Are branded residences just an upgraded version of luxury homes? By CEO Atmosphere Living India, Mr. Sandeep Ahuja

The segment of luxury real estate has also undergone a tremendous change. Luxury living in India is evolving at a great pace. Nowadays, most people have branded purses and shoes, and they also spend and invest in the products that opulence takes place. And real estate market is no exception.

That is, luxury housing is no longer merely about owning a grand property in a prestigious location, but about creating an environment that offers unparalleled comfort, privacy, and exclusivity, replete with the latest advances in design, technology, and sustainability.

The Global consultancy Knight Frank's Wealth Report 2024 states that this number will increase to 19,908 ultra-high-net-worth individuals valued at more than US$ 30 million in 2028 from 13,263 in 2023. Sale and resale of luxury assets will be in a growth trend, particularly within the Indian luxury real estate market.

To pace with changing needs, developers are introducing the most contemporary global amenities. The one concept that has driven all of its prospective eyeballs crazy is the branded residency. Under this concept, very luxurious houses are managed in some arrangement between the developers and a hotel chain, along with the name being associated with some hotel, including lifestyle benefits, quality services, dry cleaning, and a personal butler. For example, want to get ready for that one party in your circle? There is a salon on the ground floor, apart from a coffee lounge to relax after work. There is always get professional aid to help you manage your life while living in a house. Of course, it’s a flat that provides its guests with hotel service. For example, the private chef or the possibility of selecting dishes from a menu served in the room.

Though, both luxury and branded residences are a testimony of growing affluent class in the India, but are quite different from each other. According to Bain and Company, the luxury market in India is expected to grow to 3.5 times its current size and reach US $85 to $90 billion by 2030 as the economy is growing rapidly.

These reports place India as the fastest-growing luxury market all over the world. The demand for luxury housing in India has also been immense and such housing are solely operated by the developing company. The heated pools and spas, community gardens to garden own herbs and veggies, a 24x7, games, a business centre and a coffee bar, a fitness center with high-end cardio and strength training equipment. Moreover, these houses emphasize building a home with the concept of net zero carbon emissions.

This meant that the smart cities, where infrastructure and service amalgamation created an impact on the luxurious housing market.

As per the data by JLL, the premium and luxury segments saw the highest growth in sales. Premium projects (Rs 3-5 crore) witnessed a 107 per cent Y-o-Y surge, while luxury projects (Rs 5 crore and above) experienced a 96 per cent increase.

Today, high-end buyers seek living spaces that connect seamlessly with smart city infrastructure-on a self-driving car, a medical center, or other such services. High-end housing is no longer a declaration of a front-and-center piece of earth real estate. Instead, it’s all about creating an environment for unmatched comfort, seclusion, and exclusivity set within the best in design, technology, and sustainable practices. As the luxury buyer evolves, so too will what it means to live in luxury housing terms of wellness, experiential living, and being globally connected. That way, luxury housing will continue to be a mark of prestige, achievement, and the epitome of contemporary life for generations to come.

Key trends are therefore defined by the changing nature of needs and priorities of the HNWs, like wellness oriented living, remote work adaptations, going beyond living, luxury housing is now a place of distinct experiences. Luxury market is a commodious market, branded residences are not just different but the two sides of the same coin.

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About Sandeep Ahuja

Sandeep Ahuja is Managing Director of Atmosphere Living, one of the finest Luxury residence brands working on creating a unique offering within the real estate and hospitality segment. He is responsible for operations in Indian, Sri Lanka, Dubai and Maldives.

With a seasoned career in media, hospitality and retail, he has worked with brands such as Tata Housing, Barista Coffee Company, among others. He is an innovative, self-driven, and result-oriented individual with sharp business acumen. During his time at Tata Housing, he acquired 26 projects, valued at USD 3 billion, spanning 10 vibrant cities and set up operations in international markets. As head of “New Business Initiatives” he also introduced the ‘Riva’ Senior Living project in Bangalore. Sandeep is venturing into new horizons with his contagious enthusiasm and progressive ideas and is rewriting the rules of luxury for homes, crafting a world where exceptional living becomes a reality.

An expert in business development, strategy planning and retail, sales, and entrepreneurship, he holds an executive Leadership Program, Business Administration and Management from prestigious University of Michigan.

Along with pursuing his business goals and personal interests, he believes in a healthy life and maintains a work life balance and has a positive mind set. He is a result driven, self-motivated and resourceful director with a proven ability to develop and strengthen management teams in order to maximize company profitability and efficiency.

SATTE 2025 Day 2: MoUs, AI Innovation, and Sustainable Tourism Take Center Stage

The second day of SATTE 2025, South Asia’s leading travel and tourism exhibition, continued to drive strategic collaborations and global networking at Yashobhoomi, New Delhi. The event witnessed a remarkable confluence of industry professionals, exhibitors, and thought leaders, reinforcing SATTE’s role as a catalyst for shaping the future of travel and tourism.

Apart from the business on the show floor, several highlights marked the day. A key highlight was the signing of a landmark Memorandum of Understanding (MoU) between the Indian Association of Tour Operators (IATO) and its Japanese counterparts, marking a significant milestone in strengthening tourism ties between India and Japan. This collaboration aims to foster cross-promotion of tourism between the two nations, enrich cultural exchanges, and unlock new travel opportunities. With a focus on Okinawa, the MoU will encourage Indian travellers to explore Japan while facilitating greater tourism from Japan to India, reinforcing the strong ties between the two countries.

The ‘Atithi’ initiative, an exclusive buyer-seller meet in collaboration with the Service Export Promotion Council (SEPC), continued to serve as a dynamic platform for fostering business relationships, connecting international buyers with Indian tourism stakeholders, and unlocking new opportunities.

The day also featured an array of insightful conference sessions that delved into emerging industry trends, challenges, and market dynamics.

One of the key discussions, "Routes Development: Significance & Impact," moderated by Sunil Kumar, President of the Travel Agents Association of India, explored how strategic air, sea, and land routes fuel economic growth, boost tourism, and shape the future of global connectivity. Industry leaders analyzed upcoming opportunities and trends for route development in 2025 and beyond.

The "Anchoring Opportunities in Cruise & Port Tourism" panel, led by Vinod Zutshi, Former Secretary, Ministry of Tourism, Government of India, examined the potential of India’s cruise tourism sector. The discussion focused on enhancing infrastructural capabilities, attracting foreign tourists, and positioning India as a premier cruise destination. Meanwhile, the session on "Overcrowded & Overlooked: Balancing the Scales," moderated by Sanjay Basu, Chairman of Far Horizon Tours and a member of CII National Tourism & Hospitality Committee, highlighted the importance of sustainable tourism by bringing attention to emerging destinations that remain underexplored.

With outbound travel from India on a sharp rise, the panel discussion on "India on the Move – Cracking the Code of Outbound Growth," moderated by Rajeev Nangia, Chief Operating Officer, TRAC Representations India Pvt. Ltd., examined evolving traveller preferences, key international markets, and strategies to further propel outbound tourism.

Complementing this, the "AI Revolution & Hyper-Connected Tourism – Are We Ready?" session, moderated by Chirag Agrawal, Co-founder & COO of TravClan, explored the transformative role of AI in reshaping the global tourism landscape. Experts shared insights on leveraging AI-driven innovation to enhance customer experiences and operational efficiencies in the travel sector.

The day concluded with a thought-provoking Fireside Chat on "From Viral to Vital: The Impact of Social Media on Destinations." Leading travel influencers discussed the power of digital platforms in destination marketing and how viral content can turn hidden gems into must-visit locations, transforming tourism economies worldwide.

Destination briefings for Rajasthan, Sri Lanka, and Saudi Arabia, among others, explored these much loved tourist regions’ expanding potential.

