Luxury Hospitality Getting Redefined - OFFICIAL PUBLICATION OF HOTEL & RESTAURANT ASSOCIATION (WESTERN INDIA) - HRAWI
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JANUARY 2021 Vol: 2 Issue 11 Pages 36 `20 OFFICIAL PUBLICATION OF HOTEL & RESTAURANT ASSOCIATION (WESTERN INDIA) FOR PRIVATE CIRCULATION ONLY Luxury Hospitality Getting Redefined
My Dear Member’s, etc for top of the line guest experience. G reetings in the 70th year of the Hotel & The year gone by, has instilled a sense of respect Restaurant Association Western India! and understanding towards the effects that one As we step into the year 2021, I seize this had no control of ! Though the year 2020 for the oppurtunity of wishing you and your families a Hospitality has been slow and is turning the corner Very Happy New Year with good health wealth hopefully towards improvement; it is necessary and happiness always. that we resets our existing businesses and think out of the box so that one sees a positive recovery 2020 will be remembered, as the year that in the year ahead. changed the world as we knew it, in more ways than one. The Hospitality sector was optimistic Friends, there is no doubt, that our Industry as we commenced year 2020, as 2019 was a has readjusted its strategies to survive & stay record year, however, the onslaught of COVID-19 afloat. The ray of light during these uncertain unfortunately drove the sector into a tailspin. times, was that, the crisis compelled hoteliers The pandemic virtually brought the world to a & restauranteurs to think out of the box & standstill, due to the world-wide travel restrictions find innovative ideas such as food delivery, DIY and lockdowns. signature meals, laundry to housekeeping and offering services to guests in the comfort of their The government started easing the lockdown offices and homes. restrictions in June 2020 to restart economic activity, with several strict guidelines and The Covid-19 Pandemic has effected every Industry protocols in place; however, due to differing rules and so also Hospitality sector which is evolving across States, the Hospitality Sector (Hotels & and has altered the way it functions and operates. Restaurants) was amongst the last few businesses With the gradual pick-up on the domestic travel to reopen. . Ever since then your Association based on the easing of the lockdown as per the has been persistently communicating with the government guidelines, the Industry is taking government bodies to review current status innovative measures to keep up with the demands and the difficulties the Industry is facing & to of the guest. The most important being our pargamaticallly address the concerns that our responsibility towards ensuring guest safety and Industry deserves. always keeping into mind the highest standards of safety and sanitization as per the protocols. As our Sector has gradually started to open their doors to guests the Hotels & Restaurants have Even as concerns of fresh virus break and a new implemented the best sanitization, Hygiene, stain in the UK mount, the news of Vaccine’s, has and cleanliness practices, parallel to hospitals, definitely fuelled a sense of hope across the Globe. from using hospital-grade disinfectants & PPE Friends, while we have ushered 2021, with lots of to safety accreditations, hotel, leveraged various optimism, faith and hope, we expect 2021 to be a methods to reassure guests and rebuild travelers crucial year for the hospitality sector, as we come confidence. Today’s guest is influenced by the out from the disruptions and get on the path to impact of covid-19 and what was relevant to the recovery. Let us put the Last few months behind guest yesterday is now extremely necessary that us and look forward to better days ahead!! the Industry in general implements the best Sherry Bhatia hygiene within hotel rooms, kitchen, public areas President - HRAWI
JANUARY 2021 Contents PRINTER, EDITOR & PUBLISHER Siji Nair* sijicn@gmail.com SECRETARY GENERAL Aspi Nallaseth EXECUTIVE EDITOR Prasad M. ASSOCIATE EDITOR N. Vijayagopalan MANAGER-MARKETING Sreekanth K.S. ASST MANAGER-MARKETING Sibu Nair DESIGN Naveen A National Representatives Mail: today.hra@gmail.com Mumbai : Raveendran Kolkata : Priya Kundu : Subramaniam Chennai Indian Hospitality and Bangalore : Hans Injackel 06 International Representatives Mail: today.hra@gmail.com Tourism Industry in the Post- Muscat, Oman Dubai, UAE : Dr. Sanjaiyan : Binoy Syama Krishna COVID Scenario Abu Dhabi, UAE : Sabari R Nair London, United Kingdom : Narendra Shah 08 Luxury Hospitality Getting Zurich, Switzerland : Johnson Pereira KL, Malaysia : Sudarshan Singapore Seattle, USA : Roshan Fernandez : Pramod Manjali Redefined Kuwait : Jayashree Ganga Prasad Doha, Qatar : Raghesh : Abraham George 12 Cost Control Without Dilution Düsseldorf, Germany Sydney, Australia : Rakesh Devadas Christchurch, New Zealand : Sony Jose Canada : Shinto Mathew in Guest Safety This issue of HRA Today contains 32+4 pages cover All information in the HRA Today is derived from sources, which we consider reliable and a sincere effort is made to report accurate information. It is passed on to our readers without any responsibility on our part. The publish- er regrets that he cannot accept liability for errors and omissions contained in this publication, however caused. Similarly, opinions/views expressed 14 Delivery SSSG (Same Store by third parties in abstract and/or in interviews are not necessarily shared by HRA Today. However, we wish to advice our readers that one or more Sales Growth) to be a key recognised authorities may hold different views than those reported. Material used in this publication is intended for information purpose only. Readers are advised to seek specific advice before acting on information contained in this driver for the organised F&B publication which is provided for general use, and may not be appropriate for the readers’ particular circumstances. Contents of this publication are copyright. No part of HRA Today or any part industry (QSR chains) of the contents thereof may be reproduced, stored in retrieval system or transmitted in any form without the permission of the publication in writing. The same rule applies when there is a copyright or the article is taken from another publication. An exemption is hereby granted for the extracts used for the purpose of fair review, provided two copies of the same publication are sent to us for our records. Publications reproducing material either in part or in whole, without permission could face legal action. The publisher assumes 22 Appointments no responsibility for returning any material solicited or unsolicited nor is he responsible for material lost or damaged. This publication is not meant to be an endorsement of any specific product or services offered. The publisher reserves the right to refuse, withdraw, amend or otherwise deal with all advertisements without explanation. All advertisements must comply with the Indian and International Advertisements Code. The publisher will not be 24 Brands liable for any damage or loss caused by delayed publication, error or failure of an advertisement to appear. HRA Today monthly is Edited, Printed and Published by Siji Nair, R M Nivas, TMRA F 6 Pangappara (PO) Thiruvananthapuram Pin 695 581. Published from Thiruvananthapuram, Printed at Akshara 26 News Offset TC 25/3230(1), Vanchiyoor, Thiruvananthapuram 695 035. Owned by Hotels and Restaurants Association (WI), Editor- Siji 5 Nair RNI No. DELENG/2018/76917 * Responsible for selection of news JANUARY 2021 HRA Today under the PRB Act.
