Marriott International, in a management agreement with Uppal Hospitality, plans to launch a 206 room JW Marriott hotel in Gurgaon. The hotel, which is located on the Delhi-Jaipur highway, is expected to open in mid 2009.
The hotel will offer a spa and fitness centre with gym, an outdoor swimming pool, pool bar, gift and retail shops, business centre, executive lounge and 1, 220 sq m of meeting space. A 400 sq m ballroom will be available for meetings, as well. F&B options comprise a casual restaurant, two specialty restaurants and a café-deli. Other amenities include a bar and a lobby lounge.
Marriott has 24 properties in various stages of development. Five properties will come up under the JW Marriott Hotels luxury brand; one hotel under the Ritz Carlton umbrella; 11 Courtyard by Marriott projects will launch in the upper-moderate segment; three Renaissance hotels and two Marriott hotels are scheduled for the upmarket, deluxe section and two luxury Marriott Executive Apartment properties will cater to long stay travellers.
Source : travelbizmonitor.com
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Westins second property in the NCR region will be soft launched in September 2009, near IIFCO Chowk, Gurgaon. The business property will cater (90 per cent) to corporate travellers.
Speaking with Hospitality Biz, San Amalan, General Manager, Westin New Delhi, Gurgaon, said, According to plans, the property should be ready for a soft launch in September 2009. Other than this we would like our guests to enjoy an excellent F&B experience. The 310 room hotel houses one presidential suite, three basement car parks, one ballroom with 400 persons sitting capacity, six meeting rooms and executive suites on every floor. Executive
Risks associated with property transactions in India could reduce with at least three insurers submitting details of the property title insurance products they wish to launch to insurance regulator Insurance Regulatory Development Authority, or Irda.
People familiar with the submissions said ICICI Lombard General Insurance Co. Ltd, National Insurance Co. Ltd, or NIC, and HDFC Standard Life Insurance Co. had filed details of their products with Irda as any company wishing to launch an insurance product here is required to. Executives at ICICI Lombard and NIC confirmed the submissions. Executives at HDFC Standard Life Insurance could not be reached for comment.
The
Global index provider Standard & Poors on Monday announced the launch of S&P Asia Property index for providing investors with diversified and investable exposure to the Asian property market.
The index is a subset of the S&P/Citigroup Global Property Index, which consists of more than 400 stocks and would provide liquid exposure to the publicly-listed companies in the Asian property and real estate markets.
The index comprises of 40 listed Asian property companies and would be used by banks and asset management companies to create retail investment products, a S&P release said.
More : economictimes.indiatimes.com
Indian cricket team captain Rahul Dravid presenting the free tickets to the children from NGOs, on the occasion of Air Sahara's announcement of its inaugural New Delhi-London flight.
In a touching gesture, Air Sahara has decided to fly a few underprivileged children to London on its maiden flight to the British capital.
The private carrier, sponsors of the Indian cricket team, officially announced the launch of the flight here on Wednesday beginning January 6.
And as part of its launch initiative, shaped by the slogan `travel, explore, learn and excel', Air Sahara will choose 15-20 underprivileged children for the flight.
`Salaam
Indian cricket team sponsors Air Sahara today announced their maiden flight from New Delhi to London beginning from January 6.
As part of their launch initiative, shaped by the slogan 'travel, explore, learn and excel', Air Sahara would choose 15-20 underprivileged children every year and fly them between India and all international destinations that they connect.
'Salaam Balak' and National Children's Home for Kids, NGOs in New Delhi and London, have been chosen for the first ceremonial exchange of young people between India and UK.
"It is a unique and interesting concept. Travelling has taught me more than anything else,"