SATTE Awards 2025, marked as a must-attend event on every travel professional’s calendar, recognized excellence across 22 categories, including Hotels, Tour Operators, Tourism Boards, International Cruises, and Travel Agents. This year’s edition saw 231 nominations from 187 companies, including 90+ new entrants, reflecting the industry's dynamic evolution. The Shakti Awards, an initiative by Informa Markets, honored the contributions of women leaders shaping the future of travel and tourism. The winners were selected by a distinguished jury chaired by Mr. Arvind Singh, Former Tourism Secretary, Government of India.

SAMHI Continues to Deliver Consistent and Strong Growth Across Core Markets

Q3 FY25

• RevPAR# up 15.1% YoY

• Asset Income up 10.1% YoY

• Asset EBITDA up 12.6% YoY

• PAT* INR 228 Mn

9M FY25

• RevPAR# up 14.9% YoY

• Asset Income up 19.4% YoY

• Asset EBITDA up 22.7% YoY

• PAT* INR 396 Mn

SAMHI Hotels Limited (BSE: 543984) (NSE: SAMHI) a prominent branded hotel ownership and asset management platform in India, announced its unaudited Standalone and Consolidated results for the quarter and nine month ended 31st December 2024.

Commenting on the performance, Mr. Ashish Jakhanwala, Chairman & Managing Director, SAMHI Hotels Ltd. said,

“We are pleased with the results for Q3 & 9M FY25. During the quarter we maintained healthy revenue growth. EBITDA growth was strong given successful ACIC integration and strong operating leverage. Our core markets remain resilient. For Q3 & 9M FY25, occupancy stood at 72% and 74% respectively, reflecting strong demand for our assets.

I am also pleased to announce the reopening of Caspia Pro in Greater Noida as Holiday Inn Express with 133 rooms in December 2024. Our growth projects are on track with Holiday Inn Express in Kolkata and new rooms in Bengaluru under pre-opening stage.

We are also making good progress on two latest acquisitions. The concept development for our proposed new block of 220 rooms in Whitefield, Bengaluru, under “Westin” brand by Marriott and for conversion of an existing building into a “W” brand hotel in Hitec city, Hyderabad, are at advanced stages of finalization. Once we complete the on-going initiatives, we would have almost doubled our Upper Upscale & Upscale inventory, which will have a substantial impact on our business.”

Key Highlights for Q3FY25:

• RevPAR at INR 5,088 up 15.1% on a YoY basis demonstrate strong business demand across key markets with established larger base of demand and continued growth in commercial activities across key markets driving RevPAR growth.

• Occupancy stood at 72% for Q3FY25.

• Asset Income and Asset EBITDA grew YoY by 10.1% and 12.6% respectively. Same store growth & positive impact of ACIC acquisition led to strong growth in Asset Income and EBITDA.

• The Finance Cost decreased to 9.4% as of December 31, 2024, compared to 9.5% as of September 30, 2024.

• PAT of INR 228 Mn including INR 65 Mn impact of a non-cash refinancing expense. The refinancing results in an annualized saving of INR 160 Mn in interest expense. 

The Taste of Meghalaya: Iconic Dishes to Try by Dr Himanshu Talwar

Often referred to as the Abode of Clouds, Meghalaya nestled in the northeastern part of India, is known its breathtaking waterfalls, unique living root bridges, and rich tribal heritage. The cuisine of the region is characterized by its simplicity and the use of locally sourced ingredients, with a focus on rice, meat, and a variety of vegetables.

The food is often mildly spiced, allowing the natural flavours of the ingredients to shine through. Let’s explore some iconic dishes from Meghalaya:

Jadoh - Jadoh is a quintessential Khasi dish, celebrated for its robust flavours and comforting qualities. It features red rice, a staple in Meghalaya, cooked with tender pieces of meat, typically chicken or pork. The rice is infused with spices like ginger, turmeric, and sometimes bay leaves, giving it a warm, earthy flavour. Often garnished with crispy fried onions, Jadoh is served alongside a tangy chutney made from local ingredients, enhancing its taste.

Dohneiiong - Dohneiiong is a delectable pork dish that highlights the region’s affinity for rich, flavorful meat preparations. The pork is marinated in a mixture of spices and then slow-cooked until tender, allowing the flavours to meld beautifully. The star ingredient, black sesame seeds, is ground and added to the dish, lending a nutty, aromatic quality that distinguishes it from other meat dishes.

Typically served with steamed rice, Dohneiiong’s unique flavour profile makes it a must-try for anyone exploring the region’s cuisine.

Tungrymbai - Tungrymbai is a cherished traditional dish among the Khasi people. This dish primarily features fermented soybean, which is simmered with a medley of vegetables like potatoes and beans, creating a hearty and nutritious meal. The fermentation process imbues the soybeans with a distinctive umami flavour that enhances the overall taste of the dish. Tungrymbai is typically served with steaming hot rice, making it a comforting staple in many households.

Khar - Khar is a signature dish of Meghalaya, renowned for its unique use of alkaline ingredients. The dish features raw papaya and a special alkaline water extracted from the ashes of the “khar” plant, which gives it a distinct taste and aroma. Typically cooked with a choice of meats, such as fish or pork, Khar is seasoned with a blend of spices, including turmeric and ginger, resulting in a complex flavour profile, often enjoyed during festive occasions.

Pukhlein- Pukhlein is a traditional rice snack beloved in Meghalaya for its delightful texture and slightly sweet flavour. Made from glutinous rice flour, the dough is shaped into small, round discs and deep-fried until they reach a golden-brown hue, creating a crispy exterior. The inside remains soft and chewy, making it a perfect tea-time treat. Pukhlein is often enjoyed as a standalone snack or served with local tea.

Sohmynken - Sohmynken is a popular fish dish that highlights the freshness of local ingredients, particularly the abundant fish found in Meghalaya’s rivers. The fish is typically marinated with a blend of spices and herbs, such as garlic, ginger, and green chilies, allowing it to absorb the flavours deeply. It can be either grilled or steamed, preserving its natural taste and moisture. The dish is usually served with steamed rice, making it a wholesome meal.

Bamboo Shoot Curry – This beloved dish from Meghalaya showcases the region’s deep connection with local flora. Tender bamboo shoots, harvested from the abundant bamboo forests, are cooked with a variety of seasonal vegetables and aromatic spices, creating a flavourful and hearty curry. The natural sweetness of the bamboo shoots balances beautifully with the spices, making it a delightful dish. Often served with steamed rice, this traditional curry is nutritious and wholesome.

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Dr Himanshu Talwar is an industry veteran with various articles, columns, travelogues, and write-ups published specifically on Tourism, Hospitality, and Aviation to his credit.

Lords Hotels & Resorts: Four New Hotel Signings

Lords Hotels & Resorts is thrilled to announce the signing of four new hotels in Gujarat, enhancing their presence in the state to a total of 28 properties. This expansion reinforces their commitment to providing exceptional hospitality experiences in one of India's most vibrant regions.

The new additions include:

• Lords Inn Sanand, featuring 61 rooms, and set to open by July 2025.

• Lords Studio Inn Kodinar, offering 23 rooms, and set to open in Oct 2025.

• Lords Inn Una, comprising 40 rooms and set to open by Dec 2025.

• Lords Inn Gir, projected to have 44 rooms and set to open in 2026.

These hotels are designed with thoughtfully curated amenities, including fully equipped banquet venues, and multi-cuisine restaurants that celebrate local flavors. Each property aims to captivate guests and provide an unforgettable experience.

Pushpendra Bansal, COO of Lords Hotels & Resorts, expressed enthusiasm about this significant expansion: “We are excited to announce the signing of four hotels in Gujarat, a state renowned for its rich culture, vibrant heritage, and thriving ecosystem. These signings reflect the strong momentum our brand has built over the years.”

He further emphasized, “We are committed to upholding the legacy of the Lord's brand as we continue our journey toward success.”

With this expansion, Lords Hotels & Resorts now boasts a portfolio of 70 hotels and over 3,000 keys spanning across 3 countries. Our dedication to delivering "True Value Hospitality" remains unwavering as we elevate the guest experience across our properties.