TOURISM & HOSPITALITY Indian Hospitality and Tourism Industry in the Post-COVID Scenario Our Bureau T he hospitality industry in or mechanized for now. The new tourist. Foreign visitors are likely India is passing through a scenario has necessitated those to remain less for some more transformation phase and in the sector to acquire additional time. The local guests are more evolving to the contemporary skills or even re-skill themselves for prone to go for short weekend needs as they resume services after the safety procedures. The managers stays and may return in a higher lockdown. The central and state have to closely study the market frequency. Tourism departments governments have issued standard trends. The finance department are already promoting ‘short operating procedures. A transition would need to ensure that the safe stay’ at the popular getaway driven by a strong awareness is ‘safety protocols’ do not make the destinations. The effort has met visible at the hotels, restaurants visitors stay awkwardly expensive. with reasonable success as the and eateries. The security scan at There will still be things such as number of such short term visitors entrances has become scientific. travel restrictions and infection has been steadily increasing. Upto Thermal screening and sanitization prevalence in the local city that 40 percent occupancy has been find a place among the checks. would stay beyond control or vision reported from tourist cities on Lobbies are being sanitized more of the tourism and hospitality the Indian Independence Day. often. Staff have become more stakeholders. The sector thus must Such package deals for weekend cautious than before. return to a ‘new normal’ with baby getaways will continue to attract steps. visitors from nearby cities looking Many services have already become for a break from the day-to-day contactless, though there are many The emerging scenario will have routine. Individual hotels/resorts more that cannot be robotized an increased emphasis on the local or state departments may design 6 HRA Today JANUARY 2021
similar packages to suit needs of the some quality time with friends and 14,99,417 compared to 13,94,347 potential tourists. family in a protective environment. during January 2019, an increase The heritage and theme hotels and of 7.5 percent as per official data of These visitors, local or foreign alike luxurious resorts may come as their ministry of Tourism Government would prefer a destination where first preference if provided with the of India. they can be assured of the safety set of other desired facilities. standards. Increase in area per However, even as much the gov- cover, partition per table outdoor The hospitality and tourism sector ernment may like the industry to seating, live cooking for guests to definitely has a lot on its platter regain its lost volume and turnover, see every step of food production, of consideration. They aspire for a it has its own limitations. They use of digital menus, disposable stimulus package from the govern- might not be able to waive the crockery and cutlery napkins, ment to help retain its lost glory. travel and gathering restrictions drive through online food delivery After all, the industry in India as the industry might wish or even and take outs are going to be the accounted for 8.1 percent of jobs arrange funds to suffice for a stim- order of the day. For businesses and 9.2 percent of GDP in 2018. It ulus package in accordance to the travellers, city hotels may continue has survived through the hiccups industry needs. to be boarding and lodging places of global recession in 2007-9, the As uncertainty prevails on the only this time with strict SOPs for H1N1 pandemic of 2009-10 and future of the industry and millions Covid-19, however, leisure travel even the recent downtrends in employed in the services, few rays is going to be resort centric with the world economy. It even had of hope emerge from promising a lot of open space. Among this displayed an uptrend in beginning news coming from abroad. Vaccines may also be a class of those that of 2020 as in month of January it of many drug companies are now in might not be feeling explorative registered Foreign Tourist Arrivals final stages of development and by enough but are looking to spend (FTAs) including FTAs on e-Visa of the end of the year several countries are expected to begin the vaccina- tion program. World Travel and Tourism Council is also devising the new travel protocols in consultation with various stakeholders and travel industry associations as confidence building measures and to set clear expectations and compliances for travellers including ‘Immunity Passport’ for Tourists to confirm presence of Covid-19 Antibodies. The fact that almost 90 percent of the domestic hotels in China have resumed business and that the Wu- han province of the country, which reported the first outbreak of the virus is now returning to normal, is also an assurance of a better to- morrow for the industry. It is being assumed that by the winter season of 2021-22, business will be as usual for the Hospitality Industry in India. Once again there will be tour- ists arriving from all over the world to explore the mystic magnificence of India, its rich culture and grand heritage. The tourist would return but safety procedures are here to stay, the industry for now needs to display resilience and innovation along with its spirit to provide a safe and comfortable experience for the guest. (Courtesy: Bhartiya Skill Development University, Jaipur) JANUARY 2021 HRA Today 7
T he third quarter of 2020 saw Covid-19. The brands were of Rs 1,58,113 crore in 2019. the luxury hotel space not stepping up their game to live up Additionally, the occupancy rate in only stepping up its game to the expectations of the evolving 2020 is likely to fall 31.6 percent by tapping into new opportunities consumers. But the pandemic wave while Revenue Per Available Room thrown open by the pandemic but brought bitter experiences for the (RevPAR) down by 57.8 percent. also kept its penchant for guest sector, with lockdown leading to satisfaction intact for the guests. The past five months witnessed zero revenue scenario. The hotels each and every hospitality brand In hospitality sector, the across the globe had to redefine coming up with their own hygiene word ‘luxury’ is synonymic to their business models to survive and safety protocols to combat ‘personalised guest experiences’ in a hitherto unconfronted crisis. the covid-19 outbreak. ‘WeAssure’ right from check-in to check-out. The spread of the pandemic has initiative of ITC Hotels, ‘Tajness’ A luxury hotel provides opulent left businesses counting costs initiative of Indian Hotels Company experiences which are not limited and industries pondering on the Ltd (IHCL), ‘SURAKSHA’ initiative to the amenities and services but roadmap to recovery. According of The Leela Palaces, Hotels and go much beyond. The luxury hotel to HVS Anarock report, the total Resorts, ‘Global Cleanliness space has been very competitive, revenue loss for the sector in 2020 Council’ of Marriott or ‘ALLSAFE’ even before the outbreak of is estimated at Rs 89,813 crore as label of Accor Group etc. are a few against total estimated revenue JANUARY 2021 HRA Today 9
