Knowledge Centre: Hospitality Business Insights

RECENT INSIGHTS

Why Resorts Make Commercial Sense

by Saurabh Gupta | Aug 1, 2018 | Hotel Development, Hotel Finance, Travel & Tourism

Will the next few years belong to resorts in leisure destinations or to big city hotels that are driven primarily by commercial demand? Should investors focus on resorts or on business hotels? In an evolving hotel industry such as India’s, such questions do not have...

Testing the Hotel Operator’s Abilities

by Manav Thadani and Juie Mobar | Jul 10, 2018 | Hotel Development, Hotel Operations

For long, hotel owners have been trying to find ways to safeguard their investments and interests during negotiation of management contracts with potential operators…

Price Wars – Impact and Value

by Jasmita Banga | Jun 6, 2018 | Hotel Operations, Travel & Tourism

The emergence of competitors in a market alters the playing field from time to time and hotels, in an attempt to retain or gain market share, employ various competitive strategies. When faced with intense competition, the easiest one they tend to succumb to, unfortunately, is the ‘price war’.

Kolkata | Bengal means Business

by Gautam Tyagi | Jun 6, 2018 | Hotel Operations, Market Snapshots

Kolkata, once the capital of British India, is currently in the process of re-inventing itself. Years of political flux held back both the city and its state in terms of commercial and infrastructural development; however, over the last decade, Kolkata has witnessed gradual progress, slowly driving it in…

Has Incredible India Lost its Incredible Hotels?

by Manav Thadani | May 15, 2018 | Hotel Development, Hotel Operations, Travel & Tourism

During the exclusive ‘owners-only’ meet at the recently concluded HICSA in Mumbai, there was an interesting discussion on the type of branded hotels entering the market today across positioning. Everyone agreed that too…

COST vs PRICE vs VALUE

by Achin Khanna | May 15, 2018 | Hotel Development, Hotel Finance

Frequently confused, often used interchangeably and seldom understood – The cost, price and value of a hotel are not the same thing! It is rather surprising that industry stakeholders routinely seem to obfuscate these distinct terms and their implications on the worth of an asset.

Empathy at Work, and Why is it Important

by Aaina Arora | May 15, 2018 | Hotel Operations

In the course of our careers, we develop unique relationships with several people from different walks of life. Some turn out to be mutually rewarding; others don’t. Think of the joy you feel and share with some of your colleagues when you achieve something, and the motivation you look for when…

Dr. A.B. Kerkar Honored with Lifetime Achievement Award at HICSA 2017

Dr. A.B. Kerkar is regarded as one of the most dynamic personalities of Indian hospitality, a man who single-handedly created a conglomerate from a single entity and put India’s hotel industry on the world map. At the 13th edition of Hotel Investment Conference – South Asia (HICSA), the charismatic Ajit Kerkar -erstwhile MD and Chairman of the Taj Group of hotels, received what many believe is a long overdue and richly deserved Lifetime Achievement award. The HICSA Lifetime Achievement Award is presented to an individual who has made an outstanding contribution to the hospitality industry.

Restaurant Investment Trends with Soho Hospitality’s Rohit Sachdev

Groceries behaving like restaurants. Taxi services delivering food. Logistics and delivery landscapes transformed by food tech. Today’s restaurant is competing in a very complex world. How are customer choices widening as a result of enabling technologies? What are the implications on customer behaviors – particularly the choice of where to allocate their F&B budgets? Find out what Rohit Sachdev, Managing Director, Soho Hospitality has to say.