Accor and Handiwork join forces to promote the training and professional development of disabled people in the hotel industry

Accor, a global leader in hospitality, announces a partnership with Handiwork, an ESUS (French government-approved social enterprise) that provides training and support to disabled people in the workplace. This innovative partnership will lead to the roll-out of the HANDIWORK DÉCOUVERTE (Discovering Handiwork) program in a number of Accor hotels across France, ranging from economy to luxury, providing people from the sheltered sector with introductory training in the hospitality industry. 

An initial seven hotels kicked off the program in late 2024, including properties in Hauts-de-Seine (92), Toulouse and Le Havre, welcoming 28 trainees. In early 2025, the project will be extended to other cities, including Lyon and Bordeaux. Over a period of 10 months, the participants will be supported by a Handiwork training officer and will learn about the various roles in hospitality. The apprenticeship, which includes hands-on training and total immersion in Accor hotels, will ensure they acquire practical and empowering hospitality skills. At the end of the training, participants will receive a formal qualification detailing the skills acquired and they will also have the opportunity to pursue their professional journey within the Group.   

“This partnership with Handiwork is a chance for us to further open the doors of our hotels and to play an active part in the training of participants. We are proud to offer these talented people a meaningful first professional experience, and to strengthen our commitment to an inclusive hotel industry,” said Anne-Sophie Beraud, SVP Social Care & Impact, Accor. 

“Following our work in the Retail sector, we are extremely proud to be able to expand our “HANDIWORK DÉCOUVERTE” training and integration pathways to the Hospitality industry. The diversity of career paths offered within Accor Group’s many brands provide genuinely exciting opportunities for talent from the sheltered sector, seeking to enhance their professional development and make their way into the mainstream workplace,” said Lionel SATOUF, co-founder and CEO, Handiwork. 

Accor has long sought to foster an inclusive hospitality industry. In 2023, Accor launched a partnership with Simplon, an inclusive training organization focused on digital careers, to provide training to 14 people with disabilities in the role of App Designer & Developer. This work-based learning program offers 18 months of training as well as personalized support. The initial roll-out began in April 2024 following a six-month pre-selection process, marking the first successful stage of this partnership which will continue until October 2025. 

For the past seven years, Accor has been involved in DuoDay, a national day that its hotels and headquarters take part in to raise awareness of and promote the professional integration of disabled people. This year, 100 Duos were created, made up of disabled people and Accor employees, thus offering participants the opportunity to interact with our teams and learn about the Group and its career opportunities. This program, initially launched in France, has gradually been extended internationally to countries where the Group operates, becoming “Accor World DuoDays”.  

In partnership with local charities, not-for-profit organizations and schools, Accor Greater China has since 2016 been actively involved in organizing events to showcase careers in hospitality. Approximately 500 events have been organized over the past seven years, involving almost 8,400 disabled people and 25,000 employees. In 2022, Accor also organized a special day for young visually impaired people as part of the program, “Blind Empowerment 100-Day”, in partnership with the charity beYoureyeS. In 2023, the partnership was renewed with an event at the Pullman Shanghai Jing An, offering tailored training to introduce participants to careers in hospitality.

In North America, the Fairmont Tremblant and Fairmont the Queen Elizabeth began a partnership with Giant Steps, a Canadian NGO specialized in educating people with autism spectrum disorders and promoting the professional integration of autistic and neurodivergent adults. Launched in 2022, this pilot project led to the integration of 12 new staff members into hotel teams, supported by professional trainers from Giant Steps. These two hotels are the first in Canada to roll out this program, with the aim of extending it to other Fairmont hotels in the country, while in parallel providing a positive experience to autistic guests and their families. 

World of Hyatt and Headspace Launch New Series to Help Travelers Find A Good Night's Sleep

Hyatt’s award-winning loyalty program, World of Hyatt, in collaboration with Headspace, the world’s most accessible and comprehensive mental health platform, today debuts a new exclusive video series, Headspace’s Science Behind Sleep, presented by World of Hyatt, extending care for guests and members by providing access to expert and science-backed tips on how to get better sleep while traveling. The new sleep series is available in guestrooms at nearly 400 Hyatt hotels and within the Headspace app beginning today, Nov. 14.

Three-in-four consumers say that sleep quality is the most important factor when traveling and are more likely to take advantage of amenities designed to improve their sleep, based on a recent survey* Hyatt conducted. Filmed at Park Hyatt Aviara Resort, Golf Club & Spa in Carlsbad, Calif., the series explores sleep’s vital role in maintaining our overall wellbeing both pre, during and post-trip through a science-based approach. Created in collaboration with World of Hyatt, led by Headspace’s Dora Kamau, Meditation and Mindfulness Teacher, and advised by renowned Sleep Expert and Psychologist, Dr. Aric Prather, each episode is infused with scientific research and tips for managing common sleep struggles.

Traveling can often stir a whirlwind of emotions – from the anticipatory thrill to the underlying stress of planning. These emotions can significantly impact travelers’ sleep once they reach their destination. The series explores practical scientific-backed steps travelers can take before and during their trips to seamlessly transition into a restful state, ensuring they can fully savor their trip or stay focused on their work projects without the interference of sleep troubles.

The series will take guests through five episodes:

Befriending Jet Lag – includes tips to handle circadian misalignment to lessen the impact of jet lag

Creating a Travel Bedtime Routine – provides suggestions to make new environments feel more like home to help with the transition process while traveling

Eat and Drink Smarter – mindful choices to make when traveling to protect your sleep and not interrupt your sleep cycle

Dealing with Night Time Wake-Ups – covers tools to help you get back to sleep for every scenario

The Power of Morning Sunlight – explores ways to naturally support your internal body clock using the sun and boosting your overall wellbeing

“Traveling, whether for business or pleasure, brings with it a range of emotions, including excitement, anxiety and stress, all which can affect our sleep quality,” says TJ Abrams, Vice President of Global Wellbeing, Hyatt. “To ensure guests and members are feeling their best, no matter where they lay their heads, the video series is designed to help our guests, members, customers and colleagues on their wellbeing journeys.”

Travelers can check out the first episode of the new series on Hyatt’s YouTube Channel today and guests and members will have access to the entire series on guestroom TVs across nearly 400 participating Hyatt hotels.

“Through the synergy of Headspace's expertise in sleep hygiene and scientific insights, combined with Hyatt's commitment to world-class hospitality and guest wellbeing, together, we're uniquely positioned to help guests unlock the secrets to their best sleep yet,” said Emma Nemtin, Head of Consumer Partnerships and Distribution at Headspace. “We hope that Hyatt guests learn useful tips with each video and are able to apply them to their daily lives and sleep routines to better their mental health and wellbeing.”

Hyatt and Headspace’s industry-leading collaboration began in 2019, to make mindfulness exercises, guided meditations and sleep content more accessible to guests, World of Hyatt members and customers, as well as for global Hyatt colleagues who have access to a complimentary Headspace subscription. In 2023, Hyatt and Headspace continued to expand their offerings with premium colored noise content. Available via the World of Hyatt app and in-room televisions at select properties across the U.S., Canada and Mexico, guests, members and colleagues can enjoy a complimentary sampling of relaxing sounds from Headspace’s premium colored noise collection to help them drift off, relax or focus.

In addition to guests, members and colleagues, Hyatt is extending its purpose of care to help enhance sleep routines, Hyatt is also providing complimentary, one-year subscriptions to Headspace to support non-profit organizations, including Salt & Light Coalition Chicago, ReStore NYC, University of Maryland Safe Center for Human Trafficking Survivors, Safe House Project, BEST Alliance and Survivor Alliance.

Hyatt Regency Brand Pipeline Strengthened with Market Entry into Romania

Hyatt Hotels Corporation announced plans for scaled growth of the Hyatt Regency brand on the Balkan Peninsula. Following the brand’s market entries in Croatia and Albania, the latest project in Romania further strengthens the brand’s momentum in the region with five new Hyatt Regency hotels and resorts expected to open by 2027.