initiatives which introduced the give greater confidence to the guests personalization. But as the industry ‘new normal’ and were intended that their health and safety is the inches towards normalcy, cutting- to overcome the challenges posed top priority for the hotel. The hotels edge concepts that offer exquisite by coronavirus outbreak. The have included social distancing options for luxury consumers brands have used multi-prolonged measure, thermal screening of are being implemented across approaches in terms of cleanliness, employees as well as guests, hotels to ensure social distancing social distancing, sanitisation, intensive hospital level sanitisation between guests and associates while innovation, technologies, etc. and contactless services. The ensuring seamless service. Digital precautionary measures adopted key cards, digital pre-check in, Ii is generally felt that the new by the hotels are all intended to digital QR based menus and digital normal is witnessing the birth of reassure and give comfort to their payments are a few initiatives to a society with an unaccustomed guests, allowing them to experience name that have been adapted by the relationship to the community and luxurious stays and exquisite luxury hospitality brands. is ushering in a new era of service dining. with health and hygiene becoming While there are many opportunities paramount. With the lifting of the A major challenge for the luxury available for the luxury hospitality lockdown, the brands have been hospitality sector is keeping the brands to explore but ‘dining’ is a consistently working to assure and balance between innovation and vital element of luxury space that has been disrupted exponentially due to the black swan event. In room dining is becoming a preferred option, from a safety standpoint. Hotels go for contactless delivery of food to rooms. Many restaurants now have reduced seating capacity as space between tables is increased. During the lockdown, the luxury brands had tapped into profitable ancillary revenue model, food delivery, to survive. Some the brands like Taj Hotels introduced ‘Qmin’ and ‘Marriott on Wheels’ by Marriott International tied up with Zomato and Swiggy to deliver food with the commitment to ensure the highest levels of safety and hygiene. According to a report by Thomas Cook India, 64 per cent respondents were keen on a domestic holiday. Brands are adapting to the dynamic requirements of both, the situation at hand and customers’ requirements, and are implementing innovative approaches. The new trend of driving to nearby distance for stay-cation or work-cation is highly being adapted by most of the luxury hotel chains to attract the population of 130 crores. Stay- cation is a holiday spent within the region, state or country and work- cation is a trip to a new destination where you work from as well as relax. The industry has adhered to the new normal with a forward looking approach and has come up with new strategies to stay afloat. 10 HRA Today JANUARY 2021
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CUSTOMER SERVICE Cost Control Without Dilution in Guest Safety Our Bureau W ith Unlock-6 unveiled, thanks to a highly regulated and collaborated with medical experts hotels and restaurants organized hospitality industry. and other industry advisors to have started to resume Majority of the hoteliers are fine-tune reopening and operating activities, domestic travel attaching first priority to guest procedures across all its properties. restrictions are gradually easing safety and health after a phase StayWell Holdings announced its and people started venturing out where their businesses get crippled post COVID-19 brand standards for short trips – be it for work, during a series of lockdowns since that were developed in conjunction staycations or tourism. This move March 2020. with Bureau Veritas, a testing, prompted more hotels to reopen inspection and certification Suspension of operations and rapid and they quickly made ‘safety’ agency. Accor India collaborated decline in occupancy levels had their basic mantra to survive with Bureau Veritas to implement made revenue per available room and succeed during the ongoing ALLSAFE, its internal cleanliness (RevPAR) almost negligible for pandemic. Hoteliers innovated and and prevention protocol. hotels resulting in mounting losses. implemented enhanced protocols Ratings agency, ICRA, reported that As hoteliers reopened after months to help guests, as well as their this is the biggest crisis the sector of lockdown, many found that there colleagues, to feel comfortable has ever faced. was no clear road map for the uphill and safe and hopefully, keep them journey ahead. As they resumed coming back for more. Hotels across India resorted to business, hoteliers realised the need several initiatives to face the Dining out or staying in a hotel is to walk the tightrope of diminishing challenges brought in by the absolutely safe during a pandemic cash flows, safety protocols and pandemic. Hyatt India, for instance, 12 HRA Today JANUARY 2021
reduced staff headcount. This signal a rebound for the hospitality them about their promotional cam- is where they chose to embrace segment. And hoteliers are rolling paigns to encourage them to visit technology to optimise their out a mega-sized red carpet for their properties. Some brands have operational efficiency and boost guests. Most are concentrating on enabled technology, like e-menus staff productivity in the newly guests looking for quick getaways to or QR code menus, to minimise altered scenario. closer destinations. Similarly, curbs physical contact. At many of its on corporate travel has compelled hotels, instead of the usual buffets, Sensor-based or foot operated hand them to focus more on the domestic breakfast is delivered through set sanitizers across public spaces have leisure traveller. menus via in-room dining. It has become de facto standards, as have also created tailored menu options contactless check-in and check-out To inspire people to escape their for target markets. Many hotels processes. Roseate Hotels & Resorts homes as restrictions ease, IHG introduced home delivery service at introduced ‘Care by Roseate’ introduced attractive rates and many of its restaurants by partner- program with an app that can be promotions to specific markets as ing with food delivery aggregators. installed on any mobile device. guests rediscover travel. It, too, fo- Some also provided Dial-A-Chef ser- Using this, guests can peruse menus cused on driving domestic, primar- vices to families wanting to create and pay directly post their meal. ily leisure stay, guests. It launched a fine dining experience at home. a ‘Getaways’ campaign that offered Tech is not being leveraged only During lock-down Hyatt’s hotels 35%-50% off a stay with compli- at customer-facing touch points; delivered few signature dishes from mentary daily breakfast at partic- it has found significant use its restaurants to guests ordering ipating IHG hotels across India. at the