Hotel Business Review - September - October 2019

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The demand and supply gap in India is visible in Mid-segment / budget hotels and there is need for more hotels. Cover story examines various aspects of the midmarket segment and finds that macroeconomic data suggests that the road ahead will be bright. Business story takes a look at the fast changing scenario and the increasing importance of revenue management, whose role is being perceived more as profit generating rather than managing revenueThe feature story finds how hoteliers are strategising to take the major share of young adults by offering them unique experiences. Current issue focus on how entrepreneurs in wellness industry and hospitality industry take the challenge for effectively tapping the growing demand of this vertical. In the management section read about the key traits that make for a noteworthy Hotel PRO..
We wish all our esteem readers Happy & Prosperous Diwali and 550th Birth Anniversary of Shri Guru Nanak Devji.

HPMF Convention At Kochi

The 9th edition of the annual convention of Hospitality Purchasing Managers’ Forum (HPMF) and the 7th edition of Procurement Excellence Awards 2019 was organized at Grand Hyatt in Kochi, recently.

3 mins

The Rise Of Economy Hotel Segment

Factors like surge in middle class, increase in business and leisure travel, higher economic growth, urbanisation etc. have resulted in bolstering mid-market or mid-priced (often referred to as economy/budget) hotels in India’s hospitality sector. Historically, the midmarket hotels fell short on standardisation. However, things have changed. Over the years, a more uniform product profile with product coherence and consistent hotel specifications have been observed with several international brands entering the market. The past few years have seen an influx of about two dozen mid-market brands. This has been mainly due to the expanding domestic tourism, increasing foreign tourist arrivals, forex earnings growth etc., which has put the Indian hotels industry – particularly the mid-market segment – on an upswing. Ashok Malkani examines various aspects of the midmarket segment and finds that macroeconomic data suggests that the road ahead will be bright.

10+ mins

Revving Up The Revenue

Revenue is extremely essential for the progress of any industry. Revenue management in the hospitality industry is undergoing a constant change, with the evolution of technology. Besides earnings from room rents, Revenue management is forecast to expand to other avenues like restaurants, room service, laundering, etc. in the hotel industry. Ashok Malkani takes a look at the fast changing scenario and the increasing importance of revenue management, whose role is being perceived more as profit generating rather than revenue managing. The focus on profit is expected to increase as revenue managers use new methods to better understand customers and improve margins. As hotels compete with their rivals the role of revenue management is expected to play a more dominant role in the progress of a property

10+ mins

Travelling For Health

India’s immense tourism appeal and potential are not only because of its natural splendours, historical legacies, deep religious resonance and its exciting wildlife and adventure offerings.

6 mins

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Hotel Business Review Magazine Description:

Today hotel professionals in India are seeking innovative strategies to grow their business along with new ideas and opportunities and current issues that affect their companies. This includes strategies in managing successful hotel operations, knowledge of purchasing products and services and other business opportunities and know-how. They want accurate, reliable, unbiased information from a company they can trust. 
“Hotel Business Review” covers front and back of the house facilities and general hotel management along with regular features. All aspects of successful hotel management, with specific case studies reflect through the articles featured. Unlike other magazines aimed at the hospitality industry, “Hotel Business Review” retains its unique niche as the only magazine devoted exclusively to hotels.
Hotel Business Review - the first and only bi-monthly magazine exclusively focused on the Indian hotel business. The magazine provides exclusive editorial content with a specific objective to produce valuable information sources, to assist hotel executives in maximizing their business. It offers fresh information on leadership styles and management techniques to key decision makers in the hotel business. 
The editorial focus is on Trends, Business, Technology, Engineering, Equipment, Design, Food & Beverage, Sales & Marketing, Manpower & Training and Finance. 
The circulation of the magazine offers maximum qualified respondents with the highest volumes of purchases. The primary focus is on Corporate Management, Projects & Facility Planning and top-end Operational Management of the business. 
The readers are Owners, Directors, CEOs, Vice-Presidents, Corporate Heads (Chains), Project Managers, Facility Planners, General Managers, Executive Engineers, Materials Managers, Consultants; the key people seeking information to compete in the market place. The magazine serves hotels, resorts, spas, clubs and offices of corporates / franchise/ chains / developers / consultants / architects / engineering and design institutions.