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Old September 16th, 2010, 04:37 PM   #81
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Indian Hotels unveils ‘Vivanta by Taj' brand

Plans to add 60,000-70,000 rooms in 7 years

Gets Rs.180 crore part-compensation for terror attack

Raymond Bickson, MD and CEO, Indian Hotels Company, introducing Vivanta by Taj Hotels and Resorts at in Bangalore on Tuesday.

BANGALORE: The Tata Group's flagship in the hospitality segment, The Indian Hotels Company Ltd (IHCL), announced on Tuesday the launch of its new brand, Vivanta by Taj, a portfolio of 19 properties across the country in the “upper upscale” segment.

Raymond N. Bickson, Managing Director and CEO, while unveiling the new brand here, said the second phase of the company's “rethinking and rebranding exercise” was aimed at “rapid expansion of capacity in the key segment.”

Mr. Bickson said the creation of the brand follows a similar exercise followed by the company while creating The Taj Gateway portfolio of hotels in the “upscale” segment two years ago. “We have added a new hotel every six weeks in the last seven years and we plan to add 60,000-70,000 rooms in the next seven years,” Mr. Bickson said.

Explaining the rationale for the rebranding exercise, Mr. Bickson said, “Our strategy of ensuring domestic dominance could not have been with just the Taj brand.” He said the segmented nature of the market meant that the company addressed demand in “every niche of the business.” The Ginger Hotels at the lowest level, and the Taj Gateway at the upper-end, ensured that the company addressed demand at every level of the hospitality business, he said.

Referring to demand, Mr. Bickson said, “The market is robust, with occupancy rates currently at 62-70 per cent.”

He said IHCL had received Rs.180 crore as “part-compensation” from its insurers for losses suffered during the terrorist attack on the Taj Palace in 2008. “We expect to close discussion with our insurers in the next few weeks,” he added.

Mr. Bickson said 14 more properties would be added to the Vivanta by Taj portfolio in 12-14 months, and four more in 14-18 months. Among the new properties being developed are those in Yeshvantpur (Bangalore), Coimbatore, Hyderabad, and three in Delhi (Dwarka, Gurgaon and Shahdara). In the same period, three Vivanta by Taj resorts will also open in Coorg, Bekal in north Kerala and Srinagar in Kashmir.
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Old September 23rd, 2010, 10:51 AM   #82
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The Leela Palace Kempinski Hyderabad

Hyderabad 'the pearl city of India' is fast emerging as an IT and BPO centre. The Leela Palace Kempinski Hyderabad is being constructed on prime location of Banjara Hills.The 186 Room hotel is on its way to completion.
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Old September 24th, 2010, 10:23 AM   #83
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New Hotels in Pipeline

1.) Uppal Group plans to develop seven luxury hotels by 2010
Real estate firm Uppal Group plans to develop seven luxury by 2010 in the country, adding about 1,400 rooms across the country. Expanding its business in the hospitality sector, the group tied with global hospitality major Marriott for developing and managing two five-star hotels, each in Gurgaon and Chandigarh, with a total investment of over Rs 500 crore.

2.) Marriott to add 24 hotels by 2011
International hotel chain Marriott is planning to add 24 luxury hotels in the country by the year 2011. Marriott International Regional Vice President (Hotel Development - Indian Subcontinent) Navjit Ahluwalia said that these luxurious hotels will comprise of about 7,000 rooms.

3.) Panoramic Universal to launch new hotels in India
Panoramic Universal, a global hospitality player is going to launch for hotels in India. The hotels would be placed in Thane, Hyderabad, Durgapur and Pune and would be completed in the year 2009.

4.) Ten New Hotels to dot the city of Hyderabad
Possibly by the end of this decade the city of Hyderabad would have over 10 new hotels which would be a mix of luxury as well as budget hotels. Big groups like The Park, Hilton, Hyatt, Accorr and Trident have already made their plans to set up high-end star hotels here.

5.) Marriott Joins Hand With Unitec for 3 new hotels in India
US- based lodging firm Marriott International has entered into a long term management agreement with real estate developer Unitech to run three new hotels in India, which are expected to start their operations by 2008. The three new hotels would be located in Kolkata, Noida and Gurgaon.

