Hotel and Tourism Newsletter - November 28 to December 2, 2016

India Infoline News Service | Mumbai | December 02, 2016 16:04 IST

This week, Micromax partners with OYO and Courtyard by Marriott appoints Vinayak Patnekar as Director of Operations. IIFL presents a weekly snapshot of all the major happenings in the hotel & tourism industry, nationally and internationally.

Top News
Cox & Kings’s Q2FY17 consolidated net profit down 76.65% yoy
The Company has posted a net profit of Rs 34.3 crore for the quarter ended September 30, 2016 as compared to Rs 41 crore for the quarter ended September 30, 2015. Total Income has increased from Rs 683.3 crore for the quarter ended September 30, 2015 to Rs 744 crore million for the quarter ended September 30, 2016. Read More
Domestic News
Micromax partners with OYO to provide seamless stay experience
Micromax Informatics, 10th largest mobile brand in the world and OYO, India’s leading network of hotels, announced a strategic partnership to deliver OYO’s tech-enabled hotel-booking experience to Micromax customers. Aimed at providing a unique on-device native experience, OYO and Micromax will work together to provide simplified user interface, special discount offers, and a seamless booking experience right through the device itself. Micromax is strengthening its service offerings for consumers through this partnership, which is in line with Micromax’s vision of creating a mobile ecosystem that brings unique and innovative technologies to its consumers. Read More

Hospitality Veteran, Vinayak Patnekar appointed Director of Operations at Courtyard by Marriott, Agra
Courtyard by Marriott, Agra has got an industry veteran to head its Operations Division. Vinayak Patnekar, who took over as Director of Operations, recently at Agra, brings with him vast experience in the field. He has been in the hospitality industry for over 16 years and is known for dynamism and depth. Patnekar has been associated with leading hotels across India and served in different capacities. He has a long and rewarding association with Marriott Internationaland has served as Director of Operations at Fairfield by Marriott, Lucknow and Courtyard by Marriott, Raipur. Having worked with globally renowned hotel chain in various capacities, over the years, he is well conversant with global standards of hospitality.  Read More
International News
Le Méridien Hotels & Resorts partners with MALIN + GOETZ
Le Méridien Hotels & Resorts, part of Marriott International, Inc. (NASDAQ: MAR), today introduced a new bath amenity programme with globally sought-after skincare brand MALIN + GOETZ.  This partnership marks the first time that MALIN + GOETZ is partnering globally with a hotel brand, bringing a suite of amenities to more than 100 hotels and resorts by early 2017. With a shared passion for design and discovery, MALIN + GOETZ is the perfect partner for Le Méridien, the Parisian-born hospitality brand known to unlock destinations for creative and curious-minded travellers around the world.

MALIN + GOETZ unisex bath essentials were chosen specifically for Le Méridien, with evocative ingredients and effective formulations that complement any skin and hair care regimen while on the road. The amenity kits will be offered in all guestrooms and suites and will include MALIN + GOETZ signature sage body wash, peppermint shampoo, cilantro hair conditioner, lime bar soap, and vitamin b5 body moisturizer in travel-friendly sizes. Read More



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