Hyatt Regency Aro Palace Brașov, which is being developed by Aro Palace S.A., will mark the brand’s entry into Romania. Brașov, located in the heart of the country, is a major economic hub and the base for various touristic attractions in the region. Originally opened in 1939 as the most luxurious hotel in the Transylvanian city, the iconic property will be fully refurbished and is expected to welcome guests, members and customers with up to 250 guestrooms in 2027.

“We are thrilled to bring the Hyatt Regency brand experience to this property in collaboration with Aro Palace S.A. The hotel has been an important part of Brașov’s history, and we look forward to the hotel serving the local community and foreign guests alike at this truly unique place,” said Takuya Aoyama, Vice President Development, Hyatt. “We are confident that the stunning medieval towns and breathtaking nature of Romania will capture the interest of our World of Hyatt members and lead to further growth for Hyatt brands in the country.”

“Joining the Hyatt network will provide Aro Palace Brașov with access to world-class expertise and resources, connecting us with millions of travelers globally. Working with Hyatt offers significant benefits for our guests, our team, and the Brașov community. Together with Hyatt, we are excited to build on our tradition of hospitality and achieve new levels of excellence,” said Attila Joós, CEO Aro Palace.

The Hyatt Regency brand extends an open invitation to guests and members worldwide, offering a diverse portfolio that spans from expansive resorts to dynamic urban centers. Rooted in an evolutionary spirit and a commitment to fostering community, Hyatt Regency hotels cater to both leisure and business travelers, creating spaces that invite connection, inspire relaxation, and deliver enriching experiences. Alongside Hyatt Regency Aro Palace Brașov (2027), Hyatt expects to add Hyatt Regency Zadar in Croatia (2025), Hyatt Regency Tirana in Albania (2026), Hyatt Regency Palase Resort & Spa in Albania (2027) and Hyatt Regency Novi Sad in Serbia (2027) strengthening Hyatt’s positioning in the region.

The anticipated growth builds on the brand’s EAME-wide portfolio with latest openings such as Hyatt Regency Pravets Resort in Bulgaria and Hyatt Regency Kotor Bay Resort in Montenegro, the first Hyatt Regency resort property in Europe, which opened in 2023.

Michel Morauw, the newly appointed Managing Director North, EAME, Hyatt said: “The pipeline in these markets is a core component of Hyatt’s growth ambitions in EAME. The expansion in this region with five Hyatt Regency properties in the next few years is indicative of our ambitious approach. Last year´s opening of the first Hyatt Regency resort and the successful rollout of our Inclusive Collection brands in Bulgaria demonstrate the future growth potential of our leisure and resort brand footprint along the Balkan Peninsula.” 

The announcement reflects Hyatt’s broader growth ambitions in EAME, building on a record year of deal signings in 2023 and the recently announced global acquisition of the brands and most of the affiliates of pioneering lifestyle company Standard International, parent company of The Standard and Bunkhouse Hotels brands. Hyatt’s global pipeline stands at more than 135,000 rooms as of September 30, 2024, and is supported by a strong regional pipeline, spanning Hyatt’s distinct brand collections.

Avg wedding budgets are 35.6 Lakh INR, and reflect a 7% increase in wedding spends compared to last year. 9% weddings planned cost over 1 cr

WedMeGood’s 4th Annual Wedding Report 2024

Key highlights:

● Avg wedding budgets are 35.6 Lakh INR, and reflect a 7% increase in wedding spends compared to last year. 9% weddings planned cost over 1 cr

● 82% of weddings financed by personal/ family savings, 12% via wedding loans

● There’s a 15% increase year on year in couples hiring wedding planners

● 1/4th of all weddings planned are now destination weddings, with over 60% of weddings costing over INR 1 crore were destination weddings

● Average honeymoon budget was INR 3.7 Lacs; Switzerland, the rest of Europe, Maldives, Bali and Thailand as top international choices for Indian honeymooners

● 1/3rd of all engaged couples met online via apps. Bumble and Hinge being the most popular and Shaadi.com for matrimony

● Some key trends include the rise of lab grown diamonds, emergence of social media content creators for weddings, rise of eco-friendly weddings and more

What is Slow Tourism and Why is Its Practice Growing?

Slow tourism is becoming a significant trend as travellers move away from mass tourism in favour of more mindful, sustainable and immersive experiences. This movement encourages a deeper connection with the local communities and the environment by slowing down the pace of travel. Below, we explore how some of the exotic destinations around the globe are embracing slow tourism and why its practice is booming!

1. Kenya

Kenya, famous for its iconic wildlife and breathtaking landscapes, is an ideal destination for slow tourism. Instead of rushing through safaris, travel agencies like Wild Whispers are offering exclusive and extended experiences that allow visitors to spend more time connecting with nature. This approach not only provides tourists with unforgettable moments in the wild but also promotes sustainability by minimising environmental impact.

By staying longer and participating in conservation efforts, visitors contribute to preserving Kenya’s wildlife and ecosystems. Kenya’s slow tourism offerings include private safaris, inviting stays in eco-friendly lodges and interactions with the local Maasai communities, which all emphasise meaningful connections and responsible travel. - Mr. Aman Shah, CEO, Wild Whispers

2. Bali

Bali’s serene landscapes, rich cultural heritage and wellness retreats make it a prime haven for slow tourism. Visitors who opt for slow travel here can spend their time exploring the island’s spiritual and artistic traditions rather than simply hitting the tourist hotspots.

Tria Uma Wisata, a destination management agency, curates slow travel experiences in Bali by offering personalised cultural tours, seaside excursions and interactions with local artisans.

Tourists can enjoy longer stays in remote villages, learning traditional Balinese crafts or participating in rituals that reveal the island’s unique spiritual practices. This approach not only benefits the environment but also supports the local community by providing more meaningful, culturally rich experiences. -  Ms Niluh Werdiani, Managing Director, Tria Uma Wisata.

3. Qatar

Qatar is increasingly appealing to slow travellers who seek a blend of modern luxury and cultural depth. While known for its opulence, Qatar offers backpackers a chance to slow down and experience its rich heritage and natural beauty at a more relaxed pace.

Regency Holidays plays a vital role in creating slow tourism experiences by offering extended stays that focus on Qatar’s desert landscapes, museums and cultural landmarks.

Visitors can explore the rich history of Islamic art, visit traditional souks or even take part in sustainable desert safaris that respect the natural environment. This slow-paced exploration encourages a deeper understanding of the country’s heritage and promotes responsible tourism practices. - Manoj Kumar Tiwari, General Manager, Regency Holidays

4. Dubai

Dubai, often synonymous with luxury and fast-paced attractions, is increasingly embracing the concept of slow tourism. While the city is famed for its shopping festivals and vibrant entertainment scene, it now offers visitors the chance to slow down and explore its rich cultural and natural heritage through longer, more immersive stays.

Al Habtoor City Hotels Collection, with its exceptional array of hotels and unique experiences, caters to this emerging trend by providing luxury accommodations designed for those seeking a more relaxed, yet deeply engaging, exploration of Dubai. Guests can take their time to discover the city’s historic neighborhoods, immerse themselves in local culture, or embark on tranquil desert experiences—all while enjoying the comforts of world-class hospitality. - Mr. Soufiane El Allam, Complex Commercial Director of Al Habtoor City Hotel Collection

As people seek more sustainable, enriching travel experiences, the concept of slow tourism will continue to grow. These destinations are leading the way by offering meaningful experiences that encourage longer stays and responsible tourism practices. By embracing slow tourism, tourists reduce their environmental impact and create a positive shift in the way the world travels.

IHCL STEPS INTO PUDUCHERRY, SIGNS A VIVANTA

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a new hotel in Puducherry. This Greenfield project will be branded a Vivanta.

Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President, Real Estate and Development, IHCL, said, “In recent years, Puducherry has emerged as a popular destination for both domestic and international travelers. This hotel will be a modern oasis in the heart of the charming former French colony. This strategic expansion aligns with IHCL's commitment to establishing its presence across key locations in India. We are delighted to partner with Mr. Ajay Virmani and Mr. Sandip Ganguli for this venture.”

