2020 was a challenging year for hotel transactions in India, with hotel transactions value in the country contracting by approx. 50% compared to the previous year. The uncertain market conditions and COVID-19 related restrictions suppressed M&A activity during the year as companies adopted a wait-and-watch policy.
This report provides a comparison of hotel room supply and demand generators for 10 key Asian cities across 6 Countries.
Hotels play a key role in creating successful leisure destinations. Good quality hotel supply can go a long way in developing fledgling tourist places into established leisure destinations. Read on to know more.
Rodas, an ECOTEL Hotel, in Mumbai makes sustainability integral to the company’s business strategy. The article focuses on the strategies used by the Hotel towards conservation of resources and reduction in landfill waste with concomitant savings.
The Meluha, an ECOTEL Hotel, in Mumbai makes sustainability integral to the company's business strategy. The article focuses on the strategies used by the hotel for conservation of resources and reduction in landfill waste with concomitant savings.
Women are in the minority at the highest levels of executive leadership – a phenomenon we see in every industry around the globe. HVS Executive Search explores this subject with Jim Abrahamson, Chief Executive Officer, Interstate Hotels & Resorts.
ECOTEL’s metamorphoses into a more inclusive and interactive certification, involving owners, guests, employees and the community. We see the practicality of going green through a case study analyzing Rodas, an ECOTEL, located in Mumbai, INDIA.
2009 has been a difficult year for the Indian hotel industry; hurt by the worst-ever economic crisis and the unfortunate terror strike on Mumbai, the industry was brought to a grinding halt. This article seeks to ‘look back’ at the year gone by.
This article articulates a framework for recovery of the tourism industry from the shadow of terrorism through a three-pronged strategy: safety, image change and domestic tourism promotion.
In the aftermath of the carnage in Mumbai, there are critical lessons to be learned. This article advocates for a disaster management plan to be consciously integrated into the Indian Hospitality industry.