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Picking up the pieces

Besides causing immense damage to people and property, the Easter bombings in Sri Lanka have severely impacted hospitality brands such as Shangri-La, Kingsbury and Cinnamon Grand that operate in Colombo. Hotels in Lanka are now witnessing a 40-50% drop in bookings and occupancy levels of below 40%. Similarly, in December 2017, the volcanic eruption of...
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Designer living: Real estate firms and luxury giants are teaming up to further their brand equity

Leveraging their aspirational quotient and brand equity, premium lifestyle and real estate brands are increasingly finding synergies with one another. With high-net-worth individuals (HNIs) desiring to not only “wear” or “drive” luxury, but also to “live” it on a regular basis, global names like Armani, Four Seasons, Aston Martin, Bulgari, Versace, Porsche and Mandarin Oriental...
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Noesis Capital Advisors

 A one-stop consultancy for hospitality sector real estate Noesis Capital Advisors, an integrated solutions provider for Hotel real estate, is India’s leading nationally focused and regionally coordinated hospitality focused investment advisory firm. With the expertise in hotel real estate advisory, they have resources dedicated to providing end to end solutions for hotels, resorts, convention centers, MICE destinations, hospitality village, and tourists, pilgrim...
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Noesis Capital Advisors Facilities Transaction for IRA Resorts and Wyndham Destinations

Noesis Capital Advisors, acting as the exclusive advisor to IRA Resorts Pvt. Ltd. and Wyndham Destinations (Ramada) has successfully facilitated the Brand Franchising agreement for Hotel Jaipur Greens. The 100-rooms eco-friendly property, promoted by IRA Resorts has entered into a franchise agreement with Ramada and has now been launched as ‘Ramada by Wyndham Jaipur’ As a...
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Unbranded Hotels look to ‘conversion’ for growth SHALLY SETH MOHILE

Indian Hospitality market has seen close to 7133 hotel rooms being convert into organized, branded space over the last 36 months. This is 5.5% of 130,000 rooms in organized space. We foresee by 2020 the percentage of conversions in the branded properties to double to 10%. Source: Noesis Research Read More : https://www.pressreader.com/india/business-standard/20190131/281616716598670
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