i like this type of informations thank you for all
i will like to know about the kolkata position
Soumya, I am happy to say we have been able to get Kolkata position from a senior hotelier based in Kolkata.
Here is what we were told...
Demand expected to grow by 20% this year and 25% the year after. No new supply in the city until early 2009, when Taj Gateway enters the city (hopefully) with 200 rooms.
The major supply addition will be in East Kolkata, with Marriott ( more, Jobs), Hilton, Taj and Holiday Inn, all coming up in that area.
However, Marriott and Taj have declared these properties will be in the economy range (courtyard by Marriott and Gateway by Taj).
Holiday Inn, would anyways position themselves as an economy hotel. Hence the five star deluxe market will really not see any major increase in Supply, with the big four continuing to be the major players. The Grand Great eastern is scheduled for opening third quarter next year and it remains to be seen how this would impact the city. There’s yet no news of their sales teams hitting the leisure market with rates for next winters.
Posts
i like this type of informations thank you for all
i will like to know about the kolkata position