backend too. Accor has food at home. Roseate Hotels & In addition to short-stay guests, developed an extensive procedure Resorts chain started live kitchen many hoteliers like Best Western for all operational staff internally access where diners can watch their are also focusing on pilgrims, who on iAuditor, a self-assessment food being prepared in the kitchen have resumed their religious trips platform, which enlists the brands through their mobile devices. In after a long hiatus. Daiwik Hotels standards and per touch point. IHG addition to the regular food delivery launched longstay packages like is also working with its scientific menus, it introduced a DIY menu ‘Book for 3 nights, stay for the 4th advisors on implementing the where guests can replicate their night free’ and ‘Book for 5 nights, latest cleaning technologies for its favourite dishes at home. stay for the 6th and 7th night free’. properties. Compliance with COVID-19 safety Hoteliers are exploiting the po- The setting in of pandemic fatigue, guidelines will increase operational tential of the digital medium to easing of travel restrictions and costs on account of having to connect with guests and inform reopening of the economy could procure sanitiser dispensers, fumigation machines, sanitizers, masks, thermal scanner, gloves, pulse oximeter and PPE kits, as well as constant cleaning of public areas and guest rooms. Restrooms, lifts and seating places require extra cleaning material, while regular COVID-19 tests for staff adds to the overall administration cost. While guest safety is paramount for hoteliers, employee wellbeing has emerged as a top priority as well. However, achieving this was a little challenging during the lockdown and now during Unlock 6.0. Continuous training and motivation programs are being conducted by some properties to uplift employee morale. Another challenge that hoteliers are dealing with is working with limited workforce. This has made it even more imperative for them to train employees on-site about the government issued safety and hygiene guidelines, as well as ways to manage normal day-to-day duties as per new protocols. JANUARY 2021 HRA Today 13
F&B INDUSTRY DELIVERY SSSG (SAME STORE SALES GROWTH) TO BE A KEY DRIVER FOR THE ORGANISED F&B INDUSTRY (QSR CHAINS) Organised QSR growth will remain strong within F&B led by delivery SSSG and expansion of new stores T he organised F&B market existing QSR chains. Once the is estimated to grow at a COVID dust settles, we believe CAGR of 31% (FY19-24) there will be a huge pent up de- as its share in the F&B industry mand for dine-in offerings, how- is estimated to move up towards ever, this will only be a near term 50% in the same period. QSR phenomena; we expect that a (Quick Service Restaurants) con- large portion of the SSSG growth tributes 46% of the organised for QSR chains will come on the F&B chain market which too is back of better delivery SSSG over estimated to grow at a CAGR the medium to long term backed of 22% over the next five years. by 1) favourable demographics in Multiple triggers for this growth India 2) increased investments in include 1) Entry of new QSR tech offerings by the QSR chains brands in India 2) Expansion of which will enhance the overall existing QSR chains 3) Higher delivery experience. delivery SSSG growth within the Exhibit 4: Acceleration of organized market over the last 5 years & expect sharper growth going ahead 3,500 CAGR FY19 - 24P 31% 2,800 CAGR FY14 - 19 (INR bn) 2,100 14% 1,400 700 Karan Taurani Vice President Elara Capital. 0 FY14 FY15 FY16 FY17 FY18 FY19 FY24P Research Analyst Organized market Source: Technopak Report, 2019, Elara Securities Research 14 HRA Today JANUARY 2021
Exhibit 4: QSR constitutes 46% of the chain market Chain market (%) Pubs, bar café & lounges Café 7% India’s online 6% food delivery market slated Fine dining restaurants to grow 9.5%, 2% Casual dining which is highest restaurants 34% among other Quick service developed and restaurants 46% emerging nations; Frozen desserts & ice- India’s online food delivery cream 5% Source: Technopak Report, 2019, Elara Securities Research market size is USD 10bn consisting Exhibit 4: QSR chain market expected to grow at 22% CAGR over FY19-24P of two large players – Swiggy and Zomato; the market is already 500 CAGR FY19 - 24P 22% 400 consolidated as CAGR FY14 - 19 other players like UberEats, (INR bn) 300 20% 200 FoodPanda have already been acquired by the 100 0 large players. FY14 FY15 FY16 FY17 FY18 FY19 FY24P QSR - Chains Source: Technopak Report, 2019, Elara Securities Research India online food delivery market to outperform globally; aggregators to help drive this growth India online food delivery Zomato; the market is already the total F&B spend is mere 4% market to outperform globally; consolidated as other players much lower than most of the aggregators to help drive this like UberEats, FoodPanda have emerging and developed nations growth already been acquired by the which have a large presence of large players. Food delivery con- online food delivery. Platform India’s online food delivery mar- tinues to be the largest segment to consumer service within food ket slated to grow 9.5%, which is within start-up funding in India; delivery will account for almost highest among other developed food delivery apps account for two thirds of the spends over the and emerging nations; India’s ~83% of total funding in the next five years which shows the online food delivery market food tech space. India’s online importance of aggregators in the size is USD 10bn consisting of food delivery as a percentage of ecosystem. two large players – Swiggy and JANUARY 2021 HRA Today 15
Exhibit 4: Retail startups with lions’ share in F&B pie Exhibit 67: Huge scope for online food delivery market in India Others: food processing startups, 30% 14 13.0 12 9.4 9.5 10 (%) 8 6 4.0 4.3 4 2.0 2 0 Indonesia China India Singapore UK US Retail startups, 70% Online food delivery as (% of F&B spend) Source: April 2020 article in Startuptalky.com, Elara Securities Research Source: January 2020 BCG Report, Elara Securities Research Exhibit 68: India’s online F&B market: growth drivers Demand-side factors Supply-side factors India is at a stage of rapid digital advancement with Food tech companies are providing discounts and value-added features to drive online buyer base growing by 12% consumer satisfaction and loyalty Food tech is one of the fastest growing eCommerce With a reach in more than 500 cities, Food tech firms continue to expand restau- segments or internet-led businesses in terms of rant networks in these cities to provide a larger variety to consumers reach and engagement Consumer demand is propelled by rising need for Funding in the food tech space has grown by 35x in the past five years. Delivery convenience, options on platforms, strong network models are the kingpins, but Cloud kitchens are growing rapidly effect and changing consumer habits Despite these developments, India’s food tech penetration lags global counter- parts, and there exists significant potential to grow further Source: January 2020 BCG Report, Elara Securities Research Exhibit 47: