The decline includes lower pass-through cost-reimbursement revenues of $55 million in the Company’s hotel management business, which have no impact on adjusted EBITDA
Hotelier India news
Posted inBusiness
Four Seasons launches hybrid meetings
The multi-broadcast, hub and spoke, video conferencing, and gala-to-go offerings allow hosts and planners to create memorable experiences while maintaining guest health and safety
Posted inOperations
Accor names Stephen Alden as CEO of Raffles and Orient Express
Stephen Alden will report directly to Sébastien Bazin, Chairman and CEO, and will become a member of the Group Executive Committee
Posted inBusiness
IATO writes to PM seeking suitable amendments in the operational guidelines of ECLGS
In a scenario like this IATO urges immediate removal of these anomalies and release of Service Export Incentive Scheme (SEIS) as these measures would provide the sector much needed succour.
Posted inBusiness
juSTa Hotels and Resorts announces the opening of juSTa Birding Resort
The opening marks the 12th juSTa Hotels and Resorts branded hotel
Posted inBusiness
Vaccinated travelers from India, Pakistan and Bangladesh will be permitted to enter Seychelles only on these grounds
Only vaccinated visitors from India, Pakistan and Bangladesh who have completed two weeks after their second dose are permitted to travel to and enter Seychelles
Posted inBusiness
THRS announces its expansion in the GCC
Currently for the GCC market, THRS represents Resplendent Ceylon – a trail of luxury resorts in Sri Lanka and Relais & Chateâux – the French brand that celebrates the art of hospitality and cuisine
Posted inBusiness
IHCL opens 108 rooms Vivanta hotel in Thiruvananthapuram, Kerala
With the addition of this hotel, IHCL will have 12 hotels in Kerala, including two under development.
Posted inF&B
The Thief Bar & Kitchen launches their first ever outlet in Nungambakkam, Chennai
The Thief Bar & Kitchen will offer an eclectic bar experience to the elite and exotic side of Chennai
Posted inBusiness
Luxury Escapes hails the government’s decision to open vaccinations to citizens aged 18 years and above
Luxury Escapes hails the government’s decision and is hopeful of a faster travel recovery with popular destinations picking up demand once again by July 2021