6.) Accorr Group has plans to set up 200 hotels in India
Accorr, the worldwide famous hotel group has plans to establish 200 new hotels in India within this decade

7.) Appu Hotels Plans to open 10 new hotels across Tamil Nadu
Appu Hotels, the owner of Le Royal Meridien (five star deluxe hotel) in Chennai is planning to set up around 10 hotels across Tamil Nadu in the next three to four years. An investment of around Rs. 1000 crores is expected in this project.

8.) Kempinski and Leela Palaces & Resorts bring a chain of hotels
Kempinski Hotels and the Leela Palaces & Resorts have announced the extension of their Management Alliance in India. In the agreement signed by the heads of each group, Reto Wittwer, President & CEO of Kempinski, and Captain C.P Krishnan Nair, the honourable Chairman of the Leela Palaces and Resorts it is mentioned that in addition to the Leela Kempinski hotels in Mumbai, Bangalore and Kovalam, a further five hotels in New Delhi- Gurgaon , Udaipur, Chennai, Hyderabad and Pune will be constructed in the next four years. The first of the new hotels under this agreement has already opened in 2005 and will be rechristened as The Leela Kempinski Kovalam Beach Resort.

9.) Larsen and Turbo's new venture in Bangalore
The idea of leasing land for the construction of a hotel with recreational facilities for travellers is being considered in Bangalore. Larsen and Tourbo will undertake the construction work.

10.) Starwood and Vatika set for the Westin New Delhi Hotel & Residences
Starwood Hotels & Resorts and Vatika Group, one of the leading real estate and hospitality players in India have announced an agreement to construct The Westin New Delhi Hotel & Residences in Gurgaon, India which is scheduled to open in 2007. The hotel however will be managed by Starwood and will feature 300 rooms, five restaurants, 17,500 square feet of meeting space, a 16,000 square-foot health and spa center, as well as upscale retail outlets. Located strategically in Gurgaon, the hotel will provide travelers easy access to key convention and commercial offices.

11.) Mahima Real EstatePvt Ltd plans hotel in Jaipur
The Jaipur- based Mahima Real Estate Pvt Ltd ( MREPL ) is planning to launch a hotel -cum-mall project in the Pink City.

12.) Hyatt plans to launch 15 five star and deluxe hotels and resorts in India
The US based Hyatt International Hotels and Resorts has planned to add another 15 five star and delux hotels and resorts in India over the next three to four years. Hyatt will set up two hotels each in Bangalore, Hyderabad and chennai. It also has plans to expand its construction network in Mumbai, Ahmedabad, Chandigarh and Gurgaon. It is eyeing on Kerala and Goa as the prospective sites for resort construction.

13.) South India Hotels & Restaurants Association proposes a launch of 51 hotels in South India
According to M.P Purushothaman , President South India Hotels & Restaurants Association, proposals have been made to launch 51 hotels in South India. Most of the hotels would be in the three star category. The average investment per hotel would be in the range of Rs 20 lakhs per room.

14.) Chandigarh- hot target for hotel construction
DLF in a joint venture has decided to build five star hotels in Chandigarh in the next three years. Radisson, Oberoi and Maurya Sheraton have also shown interest in setting up hotels in Chandigarh. DLF has already set aside 4 acres of land in the IT Park, where it will develop a five star hotel with 250 rooms, costing around Rs 250 crore.

15.) Shangri-La to check into Bangalore
Hong-Kong based Shangri-La Hotels & Resorts is launching its first business hotel brand 'Traders Hotel' in Bangalore. The Traders hotel would open in late 2008 with 316 rooms near the International Tech Park situated at Whitefield. Apart from this business hotel, this hotel group would operate two five-star hotels.

16.) ITDC to build two hotels
ITDC has sought the New Delhi Municipal Corporation nod to set up two green- field hotels in the capital.

17.) Oberoi Group's New Venture
The Oberoi Group is planning to launch a luxury hotel in Goa. Goa is going to witness development of 12 new hotels over a period of 3-5 years, according to a survey by Federation Of Hotel and Restaurant Associations Of India and HVS International. The Oberoi could be one of these 12 new hotels.

