From the desk of Strategic Resources
For any query, discussion or feedback, please contact Pavan Chandra, Head of Strategic Resources at pchandra@zenithoptimediaindia.com, +91-124-4195100. Office Address : 10th Floor, Vatika Tower, Block-B, Sector 54 Gurgaon -122002, Haryana, India.
Volume: XI February, 2008

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Ringside is a report that provides an overview of happenings in categories of Airlines, Alcohol, Cars, Computers, Consumer Durables, Financial Services, Food and Beverages, Hotels, Real Estate, Retail, Telecom Service Providers, Two-wheelers, Skin Care and Athletic Shoes.

Each of these will have sections on 1. Sales and market share 2. Trends 3. Launches 4. Advertising campaigns

Navigation is easy. Simply click of any of the categories of interest to you and you will have the latest news in front of you.

Drop in a mail at pchandra@zenithoptimediaindia.com  with your suggestions and comments.


 

 

 

Hotels

Share Prices

 

 

 

 

 

 

Sales and Market Share

 

 

 

Source: Euromonitor Report- Travel and Tourism - India- September 2006



 

Trends, Marketing Initiatives and Others

 


 

57. Parsvnath Ties Up With ITC Arm To Run 50 Hotels – February 05

Parsvnath Hotels enters into strategic tie-up with Fortune Park Hotels

On 4 February, 2008, Parsvnath Developers’ subsidiary Parsvnath Hotels Ltd, signed a memorandum of understanding (MOU) with Fortune Park Hotels Ltd, a wholly owned subsidiary of ITC Ltd, to manage 50 of hotels (20 five-stars, 20 four-stars and 10 three-stars and budget hotels) across India till 2011-13. Under the agreement, Parsvnath Hotels would own and develop the hotels, while Fortune Park Hotels would manage them. The hotels would be run under the brand names of Fortune Select, Fortune Park, Fortune Inn and Fortune Faith.

 

Source: The Hindu Business Line

 

 

 

58. Royal Orchid To Take Signature Restaurants, Pubs Across Hotel Brands – January 01

Royal Orchid to expand its signature restaurants across its hotel formats

Royal Orchid Hotels Ltd (ROHL) plans to take its signature restaurants such as the Tiger Trail (Indian cuisine), Ginseng (Chinese), Paparazzi (roof-top restaurant) across its various hotel formats, and is set to unveil a new pub. Presently, the company has 10 properties in five categories of hotels —5-star Royal Orchid, 4-star Central, the deluxe 4-star Ramada, Resorts and Spa and Suites — and is set to double its room capacity by 2010.

 

Source: The Hindu Business Line

 

 

 
 
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