims to be a fully controlled workspaces solutions provider, designed to meet the needs of over 80% of the working population in the country, the company said.
The firm has also introduced two other co-working brands — Powerstation and Workflo. Powerstation would offer beautiful and functional workspaces for small and medium scale business at the right prices and Workflo is budget-friendly, functional co-working solution catering to the aspirations of a rising India.

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