The 85-key hotel will feature an all-day diner, a bar, a gym as well as treatment rooms for its wellness offering. The hotel will offer spacious meeting rooms and pre-function areas for corporate meetings and social gatherings. Inspired by Puducherry’s rich cultural tapestry, the hotel’s design will seamlessly blend modern aesthetics with the city’s French influences. The hotel’s strategic location will provide easy access to the city’s key attractions, allowing guests to immerse themselves in the local culture and experience the true essence of the city.

Mr. Ajay Virmani, and Mr. Sandip Ganguli of Auroma Soft Resorts and Hotels Pvt. Ltd. expressed, "We are delighted to collaborate with IHCL to introduce the Vivanta brand to Puducherry. This partnership will bring a fresh and exciting energy to the city, providing guests with a distinctive and exceptional stay."

Puducherry, a former French colony, boasts a unique blend of Indian and French cultures. Its picturesque promenade, stunning beaches, and historic French and Tamil heritage quarters make it a captivating destination for travelers looking for a fusion of heritage and natural beauty.

PHA YUVA 7th Year Anniversary Curtain Raiser

PHA YUVA, a leading organization dedicated to youth empowerment, is set to mark its 7th anniversary with an exciting celebration.

The curtain raiser video showcases the organization's journey, highlighting impactful initiatives in community engagement, leadership development, and cultural programs.

Through vibrant performances and testimonials, PHA YUVA continues to inspire youth-driven change, fostering skills and social impact across communities.

This milestone event reaffirms PHA YUVA's commitment to nurturing future leaders and creating positive societal change.

for more visit phka.in/

EXPERT OPINION | Why should students pursue education and hospitality despite the recent dip in the industry? by Shivani Arora

Fundamentally, hospitality revolves around human connection. The Latin word hospitalitis, which describes the relationship between a guest and a host, is actually where the word hospitality originated, and its importance in both business and education has only grown.

While the past year was tough for all industries alike, the way hospitality industry operates, and education is imparted, has been reshaped. There's never been a better moment to seize the opportunity and join an industry poised to enter the next major stage of development.

All other industries are inextricably linked to the hospitality sector. It's critical to comprehend the skills that students who seek hospitality education will acquire before I respond to your questions about why they should. As I frequently emphasize, hospitality management is a humane approach to conventional business education. And that's precisely what sets this course apart from others, along with the chances it offers.

Contrary to popular belief, a degree in hospitality provides doors for employment in nearly every field. The hospitality industry is not just about hotels and restaurants. Students are well equipped to work in industries like travel and tourism, banking & finance, real estate, consulting, luxury lifestyle & retail, event management and so many more.

In fact, a lot of students decide to go on and become successful entrepreneurs in their chosen field of interest. The unique quality of hospitality education is in its emphasis on human capital. This course is unique because of the ‘transferrable skills’ that students acquire, even though the curriculum includes modules on finance, marketing, economics, human resource management, strategy, law & ethics, entrepreneurship, and other business essentials.

These are skills and traits that stay with students throughout their professional and personal lives, and across industries, no matter what career path they opt for. In fact, according to predictions made by the majority of business periodicals, candidates will stand out for their soft skills, which include problem-solving, creativity, and critical thinking.

Given a choice between two equally eligible candidates, recruiters are always going to choose an employee which ranks higher on soft skills and emotional intelligence. These transferrable skills are a great asset to one's current skill set and have a significant impact on one's career path. Real-world learning is a significant advantage of a hospitality education. The theoretical as well as the practical aspects of learning are stressed equally.

With the help of case studies, industry narratives, and historical and contemporary organizational models, students can apply theory to real-world situations through this type of industry immersion.

In order to create space for a better, more sustainable, and more productive tomorrow, they are taking lessons from the past. Although there are many opportunities in education, it's also critical that students arrive prepared and with the appropriate attitude.

Individuals that possess creativity, the ability to think and act unconventionally, or a strong desire to become tomorrow's leaders are ideal candidates for this kind of training. I would argue that, as the consumer-industry ecosystem develops, the importance of the service has surpassed that of the product. People are found wherever there is experience, and there is a dramatic change occurring worldwide from products to experiences.

Additionally, education has a lasting value since, in situations when others are having difficulty, hospitality advances thanks to transferable skills that accumulate over time. What will the job market be like in five or ten years? Nobody knows for sure. What we do know is that some skills particularly in industries like hospitality where human interaction is the Unique selling proposition, will remain in high demand, while others will become obselete.

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Shivani Arora is an enthusiastic and dedicated professional with a Master’s in Travel Tourism Management from the University of Mumbai and a Bachelor's in Hospitality Studies from Sheila Raheja Institute of Hotel Management. With experience at Thomas Cook India, Travelxp TV, Iris Representations, Sutherland Global Services, and Trident Hotels, she now excels in academia, training postgraduate and undergraduate students. Passionate about molding students into industry-ready professionals, Shivani fosters intellectual curiosity and confidence for lifelong learning.

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Hyatt’s Growth Momentum Continues with Record Global Pipeline of 129,000 Rooms

Hyatt highlighted that its pipeline has grown by nearly 85 percent since 2017, reaching a record 129,000 rooms. This significant growth highlights the strong preference of hotel owners and the strength of the Hyatt brand. Hyatt’s commitment to creating the preferred portfolio for high-end guests has resulted in doubling luxury rooms, tripling resort rooms, and quintupling lifestyle rooms since 2017.

“Hyatt leading the industry in net rooms growth for seven years is a result of our unique approach to development," said Mark Hoplamazian, president and chief executive officer, Hyatt. "We strategically expand our portfolio of brands, intentionally selecting new and existing markets to enhance our network effect for owners and guests. Our commitment to thoughtful organic growth and strategic acquisitions amplifies our asset-light business model. Our goal is not to be the largest hospitality company, but the company most valued by colleagues, guests, and owners.”

Additionally, the award-winning World of Hyatt loyalty program has quadrupled its membership since 2017 and is up 22% as of the end of the first quarter of 2024 compared to the same period last year, reaching 46 million members globally. World of Hyatt also has 30 percent more members per hotel than its larger competitors.

Lifestyle brands fueling growth, introducing Hyatt to new markets and new guests

Consumers continue to prioritize discretionary spending on experiences with leisure travel demand remaining resilient. Lifestyle hotels create a holistic experience that excites the senses with food and beverage, art, music and programming that is constantly evolving, presenting an enticing proposition for consumers. Hyatt’s upcoming lifestyle property openings and rebrandings include:

Americas:

• The Bentley Hotel Southampton (now open) After undergoing a full renovation, the property will be the first Hyatt-branded hotel in the Hamptons when it joins the JdV by Hyatt brand in September.

• Thompson Palm Springs (expected to open in September 2024) will debut a collection of 168 bungalow-inspired guest rooms and suites in the heart of the city’s design district. The highly anticipated hotel is accepting reservations for stays beginning September 5, 2024, and will feature spirited dining concept, Lola Rose Grand Mezze and HALL Napa Valley’s inaugural tasting room.

• Andaz Miami Beach (expected to open by end of 2024), previously The Confidante Miami Beach, will be the first Andaz hotel in Florida and is undergoing a property-wide multi-million-dollar redesign. The fully reimagined resort will offer guests new immersive dining experiences by the José Andrés Group.

• Thompson Miami Beach (expected to open in late 2024) will overlook Soundscape Park and feature a rooftop pool, restaurant, and bar, in an iconic exterior conceptualized by renowned French architect Rudy Ricciotti and designer Atelier Gulla Jonsdottir.

• The Legend Paracas Resort (expected to open in 2024) will join the Destination by Hyatt brand in 2024 marking the introduction of the brand in South America. Located on the coast of Peru about three hours south of Lima, the resort is nestled between the Paracas Natural Reserve and the Pacific Ocean, offering panoramic views of Paracas Bay and rugged desert hills.

• The Digby (expected to open in 2025) will be the first property to join The Unbound Collection by Hyatt brand in Georgia and will be located on Savannah’s Ellis Square, steps from attractions including City Market, River Street, and world-class shopping and dining.