18.) IIHR New Venture
Indian Hotels and Health resorts ( IIHR ) Hospitality Private Limited, which has Ananda Spa as its flagship brand , is now planning to open a range of business class hotels, with the penning of Ista, Bangalore. It will be investing around Rs 500 crore to set up the Ista brand of business hotels across the country. The Chairman of IIHR, Gautam Khanna has announced that the investment would be made in the properties coming up in Hyderabad, Ahmedabad, Pune and Amritsar by 2008. The group is also planning a second project in Bangalore with 70 rooms.

19.) Royal Orchid's New Launch
Bangalore- based hotel group Royal Orchid has planned to set up a four star hotel in Hyderabad by the end of 2006. It is further expecting to launch a five star hotel in the future. Also, hotel chains like London based Le Meridien, the InterContinental group and Lemon Tree are keen to come to Hyderabad. The ITC group also has plans to build another hotel in the city.

20.) Accor Launches first new hotel in India
Accor has recently launched its first newly built hotel in India- Novotel Hyderabad. The hotel has 287 spacious rooms and features two restaurants, swimming pool, fitness centre and business centre.

21.) Lemon Tree Hotels on major expansion spree
Lemon Tree Hotels has drawn a major expansion plan and will be launching two more hotels in 2006 in Goa and Pune. In addition, seven more hotels are under development across cities like Chennai, Delhi, Goa, Hyderabad, Jaipur, Mumbai and Pune. The Lemon Tree Amarante Beach resort Goa will be the first one to open and is slated for an opening in November 2006. In addition, three other Red Fox Hotels in the economy segment are under construction in Mumbai, Jaipur and Hyderabad and are expected to open by 2008 end. Currently two Lemon tree Hotels are operational at Udyog Vihar and City Centre, Gurgaon.

22.) Le Meridian Plans to launch 10 more hotels in India
Le Meridian Hotels & Resorts plans to launch largest number of hotels in India. The UK based Le Meridian group of hotels currently has a major of 10 hotels across India and has made plans to double the base to 20 hotels in India latest by 2009. Robert E Riley, the CEO of Le Meridian Hotels & Resorts made this announcement.

23.) International hotel brands to raise toast to India
World's leading hotel brands are planning to enter the Indian hospitality industry in joint venture with various domestic hotel majors of India. Even new brands such as Amanda, Satinwoods, Banana Tree, Hampton Inns, Scandium By Hilt and Mandarin Oriental are no more lagging behind in this matter.

24.) 38 New Budget Hotels for India
Berggruen Hotels has come up with a huge plan of setting 38 new budget hotels in India in the coming five years at an investment of $ 100 million. The hotels would be constructed in major destinations of India.

25.) Banyan Tree to start Rs. 150 crores JV hotel in Kerala.
The internationally acclaimed, Singapore based hospitality group - Banyan Tree Hotels and Resorts is to start a Rs.150 crore joint venture luxury resort in the backwaters island of Chertalla in Kerala's Alappuzha district. The resort would be the most luxurious in India offering all possible comfortability level to the visitors from all across the globe.

26.) Best Western to develop 100 hotels.
Cabana Hotel Management Pvt Ltd, the Indian master licensee for Best Western, the world's largest hotel group, will develop 100 hotels in India's emerging business centres over the next seven to eight years with an investment of $1.2 million. Cabana has already made plans for making six hotels in Ooty, Bangalore, Jaisalmer, Kanyakumari and Jaisalmer and now is moving ahead to Delhi, Chandigarh, Hyderabad, Chennai, Surat, Patna, Aurangabad, Nagpur.
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Old September 25th, 2010, 12:21 PM   #84
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Hyderabad 'the pearl city of India' is fast emerging as an IT and BPO centre. The Leela Palace Kempinski Hyderabad is being constructed on prime location of Banjara Hills.The 186 Room hotel is on its way to completion.
The construction is yet to start and u are about to complete in the thread.
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Old September 25th, 2010, 02:50 PM   #85
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some hotel construction is going on banjara hills opposite to tv9 office..i thought that hotel construction is leela palace..correct me if i am wrong
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Old October 1st, 2010, 11:44 AM   #86
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Got this from Google maps
http://www.panoramio.com/photo/40812725



Which Hotel is This ...?
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Old October 1st, 2010, 12:31 PM   #87
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that is aditya sarovar

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Old October 1st, 2010, 04:43 PM   #88
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The Trident Hilton Hotel

250 key Trident Hilton Hotel and 50 service apartments is currently under development. The hotel facilities is located at Hitech City.
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Old October 4th, 2010, 04:01 PM   #89
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To open 189-room hotel in Hyderabad by Feb 2011: Taj GVK
Published on Mon, Oct 04, 2010 at 14:57 | Updated at Mon, Oct 04, 2010


Taj GVK Hotels do have plans in Hyderabad for commission of 189 room property in 2011.