Rising share of platforms & aggregators to consumer delivery market with Swiggy & Zomato 100 6.4 80 42.5 (%) 69.4 60 93.6 40 57.5 20 30.6 0 FY16 FY19 FY24P Platform to consumer Restaurant to consumer Source: Burger King DRHP, Elara Securities Research Youth and other demographics will push online food delivery revenue Youth audience is very import- try estimates, India’s median age online delivery growth are 1) ant for driving online delivery will remain under 30 until CY30. rapid increase in the smartphone in a country like India given the Further, the ordering frequency penetration 2) number of digital usage of smartphone and on- and the order value is the high- transactions per capita (this is line payment mechanism. The est for the young age group of still low for India, but with the median age in India as on CY18 15-24 years which too works in advent of Whats APP payment is 27.9 years as compared to 38 favour of the strong online deliv- (over 300mn user base), we be- years in the other key markets ery growth in India. Other two lieve this too will move up sharp- like China and US; as per indus- factors that work well for India ly in the medium term 16 HRA Today JANUARY 2021
Exhibit 31: India has youngest population globally (FY19) 50 42.2 40.5 39.6 40 38.1 37.4 34.6 (yeats) 30 27.9 20 10 0 China Canada India Singapore USA UK Russia Median Age Source: Burger King DRHP, Elara Securities Research Exhibit 31: Ordering frequency is highest at once a month & with highest spend per order of INR 120 for age-group between 15-24 years(FY19) 1.0 0.9 125 120 0.8 0.7 120 115 (INR) (nos) 0.6 115 110 0.4 0.3 105 105 0.2 100 0.0 15-24 years 25-34 years > 35 years 95 15-24 years 25-34 years > 35 years Ordering-in frequency/Month Average spend per order Source: Burger King DRHP, Elara Securities Research Exhibit 49: Increasing smartphone penetration a catalyst to online delivery growth in India 40 36.2 34.1 35 31.7 29.8 29 30 26.3 26 25 23.2 (%) 21.2 20 15 10 5 0 CY14 CY15 CY16 CY17 CY18 CY19 CY20 CY21 CY22 Smartphone penetration in India Source: Statista, Elara Securities Research JANUARY 2021 HRA Today 17
Exhibit 51: India with the fewest number of digital transactions per capita 900 782 750 600 474 (no.s) 450 300 179 149 97 79 150 34 22 0 Indonesia India China Singapore South Africa USA Russia Brazil Digital transactions per capita Source: Burger King DRHP, Elara Securities Research Online food delivery growth will be more volume led than value led The average delivery fee on on- dia vs globally. We believe ticket we expect the aggregate ticket line food delivery order in India size of online food delivery will size to remain stable. Aggrega- currently is in the range of INR continue to remain high in the tors are currently charging a de- 25-30, which is justified, in our metro cities with scope for little livery fee of INR 25-30 which is view, given the convenience fac- or no growth; however, the big- fair in our view and an increase in tor, packaging charges & deliv- ger potential for the online food these delivery charges or a pric- ery cost; thus, overall delivery delivery market will be increased ing led growth (delivery as a per- charges are 6-7% of order size. volumes due to more expansion centage of ticket size) will only However, it is still much lower in the tier-2/tier -3 markets by play out once the ticket size in- than global average of 10-12%, aggregators. With ticket sizes, creases, which is still some time given the lower ticket sizes in In- being lower in the smaller towns, away for India. Exhibit 60: Delivery charges by India’s aggregator apps remains fairly low vs global peers 14 12 12 10 (%) 8 7 6 4 2 0 Globally India Delivery charges as (% of ticket size) Source: Company, Elara Securities Research 18 HRA Today JANUARY 2021
Exhibit 59: Aggregator delivery charges as a % of order size drops as AOV jumps significantly amid COVID-19 Swiggy Zomato Orders above INR 149 Orders below INR 149 Orders above INR 149 Orders below INR 149 Standard delivery fee 26 36 29 29 Extra charges (distance fee, surge fee) 25 25 Total 26 36 54 54 Average order value (AOV) - pre-COVID 320 Average order value (AOV) - post-COVID 420 Standard delivery charges as % of AOV pre- 8.1 11.3 9.1 9.1 COVID (%) Standard delivery charges as % of AOV post- 6.2 8.6 6.9 6.9 COVID (%) Source: Company, Elara Securities Research Organised QSR players have an edge in dealing with aggregators QSR and other chain market share of ~22% to the aggregators revenue share arrangement with based players in the F&B indus- which is much higher; over and aggregators as the former incurs try have an advantage in dealing above this, new cloud kitchens the cost of delivery on their own with aggregators due to a lower or standalone restaurants are and pay the aggregators only for revenue share arrangement giv- being charged a revenue share customer acquisition. We believe en 1) higher number of outlets of almost 30% by the aggrega- concerns persist for standalone 2) traction of higher revenue tors in the initial phase unless and new entrants in the F&B to growth due to strong brand vis- the restaurant’s revenue reach- scale up online delivery on the ibility. On the other hand, cloud es a certain threshold. Jubilant back of higher revenue share out- kitchens and other standalone Foodworks (India Dominos) is lay. restaurant has to pay a revenue the only player having the lowest Exhibit 58: Domino’s with high bargaining power vs peers in terms of revenue share to aggregators 35 30 30 25 23 20 18 16 (%) 15 10 7 5 0 Domino's Large McD & Cloud Others coffee other kitchens chains branded QSR chains Revenue share to aggregators Source: Primary Research, Elara Securities Research JANUARY 2021 HRA Today 19
Exhibit 57: Comparative analysis of F&B delivery apps Propriety apps Top aggregator apps Domino’s McDonald’s KFC Burger King Pizza Hut BBQ Nation Zomato Swiggy Dunzo Downloads (Playstore) 10 M+ 1 M+ 5 M+ 100 K+ 1 M+ 1 M+ 100 M+ 50 M+ 5 M+ Rating App Store 4.6 2.4 2.5 4.6 1.8 4.8 4.6 4.2 4.7 Play Store 4.3 3.6 3.0 3.0 2.7 4.7 4.1 4.1 4.3 Number of Ratings App Store 54K 322 462 58 65 626 1.5 MN 243.4K 57.2K Play Store 504K 39K 26K 1K 3K 12K 4 MN 1 MN 124K Ranking App Store #3 #6 #4 #14 #8 #13 #1 #2 #5 Play Store #3 #6 #5 #12 #7 #17 #1 #2 Source: Google Play store & iOS Appstore, Elara Securities Research NEW MEMBERS T he Hotel and Restaurant Association of Western India (HRAWI) continues to expand its membership base across the western reaches of India. In the recent past, the Association has added hotels, restaurants, and other affiliates from Goa, Maharashtra, Gujarat and Madhya Pradesh among other states. The Association’s continued efforts and support for the hospitality industry in the regions under its ambit have helped its membership base grow exponentially. HOTELS Name of the Establishmet Address Jail Road Opp Madina Building, Kutchery Chowk,Beside Garcha Hotel Mahendra Complex, Raipur, Chhatisgarh - 492001 Pacific Business Park, SA, Kandla National Highway, Mahendranagar, The Fern Residency Morbi, Gujarat - 363642 “DB Ozone, Next to Thakur Mall, Western Express Highway, Mira Road Royal Hometel Suites (East) - 401107 Railway Station Road, Junagadh, Gujarat – Bellevue Sarovar Portico 362001 RESTAURANTS Name of the Establishmet Address Besa-Pipla Rd, Nilkamal Society, Manish Nagar, Somalwada, Nagpur- Haldiram Planet Food 440034 20 HRA Today JANUARY 2021
