Gupta is gung-ho about the investment in The Leela Palaces Resorts and Hotels despite the downturn caused by the pandemic. He holds forth on what it would take to pivot the group, synonymous with Indian luxury, to the top of the hospitality game
Business
Dusit International announces its expansion into India
Dusit is already in talks with other potential owners and is on course to conclude at least four more signings within the next 12 months
FAITH requests Tourism Ministry to address negative travel advisory from the USA on an urgent basis
The United States of America currently has a travel advisory, rated level 4 for India (as on 23rd Aug 2020)
Bengaluru hotel sector performance sees sharpest decline in RevPAR ; slumps by 59% in YTD July 2020 : JLL report
Hotel occupancy sees 53 % decline in YTD July (y-o-y)
Thomas Cook India and SOTC introduces Holiday Card
Significant benefits include 15% extra cashback on holiday packages
Travel & tourism sector witnessed marginal improvement in deal activity during July 2020
Venture financing and mergers and acquisition (M&A) deals announcements increased during the month, while the number of private equity, equity offering, debt offering and partnership deals decreased
Government of Dubai Media Office launches #AskDXBOfficial
This initiative gives the public a chance to ask questions to Dubai’s senior government officials every week
PHD Chamber of Commerce and Industry hosts the 4th edition of National Talent Competition in Tourism & Hospitality sector
18 Teams consisting of Students from 12 Tourism and Hospitality Management Institutes from all over the country took part in the Competition and highlighted strategies towards the recovery of this sector while encouraging new business models, embracing digitalization, and meeting the safety demands of the guests.
O by Tamara launches a special package for intimate wedding – Vivāham
This wedding package has been designed at a special price of INR 1,15,000/-, all-inclusive.
Ministry of Tourism signs an MoU with Travel Agents Association of India (TAAI) & FICCI Ladies Organisation(FLO)
Through this initiative FLO & TAAI would lay emphasis on personal and hospitality skills, a more flexible work balance and greater options for entrepreneurship with significantly lower capital.
