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Indian Hotels Company

The Indian Hotels Company (IHC) is the parent company of Taj Hotels Resorts and Palaces. It was founded by Jamsetji N. Tata on December16, 1903. Currently the Taj Hotels Resorts and Palaces comprises 57 hotels at 40 locations across India. Additional 18 hotels are also being operated around the globe. During fiscal year 2006, the … Continue reading Indian Hotels Company

Radisson Hotels & Resorts

Radisson Hotels & Resorts: Radisson hotels are a worldwide chain of 435 hotels with a total of 102,000 guest rooms, in 61 countries. The first Radisson Hotel was built in 1909 and was purchased by Curt Carlson in 1962 and is still owned by his Carlson Companies. Radisson Hotels International is a fully owned subsidiary … Continue reading Radisson Hotels & Resorts

The Oberoi Group (EIH)

The Oberoi Group was founded in 1934 by Late Rai Bahadur M S Oberoi. The group owns and/or manages 32 hotels with 3,193 rooms under names of “Oberoi Hotels & Resorts” and “Trident Hilton”, a luxury backwater cruiser in Kerala and Oberoi Flight Services, a division of EIH that provides commercial in-flight catering and operates … Continue reading The Oberoi Group (EIH)

Hotel Leela Venture Ltd.

The Leela palaces and resorts include a chain of five star luxury hotels and resorts. It was founded by Capt. C P Krishnan Nair in 1957. The Company’s properties include The Leela Kempinski Mumbai, The Leela Palace Goa, The Leela Kempinski Kovalam Beach Kerala and The Leela Palace Kempinski Bangalore. The Leela properties will also … Continue reading Hotel Leela Venture Ltd.

ITDC Hotels

ITDC came into existence in October 1966 for the promotion of tourism in India. The hotel portfolio of ITDC includes 33 hotels across India. Some of them are: Hotel Ashok at Delhi Ashok Yatri Niwas Bharatpur Forest Lodge Khajuraho Ashok Temple Bay Ashok Beach Resort at Mamallapuram Hotel Qutub at Delhi The Corporation is running … Continue reading ITDC Hotels

ITC Hotels Limited

ITC was founded on August 24, 1910 in Kolkata. ITC’s hotel business operates over 60 hotels across more than 50 destinations in India. MANAGEMENT: (Hotel Division) Chairman: Mr.Yogesh C Deveshwar Divisional Chief Executive: Mr. Nakul Anand Executive, Vice President(Operations): Mr. Pawan Kumar Verma Sr. Executive-VP(Projects, Growth & Development): Mr. S C Shekhar VP, Sales & … Continue reading ITC Hotels Limited

Hospitality Industry – Top Players

The major players in the Indian hotel industry can be broadly classified into private players and public players. The major private players include Indian Hotels Company limited, East India Hotels Limited (The Oberoi group), Asian Hotels and ITC Hotels. ITDC and Hotel Corporation of India are the major public sector players.

Hotel Corporation of India

The Hotel Corporation of India Limited is a public limited company wholly owned by Air India Limited and was incorporated on 8 July,1971 for providing in-flight catering services to the national carriers and for operating a chain of hotels, particularly near the airports. The company has a total of 3923 employees and its net worth … Continue reading Hotel Corporation of India

Asian Hotels Limited

It is engaged in the business of setting up and operating hotels. Asian Hotels Ltd. owns the Hyatt Regency Hotel in New Delhi and another hotel in Srinagar. There are 215 Hyatt hotels and resorts in 43 countries around the world, operating under the Hyatt, Hyatt Regency, Grand Hyatt and Park Hyatt brands. The market … Continue reading Asian Hotels Limited

Scope Of Hospitality Sector

In 2003-04 the hospitality industry contributed only 2% of the GDP. However, it is projected to grow at a rate of 8.8% between 2007-16, which would place India as the second-fastest growing tourism market in the world. This year the number of tourists visiting India is estimated to have touched the figure of 4.4 million. … Continue reading Scope Of Hospitality Sector

Recent Developments

Four new hotels in Bangalore: Taj Group invests Rs.1,000 crore The Taj Group of Hotels will invest about Rs 1,000 crore for constructing four new hotels in Bangalore. It has submitted an Expression of Interest to Delhi Airport International Limited (DAIL). The company has also submitted an Expression of Interest for building a top-class hotel … Continue reading Recent Developments

Trends In Hospitality Sector

Trends that will shape the future of hospitality sector are: 1. Low Cost Carriers 2. Budget Hotels 3. Service Apartments 4. Technology 5. Loyalty Travel 1. Low cost carriers: Travelers in general are more price sensitive to airfare than they are to hotel room rates. Often a low airfare will stimulate demand for travel even … Continue reading Trends In Hospitality Sector

SWOT Analysis

Strengths Hospitality Industry in India 1. Natural and cultural diversity : India has a rich cultural heritage. The “unity in diversity” tag attracts most tourists. The coastlines, sunny beaches, backwaters of Kerala, snow capped Himalayas and the quiescent lakes are incredible. 2. Demand-supply gap : Indian hotel industry is facing a mismatch between the demand … Continue reading SWOT Analysis

Sector Outlook

Hotel industry depends largely upon the foreign tourist arrivals further classified into business travelers (around 65% of the total foreign tourists) and leisure travelers. The following figures show that business as well as the leisure travelers (both domestic and international) formed major clientele for hotels in 2004. Over the last two years, the hotel industry … Continue reading Sector Outlook

Overview Of Hospitality Industry

Hospitality is about serving the guests to provide them with “feel-good-effect”. “Athithi devo bhavha” (Guest is God) has been one of central tenets of Indian culture since times immemorial. In India, the guest is treated with utmost warmth and respect and is provided the best services. Today hospitality sector is one of the fastest growing … Continue reading Overview Of Hospitality Industry

The Travel & Tourism Industry

The tourism industry has two major aspects: 1.Tourism 2. Travel Tourism includes various types, like medical tourism, health tourism, spiritual tourism and rural tourism. The travel segment includes various tour operators and other travel agencies. There are a number or emerging dimensions of tourism. These include: 1. Medical Tourism: Indian tourism is aiming to promote … Continue reading The Travel & Tourism Industry

Hotel Industry

The hotel industry can be further categorized into three segments: hotels, restaurants and contract caterers. HOTELS The hotels in India can be broadly classified into the following segments: 1.Star rated hotels 2.Heritage hotels 3.Budget hotels 4.Unclassified hotels Star Rated Hotels These are mainly situated in the business districts of metro cities and cater to business … Continue reading Hotel Industry

Challenges in Hospitality Industry

1. Shortage of skilled employees: One of the greatest challenges plaguing the hospitality industry is the unavailability of quality workforce in different skill levels. The hospitality industry has failed to retain good professionals. 2. Retaining quality workforce: Retention of the workforce through training and development in the hotel industry is a problem and attrition levels … Continue reading Challenges in Hospitality Industry

Hospitality Industry

Hospitality is all about offering warmth to someone who looks for help at a strange or unfriendly place. It refers to the process of receiving and entertaining a guest with goodwill. Helped With unique efforts by government and all other stakeholders, including hotel owners, resort managers, tour and travel operators and employees who work in … Continue reading Hospitality Industry

Careers in Hospitality Industry

The hospitality sector is expected to grow at the rate of 8% between 2007 and 2016. The boom in tourism industry has led to the enhanced development of hospitality sector. Due to the immense demand of talented people, the hospitality sector offers great careers in top-notch hotels. Various diploma and degree courses are being offered … Continue reading Careers in Hospitality Industry