Latest hospitality news coming from Roseate Hotels & Resorts – Roseate Hotels and Resorts will be constructing a hotel at Noida International Airport, the new greenfield airport in Delhi NCR, which will provide travelers and visitors with comfort, ease, and a sustainable experience. 

Roseate Hotels & Resorts, owned by Bird Group, have been chosen for their dedication to outstanding customer service, sustainability, digital innovation, and for bringing a new level of hospitality to the table. This hotel will introduce a revolutionary idea that incorporates intelligent technology like smartphone access and amenities tailored to the needs of international leisure and business travelers. 

India’s biggest wedding ceremony is going to happen on July 12, 2024. 

Weddings play a significant role in the Indian economy, and when such events involve the richest families like Ambani’s, the whole world has its eyes on them.

Reports indicate that Mukesh Ambani spent nearly 1259 crore on the pre-wedding festivities of his youngest son, Anant Ambani, and his fiancée, Radhika Merchant.

Jefferies, an investment banking and capital market firm, estimated that Indians spend nearly twice the money on weddings as they would on education.

As the wedding celebration is in full swing, the hoteliers in the Bandra Kurla complex have increased their hotel prices.

Usually, a hotel charges around Rs 13,000 for one night’s stay. Now hoteliers are charging Rs 91,350 for the same room for one night.

A report from the Economic Times states that almost all the hotels are booked up this month from July 11-12, including ITC Grand Central, Oberoi Mumbai, Holiday Inn, Taj the Tree, etc. 

The hoteliers increased their room prices because they understood the nature of the wedding and the guests Ambani had invited to make this grand celebration a memorable event.

The upcoming ICC Men's Cricket World Cup 2023 to be hosted in India from October 5 to November 19 is expected to have a major positive impact on the hotel industry. The tournament will be held across 10 cities: Ahmedabad, Bengaluru, Chennai, Delhi, Dharamshala, Hyderabad, Kolkata, Lucknow, Mumbai and Pune.

What does the world cup mean for hospitality? What hotels are expecting from this event and how is it going to impact them? We will be covering all these points in this article. So, let’s get started. 

High Occupancy Levels Expected

Hoteliers expect 95% occupancy levels during the ODI World Cup tournament. Around 90% of rooms are already sold out for key match days like India Vs. Pakistan and room rates are also soaring, especially for hotels located near the stadiums.

India-Pakistan Match is the Big Draw

The India-Pakistan match is a star attraction and hotels in Ahmedabad, where the match will be played on October 15, are already sold out. Room rates are 20 times higher for the India-Pakistan match in hotels like Lemon Tree in Ahmedabad with rooms going for over Rs. 59,000 compared with Rs.4000 on September 28.

Hotels in Cities Where India is Playing Have Seen Greater Growth

In this time of hiring and firing, another big news coming from the Softbank-backed Indian hotel aggregator OYO Hotels and Home Pvt. Ltd. Company notified on Saturday (3^rd December 2022) that it's going to cut 600 jobs in its corporate and technology departments while hiring 250 people in the sales team at the same time.

The company said that product and engineering teams are being merged to allow for smoother operation, and that downsizing in tech is also taking place in teams that were developing pilots and proof of concepts such as in-app gaming, social content curation, and patron-facilitated content.

In the second quarter of the fiscal year, the company reported a net loss of 3.33 billion Indian rupees (USD 40.90 million), compared to a loss of 4.14 billion rupees in the first quarter. The fiscal year of the company runs from April 1 to March 31.

Oyo initially filed for IPO (Initial Public Offering) in October 2021, but the plan has been postponed due to market conditions (interest rate hikes, Russia-Ukraine War etc.).

“We will do everything we can to ensure that the majority of the people we have to let go are gainfully employed,” CEO Ritesh Agarwal said.

In light of the significant surge in demand for Indian visas in recent months, the Indian High Commission in London stated on Monday that the electronic visa (e-visa) would once again be available to travelers from UK.

Officials confirmed that travelers can begin applying for e-visas to India this week and added that the Indian visa website would soon be receiving applications for e-visas following a system upgrade.

“Today’s main announcement is that we’re resuming the rollout of e-visas. Friends from the UK should be able to visit India much more simply as a result.” Doraiswami announced in a video posted on Twitter.

In response to the Indian High Commissioner's Twitter announcement, the news was warmly received and described as “fantastic” and “amazing”. E-Visas were among the topics that Prime Minister Modi and his British counterpart, Rishi Sunak, discussed when they met last month on the sidelines of the G20 Summit in Indonesia, it had been revealed in the UK Parliament.

The long-awaited move comes after several initiatives to improve Indian visa processing facilities were made, including the opening of a news Indian Visa center in central London and the launch of the Visa at your Doorstep (VAYD) service to meet the high demand for travel to India from the UK following the pandemic.

VFS Global, the outsourcing and technology services provider for governments and diplomatic missions, runs the new Indian Visa Application Center (IVAC) at Marylebone. This has facilitated a more streamlined procedure for group tourism or those traveling in a group, typically via a travel agency to the same destination using the same flights.

Sarovar Hotels and Resorts hits century in terms of number of hotels. 

Sarovar Hotels Pvt. Ltd. opens Lagoon Sarovar Premiere, Pondicherry which is spread across 33-acres of land nestled on the banks of Chunnambar Backwaters. 

Over 67 locations in India and Africa are served by Sarovar Hotels, a pioneer in the mid-market area with more than 27 years of experience.

The portfolio of Sarovar Hotels & Resorts includes some of the most outstanding hotels that perfectly capture its all-encompassing hospitality experience because it is driven by a strong focus on its purpose, ambition, and intent. 

Reliance Industries Limited (RIL) has tied up with The Oberoi Hotels and Resorts to jointly manage two hotels in India and one in the UK. These properties include the upcoming Anant Vilas Hotel in Mumbai’s Bandra Kurla Complex (BKC), the Stoke Park in the UK, and another planned but unnamed project in Gujarat.

The Mumbai Anant Vilas Hotel will be the first Oberoi ‘Vilas’ in a metro, aiming to offer an iconic experience to visitors in the bustling business district.

RIL subsidiary, UK Stoke Park Limited will be assisted by the Oberoi group to upgrade the facilities and offer an unparalleled guest experience. The third under-implementation Gujarat project would aim at expanding the tourism potential in the western state of India.

'Oberoi has an unparalleled track record of providing outstanding customer service in the hospitality industry globally. Oberoi has in their portfolio several palaces and other historic properties that have been enhanced while preserving the character and vision of the historic properties,” said Reliance in a statement on Thursday.

Reliance has been increasingly showing interest in the hospitality sector. Last year it announced acquiring a 73.4% stake in the Mandarin Oriental New York for a whopping $98.1 million and in 2023, it partnered with Oberoi Hotels to co-manage hospitality projects in India and abroad.