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By Author
Published on January 18, 2024
We have carefully curated this newsletter to ensure it becomes your go-to resource for all things hospitality-related. Whether you are an industry professional, an avid traveller, or simply passionate about the art of hospitality, this newsletter will be your gateway to a world of inspiration, knowledge and unforgettable experiences.
Mumbai's recently inaugurated Mumbai Trans Harbour Link (MTHL), also known as 'Atal Setu', is not just India's longest sea bridge but a game-changer for Alibaug's real estate market. The 22 km-long bridge significantly shortens the travel time between Mumbai and Alibaug to about 45 minutes, making Alibaug a hot spot for investors looking for resort homes.
A Bridge to New Opportunities
The MTHL is redefining connectivity and accessibility, turning Alibaug into a prime investment location. Improved ferry services add to the ease of reaching this picturesque locale. The bridge, expected to reduce the commute from south Mumbai to Panvel (Raigad) from around 120 minutes to just 20, is not only a time-saver but also a boon for fuel cost savings, reducing pollution and CO2 hazards.
Alibaug's Rising Appeal
Alibaug, with its natural beauty, sandy beaches, and lush landscapes, has always been a beloved weekend destination for Mumbaikars. Now, with the MTHL, it's fast transforming into an attractive investment hub for resort homes.
Infrastructure Investments: The Maharashtra government's significant investments in Alibaug's infrastructure, as part of the Alibaug Smart City project, are enhancing the area's appeal. Projects improving public transportation, water supply, and waste management are anticipated to boost the standard of living and stimulate the real estate market growth.
Market Dynamics: A recent survey by Savills India indicates that 29 per cent of respondents are keen to invest in popular second-home destinations in Maharashtra, with Alibaug being a top choice. The survey also notes that properties in Maharashtra offer net yields of 4-6 per cent.
Investor Perspective: Dr Sachin Chopda, Managing Director of Pushpam Group, notes the positive response to their new resort home, Balibaug, in Alibaug. He credits the MTHL and other infrastructure projects in the Mumbai Metropolitan Region (MMR) for the increased demand. He predicts that second-home markets like Alibaug and Karjat could become primary home destinations in the next seven to ten years, thanks to these infrastructural transformations.
Alibaug's Evolving Landscape
The demand for second homes in Alibaug has surged in the last three years, further cementing its status as an ideal investment for holiday homes. The potential for rental management services, offering up to a projected 5 percent rental yield, adds to Alibaug's charm. The real estate market in Alibaug offers a range from economical apartments to luxurious villas, catering to varied budgets and preferences. The consistent rise in property prices marks Alibaug as a stable and less volatile investment option compared to other markets.
The MTHL's Impact
The MTHL, a challenging and significant project executed by the Mumbai Metropolitan Region Development Authority (MMRDA), is more than just a bridge; it's a catalyst for change, driving investments and transforming lifestyles. Its completion heralds a new era for Alibaug, positioning it as one of the most sought-after lifestyle destinations with upcoming hospitals, international schools, and enhanced RO-RO vessels and water taxi services.
In conclusion, the MTHL is not just connecting two geographical points; it's bridging the gap between urban hustle and serene, luxurious living, making Alibaug an irresistible destination for resort home investors.
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Published on September 24, 2024
With this addition, Stone Wood Hotels & Resorts now boasts nine properties across Goa.
Goa-based hospitality chain Stone Wood Hotels & Resorts is proud to announce the launch of its latest property, Azalea by Stone Wood, a luxurious retreat set amidst the scenic beauty of Carmona in South Goa. Located just 700 metres from the pristine White Sands of Carmona Beach and within walking distance of Zalor Beach, the resort offers a serene escape for travellers seeking relaxation and tranquillity. The launch of Azalea by Stone Wood strengthens the brand's presence in Goa, a destination known for its stunning beaches, historic churches, and vibrant local culture.
Azalea by Stone Wood offers 52 well-appointed rooms, including deluxe, premium, and suite options, with modern amenities such as high-speed Wi-Fi, HD LED televisions, and 24-hour room service. The resort also features a multi-cuisine restaurant, Café d'Azalea, a swimming pool, and guest services, including airport transfers and a business centre, making it an ideal choice for leisure and business travellers.
Guests of Azalea can explore nearby attractions, including Cabo de Rama Fort, a historic landmark with breathtaking views of the Arabian Sea, and Big Foot, a recreated Goan village that offers a glimpse into the region's rich cultural heritage. The property is also close to the iconic Arch of Coconut Trees, a natural landmark perfect for picturesque moments.
Commenting on the launch, Mr. Shikhar Kumar, Managing Director of Stone Wood Hotels & Resorts, said, "We are thrilled to introduce Azalea by Stone Wood, which perfectly captures the essence of South Goa's beauty and tranquillity. With its prime location, luxurious accommodations, and world-class amenities, we believe Azalea will provide an unforgettable experience for every guest. We continue to believe in experiential boutique properties and value-for-money vacation experience."
Maintaining the high standards of safety and hygiene that Stone Wood Hotels & Resorts is known for, the property implements stringent cleanliness protocols to ensure a safe and comfortable stay for all visitors. Positioned as an ideal destination for family vacations, romantic getaways, corporate events, and beach weddings, Azalea offers a luxurious and peaceful setting in the heart of South Goa.
About Stone Wood Hotels and Resorts
Established in 2017, Stone Wood Hotels and Resorts, based out of Goa, offers unparalleled value-for-money boutique stays at prime destinations across India. With properties spanning the serene beaches of Goa, the lush landscapes of Karnataka, and the tranquil mountains of Himachal Pradesh, each location provides premium amenities, diverse dining options, and personalised services. Ideal for both relaxation and adventure, Stone Wood's 16 properties promise an exceptional vacation experience without compromising on comfort or elegance.