• Hyatt Centric San Juan Isla Verde (expected to open in 2025) will be the first Hyatt Centric branded hotel in Puerto Rico, located in the buzzy Isla Verde neighborhood, one block away from Isla Verde Beach and walking distance to restaurants, shopping, historical landmarks and nightlife.

• Andaz Turks & Caicos at Grace Bay (expected to open in 2026) will mark the first Hyatt hotel on the island of Turks & Caicos and the first Andaz hotel in the Caribbean. The 5.5+ acre resort will offer three restaurants and bars, an elevated rooftop venue and full array of lifestyle amenities.

• Thompson Monterrey (expected to open in 2026) will be the first urban Thompson Hotel property in Mexico. The hotel will be part of Torre IKON, a mixed-use 31-story tower set to be one of the most iconic high-rise buildings in the San Pedro Garza García neighborhood.

Europe, Africa and Middle East (EAME):

• me and all Berlin East Side (expected to open August 2024) represents one of the first deals with Lindner Hotel Group following the collaboration agreement in October 2022. Featuring 223 guest rooms, me and all Berlin East Side will be a part of the JdV by Hyatt collection.

• Hyatt Centric Cairo West (expected to open late 2024) will be the second Hyatt hotel in Cairo and boast 301 rooms in the city’s western end, close to major business hubs and key tourist attractions.

• Andaz Doha (expected to open late 2024), a 312-room hotel nestled in the prestigious West Bay area of the city will mark the first Andaz branded hotel in Qatar.

• Thompson Rome (expected to open in mid-2025) will be a 70-room property situated in the heart of Rome. It will be the first Thompson branded hotel in Italy and located in the historic building that once housed the Italian Communist Party.

• Thompson Seville (expected to open in 2026) will be the first Hyatt hotel in Seville and the fourth planned Thompson branded hotel in Europe.

Asia Pacific (ASPAC):

• Andaz One Bangkok (expected to open in 2025) marks the first Andaz branded hotel in Bangkok and will be a part of the prestigious One Bangkok, Thailand’s largest integrated development in a central business district.

• Thompson Shanghai Expo (expected to open in Q2 2025) will be the first Thompson branded hotel in Asia Pacific and will be at Expo Park Shanghai, an ideal location for business travelers, trade show attendees, and leisure travelers alike.

• The Caption by Hyatt brand has just made its debut in Asia Pacific with the opening of Caption by Hyatt Zhongshan Park Shanghai in China this April, and will further expand its presence in several Asia Pacific markets with the launch of Caption by Hyatt Namba Osaka in Japan (expected to open in June 2024), as well as the openings in 2025 of Caption by Hyatt Ba Son Saigon in Vietnam,, Caption by Hyatt Kabutocho Tokyo in Japan, and Caption by Hyatt Sydney Capitol Square in Australia.

• The Hyatt Centric brand continues its growth with openings including Hyatt Centric Ocean Front Xiamen in China (expected to open in early 2025), Hyatt Centric City Centre Kuala Lumpur in Malaysia (2025), Hyatt Centric Electronic City Bangalore in India (early 2026) and Hyatt Centric Sapporo in Japan (2026). 

Additionally in the Asia Pacific region, ATONA, the modern hot spring ryokan (Japanese-style inn) brand announced in 2022 under a joint venture between a Hyatt affiliate and Kiraku, is expected to open its first properties in 2026 across some of Japan’s top hot spring destinations and areas of natural beauty, including Yufu, Yakushima, and Hakone. ATONA is Hyatt’s first brand to originate from Japan and will offer sophisticated, worldly travelers a rich cultural experience connecting them to local Japanese communities.

Hyatt Studios brand accelerates growth with more than 250 deals and the groundbreaking of second location

The Hyatt Studios brand, Hyatt’s entry into the upper-midscale extended-stay segment, now has over 250 deals in various stages of negotiation, including with several owners who have either signed or are in negotiation to sign development rights agreements for five or more locations each. The brand just celebrated the second Hyatt Studios groundbreaking for a location in Huntsville, Alabama.

Setting the brand apart from its competition, each Hyatt Studios hotel will offer a best-in-class 24/7 marketplace, free high-speed internet and streaming, EV charging stations, and simplified technology that further enhances the brand’s efficient operating model.

With over 3,000 rooms in the pipeline, Hyatt Studios hotels represent several new submarkets for Hyatt. Since Hyatt’s last announcement in late-2023, Hyatt has executed agreements for the following deals:

• Hyatt Studios Barrie, Ontario (Canada)

• Hyatt Studios Front Royal (Virginia)  

• Hyatt Studios Oxford (Mississippi)

• Hyatt Studios Chesapeake (Virginia)

• Hyatt Studios Charlottesville (Virginia)  

• Hyatt Studios Jacksonville Town Center (Florida)

• Hyatt Studios Billings (Montana)

• Hyatt Studios El Centro (California)

• Hyatt Studios Lehigh Valley (Pennsylvania)

• Hyatt Studios Pooler Savannah Airport (Georgia)

• Hyatt Studios Harrisonburg (Virginia)

• Hyatt Studios Ridgeland (Mississippi)

Grand Hyatt is expected to expand by more than 10 locations over the next two years

Known for its world-class dining, luxurious spas, fitness centers, bold architecture and captivating settings for meetings and events, the Grand Hyatt brand creates exceptional experiences for all guests at the intersection of local culture and global business. Key rebrands and developments in priority markets across the globe include:

Rebrands & Renovations:

• Grand Hyatt Indian Wells Resort & Villas (expected to rebrand in September 2024) will rebrand from Hyatt Regency Indian Wells Resort & Spa after an extensive $60 million renovation, including transformed guest rooms, suites, and luxury villas, as well as new restaurant concepts and an enhanced pool experience.

• Grand Hyatt Scottsdale Resort (expected to rebrand in late 2024) will be the first Grand Hyatt hotel in Arizona after undergoing a $110 million renovation to transform and rebrand from Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch.

• Grand Hyatt Singapore is slated to reopen in phases from Q3 2024 following extensive renovations.

New Builds:

• Grand Hyatt Kunming (expected to open August 2024) – a 331-room property located in the capital and largest city of Yunnan Province, China, just steps away from iconic landmarks like the Golden Horse and Jade Rooster Archway.

• Grand Hyatt Deer Valley (expected to open in late 2024) will mark the debut of the Grand Hyatt brand in Utah and will be located at the famed Deer Valley Resort in the highly anticipated Deer Valley East Village.

• Grand Hyatt Grand Cayman Hotel & Residences (expected to open in 2025) will mark the first Grand Hyatt branded hotel in the Cayman Islands and offer 351 guestrooms and nearly 10,000 sq. ft of indoor meeting space ideally situated on Grand Cayman’s famous Seven Mile Beach.

• Grand Hyatt Mexico City Santa Fe (expected to open in 2025) – this 275-room hotel will be the first urban Grand Hyatt property in Mexico and the second Grand Hyatt hotel in the region.

• Grand Hyatt The Red Sea (expected to open in 2025) – this 430-room hotel will be the first Grand Hyatt property on Shaura Island, the hub of the ambitious Red Sea Project on Saudi Arabia’s west coast.

• Grand Hyatt Los Cabos (expected to open in 2026) will mark the first Grand Hyatt hotel in Mexico’s Baja California Sur, situated within the OLEADA Pacific Living & Golf private resort community. This property will offer 1,200 acres of luxury experiences with approximately 20,000 sq ft of indoor meeting space in addition to an outdoor event lawn and a world-class 18-hole golf course designed by Golf Hall of Famer, Ernie Els.

• Grand Hyatt St. Lucia (expected to open in 2026) will offer 345 rooms and be the first Grand Hyatt hotel on the island. The property will feature more than 20,000 sq ft of meeting space to accommodate meetings and events of any size.

