Merrill Pereyra, who has come from global franchise chain QSR Brands in Malaysia, is the first outsider head of Pizza Hut India. All his predecessors have been elevations from within Yum! Brands that operates Pizza Hut, KFC and Taco Bell restaurant chains in the country.
Till September 2019, over 870 keys had been signed across religious destinations like Amritsar, Dwarka and Haridwar last year, showed data real estate services firm JLL shared with ET. These rooms across hotels are expected to be operational in the next two years.
Developments such as the slashing of the goods and services tax (GST) rates for luxury hotels brought some cheer to the hospitality sector in 2019, but the ongoing economic headwinds and protests related to the Citizenship Amendment Act are dragging down growth in the near term.
The aviation ministry’s letter, seen by ET, said the area, where hotel is located, would be required for expansion between 2026 and 2034 and allows its operation till 2032. The letter also adds that the earlier order that had asked Air India to clear the hotel and vacate that area will, therefore, be treated as withdrawn.
The Chicago-headquartered firm currently has 32 hotels across 20 destinations under its eight brands in India. The eight brands under the Hyatt portfolio in India are -- Hyatt, Hyatt Centric, Hyatt Regency, Hyatt Place, Park Hyatt, Grand Hyatt, Alila and Andaz. The company is also looking at expanding in tier II and tier III cities with suitable brands.
Observing that levying service charge in addition to goods and services tax (GST) amounts to unfair trade practice, a consumer forum has ordered a Mumbai restaurant to pay a compensation of Rs 10,000 to a Ghatkopar woman after it refused to scrap the service charge it had levied along with GST.
Indian Hotel and Restaurant Association (AHAR) on Friday said they may have to hike rates of the dishes that contains onion if the tuber prices does not reach to around Rs 60 per kg level soon in the city.
The division bench of judicial member Bhaskara Pantula Mohan and technical member Rajesh Sharma restrained the company and its promoters from transferring, encumbering, alienating or disposing of the company’s assets. The moratorium shall be effective until completion of the insolvency resolution process or until the bench approves the resolution plan.
Leading hotel brands keeping rates for Christmas and New Year celebration packages mostly unchanged. Hotel chains said they are not bringing down rates as they are confident of demand picking up from last-minute party goers. At Pullman and Novotel hotels in New Delhi’s Aero City, the rates for New Year’s eve are up marginally.