Chennai Hotels thread - Page 53

satishanu · January 30th, 2012, 03:17 PM

Yes, very impressive list. I guess Chennai has major international brands opening up this year.

bonoslack7 · January 30th, 2012, 05:48 PM

karkal · January 30th, 2012, 07:33 PM

Quote:

Originally Posted by bonoslack7

1) ITC Grand Chola - March
2) Radisson City Centre - March
3) The Leela Palace - April
4) Park Hyatt - May
5) Novotel - June
6) Ibis - June
7) Westin - July
8) JW Marriott - November
9) Park Plaza - December

I was told (rumor) that Leela and JW don't have all the necessary clearances from env. ministry. That's the reason management of these hotels want to exit this project.

bonoslack7 · January 30th, 2012, 08:18 PM

Those are false rumours. The reason they want to exit is they don't have money. They are exiting many hotels in India.

coolmukund · January 30th, 2012, 08:58 PM

Quote:

Originally Posted by bonoslack7

WOW!!! Looks "Grand".

BTW, who are those 3??

karkal · January 30th, 2012, 09:08 PM

Quote:

Originally Posted by bonoslack7

Those are false rumours. The reason they want to exit is they don't have money. They are exiting many hotels in India.

Its hard to believe that they want to exit purely for monetary purposes. B'cos we are not talking about some ordinary hotel properties. There are the most premium beach properties you'll ever get in Chennai. If they move out of it, they will rue their decision for next 99 years (I think that's how much they have lease for on this property).

bonoslack7 · January 30th, 2012, 09:45 PM

Quote:

Originally Posted by coolmukund

WOW!!! Looks "Grand".

BTW, who are those 3??

physio, trainer and manager of csk. anirudha srikanth's marriage took place yesterday.

Indian Sun · January 30th, 2012, 10:52 PM

Quote:

Originally Posted by coolmukund

WOW!!! Looks "Grand".

BTW, who are those 3??

CSK Team Staff I believe.

bonoslack7 · January 31st, 2012, 06:15 AM

bonoslack7 · January 31st, 2012, 06:16 AM

***kannan infratech*** · January 31st, 2012, 10:00 AM

Quote:

Originally Posted by karkal

I was told (rumor) that Leela and JW don't have all the necessary clearances from env. ministry. That's the reason management of these hotels want to exit this project.

The Hotel Industry fears over supply in many Indian cities. The funding for projects also has dwindled. The cost escalation over the last few years is very high and ROI is really affected. Project delay has added to the misery.

It is prudent to exit early than after accumulating bigger loss.

They need average 60+% occupancy rate to break even.

bonoslack7 · January 31st, 2012, 06:05 PM

http://www.thehindubusinessline.com/...ry-and-economy

Thanks to the Leather Fair, city hotels are sold out for the entire week. “It’s really very heartening. Unlike in the last three years, this time almost all four and five star hotels in the city are sold out. Even the new additions to the city hotel rooms during the year are absorbed,” said the General Manager of a luxury hotel in the city.

There are about 3,000 star-rated hotel rooms in the city, including the 250 rooms added by Hyatt Regency a few months ago.

Usually, every year during this time when the Fair happens in the city, hotel rooms get sold out. But beginning 2008, though occupancy rates went up, no hotel was sold out. “This time, surprisingly rates also got better. It seems, we are back in business,” says the head of another leading hotel.

The 27th edition of India International Leather Fair was launched here today. The annual flagship event of the leather industry is the largest fair in Asia with participants from 19 countries and the domestic industry showcasing leather products and equipment. And the fair will go on till February 3.

madrasi7777 · February 7th, 2012, 03:13 PM

The people in the govt must build a convention centre in Chennai. A good international standard convention centre is very good for any city.

bonoslack7 · February 8th, 2012, 01:46 PM

Lobby

Escalator

Hallway

Lounge

Flower setup at Lobby

House Phone

Restaurants

Nutmeg

Cafe Mercara

The Madras Pavilion

Rooms

Towers room

Rajendra - Meeting space

chennaidesi · February 8th, 2012, 01:56 PM

ITC Grand Chola is a fitting tribute to great Chola names.

sanjaysan · February 8th, 2012, 02:57 PM

Wow..! looks awesome..

indiatraveller · February 8th, 2012, 03:05 PM

Impressive!!! Are they opening it in phases or is the entire hotel open?

bonoslack7 · February 8th, 2012, 03:46 PM

Only 3 restaurants are open now. Some rooms, spa and 7 other restaurants are supposed to open by August.

sidney_jec · February 8th, 2012, 06:59 PM

Great pics. but frankly speaking am a tad underwhelmed by somewhat bland interiors. is it just me??