Hyatt’s Inclusive Collection creates more travel opportunities for leisure guests, groups, and World of Hyatt members in new markets

Hyatt’s Inclusive Collection delivers unparalleled experiences with the luxuries and conveniences offered by an all-inclusive. As of the end of Q1, Hyatt’s Inclusive Collection resorts grew to approximately 41,412 rooms across 124 properties, further enhancing Hyatt’s position as the world’s largest portfolio of luxury branded rooms in resort locations. With 10 distinct brands providing personalized hospitality through exceptional service, immersive dining, and more, the collection continues to expand in new and exciting destinations.

• Dreams Madeira Resort Spa & Marina (expected to open in 2024) will mark the entry of Hyatt’s Inclusive Collection into Portugal and feature 366 guestrooms, ranging from standard rooms to luxury villas, as well as an onsite private beach and marina.

• Secrets Playa Esmeralda Punta Cana (expected to open in 2024) – situated on the northeast coast of the Dominican Republic in Miches, this intimate, adults-only resort will feature nine gourmet dining options, including six à la carte restaurants, a buffet, a cafe, a grill by the pool, beach, and a private lounge for Preferred Club guests.

• Secrets Baby Beach Aruba (expected to open in 2025) – this adults-only resort will mark the debut of Hyatt’s Inclusive Collection on the island. Situated alongside Baby Beach, a popular white-sand lagoon close to San Nicolas, the resort will boast architecture that blends into the landscape, offering stunning views of the region.

Marriott International Accelerates Growth in Poland With More Than 10 Anticipated Openings in the Pipeline

Expected additions will add more than 1,200 rooms to the company’s global portfolio

Marriott International, Inc., announced its plans to expand its portfolio in Poland with the expected addition of more than 10 properties in the next few years, including the debut of two brands - Le Méridien and Element Hotels by Westin - in the market. The anticipated openings will further enhance the company’s footprint in the country, where it currently has a portfolio of 24 properties and over 4,500 rooms across 12 brands and eight cities - Warsaw, Sopot, Krakow, Poznan, Katowice, Wroclaw, Gdynia and Szczecin. The planned expansion is also in line with the strategic development of the company’s luxury, premium and select service portfolio across key leisure and business destinations in the Eastern Europe region.

Jerome Briet, Chief Development Officer, Europe, Middle East & Africa, Marriott International commented, "Marriott International remains focused on growing and diversifying its brand portfolio and experiences in Poland to meet the strong demand for travel throughout the country. With our captivating portfolio of brands, world-class distribution platform and Marriott Bonvoy, our award-wining travel program, we continue to drive robust growth opportunities with owners and franchisees in the market.”

Marriott continues to see strong growth momentum for its premium brands in Poland. The company anticipates bringing Le Méridien’s European heritage and chic signature programming to the country with the expected opening of Le Méridien Krakow Royal in 2025. The company also plans to expand the presence of its Collection brands in the market with the slated opening of a Tribute Portfolio hotel in Warsaw and an Autograph Collection hotel in Wroclaw. Plans also include the addition of a second Renaissance hotel, with a projected opening in Gdansk Old City.

The company’s select service brands also continue to be a strong driver of growth in the Polish market. Element by Westin is anticipated to make its debut in the country this spring with the opening of Element by Westin Wroclaw, which will meet the demand for extended-stay accommodation in the market. Four Points by Sheraton builds upon its current portfolio with projected openings in Poznan and Wroclaw in 2025. The playful Moxy Hotels brand is slated to open its fifth property in the market next year with a hotel in central Warsaw.

In addition, Marriott also plans to further expand its luxury portfolio in Poland with the anticipated addition of its second Luxury Collection property, H15 Luxury Palace, a Luxury Collection Hotel, which will be situated within the Lubomirski Palace in the historic city of Krakow.

Briet added, "We are seeing significant growth in the market through conversion opportunities, which further highlights the trust owners have in Marriott International and the reputation of our world-class brands. More than half of our development pipeline in Poland features conversion and adaptive re-use projects.”

Poland is home to 12 of the company’s brands, each serving differentiated experiences across traveller segments. The brands currently present in the country include: The Luxury Collection in the luxury segment; Marriott Hotels, Sheraton, Renaissance Hotels, Autograph Collection, Tribute Portfolio and Westin in the premium segment; Courtyard by Marriott, Four Points by Sheraton, Moxy Hotels and AC Hotels by Marriott, in the select service segment.

New Podcast Lauched | Vikas Mehra Debuts As A Host & Podcaster. Watch him talk to Chef Jerson, Award Winning Chef @ Novotel Juhu, Mumbai

#hospitalk #hospitalitypodcast #firstepisode #excitingtimes #hospitality #vmpodcast #firstpodcast

Hyatt Celebrates 11th Consecutive Year on Fortune’s "100 Best Companies to Work For" List

Hyatt Hotels Corporation (NYSE: H) has been recognized as one of the “100 Best Companies to Work For,” an annual list of U.S. companies with outstanding workplace cultures according to Fortune and global research and consulting firm, Great Place to Work. Hyatt has earned a spot on this prestigious list for 11 consecutive years, making it one of the longest ranked hospitality brands.

“At Hyatt, we believe in the power of belonging and making people feel at home no matter where they are in the world,” said Susan Santiago, President, U.S. and Canada, Hyatt. “We are committed to caring for our colleagues and guests to be their best, and everything we do is through the lens of our purpose of care. This recognition is a testament to how our Hyatt family leads with care, empathy, and integrity to support and enrich the communities in which we operate, as we continue our remarkable growth as a leading hospitality company.”

Driven by its core commitment to care and a cultivating a people-first culture, Hyatt is proud to distinguish itself through personalized experiences, wellbeing-focused initiatives, and comprehensive development opportunities, enabling colleagues to thrive. Through its values of empathy, inclusion, integrity, experimentation, respect and wellbeing, Hyatt embraces the individuality of its colleagues, providing a supportive ecosystem for every career milestone.

Deeply embedded across all areas of its business, World of Care is Hyatt’s global approach to advancing care for the planet, people, and responsible business. As part of Hyatt’s efforts in caring for people and prioritizing inclusion at all levels of its organization, Hyatt’s 2025 Change Starts Here commitments outline key diversity, equity and inclusion goals around three areas: who we employ, develop and advance; who we support; and who we buy from and work with.

The 2024 Fortune “100 Best Companies to Work For” recognition adds to a growing list of workplace accolades Hyatt has received, including:

• 2024 America's Best Large Employers – Forbes

• 2024 World's Most Admired Companies – Fortune

• 2024 America’s Most Innovative Companies – Fortune 

• 2024 America’s Greatest Workplaces for Diversity – Newsweek 

• 2024 Most Trustworthy Companies in America – Newsweek 

ACCOR | NEW OPENINGS AND KEY SIGNINGS FUEL GROWTH IN INDIA

Following a landmark year for Accor in India in 2023 with a record-breaking signing of eleven strategic hotels and the opening of six key hotels across the country, the Group is set to unveil more strategic hotel announcements in 2024 to further solidify its position as one of the largest international hotel groups by rooms in India.

 Notable hotel signings for the Group in 2023 included the prestigious Fairmont Agra, Pullman Amritsar, Novotel Bengaluru Airport Varun, Grand Mercure Jaipur Kukas, and ibis Styles Bengaluru Airport Varun. This momentum demonstrates Accor’s commitment to catering to diverse traveller preferences.  The Group also expanded its Indian portfolio in 2023 with the addition of near 1,000 rooms through the openings of Novotel Mumbai International Airport; Novotel Jaipur Convention Centre; Novotel Jodhpur ITI Centre; Grand Mercure Agra; ibis Mumbai Thane; and ibis Styles Goa Vagator.

 Accor currently operates 62 hotels across a diverse array of iconic brands, including Raffles, Fairmont, Sofitel, Pullman, Grand Mercure, Novotel, Mercure, ibis, and ibis Styles. The Group's commitment to innovation and excellence remains steadfast, contributing significantly to the evolution of India's hospitality landscape.