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APPOINTMENTS H aving commenced her career with one of the leading luxury hotel chains of The new assignment is in addition to Thomas Abraham’s role of AVP for Hyatt Hotels, India, Thapliyal brings with Central India. Thomas brings her a decade of housekeeping 27 years of experience in the experience. She has ably led a hospitality industry and has large housekeeping taskforce spent over 13 of those years in her past. Thapliyal’s skill with Hyatt. He moves to and detail to attention over Hyatt Regency Pune from the Devina Thapliyal the years garnered through Thomas Abraham iconic Park Hyatt Hyderabad, Director of her roles with varied luxury General Manager in the same capacity, to guide Housekeeping properties has seen her rise Hyatt Regency Pune & the hotel to similar stature. The St. Regis Mumbai through the ranks to her Residences Thomas started his hospitality current leadership position. journey with the Oberoi Her most recent role was as Hotels, Mumbai as Assistant part of the pre-opening team of Banquet Manager soon after one of the largest JW Marriott he completed his Diploma in Hotels, JW Marriott Mumbai. Hotel Management in 1992 Having graduated from the from the prestigious Les prestigious Oberoi School of Roches, Switzerland. Thomas Management, she started her has played an integral part role in housekeeping with The in bringing stability to the Oberoi, New Delhi & Gurgaon operations, enhancing service followed by a stint at the and product efficiency and Vivanta by Taj Ambassador, establishing the objectives New Delhi before her foray into and policies for some of the Marriott International with the flagship Hotels around the JW Marriott brand. country. 22 HRA Today JANUARY 2021
D eep Preet Bindra, has rich and diverse experience panning over 17 years in the In her new role Nikita Das will take charge of overseeing Marketing Communications hospitality and services sector. for Grand Hyatt Mumbai Bindra has worked in different Hotel & Residences, Andaz capacities at different hospitality Delhi, Hyatt Regency brands including some of Kolkata, Hyatt Regency Marriott’s premium properties Chennai, Hyatt Regency such as JW Marriott at Aerocity Lucknow, Hyatt Regency in New Delhi and Marriott Nikita Das Ahmedabad, Hyatt Raipur Deep Preet Bindra Whitefield in Bengaluru. His Cluster Director of and Hyatt Place Hampi. She General Manager multi-dimensional experience Marketing has been associated with the Courtyard by in different roles in Marriott Hyatt Hotels Marketing Communications Marriott, Ahmedabad International and other brands, & Advertising industry for (Ramdevnagar) has helped him carve a niche over a decade now and brings in bringing about operational with her insightful learning excellence. Bindra is an alumnus and experience gained across of Delhi University and has national and international pursued post-graduation in brands. Das began her career business management from with Ogilvy advertising Indraprastha University. in Mumbai in 2009 as an Assistance Account Executive. Her hospitality career started Mukherjee brings with him as Marketing Executive for over 12+ years of rich and IHCL hotels – The Taj Palace, varied experience in sales New Delhi followed by a and marketing. Mukherjee cluster role for Marketing and holds strong sales and Public Relations at Marriott revenue management skills International, Bangalore until and a thorough knowledge recently. of the hospitality market. Prior to this, he has worked with reputed brands such as Sudeep Mukherjee Crowne Plaza Kathmandu ‘Market Director of Sales Soaltee (IHG Pvt Ltd), Grand Sayaji Hotel Indore Mercure Bangalore (Accor Hotels Pvt Ltd), Marriott T he newly opened hotel is Marriott International’s sixth property in Ahmedabad. Hotels India Pvt Ltd, ITC Rathore brings to the new Limited – Hotels Division property, a rich and diverse and many more. experience in hospitality sector spanning over 17 years. An alumnus of Institute of Dev Thakur has 15+ years of Hotel Management in Jaipur, experience in world’s finest Jitendra began his career at Jitendra Singh hospitality brands. He brings Oberoi Rajvilas, Jaipur in Oc- Rathore to the table, his expertise tober 2003. Prior to being part Executive Chef in fast paced environment Courtyard by Marriott, of the pre-opening team at and high volume operations Sindhu Bhawan Road, Courtyard by Marriott, SBR, with multiple styles of Ahmedabad Jitendra was the executive service and has a long chef at Courtyard by Marriott, exposure to food & beverage Raipur. He has also worked in operations of luxury hotels, various capacities with various Dev Thakur destination resorts, upscale properties of national and in- Director of Food & & midscale hotels. Prior to ternational hospitality brands, Beverages this, he was associated with including Taj Rambagh Palace, Sayaji Hotel Indore multinational chains, such Jaipur; Hyatt Regency, Pune; as Marriott International, Hyatt Palace Goa and The The Leela Palaces, Hotels & Claridges Hotel Surajkund, Resorts Hyatt International, Delhi-NCR. Hilton Hotels and Accor Hotels in India. JANUARY 2021 HRA Today 23
BRANDS BRANDS MIRAKLE VITAMIN C DRINK ABT forays into health drink product with Mirakle Vitamin C drink Mirakle has been launched by Coimbatore-based ABT Limited in the market. This mango flavoured drink is claimed to be a preventive supplement that can be consumed to boost one’s immunity, and comes in a Tetra Pack. The company claims, through this drink, the body will be enhanced with enough tools to handle any infection either viral or bacterial; it will aid in managing toxins in one’s body and other associated diseases and it is an immunity enhancer to help the body to cope with any external or internal threat. SUNFEAST YIPPEE! Sunfeast YiPPee! creates a new instant noodles category, ‘Noodles in a ‘Noodles in a Bowl’ Bowl’ Sunfeast YiPPee launched a new consumer experience through Quik- Mealz that offers noodles in a bowl. The offering brings a welcome change in the segment in the country as instant noodles will now be available to consumers in a bowl format. Following innumerable trials conducted to ensure a superior instant noodle experience, the product was launched in a bowl format with a broad container base which makes it easy to mix and consume noodles, and a lid to ensure no heat escapes the bowl in the preparation process which guarantees evenly cooked noodles. The product range has been specially crafted to match the evolving lifestyle require- ments of young adults who are constantly seeking convenient options, without compromising on the taste. IMMUNITY BOOSTING MILK, Heritage Foods launches immunity boosting Ashwagandha milk ICE CREAMS HERITAGE FOODS After immunity boosting Ginger, Tulsi and Turmeric variants of milk, Heritage Foods has launched ready to drink immunity booster Ashwagand- ha Milk loaded with Ayurveda properties. It