Bengaluru civic body implements regulations for paying guest accommodations
Author : PNT Bureau
In response to numerous grievances lodged by resident welfare organizations and citizen groups, the Bruhat Bengaluru Mahanagara Palike (BBMP) has taken decisive action to regulate paying guest accommodations. This initiative addresses concerns voiced by the community, highlighting the transformation of residential neighbourhoods into burgeoning commercial zones due to the increasing prevalence of PG accommodations. The move by the civic body aims to strike a balance between residential and commercial interests, safeguarding the character of local communities amidst a surge in the number of paying guests in the city....
Ginger's Spicy Expansion: IHCL plans 24 new affordable hotels across India
Author : PNT Bureau
Indian Hotels Company (IHCL), renowned for the Taj brand, is set to expand its affordable brand Ginger hotels with 24 new properties. The expansion responds to robust travel demand, targeting cities like Agra, Ahmedabad, and Goa. IHCL plans to enhance Ginger's footprint from 40 to 60 cities, adding 10 hotels annually. Post expansion, Ginger would have 86 hotels driven by a lease model spanning 10-30 years. Despite a decrease in net revenue, Ginger's enterprise revenue surged to INR 360 crores in FY23. The hotel chain remains focused on domestic growth, excluding international ventures as of now....
Aamby Valley's legal odyssey: Sahara Group's battle for control amidst title tussles
Author : PNT Bureau
The Sahara Group is embroiled in a protracted legal battle, primarily centred around its Aamby Valley City, a sprawling property near Mumbai and Pune. The legal disputes stem from financial complexities involving Optionally Fully Convertible Bonds (OFCBs) and resulted in the Supreme Court's intervention, leading to attempts to auction Aamby Valley. However, numerous hurdles, including title issues, complicated the liquidation process. The Bombay High Court is currently the focal point for resolution. Despite these challenges, Sahara Group asserts control over its real estate assets, emphasizing its commitment to navigate legal complexities and safeguard its valuable holdings....
IHG expands in Chandigarh with two hotels - Crowne Plaza and Holiday Inn & Suites
Author : PNT Bureau
IHG Hotels & Resorts, a leading global hotel company, has inked a management agreement with NK Sharma Hospitality Pvt Ltd for the development of two new hotels in the Chandigarh tri-city area - Crowne Plaza Chandigarh Zirakpur in the premium segment with 150 keys and Holiday Inn & Suites Chandigarh Zirakpur from the essentials collection with 200 keys. The hotels are set to open in January 2027 and are strategically located adjacent to National Highway 22 for easy accessibility. The hotels will offer extensive banqueting facilities with approximately 100,000 sq ft of meeting space, poised to cater to weddings, conferences, and events. Guests of both hotels will enjoy benefits from IHG’s loyalty program - IHG One Rewards....
Hindujas look to acquire more heritage hotels following UK's OWO
Author : PNT Bureau
The Hindujas, renowned for their diverse business ventures, made a significant mark in hospitality with the acquisition and transformation of the OWO (old war office) building into the prestigious Raffles Hotel. Their strategic vision and commitment to preserving heritage led to a meticulous seven-year project resulting in a luxurious blend of heritage and modernity. While not aggressively expanding, the Hindujas remain open to unique opportunities globally, emphasizing quality and distinctiveness. Sanjay Hinduja and Shalini Hinduja's hands-on approach underscores the family's dedication to unparalleled luxury experiences, positioning them as pioneers in the hospitality industry....
VLCC's Rs 100 crore investment for reinventing beauty, wellness, and digital presence
Author : PNT Bureau
Beauty and wellness giant VLCC is set to invest approximately Rs 100 crore in revamping existing clinics and expanding its outlets, focusing on both physical and e-commerce channels. The company, boosted by a strong financial performance, has witnessed over 100% growth in customer acquisition. With recent acquisitions like men's grooming brand Ustraa and a strategic investment by Carlyle, VLCC aims to strengthen its position in the beauty and personal care sector, betting on sustained growth and product innovation. The company is open to additional inorganic growth opportunities, eyeing a diverse and dynamic market....
Bandra-Kurla Complex: The rise of Mumbai's luxury district
Author : PNT Bureau
Over the past three decades, Mumbai's Bandra-Kurla Complex (BKC) has undergone a remarkable transformation from an empty marshland into one of the city's most coveted commercial districts. BKC has evolved into a thriving hub for offices, retail, food, entertainment, and luxury living. Notable brands like Apple, Louis Vuitton, Gucci, and others have established their presence in BKC, contributing to its status as a prime location. The area has become more than a business district, offering amenities like restaurants, bars, multiplexes, high-end residential projects, cultural centres, hospitals, schools, and five-star hotels. BKC stands as a symbol of Mumbai's dynamic urban progress....
Reliance Retail launches standalone art and craft store Swadesh in Hyderabad
Author : PNT Bureau
Reliance Retail has introduced Swadesh, a premium-to-luxury store in Hyderabad, dedicated to promoting India's traditional arts and crafts. Spanning 20,000 to 30,000 sq.ft., Swadesh offers handmade textiles, handicrafts, agricultural products, jewellery, and more. The store emphasizes preserving India's artistic heritage and plans to collaborate with a million artisans by 2025. Swadesh aims to establish ten stores in Indian cities and expand internationally to the US and Europe, integrating with JioMart. As the ethnic handicrafts market grows, Swadesh's entry provides consumers with a unique, upscale shopping experience, celebrating India's diverse artistic traditions....
FDA issues 'stop work' notice to BKC restaurant for violating rules
Author : PNT Bureau
Mumbai's Food and Drug Administration (FDA) has intensified inspections, leading to the closure of 18 restaurants, including Burn-Bar and Kitchen, for hygiene violations. The FDA's crackdown highlights the importance of adhering to food safety regulations for public health. Violations at Burn-Bar and Kitchen included expired goods, synthetic food colour use, and inadequate segregation of vegetarian and non-vegetarian items. The FDA's vigilance, despite manpower challenges, emphasizes the city's commitment to stringent food safety standards. In a separate operation, the FDA collaborated with the police to dismantle a milk adulteration racket, reinforcing the agency's dedication to food integrity....
Fortune Park Aligarh, ITC’s landmark entry in the historic city of Aligarh
Author : PNT Bureau
Fortune Hotels, a part of ITC's hotel group, has inaugurated Fortune Park in Aligarh, marking its fourth establishment in Uttar Pradesh. The hotel boasts 65 well-designed rooms with modern interiors and top-notch amenities. The hotel features spacious banquet areas, cutting-edge facilities, and gourmet options, catering to diverse events. Located conveniently near key landmarks, the hotel ensures easy access to prominent attractions and business centres. With this launch, Fortune Hotels expands its presence in Uttar Pradesh, complementing its existing hotels in Lucknow, Noida, and Ghaziabad....
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