US gambling giant Las Vegas Sands has scrapped plans to raise $5US.25 billion in loans for its expansion in Macau - including funding for a hotel resort complex - due to the credit crunch and a weak appetite among lenders amid the market turmoil, sources said.
"Right now it is a pulled deal. It will come back when they Click here to readmore>
NEWS| Intl| Credit crisis hits Sands'Macau resort plan; Project on hold as $5US.25b loan halted
NEWS| Intl| Walt Disney Parks & Resorts' first stand-alone hotel and time-share
The expansive resort, projected to open in Click here to readmore
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FnB| UB Group launches Bouchard wines in India
Vijay Mallya-promoted UB Group on Friday announced the launch of Bouchard Aine and Fils selection of wines in the country.
Bouchard Aine and Fil wines are produced by Bosset group, which is based in the Burgundy region of France.
The wines will be made available through Click here to readmore>
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Bangalore-based hospitality firm Phoenix Group Global on Friday said it has earmarked an investment of Rs 450 crore to build its branded luxury hotels and resorts.
The first 5-star hotel under the Zuri brand will come up in Click here to readmore>
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So Far in October....
- NEWS| Intl| Le Meridien Signs Two Hotels In China
- VIDEO| Unusual Hotels of the World 2008
- NEWS| Trends| Lanting Hotel Group Launches Hotel/H...
- NEWS| Intl| IHG Introduces All New Hotel Brand to ...
- HOSPEMAG MEMBER UPDATE| Corinthains Member Nite
- TRENDS| Hospitality industry to go slow on hiring
- TRENDS| Budget hotels to grow the UK hospitality i...
- NEWS| Intl| Hospitality Management plans 4,000 add...
- NEWS| RNA Corp mulls Rs 2,000-cr investment in hos...
- JOBS| KOTHARI RESORTS, MAHARAJA FARMS & HOTEL MAHA...
- TECH| Services on IPOD & ITOUCH for all Guests
- JOBS| Intl| FnB| Dubai| Waiter
- NEWS| TECH| Now Find, Book, Seek, Search, Map Inte...
- KUDOS| Arun Arora
- IDEAS| Here's a Package for TO save the Day!
- JOBS| Intl| At Atlantis, The Palm Dubai
- NEW HOTELS| ATLANTIS, The Palm, Dubai
- NEWS| New wine policy in Karnataka to boost wine i...
- JOBS| All Departments, All Levels
- KUDOS Dune Village!
- Discussion| Does Your Hotel/Company/Unit/Restauran...
- NEWS| Peerless Inn dishes out special food platter...
- TECH| TRENDS| Creating the ideal hotel for today’s...
- INTL| U.S. hotels to bottom out in 2009
- NEWS| Sheraton debuts lobby tech
- NEWS| M P Purushothaman appointed as FHRAI Preside...
- NEWS| Taj Group plans to set up five star hotels i...
- EDUCATION| IGNOU hospitality school | School of To...
- FINANCIALS| Marriott International Reports Third Q...
- NEW HOTELS| INtl| Four Seasons Resort Mauritius at...
- FnB| Can your customers pay online?
- JOBS| KIT| CDP for continental kitchen
- JOBS| HK| House Keeping Executive
- JOBS| FO| Assistant Front Office Manager
- HOTELS| Grosvenor House, A JW Marriott Hotel, Lond...
- NEWS| Intl| IHG Launches Holiday Inn Timeshare Bra...
- NEWS| Intl| First Address Opens At Burj Dubai
- NEWS| Intl| Hilton To Quadruple Caribbean, Latin A...
- NEWS| NO SMOKING in public places including Hotels...
- NEWS| Goyal to sell 10% in Jet Airways
- NEWS| IATA releases international traffic data - T...
NEWS| Intl| Le Meridien Signs Two Hotels In China
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Le Méridien continues its expansion in Asia Pacific, announcing an agreement with Wanda Group to open two new properties in China, one in Qingdao and one in Chongqing.
Scheduled to open in Click here to readmore> Click here to readmore>
NEWS| Intl| IHG Introduces All New Hotel Brand to Asia Pacific – Hotel Indigo
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IHG's Fifth Brand in the Region Offers Unique Hotel and Ever-Changing "Collectable" Experience
Leading hotel group IHG (InterContinental Hotels Group) launched its fast growing lifestyle Hotel Indigo® brand to the Asia Pacific region. The brand is set to excite upscale travellers looking for something beyond traditional hotel offerings.
Hotel Indigo will be Click here to readmore>
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NEWS| Jet asks retrenched staff to resume duties
So the laid off stay has been asked to come back.
Dad, Naresh Goyal made a compassionate plea for the family to join together in times of crises.
Most staff will have to take a 20% or more pay cut.
