/Tag: Hospitality

Making the Most of Tourism and Our Cultural Ties

2019-04-18T12:19:57+00:00April 18th, 2019|2019, Women's Edition – April 2019|

Dr Jyotsna Suri, Chairperson & Managing Director of The Lalit Suri Hospitality Group, outlines how improved tourism could shape the age-old relationship between India and the UK. Backdrop The year 2016 was unprecedented for the world economy. This was more so for the UK, as it marked the beginning of its exit from European Union following a historic referendum. The UK’s desire to ‘look beyond’ Europe has accelerated its efforts to strengthen economic relations with its other major partners. In [...]

Hyper-local strategy is the key to global success

2020-03-16T13:22:59+00:00March 28th, 2019|2019, Global Edition – March 2019|

Ritesh Agarwal is the Founder and Group CEO of OYO Hotels and Homes, one of India’s largest hospitality companies. In this interview with ‘India Global Business’, he explains OYO’s global strategy based on localising its model and talks through the company’s ambitions to become the number one hotel chain in the world by the year 2023. What makes the OYO model click globally? The most essential aspect while trying to make it big globally is to understand the market and [...]

LuLu Group strikes Switzerland hotel deal

2019-02-15T14:35:54+00:00February 14th, 2019|2019, Global Edition – February 2019|

Indian business group LuLu, headquartered in Abu Dhabi, recently made its European entry with a hospitality deal in Zurich. The LuLu Group has announced its entry into mainland Europe with a new agreement with a Switzerland-based real estate company to develop a new four-star hotel in the Swiss city of Zurich. Twenty14 Holdings (T14H), the hospitality investment arm of Abu Dhabi based LuLu Group International, said that it has entered into a forward purchase contract with Necron AG for the upcoming IntercityHotel Zurich Airport [...]

Unlocking second homes: An alternate approach to homestays in India

2018-08-20T10:22:39+00:00November 29th, 2017|2018/2017, Cover Story, India Investment Journal November Edition, Year|

India’s diverse holiday destinations have thousands of locked second homes that can become fully managed vacation rentals, writes an Indian hospitality industry insider. India has always had very strong tourism potential given our rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty that are spread across the country. And with a growing economy and ever-increasing government initiatives like ‘e-Tourist Visa’, ‘Digital India’, ‘Make in India’ etc, there has been an almost simultaneous increase in demand [...]