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Showing posts from August 13, 2008

SHARE| Hotels Coming up in Delhi?

Economic Times reports that|

As per government estimates, the number of hotel rooms required in the national capital region (NCR) for the Commonwealth Games 2010 is about 40,000. Currently the room supply by branded hotels in five star, mid -market and no frills categories in the region is just 7,000-8,000. Analysts believe that even if you add non-branded hotels in areas like Paharganj it takes up the total room count in NCR to no more than 15,000. And even if you add another 5,000-6,000 additional branded rooms that are expected to be built before the Games, that still leaves NCR with a shortfall of around 20,000 rooms!
If you know which hotel project is on in Delhi, what is the size, ownership, brand and more importatantly the status, leave your comments or write to editor@hospemag.com

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PEOPLE| Ted Teng Named New President, CEO of LHW

LHW announced the appointment of Ted Teng as the new President & CEO of Leading Hotels of the World.

Teng brings with him thirty years of experience in the global hospitality industry. He currently manages his own hotel investment and operations firm, Prime Opus Partners LP, which he founded in 2006. Prior to that, Teng was the president, chief operating officer of Wyndham International Inc., where he oversaw the core branded hotel products, as well as the company’s third-party management operations, comprised of over 200 properties generating US$2.5 billion in annual revenue.




Before joining Wyndham, Teng served as president, Asia-Pacific, for Starwood Hotels & Resorts Worldwide Inc., overseeing the integration of that company’s branded hotel operations in the region. He was responsible for the operating and financial performance of over 70 hotels and resorts in 17 countries. Teng was formerly the president of Asia-Pacific for Westin Hotels, where he was credited with having …