08.25.06
Posted in Review, News, Government, Prices, Travel & Tourism, Real Estate at 4:00 am by Mridul
DDA bidding hotel lands at unreasonable prices
In a study of the land auctions to be done in Delhi for the Commonwealth games in 2010, The Delhi Development Authority (DDA) has grand plans to cope with this shortfall, by carving out specific areas for building hotels. The DDA is looking to make at least Rs 2,669.13 crore - as indicated from the reserve price - from the auction of 10 hotel sites on September 25, 2006.
Delhi at present is short of approx 22000 rooms for the Commonwealth Games and the DDA has planned to auction many sites. Most of these sites are actually not located at nice location from the tourist point of view. The sites at Shalimar Bagh and Wazirpur will not be preferred by tourists visiting Delhi during the Commonwealth Games, as they are not in proximity to the airport and popular tourist spots. So how these hotel even after getting the lands at such high prices will break even. The DDA should think over these facts and should think on making these hotels viable. If the cost of land and Building will be high, then it will affect the average room rate (ARR) of the Hotels which will directly affect the guest for the Commonwealth Games.
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08.21.06
Posted in Review, News, India, airlines, Travel & Tourism at 7:32 am by Mridul
Air Sahara expanding bases to 14 more cities
Air Sahara, one of the most preferred airlines in India has announced an expansion plan to 14 cities across the country. The company must have already lost much market share because of the news of takeover by Jet airways, so this step seems to regain and show the presence into the market. The airline will add 66 new flights over the next four months, as four new aircraft, Boeing 737-800, join the fleet by the year-end. When this expansion plan falls into place, Air Sahara hopes to regain its pre-merger market share of around 12-13 % by early next year said Air Sahara President Alok Sharma. With this expansion plan, Air Sahara would be connecting Delhi to six international destinations in addition to its code-share flights with American Airlines.
“As far as pilots are concerned, 50 per cent of those who had resigned in the aftermath of the merger with Jet Airways, have resumed their duties with us and more were expected to come back,” Sharma said.
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08.20.06
Posted in airlines, Information Technology, Travel & Tourism at 7:24 am by Mridul
Spice Jet starting online hotel / reservation service
Spice Jet in collaboration with Yatra Online has launched a dedicated online web hotel reservation service for its customers. Initially, the reservation will be allowed for 13 cities only and will be extended to more cities soon. The service will offer rooms to passengers of any airline in about 100 hotels ranging from two to five star in 13 major cities. Spice Jet plans to boost its bottomline by increasing revenue from the anicillary services. Low-cost carriers in the US and Europe earn quite a chunk of their revenues from ancillary actvities like hotels, car rentals, credit cards, cancellations and re-bookings.
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