contains herbal extract Withania Somnifera blended with milk. Ashwagandha combined with milk is a centu- ries old Ayurveda remedy for numerous ailments. It is known for its variety of therapeutic activities and is one of the effective stress busters among Ayurveda Herbs, which ultimately boosts inner strength and immunity. It increases vitality, combined with various anti-viral effects. The sterilised homogenised flavoured toned milk has a shelf life of 90 days and needs no refrigeration till it is open. It can be consumed warm or chilled as preferred. For better effect drinking warm milk is advisable with a microwave of up to 30 seconds. The company says it is free from artificial preservatives . NATURAL DRY FRUIT MITHAIS D-Alive unveils organic, no sugar, low carb natural dry fruit mithais D-Alive has unveiled a range of organic, no sugar, no gluten, vegan, low carb and GI and 100 per cent natural dry fruit mithais. The company claims these sweets are not only void of all negatives but also have a whole boost of nutrition to help nurture your body and mind and soul further and that using selective ‘no nasty’ organic, ultra low GI, nutrient-dense, slow re- leasing ingredients, this superfood leaves you feeling satisfied. The range includes Shahi Kaju Barfi, Vegan Cashew and Rose Bites, Almond Cashew Praline, Vegan Walnut Peanut Butter Barfi, Energy Paak. 24 HRA Today JANUARY 2021
JACKFRUIT MEAT Wakao Foods launches Jackfruit Meat, hygienically processed & pack- aged Wakao Foods launched its very first jackfruit meat offering with a vision of benefiting the planet. With the launch of its vegan and eco-friendly range, the company highlights the lesser-known superfood of the South, Jackfruit. Being incredibly versatile and high in fiber content, the humble Jackfruit is the ideal inclusive food that is perfect for every dietary choice. It has a unique meat-like texture that makes for a guilt-free vegan and gluten-free alternative with restricted use of GMOs for a healthier choice. It is low in calories, fat and carbs as well, making it naturally acceptable by all. The delicious range of the Jackfruit Meat is curated to suit different tastes, from meat lovers to fitness enthusiasts there is something for everyone. The Ready to Cook varieties include the Raw Jack, which can be used as a meat substitute in any recipe for a decadent vegan alternative and the Jack Burg- er Patty, which makes cheat meals healthy in a never seen before avatar. The Ready to Eat varieties include the Teriyaki Jack,that is perfectly paired with a slider or as a Frankie to enhance its flavors, the BBQ Jack,that makes for a mouth-watering filling for wraps and the Butter Jack ,that is the go-to choice to whip up a quick meal along with a side of some steaming rice. YUMMIANO HEALTHY CEREALS Yummiano presents munchies made from healthy cereals Yummiano presents a wide range of munchies made from healthy cereals like Rajma, Moong dal, Brown rice, Ragi, banana, kathal and many more variants providing taste with many health benefits like weight loss, blood sugar control, improving skin health, good source of fibre, lowers choles- terol, lowering blood pressure, improving digestion and so on as claimed by the manufacturers. According to the company, the brand is catering to everyone, and even people at any age suffering with any lifestyle health is- sues who want to enjoy good snacks. Their large variety of products include Rajma Chips , Moong Dal Chips, Brown rice chips, Banana Chips, Ragi Chips, Kathal Chips and Corn Dots BIKANO MULTIGRAIN CHIPS Bikano launches multigrain chips in two appetising flavours Bikano launched two variants of multigrain chips for health conscious food lovers and patrons. Under the brand name Treatos the brand has po- sitioned the multigrain products, named Chatak Masala and Tangy Tomato, as a healthier alternative to the conventional potato chips. Bringing togeth- er the goodness of an assortment of grains including rice, wheat, corn and pulses, the brand aims to give the food lovers the sheer joy of savouring the crispiness and crunchiness in terms of taste of regular potato chips while also taking care of their nutritional requirements. The two products are available through the brand’s wide network of retail and modern trade outlets both within the country and outside. GROVER CHÊNE GRANDE RE- SERVE CHARDONNAY Grover Zampa Vineyards launches Grover Chêne Grande Reserve Char- donnay Grover Zampa Vineyards introduces Grover Chêne Grande Reserve Char- donnay which is a white wine aged for 9 months in French oak barrels. This gives it a rich creamy texture with a toasty flavour and hints of vanilla. Ac- cording to the company, made from premium Chardonnay grapes, this wine is the best expression of Indian terroir and exhibiting the subtle and elegant aromas of nectarine, hazelnuts, vanilla, and crème brûlèe, this delectable wine consists of concentrated flavours of apple, pear, and green plums. JANUARY 2021 HRA Today 25
NEWS Hotels expand into untapped destinations as Thermal Screening travellers look for offbeat locations Mandatory For Guests At Goa Hotels Hotels and Resorts in Goa have been directed to mandatorily use thermal guns in order to screen their guests, Chief Minister Pra- mod Sawant said. Sawant also said that family members should not delay testing and admission of persons at home, suffering A s a growing number of In- dian travellers are looking to explore offbeat, non-tourist ward and a growing number of travellers would seek vacations at previously unexplored lei- from Covid-19 like symptoms in order to bring down the Cov- id-19 death rate in the coastal and non-crowded destinations sure destinations, with safety, state. “At tourism places like for leisure trips, leading hotels cleanliness and privacy being beaches, hotel or party sites so- brands are expanding their their top priorities. Outbound cial distancing should be main- footprint in unexplored and Indian luxury travellers are also tained,” Sawant said, adding that drive-to destinations to cater to fueling this demand, as they Goa needed to be cautious about this growing demand. For seek exclusive vacations within the new wave of infections not instance, Sarovar Hotels & Re- the country due to uncertain- just in Indian cities, but also in sorts, which manages over 90 ties related to international Europe.