In an interview with CNBC-TV18, Indira Krishna Reddy, MD, Taj GVK Hotels, spoke about the latest happenings in the company and sector.

To open 189-room hotel in Hyderabad by Feb 2011: Taj GVK

Q: Could you take us through this property, which is lined up in Hyderabad, which is expected to be commissioned in 2011? How much of it has been executed and when could it actually be commissioned, in terms of a time line in 2011?

A: We are planning to open by February or maximum by the month of March. It is almost getting ready. It is a 189-room hotel. It is going to be Vivanta by Taj. You maybe aware that all five star business hotels of Taj are now called Vivanta by Taj. So, this is one of that hotels, it has got beautiful façade and all the new amenities. But of course it is today’s hotel that means for all these young entrepreneurs, not typically like old palace type of a hotel. It is very modern, a very nice hotel. We are going to launch it in the month of February.

We are also planning to launch within a year’s time that is going to be a large 250-room Ginger hotel in Hyderabad; the first Ginger Hotels in this company in Hyderabad. We are planning to look out for sites and other things first to identify the land. We are just looking at areas and identification of land, as far as Ginger Hotels are concerned.

Q: Regarding this 189-room property in Hyderabad that you were referring to what is the kind of revenue generating you are expecting, occupancies and also what the likely room rents might be?

A: If you mean occupancies in the first year, any hotel in the first year you cannot expect more than 50-55% that is what I think. Maybe if you are lucky enough, you can get 70% also. But first six months, we will take it at 40%, and then it comes to 60%. For the next financial year, the average will be between 55 and 60%.

Q: So in FY12 what could be the revenue generation form this property per se?

A: We expect between Rs 44-50 crore.

Q: A lot of your revenues do only culminate from the Hyderabad market and you have capex which you are undertaking for that market as well. Can you just throw some colour on how exactly the Hyderabad market is panning out?

A: Hotels are long gestation period projects and capital intensive and it is like lifetime. You cannot say that only this year you are going to make money and next year you are not. So, you have to at least look for a long-term of five-ten years.

In five-ten years time, Hyderabad has to really grow, whatever the ups and downs Hyderabad is facing today. Total infrastructure is beautifully created in Hyderabad, and the people, the location, the proximity. Hyderabad, I feel is one of the best places to live in the country and it has to grow.

If you look at the roads, this Outer Ring Road (ORR), when you compare with other cities like Chennai, Bangalore etc, this is an excellent city. But at the same time, it has little political issues, which has to be settled by the end of December. These things are all temporary for three-six months, but these hotels have to do well because locationally they are in really strategic location. They are in best locations in Hyderabad. So, they a have to do very well and our company substantially.
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Old October 4th, 2010, 06:13 PM   #90
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Originally Posted by rizwan3 View Post
To open 189-room hotel in Hyderabad by Feb 2011: Taj GVK
Published on Mon, Oct 04, 2010 at 14:57 | Updated at Mon, Oct 04, 2010


Taj GVK Hotels do have plans in Hyderabad for commission of 189 room property in 2011.


In an interview with CNBC-TV18, Indira Krishna Reddy, MD, Taj GVK Hotels, spoke about the latest happenings in the company and sector.

To open 189-room hotel in Hyderabad by Feb 2011: Taj GVK

Q: Could you take us through this property, which is lined up in Hyderabad, which is expected to be commissioned in 2011? How much of it has been executed and when could it actually be commissioned, in terms of a time line in 2011?

A: We are planning to open by February or maximum by the month of March. It is almost getting ready. It is a 189-room hotel. It is going to be Vivanta by Taj. You maybe aware that all five star business hotels of Taj are now called Vivanta by Taj. So, this is one of that hotels, it has got beautiful façade and all the new amenities. But of course it is today’s hotel that means for all these young entrepreneurs, not typically like old palace type of a hotel. It is very modern, a very nice hotel. We are going to launch it in the month of February.

