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Home » Business » Page 284

Business

Hotel investors in Asia pivoting towards debt financing to bolster cash flows: JLL report
Posted inBusiness

Hotel investors in Asia pivoting towards debt financing to bolster cash flows: JLL report

by bondMay 6, 2020November 22, 2021

The impact of COVID-19 on the hospitality industry across Asia continues to be significant, with many hotels and investors witnessing an unparalleled cash crunch as significantly constrained revenues struggle to offset fixed costs.

Radisson Hotel Group announces its hygiene and safety protocols
Posted inBusiness

Radisson Hotel Group announces its hygiene and safety protocols

by bondMay 6, 2020November 22, 2021

These enhanced protocols, operational guidance and comprehensive health and safety procedures validated by SGS, will be adapted based on local requirements and recommendations, to ensure guests’ safety and peace of mind from check-in to check-out

Apeejay Surrendra Park Hotels rolls out a host of e-initiatives to keep its employees engaged
Posted inBusiness

Apeejay Surrendra Park Hotels rolls out a host of e-initiatives to keep its employees engaged

by bondMay 6, 2020November 22, 2021

The employees working from home are being up-skilled with online and e-learning modules being conducted by in-house training managers, faculties from Apeejay Institute of Hospitality (AIH) as well as outsourced faculties

Arun Raju, VP & Head of Projects, InterGlobe Hotels shares his view on how the post-COVID world will deal with issues of material supply
Posted inBusiness

Arun Raju, VP & Head of Projects, InterGlobe Hotels shares his view on how the post-COVID world will deal with issues of material supply

by bondMay 6, 2020November 22, 2021

Most hospitality groups would move to a one-stop solution, under which a hotel company will not engage with multiple vendors

IHG’s newly signed Crowne Plaza Lucknow to open in late 2024
Posted inBusiness

IHG’s newly signed Crowne Plaza Lucknow to open in late 2024

by bondMay 5, 2020November 22, 2021

The hotel will be directly accessible from the Lucknow-Sultanpur road, the newly developing areas next to Shahid Path, as well as the new cricket stadium

Big relief for Kerala’s tourism sector, as the Govt waivers fixed electricity charges for six months
Posted inBusiness

Big relief for Kerala’s tourism sector, as the Govt waivers fixed electricity charges for six months

by bondMay 5, 2020November 22, 2021

The announcement comes in the wake of the tourism industry’s appeal for various reliefs and also a revival package as entrepreneurs and employees in the sector are facing a worst-ever crisis

Airlines likely to be smaller post-COVID: GlobalData
Posted inBusiness

Airlines likely to be smaller post-COVID: GlobalData

by bondMay 5, 2020November 22, 2021

All major airlines are analyzing their operations in a bid to survive as they burn through cash at an alarming rate

No layoffs and salary cut for Dusit Thani Maldives resort employees
Posted inBusiness

No layoffs and salary cut for Dusit Thani Maldives resort employees

by bondMay 5, 2020November 22, 2021

The travel ban imposed by the government has resulted in no international flight flying into the country since March 27th

Exclusive Interview with Puneet Chhatwal, MD & CEO, IHCL
Posted inBusiness

Exclusive Interview with Puneet Chhatwal, MD & CEO, IHCL

by bondMay 5, 2020November 22, 2021

Puneet Chhatwal gets candid about the impact of COVID-19 on the industry, the role that domestic tourism will play in revival, and lessons learnt

Hotel owners shed light on the requirements that will help them  bounce back post-COVID
Posted inBusiness

Hotel owners shed light on the requirements that will help them bounce back post-COVID

by bondMay 4, 2020November 22, 2021

The post-COVID scenario may see the owner-operator relationship turn a lot more fraught at a time when hotel occupancy and average daily rates are likely to suffer from continuing travel restrictions, even after the lockdown opens

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