San07 · February 8th, 2012, 07:47 PM

Thank you for sharing the pictures, ITC Chola Looks Amazing...

Regards,
San07

January 30th, 2012, 05:48 PM	#1042
bonoslack7 Registered User Join Date: Nov 2008 Location: Paramathi Velur Posts: 3,963 Likes (Received): 14	ITC Grand Chola - Lobby

January 31st, 2012, 06:15 AM	#1049
bonoslack7 Registered User Join Date: Nov 2008 Location: Paramathi Velur Posts: 3,963 Likes (Received): 14	Hotel Occupancy Trend

January 31st, 2012, 06:16 AM	#1050
bonoslack7 Registered User Join Date: Nov 2008 Location: Paramathi Velur Posts: 3,963 Likes (Received): 14	Hotel ARR Trend

January 31st, 2012, 06:05 PM	#1052
bonoslack7 Registered User Join Date: Nov 2008 Location: Paramathi Velur Posts: 3,963 Likes (Received): 14	Chennai hotels sold out for the week http://www.thehindubusinessline.com/...ry-and-economy Thanks to the Leather Fair, city hotels are sold out for the entire week. “It’s really very heartening. Unlike in the last three years, this time almost all four and five star hotels in the city are sold out. Even the new additions to the city hotel rooms during the year are absorbed,” said the General Manager of a luxury hotel in the city. There are about 3,000 star-rated hotel rooms in the city, including the 250 rooms added by Hyatt Regency a few months ago. Usually, every year during this time when the Fair happens in the city, hotel rooms get sold out. But beginning 2008, though occupancy rates went up, no hotel was sold out. “This time, surprisingly rates also got better. It seems, we are back in business,” says the head of another leading hotel. The 27th edition of India International Leather Fair was launched here today. The annual flagship event of the leather industry is the largest fair in Asia with participants from 19 countries and the domestic industry showcasing leather products and equipment. And the fair will go on till February 3.

February 8th, 2012, 01:46 PM	#1054
bonoslack7 Registered User Join Date: Nov 2008 Location: Paramathi Velur Posts: 3,963 Likes (Received): 14	ITC Grand Chola Lobby Escalator Hallway Lounge Flower setup at Lobby House Phone Restaurants Nutmeg Cafe Mercara The Madras Pavilion Rooms Towers room Rajendra - Meeting space

January 30th, 2012, 03:17 PM	#1041
satishanu Registered User Join Date: Jun 2008 Location: Jacksonville, FL Posts: 2,741 Likes (Received): 168	Yes, very impressive list. I guess Chennai has major international brands opening up this year.

January 30th, 2012, 08:18 PM	#1044
bonoslack7 Registered User Join Date: Nov 2008 Location: Paramathi Velur Posts: 3,963 Likes (Received): 14	Those are false rumours. The reason they want to exit is they don't have money. They are exiting many hotels in India.

February 7th, 2012, 03:13 PM	#1053
madrasi7777 Registered User Join Date: Mar 2010 Location: Chennai Posts: 781 Likes (Received): 94	The people in the govt must build a convention centre in Chennai. A good international standard convention centre is very good for any city.

February 8th, 2012, 01:56 PM	#1055
chennaidesi Registered User Join Date: Apr 2008 Location: Philadelphia/Chennai Posts: 2,640 Likes (Received): 66	ITC Grand Chola is a fitting tribute to great Chola names.

February 8th, 2012, 02:57 PM	#1056
sanjaysan Registered User Join Date: Jan 2012 Location: chennai Posts: 109 Likes (Received): 0	Wow..! looks awesome..

February 8th, 2012, 03:05 PM	#1057
indiatraveller Registered User Join Date: Aug 2009 Location: Chennai 600028 Posts: 259 Likes (Received): 18	Impressive!!! Are they opening it in phases or is the entire hotel open?

February 8th, 2012, 03:46 PM	#1058
bonoslack7 Registered User Join Date: Nov 2008 Location: Paramathi Velur Posts: 3,963 Likes (Received): 14	Only 3 restaurants are open now. Some rooms, spa and 7 other restaurants are supposed to open by August.

February 8th, 2012, 06:59 PM	#1059
sidney_jec Complex Equation Join Date: Jun 2005 Posts: 6,246	Great pics. but frankly speaking am a tad underwhelmed by somewhat bland interiors. is it just me?? __________________ *Everything that can be done, either by Man or God, has been done in India - Mark Twain* myIncredibleIndia \| flickr \| Sids Photography \| Will you fight a monkey?

February 8th, 2012, 07:47 PM	#1060
San07 Registered User Join Date: Nov 2010 Posts: 18 Likes (Received): 0	Thank you for sharing the pictures, ITC Chola Looks Amazing... Regards, San07

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