We are also planning to launch within a year’s time that is going to be a large 250-room Ginger hotel in Hyderabad; the first Ginger Hotels in this company in Hyderabad. We are planning to look out for sites and other things first to identify the land. We are just looking at areas and identification of land, as far as Ginger Hotels are concerned.

Q: Regarding this 189-room property in Hyderabad that you were referring to what is the kind of revenue generating you are expecting, occupancies and also what the likely room rents might be?

A: If you mean occupancies in the first year, any hotel in the first year you cannot expect more than 50-55% that is what I think. Maybe if you are lucky enough, you can get 70% also. But first six months, we will take it at 40%, and then it comes to 60%. For the next financial year, the average will be between 55 and 60%.

Q: So in FY12 what could be the revenue generation form this property per se?

A: We expect between Rs 44-50 crore.

Q: A lot of your revenues do only culminate from the Hyderabad market and you have capex which you are undertaking for that market as well. Can you just throw some colour on how exactly the Hyderabad market is panning out?

A: Hotels are long gestation period projects and capital intensive and it is like lifetime. You cannot say that only this year you are going to make money and next year you are not. So, you have to at least look for a long-term of five-ten years.

In five-ten years time, Hyderabad has to really grow, whatever the ups and downs Hyderabad is facing today. Total infrastructure is beautifully created in Hyderabad, and the people, the location, the proximity. Hyderabad, I feel is one of the best places to live in the country and it has to grow.

If you look at the roads, this Outer Ring Road (ORR), when you compare with other cities like Chennai, Bangalore etc, this is an excellent city. But at the same time, it has little political issues, which has to be settled by the end of December. These things are all temporary for three-six months, but these hotels have to do well because locationally they are in really strategic location. They are in best locations in Hyderabad. So, they a have to do very well and our company substantially.
Sorry to say that i live in Hyderabad and all the roads are in horrible condtion.ORR is being built in a grand scale but there is hardly any activity going round there.Most of the roads in the core part and the suburban parts of the city are narrow,potholed and even with big craters and the GHMC has not taken any steps to repair the roads.The less said about the bylanes and streets is better.Even the slightest rains flood the roads and water stagnates for days added to that there are to many overflowing sewages and the stink pervading the city.Political uncertainity is killing the city.Realestate developers have no plans for new projects as they are saddled with existing projects unable to sell despite announcing freebies and reduced rates.Hotel industry will thrive if only the industry thrives.Best of luck to new star hotels being opened as even existing hotels are struggling with low occupancy.Telengana problem should be sorted out one way or other otherwise it is disaster for not only hyderabad but Telengana,Andhra and Rayalaseema regions too.
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Old October 4th, 2010, 06:52 PM   #91
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for the first time,i completely agree with u.i too am sorry to say that i live in hyderabad.....
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Old October 4th, 2010, 09:05 PM   #92
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the infrastructure in the city is nearing the crumbling state,the cm rosiah should take immediate rightful steps and that too,very quickly,what the hell is he waiting for.........
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Old October 5th, 2010, 04:16 PM   #93
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the infrastructure in the city is nearing the crumbling state,the cm rosiah should take immediate rightful step
Resign and hand over the baton to some competent leader. During Naidu's rule the roads were at its best. After Congress came to power the deterioration started and now it is at its worst.

I may sound like an opposition leader; can't help my heart beats for HYDERABAD.
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Old October 5th, 2010, 11:28 PM   #94
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Where is Mr Naidu now?
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Old October 6th, 2010, 10:28 AM   #95
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Where is Mr Naidu now?
He is still the oppostion leader but cannot do anything in a state which is the most corrupt in the country.Congress party's financial muscle originates from A.P.We are called the Italians of the east (Telugu language is referred to as the italian of the east)but are subservient to the italian lady of the west who is the leader of the very very National party of the freedom struggle.
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Old October 6th, 2010, 11:17 AM   #96
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He is still the oppostion leader but cannot do anything in a state which is the most corrupt in the country.Congress party's financial muscle originates from A.P.We are called the Italians of the east (Telugu language is referred to as the italian of the east)but are subservient to the italian lady of the west who is the leader of the very very National party of the freedom struggle.
Good one...

