Spending plan hotel operator and aggregator Oyo has forayed into the premium resorts and hotels classification with the launch of its brand-new brand name, Scheme. Oyo plans to have a total of 50 homes by the second quarter of 2024.
The business has begun 10 Combination resorts as a pilot in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar and Bengaluru, Oyo said in a statement.
“The growth will include locations like Delhi-NCR, Kolkata, Amritsar, Shimla, Goa, Udaipur, Pune, Mussoorie, Srinagar and Kochi,” it added.
“Today, tourists are looking for more than just a place to stay; they are craving special and memorable experiences. This paradigm shift, sustained by rising non reusable earnings, has triggered us to diversify our portfolio and present the Palette brand,” stated Anuj Tejpal, primary merchant officer of Oyo.
Oyo intends to increase its premium hotel footprint under brands such as Townhouse Oak, Oyo Townhouse, Collection O and Capital O in 2023. The company prepares to include 1,800 brand-new properties as part of its premiumization by the end of 2023.
Last month, the company said it will include over 1,000 hotels to support over 100 first-generation hoteliers’ growth by December as part of its accelerator program. Oyo stated to cater to the growing need, it is now concentrating on hoteliers preparing to broaden their organization in top leisure travel locations such as Shimla, Udaipur, Goa, Mysore, to name a few.
Air India-Vistara Merger to Be Accepted By April 2024
Vistara’s merger with Tata Group-owned Air India is on track and the airline anticipates to get all regulatory approvals by April 2024, CEO Vinod Kannan stated.
Last November, Tata Sons and Singapore Airlines revealed the merger of Vistara with Air India to drive synergies and get market share in a fast-growing domestic market. The deal is under the examination of antitrust regulator Competition Commission of India over competition concerns in the aviation sector. The guard dog has actually released a show-cause notification to Air India to describe its position and asked the company for clarification on why the merger need to not be investigated.
Vistara is a joint venture in between Tata and Singapore Airlines. Singapore Airlines will own 25.1% of Air India after the merger.
IHG Hotels & Resorts Opens Holiday Inn Lucknow Airport
InterContinental Hotels Group (IHG) has opened a 192-room Vacation Inn Lucknow Airport in the north Indian state of Uttar Pradesh. Last month, the business opened a 98-room Holiday Inn Katra Vaishno Devi in Jammu & Kashmir and signed a management agreement with AHG Hotels & Resorts to establish a 300-room Vacation Inn Resort Kasauli in Himachal Pradesh.
The hospitality major strategies to add more hotels in India, especially in the high-end sector. IHG signed 2 homes under the voco brand name in the leisure destinations of Jim Corbett and Gurugram, both anticipated to open in 2024. Under the Six Senses brand, the business has 2 properties in India currently.
Alliance Air Upgrades Chennai-Jaffna Frequency to Daily Service
Alliance Air has actually begun daily flights in between Chennai and Jaffna city in Sri Lanka, increasing the frequency from four-times-a-week.
“Alliance Air will initially run with their ATR72 airplane, which can comfortably bring 70 guests,” a news release by Sri Lanka’s Airport and Aviation Providers said. It included that the flights are developed to ensure hassle-free travel options for travelers, with arrivals at 11:30 am and departures to Chennai at 12:30 pm.
Alliance Air, earlier part of Tata-owned Air India, is now owned by AI Assets Holding Limited, a special-purpose car formed by the central government. The airline company runs around 130 flights daily.
Meghalaya Gets $79 Million Grant to Fund Tourist Projects
In a major increase to its tourist infrastructure, the Meghalaya government secured a grant of $79.05 million from the New Development Bank, which is developed by the BRICS group of nations.
The funds will be used to support the building and construction and upgradation of tourism/eco-tourism destinations, development of high-value and rural lodging at strategic locations to increase travelers’ length of stay, building and construction of connecting infrastructure to enhance access to the tourist destination points, the Shillong Peak ropeway task and institutional capacity structure and project management.
The objective is to elevate the tourism industry in the northeastern state and produce significant income to reinforce Meghalaya’s reputation as a premier travel location.
Le Méridien Hotels & Resorts And Fortune Hotels Unveil New Residence in Amritsar
Le Méridien Hotels & Resorts has opened a 147-room Le Méridien Amritsar in the north Indian state of Punjab, marking the brand name’s 11th property in India.
“This opening marks the 3rd Marriott property in the city and highlights our commitment to growing our portfolio of brands in the emerging markets of India,” stated Ranju Alex, area vice president of South Asia at Marriott International.
Furthermore, Indian hospitality business ITC Hotel Group’s Fortune Hotels has opened Fortune Ranjit Vihar Amritsar. Simply last month, the business released Fortune Inn Heritage Stroll in the city.
“With the opening of Fortune Ranjit Vihar, we now have a 200+ space inventory in Punjab itself,” said Samir MC, managing director of Fortune Hotels.
Singapore Airlines to Briefly Increase Seat Capacity From Kolkata
Singapore Airlines said it will boost seat capacity from Kolkata during the annual celebration of Durga Puja by flying a bigger airplane daily. The four-day celebration, which starts on October 20 this year, is celebrated most notably amongst the Bengali diaspora in Kolkata in the eastern state of West Bengal.
“Singapore Airlines is pleased to reveal a short-term upgauge of its Boeing 737-8 services to Jet A350-900 services from October 17-20, and again on October 26 and 27, 2023. Topic to regulative approvals, this modification of aircraft type from a narrow-body to a wide-body over the Durga Puja period will assist satisfy the rise in demand for travel throughout the festival,” a declaration from the airline company stated.
The airline company currently flies daily between Kolkata and Singapore, running its 154-seat B737-8 aircraft from Tuesday to Friday and 303-seat A350-900 airplane on Monday, Saturday and Sunday.
Royal Orchid & Regenta Hotels Opens Home in Mumbai
Indian hotel chain Royal Orchid & Regenta Hotels has introduced its 68- room boutique home, Regenta Location The Emerald in Juhu in Mumbai. The brand name manages a portfolio of over 90+ properties across the nation.
“While we already have a presence in Navi Mumbai, the launch of Regenta Location The Emerald in Juhu, at the heart of Mumbai marks an interesting start for the brand,” stated Philip Logan, chief operating officer of Royal Orchid & Regenta Hotels.
Last month, the company introduced Regenta Arie Lagoonin Negombo, Sri Lanka and is likewise planning on more foreign launches, particularly in the Maldives, Nepal, the UAE and Thailand.