According to priyanka, a jet employee, she would only be too happy to take the pay cut. As she puts it, she will support the company, as the company is supporting her.
What do you think?
1. Was it political pressure that made Jet retract ?
2. Was it a ploy? Employees now seem to be happy with a pay cut. If they announced only pay cuts earlier, maybe the protests would be for that.
3. Will the employees ever feel safe again?
4. Do you think they will be asked to leave again in the near future, but this time the company will handle it better?
Let me know what you think.
NEWS| Intl| Hospitality Management plans 4,000 additional rooms
Hospitality Management Holdings, the UAE-based hotel management company, has announced 35 new projects, across the Middle East and North, South and East Africa, which will bring 4,000 additional rooms to their portfolio.
The value of HMH projects currently under development is estimated at over Click here to readmore>
NEWS| TECH| Now Find, Book, Seek, Search, Map Intercon Hotels
Using Google Earthtechnology, Intercontinental Hotels Group’s guests can plan and book their travel anywhere in the world in just a few simple clicks. visit earth.ihg.com
Google Earth was a tool begging to be exploited. Thankfully someone has.
I never understood, why none of the leading chains put up their maps/directions using Google Earth. Even today most have written directions or worse no directions as at all.
The Taj Hotels website tajhotels.com has a map that is not to scale & really I've been to Delhi, that map is dificult.
The Oberoi Hotels website oberoihotels.com doesnt have maps. Check out Cecil shimla instructions at http://www.thececil.com/en-US/Hotel/TG_LocationAccess.aspx
Is your hotel using it? Let me know.
Search for Jobs with Intercontinental Hotels in Costa Rica> Click here to readmore>
INTL| U.S. hotels to bottom out in 2009
A new study by PKF Hospitality Research reveals that demand for U.S. hotel rooms will contract for the next two years. Compounding the negative impact of declining demand is a projected concurrent increase in supply.
PKF Hospitality Research (PKF-HR) is forecasting Click here to readmore>
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NEWS| Sheraton debuts lobby tech
Sheraton officially launched a new lobby lounge that provides wireless Internet and computers for guest use as. The upgraded lobby now stands in about 100 of Sheraton's properties and is expected to be in 300 hotels worldwide by the end of this year.Starwood Hotels & Resorts’ Sheraton brand this month officially launched a new lobby lounge that provides Click here to readmore>
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NEWS| M P Purushothaman appointed as FHRAI President for 2008-09
M P Purushothaman, Chairman, Empee Group has been appointed as the President of the Federation of Hotels and Restaurants Association of India (FHRAI) for the 2008-09 term.
He was appointed to this post at the association meeting on September 27, 2008. He will take charge as President at the 44th FHRAI Annual Convention to be held in Shanghai, China from October 12 to 14, 2008.
NEWS| Taj Group plans to set up five star hotels in Bahrain
(MENAFN - Bahrain Tribune) Indian hospitality major, Taj Hotels, Resorts and Palaces, part of Indian Hotels Company Limited (IHCL), plans to launch two five star hotels in the Kingdom under a management contract.
As part of its West Asia expansion, the company has formed a Joint Venture with a real estate developer to work on the two properties. The contract does not involve Click here to readmore> Click here to readmore>
EDUCATION| IGNOU hospitality school | School of Tourism and Hospitality Service Sectoral Management (SOTHSSM)
Indira Gandhi National Open University (IGNOU) and the India branch (at Mumbai) of Orlando-based American Hotel & Lodging Educational Institute (AH&LEI) recently tied up to start a 'School of Tourism and Hospitality Service Sectoral Management (SOTHSSM)'.
Apart from Tourism, the school will develop Click here to readmore>
FINANCIALS| Marriott International Reports Third Quarter Results
Worldwide comparable company-operated revenue per available room (REVPAR) rose 3.4 percent (1.1 percent using constant dollars) for the third quarter ended September 5, 2008Third Quarter Highlights: Click here to readmore>
NEWS| Intl| Hilton To Quadruple Caribbean, Latin America Portfolio
Hilton Hotels Corporation today announces expansion plans to quadruple its presence in the Caribbean and Latin America by adding 150 new hotels to the portfolio over the next five years. The company also Click here to readmore> NEWS| NO SMOKING in public places including Hotels & Rest
If you are a hotel Click here to readmore> Click here to readmore>
NEWS| IATA releases international traffic data - Traffic slowdown continues
The International Air Transport Association (IATA) released international traffic data for Aug-08 that confirmed a continuing downturn.
International passenger demand growth slowed to Click here to readmore>
NEWS| Goyal to sell 10% in Jet Airways
Jet Airways Chairman Naresh Goyal today said he is in talks with “well-known international funds” to sell up to 10 per cent of his own stake in the company.
“I will be diluting whatever is required to make the balance sheet strong, but I will always keep Click here to readmore>