If you look at the Congress ruling states situation(majorly Kashimr, Andhra Pradesh etc), I guess, Congress High command has a strategy. Sit calmly and watch the game (Sit & watch). At the end, pass the blame onto some one (for these also they might blame PV).
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Old October 10th, 2010, 04:16 PM   #97
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Where is Mr Naidu now?
Naidu is at his hoz ..waiting for nxt Elections to com Hez counting each day month year

He will surely win nxt time Elections..N bring back Hyderabad its glory. MKKR ....
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Old October 10th, 2010, 04:19 PM   #98
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Sarovar plans Rs 65-crore Hometel in Chennai,Hyderabad
2010-10-09 04:20:00

Delhi-based hotel management company Sarovar Hotels and Resorts is coming up with a three-star budget hotel under its ‘Hometel’ brand in Chennai with an investment of about Rs 65 crore, according to its managing director Anil Madhok.

"The 170-room property in Chennai will be company-owned, and will be operational by the beginning of the next financial year," he told Business Standard. Of the 47 hotels that Sarovar currently operates, two are company-owned while the remaining are management contracts under the Sarovar Premiere five-star and Sarovar Portico four-star full-service brands.

The company already has two hotels in Puducherry, one each in Chennai and Kochi, three in Bangalore and two in Hyderabad under its fold. It is in the process of opening one more hotel in Hyderabad and three in Bangalore by the end of this financial year.

"The Hyderabad property will be a Sarovar Premiere brand with 230 rooms, complete with banqueting, restaurants, spa, swimming pool and a business centre. The investment in the project will not be done by Sarovar but by the company owning it.

This apart, a Rs 100-crore hotel in Jaipur is on the cards," Madhok said, adding the company will fund the proposed projects through a mix of debt and internal accruals.


"We currently manage revenues of Rs 500 crore, and see a 15 per cent growth in revenues this year," Madhok said, adding the company was currently looking at Africa, which offers a huge potential for expansion, and will look at the West Asian market after a couple of years.
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Old November 4th, 2010, 06:01 PM   #99
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http://sify.com/finance/nizam-s-pala...euOmjdchg.html

Nizam's palace turned Taj Hotel opens
2010-11-04 20:50:00

Hyderabad, Nov 4 (IANS) Falaknuma Palace, one of the historical landmarks of Hyderabad and which was once owned by the erstwhile nizams, has been thrown open as luxury hotel.

After 10 years of extensive and sensitive restoration, the Taj Group of Hotels has opened the palace once owned by rulers of erstwhile Hyderabad State and located in the old city, about five km from the historic Charminar.

Built by Nawab Vikar-ul-Umra, the then prime minister of Hyderabad in 1893, it is the single most stunning example of the opulence of Hyderabad's royalty.

Ranjit Philipose, General Manager, Taj Falaknuma Palace, told reporters Thursday after a walk through the palace that with 60 exquisite rooms and 15 suites, it offers guests a glimpse of the imperial lifestyle of the nizams.

Falaknuma or mirror of the sky in Urdu, was the residence of sixth nizam Mehboob Ali Khan.

King Edward VIII and the last Russian Tsar, Nicholas II, were among the guests who stayed here.

The tariff ranges from Rs.33,000 to Rs.500,000 for a night's stay. The suites include the Nizam's suite.

The seven-star hotel opened bookings from Oct 31 and it received a couple of guests during the last four days.


However, the formal inauguration will take place on Nov 13. The hotel officials said it will be a private party.

Mir Barkat Ali Khan Mukarram Jah Bahadur, the scion of the nizam family, his former wife princes Essra and Tata Group Chairman Ratan Tata will be among the guests.

A rare blend of Italian and Tudor architecture made entirely of Italian marble, the palace is famous for its opulent interiors.

The palace also has a dining table claimed to be the world's largest that can seat 101 guests at a time.

The hotel offers nizam's cuisine along with Italian and Mediterranean fare.
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Old November 7th, 2010, 05:05 AM   #100
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http://sify.com/finance/at-this-pala...hiOdcfegc.html

At this palace hotel, you feel like a Nizam
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