ITC-Welcomgroup Hotels, Palaces and Resorts plans to go international with its first five-star property abroad, at Bel Ombre in Mauritius. The project is expected to be complete by..
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Opens in February 2008.
ITC Mughal Agra, the luxury collection of ITC Hotels, is set to launch ‘Kaya Kalp - The Royal Spa’, by the end of February 2008. The spa will be run by Christine Hays, Operations Head, Kaya Kalp aided by her team of national and international therapists.Click here to read full story>
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ITC Hotels is planning to construct three hotels under the 'Fortune' brand name on ITC land. The hotels are likely to come up in Kolkata, Bangalore and Coimbatore at an estimated investment of Rs 120 crore.Click here to read full story>
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Leading five-star hotels in the country are taking their signature restaurants to cities across the country, thanks to their success and popularity.
# Signature restaurants, which are unique concept restaurants in a hotel, contribute 40 per cent to the hotel’s total revenue.
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ITC Ltd., the Indian partner of Starwood Hotels & Resorts Worldwide Inc., plans to expand its brand of cheaper lodgings to 100 to tap demand in smaller towns.
``The rural market is today the buzzword,'' Nakul Anand, chief executive of the hotel division, said in an interview. ``Companies are going to send people who will require accommodation. This business is going to grow.''
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YC Deveshwar's climb to corporate success
The biggest turning point for this entrepreneurial career professional however came in 1984 when he joined ITC's board of directors, taking charge of Welcomgroup (Hotel Division) as its chairman. Building flagship hotels in Delhi and Mumbai, he used his wide social network to make the hotel chain the place for happening people. Today, some of the hotels are run in partnerships with leading international chains (such as Sheraton), others are fully run by ITC, and the branding has changed from Welcomgroup to ITC. Yogi's passion for the hotel chain is evident in the fact that once he got the job, he actually enrolled at USA's Cornell University for the Advanced Training in Hoteliering and Services course.
I found this on a nice little blog, http://reachinspirations.blogspot.com.. read the complete profile there
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>A Little about Anjan Chatterjee - Owner Mainland China and Oh! Calcutta
>IN CONVERSATION -Ashok Khanna, MD, Ananda and Ista.
>Tea & Luxury with PRS 'Biki' Oberoi
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Oberoi group plans new properties
ITC’s luxury hotel
in Bangalore
KOLKATA: Three southern States — Tamil Nadu, Andhra Pradesh and Karnataka — have become attractive destinations for hotel projects and an estimated investment of Rs. 4,000 crore is set to flow into these three States in the next five years.
In fact, the country’s largest hotel is coming up in Chennai, work on which will begin in a month. This is ITC’s first greenfield project in the State, according to Nakul Anand, head of ITC’s hotel business.
Of the Rs. 4,500 crore investment announced by P. R. S. Oberoi of the Oberoi group of hotels and resorts, a significant proportion would be spent on setting up new properties in the South.
Out of the five hotel projects lined up for opening by the group by 2009, three are in the South — two in Bangalore and one in Hyderabad. This would add not only rooms but also serviced-apartments, a relatively new concept which targets the long-stay corporate client.
The ITC group, which is focussing on its hotel business in a big way is setting up a luxury hotel in Bangalore, besides the one in Chennai. The Tatas too have their plans for this region.
An official of the Hotel Association of India, the industry apex body, said that from the tourism point of view, the South had very rich potential and was a popular destination.
According to Mr. Anand, the presence of a metro and two semi-metros like Bangalore and Hyderabad did enhance the lure of the southern region as a good business proposition for hoteliers. “Infrastructure in this region has developed very well, with the IT and the IT-enabled service segments such as call centres, as well as the automobile industry are generating a higher demand for hotel rooms,” he said.
Rs. 1,000 cr. project
Elaborating on the new hotel in Chennai, which will be called ITC Grand Chola, Mr. Anand told The Hindu that this would come up on an eight-acre plot in Guindy on the former Campa Cola land. Construction was expected to start within a month.
“We are trying to better the industry norm of 36 months,” he said. The Rs. 1,000-crore project will have 550-deluxe rooms. The project also encompasses 100 service apartments, retail space, besides conference and exhibition facilities.
This is ITC’s first greenfield hotel project in Chennai from where it started its hotels business in 1975 with the acquisition of the Chola Hotel.
source: The Hindu;Indrani Dutta
This week, ITC and Starwood Hotels will announce a marketing alliance in Delhi.
Under the pact, ITC will bag the right to use the US-based hospitality majors upscale The Luxury Collection brand in some of its properties.
At present, nine of ITCs properties sport the Sheraton tag, also owned by Starwood.It is believed that the properties will use The Luxury Collection tag, that are high on the luxury quotient while the others will continue to use the Sheraton name.
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Among the hotels planned by ITC, 31.7 per cent owned by British American Tobacco Plc, three will be in Bangalore, one in Chennai, one in Ahmedabad and one in Kolkata, Y C Deveshwar told reporters...full story>
In a major decision to strengthen the hospitality business, ITC Ltd has proposed to line up a staggering Rs 8,000 crore in the next seven years to build six super quality hotels including the countrys largest luxury hotel in Chennai.
While three super deluxe luxury hotels have been planned in the garden city of Bangalore, a seven star hotel each in Ahmedabad and Kolkata will be built.
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ITC foods today launched organic spices under its Aashirvaad brand today. The initial offerings include chilli, turmeric and coriander powders under the Aashirvaad Select organic Spices range, which is priced 20% to 25% higher than regular spices available in the market.
Organic farming seeks to provide consumers with food, which is 100% natural
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ITC Hotels today renewed its three-decade-old relationship with US-based Starwood Hotels and Resorts for another 10 years.
ITC also signed an agreement with Starwood to bring The Luxury Collection brand to India. By a franchise agreement, seven hotels of ITC-Welcomgroup would be part of the brand, which has 60 properties across the globe.
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TC Hotels on Thursday announced its 10 year franchise agreement with the US-based Starwood Hotels and Resorts, for re-branding its seven hotels and bringing them under latter's ‘Luxury Collection’, which is the third largest chain in the world.
ITC has been Starwood's partner in India for the last 30 years. The franchisee agreement between the ITC and Starwood Hotels and Resorts had ended in 2005 and since then it has been extended on a temporary basis.
Starwood’s Asia Pacific head, Miguel Ko said that the company will be doubling its 19 properties in India in the next five years and will introduce more brands in the next two years. He added that “India has opened up so much in the last five years given the economic growth that it has attracted more foreign tourists and business travellers and also stimulated more more domestic travel.” ITC’s Maurya Sheraton in New Delhi, Sonar Bangla in Kolkotta, Windsor in Banglore, Kakatiya in Hyderabad, Maratha and Grand Central in Mumbai and Mughal in Agra will come under the luxury collection.
Hospitality major ITC is understood to be exploring options of dropping the Sheraton brand name from nine of its properties across the country and rebranding them as either The Luxury Collection or St Regis. This follows the end of ITC Group’s 30-year exclusive contract with Starwood Hotels & Resorts for the use of the latter’s Sheraton brand in India.
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