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NEWS| Carlson Hotels Worldwide Adds 74 Hotels to its Global Portfolio in 2007

CarlsonCarlson Hotels Worldwide today announced strong growth and financial results for 2007, adding a total of 74 hotels to its five brands globally and achieving record systemwide revenues of nearly... $7 billion, a 13 percent increase over the previous year. The year was highlighted by major global initiatives including a significant new investment in the Rezidor Hotel Group which operates four of the company’s brands in Europe, the Middle East and Africa (EMEA). Carlson now owns 41.7 percent of Rezidor.

Of special note in the company’s 2007 global expansion are several showcase properties including The Regent Palms, a preeminent luxury resort in Turks & Caicos in the British West Indies; a destination Radisson resort on Denarau Island in Fiji; a high style Radisson SAS hotel in Marseille, France, and a contemporary new Radisson Edwardian hotel in London’s burgeoning New Providence Wharf business district.

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NEWS| Intl| Carlson Hotels Worldwide Names Bjørn Gullaksen to Lead Regent Luxury Group

Carlson Hotels Worldwide today announced the appointment of veteran hotel industry executive Bjørn Gullaksen as President of The Regent Luxury Group.
The appointment was announced by Jay Witzel, president and CEO of Carlson Hotels Worldwide.

Gullaksen, who is ...

currently serving as executive vice president of managed hotels and resorts for Carlson Hotels Worldwide – The Americas, will continue to oversee those operations in addition to taking on leadership responsibilities for the global Regent brand.

A hospitality industry veteran with more than 30 years of experience, he previously has served as the company’s executive vice president of Full Service Hotels, including Radisson Hotels & Resorts and Park Plaza Hotels & Resorts.

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NEWS| Choice Hotels Opens 34 New Hotels In January

Choice Hotels International (NYSE:CHH) continues to grow with the announcement of 34 newly-opened franchised properties during the month of January. The openings include hotels in 17 states and territories and 5 countries, adding more than 2,800 rooms to the company's existing 450,000-plus rooms. Select properties that opened in January.

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JOBS| Fine Dining Restaurant

Company Name MAGIQUE

City Delhi

Company Profile| A Highly Reputed 100 Cover Fine Dining Restaurant in South Delhi requires the following:

Job Description :
Minimum 3-5 years experience as a Manager in a Fine Dining establishment. Preferred age 30-40 years. Salary no bar for a suitable candidate.

Job Description :
With good command of English, minimum 3-5 years of fine dining experience.

Job Description :
With good spoken and written English, having minimum 1 year of experience in any reputed food outlet.

Contact ...

Email Resume to|

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NEWS| Prestige Group and CapitaLand to develop retail projects

Bengaluru-based real estate major Prestige Group has entered into a joint venture with Singapore-based CapitaLand Retail to develop retail projects in India. Initially, they will develop standalone or mixed use malls in Bengaluru, Hyderabad, Kochi, Mangalore, Chennai and Mysore under the ‘The Forum’ brand. These projects are expected to be completed between early 2009 and 2011.

A total leasable area of...

... 5.27 million sq ft and approximately 4.0 million sq ft of retail space will be developed at a cost of Rs 29 billion. “The plans have been drawn up and we are in the process of getting sanctions for the building plans of the various projects,” says Neeraj Duggal, Vice President – Retail Development, Prestige Estates Projects Pvt Ltd. Of the seven projects, CapitaLand has signed agreements for two projects in Bengaluru, one in Mangalore and one in Mysore. The agreements for the other three projects are expected to be signed soon.

The company will tie up with local partners for each of these projects and they will have a stake in the projects depending on the cost and type of project. For example, for the Hyderabad project there will be a tie-up with Sujana Group and the one in Mangalore will have a tie-up with Fiza Group. The mixed use mall will sport a mall, serviced apartments, a hotel and office space. This combination will depend on the local requirements and available land area.

“Our initial focus will be on South India. We will look at other cities depending on the success of these projects,” informs Duggal. Prestige will be responsible for sourcing the land, design and management of the mall. CapitaLand will handle asset planning, marketing, leasing strategy, financial strategy, exit plans and implementation of the project. Both partners will have equal stakes in all the JV projects.

That apart, the two companies plan to jointly set up a mall management company to manage these projects. CapitaLand has the right of first refusal for all the future retail projects based on factors such as the merit of the project, location and so on.


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NEWS| Niho to develop five star hotel in Jamnagar

In negotiations with groups like Holiday Inn and Le Meridian to operate the hotel

Niho plans to develop a five star hotel project in Jamnagar, Saurashtra. It will cater to Reliance and Essar oil executives as well as high-end tourists travelling to Dwarka, Gujarat.

New Delhi-based Niho Construction plans to set up ...

Scottish City Centre (SCC), an eight lakh sq ft property at an investment of around Rs 250 crore. It will include a five star hotel project. “With 95 per cent occupancy round the year in city hotels, many of which lack proper facilities for travelling executives, there is a higher opportunity for the hotel industry’s growth in Jamnagar,” says Deepak Parmar, Business Head (Gujarat), Niho Construction. According to Parmar, the group is in negotiations with hotel groups like Holiday Inn and Le Meridian to operate the hotel.

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NEWS| KCP plans to diversify into hospitality

Project investments to the tune of Rs 390 crore

Chennai-based KCP Ltd has announced plans to diversify into the hospitality industry and expand its existing cement and foundry lines of business. The investment in this ...

Rs 390 crore expansion programme will be divided; 30-40 per cent will be funded through internal accruals, while the remaining will be borrowed.

According to VL Dutt, Chairman, KCP Ltd, the company is looking at exploiting real estate and already available resources, through these projects. The company plans to set up an 80 room hotel at Somajiguda, Hyderabad by October 2009. At an investment of Rs 40 crore, it will be a three star plus property. Management contracts with hotel chains will be set up, once construction work is complete.