Accor appoints Kerrie Hannaford as vice president commercial for Accor India and South Asia
Hannaford is currently working as the area director of sales and marketing at Accor New Zealand, Fiji and French Polynesia leading the sales, marketing and distribution. In 2007 Hannaford was appointed to head sales, distribution and revenue management for Australia and then moved to New York City as the v-p of global sales for North America.
Hotels come out with special offers, promotions for peak holiday season
Hotel chains said the offers are for the peak season and aimed at boosting occupancy, getting more people to sign on to loyalty programmes, and improving recall and positioning of existing brands. Hotel chain Accor is running the ‘starting from’ offer for Kolkata, Bengaluru and Mumbai, where prices for rooms start from as low as Rs 2,799.
Gangwal seeks rejection of Bhatia plea in US court to get documents
Bhatia has moved the London Court of International Arbitration (LCIA) in New Delhi on October 1 in his allegations of Gangwal’s breach of the contract.
Accor and Alibaba Group Enter into a Strategic Partnership
Accor said through the 'strategic collaboration' the chain plans to develop a series of digital applications and loyalty programs to improve the consumer and traveler experience over the next five years. The chain said the collaboration will leverage Alibaba’s 700 million consumers across its China retail marketplaces.
Luxury hotels buck trend, register upward room rates
The luxury hotel market is pinning its hopes for an across-the-board revival in the last quarter of the calendar year after GST was slashed to 18% from 28%.
Industry insiders expect better occupancies in coming quarter after GST tax cut
The GST Council had on Friday slashed room rates for hotels with tariffs of Rs 7500 and above to 18% from 28% besides rejigging the tax slabs.
As business activity slows down, hotels and travel service providers see a dip in revenues
General slowdown, higher air fares after Jet’s grounding, and a decline in domestic business travel are hurting hotels and travel operators.
IndiGo promoters’ feud takes serious turn; Gangwal seeks Sebi’s intervention
Gangwal in a letter to Sebi has alleged “collapsing corporate governance standards” at IndiGo.
IndiGo crisis: Understanding related party transactions
While there are a few contentious issues on which Gangwal and Bhatia disagree, one of the main reasons for their public fallout has been over related party transactions.
Interglobe Enterprises dismisses ‘whistleblower plaints’ as just a smokescreen
Was there really any whistleblower plaint or not? Gangwal insists there was one, while Bhatia camp denies it.
Rising airfares, general elections left many a room vacant
Foreign tourist arrivals increased by 1.9% to 3.93 million in the first four months of 2019 after registering subdued growth in 2018, according to the tourism ministry.
IndiGo shareholders deserve a better reward than infighting
Promoter quarrel couldn’t have come at a worse time for minority shareholders of IndiGo.
InterGlobe's Bhatia refutes charges by Gangwal, says related party transactions just 0.53% of turnover
Rakesh Gangwal in a letter to Sebi has raised many governance issues relating to certain RPTs.
Banks expect Adlabs resolution before Sept outside NCLT
The bankers, however, are more hopeful and keen on selling their loans to asset reconstruction companies, and a loan auction is likely to begin shortly, said the sources.
InterGlobe Hotels plans Rs 700 crore investment to add 6 hotels in India by 2022
The company currently has 19 hotels across the country under 'ibis' brand with 3,559 rooms.
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