Hotel Industry after Commonwealth Games 2010
Hotel Industry after Commonwealth Games 2010
Our country, especially Delhi is preparing fast for the Commonwealth games in 2101. I was just going through the Newspaper and saw that the DDA is auctioning hotel sites in Delhi in September 2006. These hotel sites are in Jasola, Dwarka, Shalimar Bagh, Wazirpur and many more sites are there. 10 sites will be auctioned in September itself.
The study by these newspapers says that if the Hotel site is auctioned for Rs. 400 Crores and the hotel building of 400 rooms will approximately need 600 Crores that makes the total to be 1000 Crores. In that case the Room Rate would be Rs. 25000/- per room per day just for breaking even!!!!!! Strange to here right!!!!
Now, what I think is that …. OK, people coming to visit the Commonwealth games might pay this amount for a room.
BUT…..
After the commonwealth games are over, what will happen with these hotels? Instead odf staying in a room for 25000/- bucks at Josola or Shalimar Bagh, I would prefer to stay at 10000/- bucks at the TAJ at Dhaula Kuan.
This entry was posted
on Sunday, August 27th, 2006 at 3:26 am and is filed under Delhi, Panga, Real Estate, Reviews, Strange!!, news.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply
Commonwealth Games: Just 1500 days to go
So the countdown for the Commonwealth Games 2010 has just begun. Its just 1500 days more and do you think that are we ready for it? Athletes from 71 countries will in the capital and there are many things that need to be done. Delhi is short of hotel rooms, infrastructure, transport facilities, logistics and much much more.
I had a meeting with a client today at Galaxy hotel in Sector 15 Gurgaon near to me house. The good thing is that I never new that I had suck a beautiful restaurant nearby with good food too. The bad thing is that it’s one of the costliest in my experience. Three glasses of juice, 2 coffees a grilled sandwitch and a corn pakoda costed me approx 1700 bucks. This is damn costly. I could have visited the 32nd milestone which belongs to the same owner (I think) and is comparatively much cheaper.
Which is the best brand?
I went through a business magazine today, its about the best brands in India. What they have done is that they have decided the top brands without segregating the industry. Like they have given that Maruti is No 1 brand in INDIA and follows, Lux, Times of India and many more companies. Don’t you think that there has to be a proper way of segregation of each brand?
I personally feel that brands should be ranked in their own Industry. I cannot compete the brand called “SKODA†with “INTEL†but I can compare “SKODA†with “MERCEDESâ€.
Well, I
Financial Managers
Mean Annual Wage: $101,450
One-Year Change: 5.0%
No. In Employment: 468,270
Top-Paying Industry: Other Financial Investment Activities ($139,390*)
Top-Paying State: New York ($133,150*)
Top-Paying Metro: New York-White Plains-Wayne, NY-NJ ($142,570*)
Petroleum Engineers
Mean Annual Wage: $101,620
One-Year Change: 4.4%
No. In Employment: 15,060
Top-Paying Industry: Architectural, Engineering, and Related Services ($112,310*)
Top-Paying State: Texas ($111,910*)
Top-Paying Metro: Casper, WY ($119,570*)
Sales Managers
Mean Annual Wage: $102,730
One-Year Change: 4.3%
No. In Employment: 307,960
Top-Paying Industry: Securities and Commodity Contracts Intermediation ($139,940*)
Top-Paying State: New York ($139,580*)
Top-Paying Metro: New York-White Plains-Wayne, NY-NJ ($143,180*)
Computer And Information Systems Managers
Mean Annual Wage: $107,250
One-Year Change: 4.8%
No. In Employment: 251,210
Top-Paying Industry: Securities and Commodity Contracts Intermediation ($129,740*)
Top-Paying State: New Jersey ($125,460*)
Top-Paying Metro: San
I saw an advertisement in the newspaper today and the ad says “Invest in the next Gurgaonâ€. I talked to the concerned person and he told me that the city he’s taking about is Bhopal in Madhya Pradesh. This person says that in 18 months, the price will get doubled and we don’t kow how?
I haven’t heard about this city in the real estate field neither of any multinational or business industry migrating over there. What the hell!!
We just had a stay at the Choki Dhani Resort : A Heritage resort in Jaipur which is very famous nowadays for its village like atmosphere and Food specially. They have more than 100 rooms which are worked with paintings and glasswork from inside. Bathrooms are regular, you will find that the room entrance door is exactly like you have in the village (the chain lash) system.
Apart from the room, the reception is impressive. I had an opportunity to visit the Bar and its good. Overall it’s an above average hotel coz I think that there are many improvements that
I just read the news in the ET that both these groups have separately approached an entertainment company in the Jammu and Kashmir for buy its stakes. Both the brother are interested in purchasing this group for their expansion in the Entertainment industry. I an not pleased to hear that. I don’t know if this is their corporate expansion strategy or just the war in their groups. If this is a strategy then, nothing like it. But if this is a war, then I feel that these companies will end each other one day. I personally feel that both the
Netaji Ka Hotel sey check out time 12:30 hain aur unhey abhi tak bus ka return ticket nahi mila hain.
Tension mein hain wapis kaisey ayengey.
Arey netaji aap tension kyun letey ho. Arey sansad phone karo helicopter apko leney aa jayega hi hi hi .
Chalo tension nahi leney ka aa wapis jarur ayougey..
Chotey shakil ka wada hain.. Usney apko time sey wapis laney ki supari kha li hain
Wet n Wild Resort in Gurgaon
Wet n wild resort is one of the oldest properties in Gurgaon. Me and my family went there for dinner for birthday celebrating birthdays of my mother and wife. The Wet area closes before 8 PM so we could not enjoy that :( . But the restaurant is fine. They have approximately 20 tables for dining and they serve food as well as wines in that. I have stayed in their hotel rooms too on the first floor. The rooms are also nicely designed and the best things to see are the bathrooms. Well designed
Subhiksha : One more in Indian Retail war
So, here a new player in the retail was now. With Wal-Mart tie up with Bharti and Reliance Retail tie up with Li and Fung, a Hong Kong based retail giant, new players are ready to take on the retail industry in India.
I saw the Subhiksha store today at the Sector 15 in Gurgaon. The store in nicely designed and is offering handsome discounts to the customers on most of the edible products. Fruits an vegetables are much cheaper than the local sabziwala that we have in the locality. But the
October 13th, 2006 at 3:34 am
[...] So the countdown for the Commonwealth Games 2010 has just begun. Its just 1500 days more and do you think that are we ready for it? Athletes from 71 countries will in the capital and there are many things that need to be done. Delhi is short of hotel rooms, infrastructure, transport facilities, logistics and much much more. [...]