“The infection spreads hotels in 55 destinations across travel. faster in places which have se- India and overseas, recently It is reported that the hotels vere cold and pollution because added Sarovar Portico at Sasan of Sterling Holidays Resorts, the illness is related to the chest Gir in Gujarat, which is at a one of India’s leading experien- and lungs. We do not have a driveable distance from Ah- tial holiday brand in Pallaveli severe cold here in Goa, but we medabad. This year, the Sarovar in West Godavari (Andhra need to be careful in the months group also opened new hotels Pradesh), Anaikatti and Ra- of December and January when in Bodhgaya (Bihar), Panipat jakkad (in Kerala) are seeing it can get chilly,” Sawant said. (Haryana), Somnath (Gujarat) a huge traction from leisure Sawant said that Goans should — all within driveable distanc- travellers over the last few make efforts to bring the mor- es from nearby cities. months with access to thrilling tality rate down to zero It is reported that while ho- adventures and wildlife. tels in metros such as Delhi, Mumbai, Chennai and Kolkata Reports indicate that people are also looking at jungle lodg- READ N SUBSCRIBE are not seeing much traction, es. For them, places like Kanha smaller destinations such as (Madhya Pradesh) and Sariska Vrindavan (despite being a (Rajasthan), which are relative- religious destination) and lei- ly less known jungle lodges, are sure destinations like Bhimtal doing exceptionally well. Ster- (Uttarakhand), Palampur and ling Nature Trails (adventure Mashobra (Himachal Pradesh), resorts) located at Durshet, which are drivable destinations Sajan, Dabhosa and Kundalika from Delhi are doing extremely areas of Maharashtra are some well. of the drivable destinations Industry experts expect that close to Mumbai and Gujarat leisure travel, especially to mo- which are picking up traveller torable destinations, will show attraction ever since it was reo- a steady increase going for- pened after the lockdown. 26 HRA Today JANUARY 2021
No much cheer for hospitality and travel industry this New Year The advance bookings for hotels like Lemon Tree “are weak” whereas for Sterling resorts, the occupancy is higher at resorts near metro cities. Oyo Rooms has been able to book only 40 per cent of its rooms for December. Rattan Keswani, Deputy Managing Director, Lemon Tree, said that while demand at the moment for the hospitality sector is extremely Changing rules of quarantine MakeMyTrip, EaseMyTrip and weak, it was unfair to forecast if for different states, second wave Thomas Cook, travel bookings it would pick up or not because of Covid-19 in others make life have been slashed by 50-70 per of the looming uncertainties. difficult for the industry. There cent despite discounts. Hotel As per industry reports, the was no Christmas cheer for the bookings at MakeMyTrip for hospitality players may not even hospitality industry amidst the Christmas and New Year see a correction in the ARRs as the Covid-19 pandemic as a period stoo at a third of that in they continue to remain 30 per lion share of rooms at Indian the same period last year, while cent lower compared to the same hotels and resorts remained Thomas Cook has been able to time last year. For Oyo, there unoccupied during the last sell 65 per cent of its inventory. has been a 20-25 per cent drop week of December, according EaseMyTrip has seen a steep 35 in rates of premium segments to industry estimates. Even per cent decline in bookings on a across business and leisure for travel companies like year-on-year basis. locations. Home delivery of food turns new bread and butter for top hotels Accor Group’s Sofitel has seen a 132 per cent jump since May on a month-on-month basis. ITC Hotels, which too has seen a substantial growth, believes hotels can aim for food delivery revenues of up to 25 per cent. Industry experts expect that the trend is here to stay with ancillary revenues being the new focus for hotel chains, as they have realized that these initiatives not only help generate additional revenue but can also Top-end hotels’ plan to make & beverage segment revenues in help expand clientele. The home up for the loss in business due the second quarter came from delivery segment has helped to the pandemic through home food home delivery. many brands gain considerable delivery of food and services is traction and opened up newer InterGlobe Hotels generated paying off. For Indian Hotels, avenues of brand marketing and a revenue of Rs. 4.5 lakh last the owners of Taj group of distribution for their hotels. month from food delivery, while hotels, 15 per cent of the food JANUARY 2021 HRA Today 27
IHCL opens Taj Skyline in Ahmedabad, Gujarat tural landmarks in Taj Skyline introduces Shamia- the city. Strategically na, the popular all-day diner, to located at a comfortable Ahmedabad – its third outpost driving distance from after Mumbai and Dubai. Guests the airport, important can also enjoy Pan Asian cuisine commercial centres as at Nonya or relish international well as Gandhinagar and local comfort food at Emper- – the state capital, Taj or’s Lounge. Skyline is a 315-room Located on the banks of the contemporary luxury Sabarmati River, Ahmedabad hotel offering pan- is the largest city in the state I oramic views of the ndian Hotels Company’s of Gujarat. The historic part of city’s skyline. The hotel’s design (IHCL) iconic brand, Taj, the city is India’s first UNES- captures the evolving spirit of opened its new hotel in CO Urban World Heritage site. the city, drawing subtle inspira- Ahmedabad, Gujarat. Soaring With the addition of this hotel, tions from the local design and over 18 storeys, Taj Skyline is an IHCL will have thirteen hotels culture in its interiors. In line elegant addition to Ahmedabad’s in Gujarat, including one under with its philosophy of raising the historic and modern architec- development. bar of the culinary landscape, Mumbai civic body proposes to waive INR 9 Spree Hospitality crore payable by Hotel Taj Mahal Palace on expansion drive; to launch 8 hotels requirement for which the road and footpath are under the brand by required to be barricaded. March 2021 According to BMC’s proposal for waiver that is set to be tabled in the upcoming standing Spree Hospitality, headed by committee on Wednesday, Keshav Baljee, plans to open Hotel Taj Mahal Palace 8 new properties by March has occupied around 800 2021. The brand is planning T he Brihanmumbai square metres (sqm) of to introduce Spree Boutique Municipal Corporation public road and over 1,100 sqm hotels in Haridwar, Bengaluru, (BMC) has proposed to of footpath for which over INR and Dehradun. The brand is waive over INR 9 crore payable 10.18 crore is payable. also on the verge of launching by Hotel Taj Mahal Palace to the its mid-market product, ZiP by civic body for using the public Of the INR 10.18 crore, BMC has proposed to waive around Spree Hotels brand in Manali, road outside the hotel and Gurugram, Bengaluru and barricading parts of the footpath INR 8.85 crore for occupation of footpath in complete as Goa. The brand plans to launch outside the luxury hotel citing 8 hotels and total 322 keys security requirement. Hotel Taj requested by Hotel Taj Mahal Palace citing that the exercise in these cities before March Mahal Palace near Gateway of 2021. Seeing a strong uptick India in Colaba has barricaded a was being undertaken for security reasons and not for in domestic tourism, especially certain portion of the road and destinations located within footpath outside its premises commercial purposes. For the remaining INR 1.33 crore, BMC short distances of key metros, citing security reasons after they plan to open hotels in the 26/11 terrorist attacks in has proposed to give 50% waiver to Taj Mahal Palace. locations like Haridwar, Manali, 2008. The Mumbai Police has Dehradun, and Goa. acknowledged the security 28 HRA Today JANUARY 2021
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