Website - stonewoodresorts.com
Published on September 23, 2024
Tamara Leisure Experiences celebrated a significant milestone with the inauguration of its first Lilac Hotels property in Kerala, Lilac Hotels Guruvayur, on September 21st. This launch marks the company’s third hotel in the state, strategically located just 550 meters from the revered Guruvayur Temple, South Nada. Designed to meet the increasing demand for comfortable and convenient stays, the hotel aims to elevate spiritual tourism in the region.
The grand inauguration ceremony was attended by prominent dignitaries, including Shri. M B Rajesh, Minister for Local Self Governments, Rural Development, and Excise; Shri. N K Akbar, MLA of Guruvayur Constituency; Shri. M Krishnadas, Chairman of Guruvayur Municipality; Dr. V K Vijayan, Chairman of Guruvayur Devaswom; and Ms. Shobha Harinarayanan, Ward Councillor of Guruvayur Municipality.
During her address, Ms. Shruti Shibulal, CEO and Director of Tamara Leisure Experiences, expressed the brand’s commitment to enhancing spiritual tourism, stating, "Lilac Hotels Guruvayur holds immense personal significance and remains strategically important to Tamara’s long-term vision of expansion in the spiritual tourism sector. We are committed to furthering our presence in Kerala while expanding nationally and internationally." She also emphasized the hotel’s pivotal role in supporting the booming wedding tourism sector in Guruvayur, referencing the record-setting 334 weddings conducted in a single day at the Guruvayur Temple earlier this month. The hotel is poised to cater to the rising demand for wedding-related services, offering unparalleled facilities for guests seeking memorable celebrations.
Looking ahead, Tamara Leisure Experiences plans to expand the Lilac Hotels brand further, with new properties slated to open in Tamil Nadu's Velankanni and additional locations in Kerala, including Kannur and Alappuzha. The brand will also enter North India, starting with Bodh Gaya in Bihar, aligning with its broader vision of becoming a leading player in spiritual tourism across India.
Lilac Hotels Guruvayur: Comfort Meets Spiritual Tourism
Lilac Hotels Guruvayur features 36 well-appointed rooms, including interconnecting rooms ideal for families and large groups attending temple events, weddings, or other ceremonies. The hotel can accommodate up to 94 guests, providing a comfortable stay for visitors of all kinds.
The property’s signature multi-cuisine vegetarian restaurant, Kesar, offers a diverse dining experience, while Utsava, the elegant banquet hall, can host up to 300 guests—perfect for weddings and events. The hotel also features a Sadhya Hall, designed for traditional Kerala feasts, accommodating up to 100 guests.
With its prime location, modern amenities, and dedication to enhancing spiritual and wedding tourism experiences, Lilac Hotels Guruvayur is set to become a key destination for pilgrims and tourists alike.
About Tamara Leisure Experiences
Tamara Leisure Experiences is a dynamic hospitality brand with a portfolio of hotels, resorts, and retreats. Committed to providing luxurious, sustainable, and culturally rich experiences, the company continues to expand its footprint across India with a special focus on spiritual and wellness tourism.
Published on September 19, 2024
SV Hotel has achieved a major milestone by opening the Residence Inn Geneva City Nations, marking the debut of Marriott International's Residence Inn brand in Switzerland. This extended-stay hotel caters to long-term guests, adding to SV Hotel’s portfolio and reinforcing its position as a leader in Switzerland's hospitality industry.
Located in the Petit-Saconnex district of Geneva, the hotel offers 99 spacious suites designed to accommodate guests staying for extended periods. Each suite is equipped with a fully furnished kitchenette, providing the comfort of a private apartment along with the services of a full-service hotel. Amenities include complimentary hot breakfast, high-speed Wi-Fi, and a range of hotel services tailored to long-term visitors.
The Residence Inn Geneva City Nations also features a modern meeting room for business needs, a 24/7 fitness center to help guests maintain their wellness routines, and a 24/7 Grab-and-Go Market for quick snacks or essentials. Its prime location, just eight minutes from Geneva International Airport and close to the city center, makes it an ideal choice for international business travelers, diplomats, and families seeking a comfortable, long-term stay in Geneva.
Phil Andreopoulos, Chief Operating Officer, Sub-Saharan Africa, Owner and Franchise Services, EMEA, expressed his excitement about the hotel’s launch. "The opening of the first Residence Inn in Switzerland marks a significant step in the expansion of this successful brand in Europe. SV Hotel has already proven to be a reliable and innovative partner in introducing the concept in Europe. They will undoubtedly set new standards in Geneva with their experience and understanding of the needs of long-term travelers."
The hotel is specifically designed for guests staying five nights or more, offering ample living space, privacy, and high-quality service. The Residence Inn’s concept, "It’s not a room. It’s a Residence," aims to make long-term guests feel at home, allowing them to continue their daily routines seamlessly during their stay.
Marco Meier, Managing Director of SV Hotel, highlighted the importance of this opening for the company. “With the opening of the first Residence Inn in Switzerland, we are continuing our success story as a pioneer in the extended-stay segment. We are proud to introduce this proven brand to the Swiss market after opening the first Residence Inn in Europe in Munich in 2011. The Residence Inn Geneva City Nations is the perfect addition to our portfolio, and it further proves our expertise in providing customized solutions for discerning long-stay guests.”
Marie Pierre Carite, General Manager of Residence Inn Geneva City Nations, added, "Our hotel is more than a place to stay; it is a temporary residence for individuals who prioritize quality, privacy, and exceptional service." She emphasized that the brand’s focus is on integrating work and leisure, offering thoughtful amenities and community events that make long stays productive and comfortable.
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