 The Group’s strategic approach to growth in 2024 includes the opening of six hotels in the premium, midscale, and economy segments and three luxury and lifestyle hotels, to further enriching its diverse portfolio.

 Accor’s commitment to the luxury hospitality market is evident in the opening of Raffles Jaipur in the second quarter of 2024, a hotel that will redefine grandeur and opulence in the heart of the largest city in Rajasthan.

 In the premium sector, the opening of Grand Mercure Goa Candolim in the second quarter of 2024 will offer discerning travellers a harmonious blend of comfort and cultural connections. 

 The openings of Mercure Chandigarh and ibis Styles Mysuru in 2024 further exemplify Accor’s commitment to providing quality and affordable accommodation options for the evolving needs of budget-conscious travellers.

 Scheduled for the third quarter of 2024, Accor's Novotel brand will see its footprint expand to key cities with the openings of Novotel Goa Panjim, Novotel New Delhi City Centre, and Novotel Bhubaneshwar. 

Sébastien Bazin, Chairman & CEO Accor, remarks, “India holds a strong place in Accor’s global vision, embodying not just a market, but a place of opportunity and growth. We, at Accor, are resolute in our commitment to this dynamic and rapidly changing nation, where every hotel opening and signing stands as a testament to our unwavering dedication and desire to help positively shape a prosperous future for the country. We stand poised, brimming with excitement, to shape India's vibrant hospitality landscape, offering not just accommodation, but meaningful experiences that resonate with both business and leisure travellers alike."

Hotels to see 9-11% Revenue Growth in FY25; third straight year in current upcycle: CareEdge Ratings Report

Room rates expected to rise to Rs 7,700 – Rs 7,900 in FY25

CareEdge Ratings estimates that in FY24, hotel industry will end at RevPAR growth of 12-14 per cent on the high base of FY23. The robust resurgence in demand, coupled with the gradual alignment of supply and demand of branded hotels room inventory, has been a noteworthy facet of the hospitality sector's post-pandemic trajectory.

The growth momentum in the hotel industry is expected to be sustained in FY25, resulting in likely y-o-y revenue growth by 9-11% backed by healthy domestic leisure and business travel and complemented by increasing foreign tourist arrivals, contributing to an improved credit profile for industry players. This will make it the third straight year of an upcycle. Pan-India, average room rates (ARRs) are expected to be around Rs 7,200 to Rs 7,400 in the current fiscal, which is likely to rise further to Rs 7,700 to Rs 7,900 in FY25. The hospitality sector's commendable recovery in occupancy rates and average rates has in turn cushioned its RevPAR, estimated to have climbed to an average range of Rs 4,800 to Rs 5,000 by the end of FY24 up from the 4,300-range registered in FY23 and is expected to grow by 9-11% in FY25 on the high base of FY24.

While supply of room inventory is expected to experience a delayed catch-up due to the protracted setup period for greenfield hotels, organized players are strategically expanding their footprint in an asset-light manner. Anticipated supply growth is estimated to range from 4% to 5% compounded annual growth rate over the next 4-5 years, adding over 50,000 rooms to the country's current inventory of approximately 160,000 branded rooms.

Presently, supply is more balanced across different segments, as compared to an earlier mix that was heavily weighted towards luxury and upper upscale hotels. Over the years the supply concentration in the luxury-upper upscale segment has reduced from 39% in FY15 to 32% in FY23 and is expected to reduce further to 26% by FY27 as the majority of new supply is coming in Upscale, Upper midscale and Midscale/Economy sections. This reduction in supply share is despite new rooms being added in all the segments; better balance has arisen due to material supply growth by rooms in upscale, upper midscale and midscale-economy segments. Several global/Indian hotel operators have also launched sub-brands with a clear focus on quality within key destinations which not only helps them in swiftly building a pool of quality inventory with presence across segments but also aids in better allocation of their capital.

“On the back of the surge in domestic demand and underlying GDP growth, the players in the industry are witnessing strong capacity utilization. With the sharp increase in capacity utilization combined with stable supply growth, hotels are seeing significant ability to yield the demand for branded hotels on an ongoing basis which shall support the strong ARR at current levels or drive some growth as well. While the material contribution from international travelers is yet to materialize, currently the domestic demand is the key driver. With the current travel momentum expected to continue and anticipated demand likely to outpace current supply, FY25 is likely to witness steady high occupancies in the range of 68-70% and continued RevPAR growth at 9-11% which shall aid in overall improvement of the credit profile of the players in the industry”, said Ravleen Sethi, Associate Director, CareEdge Ratings.

Culinary Tourism: A Growing Trend in the Hospitality Industry - Haninder Sachdeva, Managing Director & CEO at Eight Continents Hotels & Resorts

In recent years, the landscape of tourism has undergone a flavorful transformation, with culinary tourism emerging as a prominent trend in the hospitality industry. Travelers are now increasingly seeking unique and authentic gastronomic experiences, turning their attention towards exploring the diverse and distinctive regional cuisines around the world. This shift in travel preferences has presented a golden opportunity for hotels and restaurants to tap into the burgeoning market of food-loving travelers.

In this article, let’s discuss the rise of culinary tourism and examines how the hospitality industry is strategically capitalizing on its unique regional cuisines to satiate the appetites of discerning tourists.

The Evolution of Culinary Tourism

Culinary tourism is not a new phenomenon, but its prominence and influence on travel choices have surged in recent years. Once considered a mere side attraction, food has now become a primary motivator for travelers when selecting destinations. This evolution can be attributed to several factors, including the rise of social media, globalization, and an increased appreciation for diverse culinary experiences.

Social media platforms like Instagram and Facebook have transformed the way people share their travel experiences. Food-focused posts and reviews play a significant role in shaping the narrative of a destination, enticing others to explore the unique culinary offerings a region has to offer. As a result, travelers are no longer satisfied with merely sightseeing; they want to immerse themselves in the local culture through its cuisine.

Globalization has also played a pivotal role in the rise of culinary tourism. As the world becomes more interconnected, people are exposed to a myriad of culinary traditions and flavors. This exposure fuels curiosity and a desire to explore these diverse tastes firsthand, encouraging travelers to seek out destinations renowned for their authentic and traditional dishes.

How the Hospitality Industry is responding

Hotels and restaurants are quick to recognize the potential of culinary tourism, adapting their offerings and marketing strategies to cater to the evolving preferences of food-loving travelers. The key lies in capitalizing on the unique regional cuisines that define a destination, transforming them into a central element of the overall travel experience.

Culinary Partnerships and Collaborations

One effective strategy employed by the hospitality industry is fostering collaborations with local chefs and culinary experts. Hotels and restaurants are increasingly forming partnerships with renowned chefs or local cooking schools to create unique dining experiences that showcase the authentic flavors of the region. This not only enhances the culinary offerings but also adds a touch of exclusivity, making the dining experience a memorable and sought-after aspect of the overall travel package.

Culinary Events and Festivals

To further capitalize on the culinary tourism trend, many destinations now organize culinary events and festivals that celebrate their regional cuisines. These events draw both local and international visitors, providing a platform for hotels and restaurants to showcase their culinary prowess. Participating establishments often create special menus or host cooking demonstrations, creating a festive atmosphere that enhances the overall travel experience.

Culinary Tourism Packages

Hotels are increasingly incorporating culinary tourism into their overall package offerings. Tailored packages that include guided food tours, cooking classes, and exclusive dining experiences are becoming popular among travelers seeking a more immersive culinary journey. These packages not only highlight the local cuisine but also promote collaboration with local businesses, contributing to the economic sustainability of the destination.

Embracing Local Ingredients and Techniques

To truly stand out in the culinary tourism landscape, hotels and restaurants are placing a premium on using locally-sourced ingredients and traditional cooking techniques. This not only enhances the authenticity of the dining experience but also supports local farmers and producers. Embracing the essence of a region’s culinary heritage becomes a powerful selling point for establishments looking to attract food-loving travelers seeking genuine and unique experiences.

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Author

Haninder Sachdeva,

Managing Director & CEO

Eight Continents Hotels & Resorts.