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By Nithyakala Neelakandan
Published on July 18, 2024
The Confederation of Indian Industry (CII) has teamed up with Hyatt Hotels and Ecole Hôtelière de Lausanne (EHL) to launch an 18-month Vocational Education and Training (VET) Swiss Professional Diploma programme aimed at enhancing skills in the Indian hospitality sector. The programme is open to students who have completed their Class 12 and will be conducted at top Hyatt properties in Delhi NCR and Lucknow, including Hyatt Regency (Delhi), Hyatt Regency (Lucknow), Andaz (Delhi), and Grand Hyatt (Gurugram).
This initiative comes as part of CII’s ongoing efforts to equip students with practical skills and job placements. Currently, more than 500 students are undergoing similar training across various hotels in India. Successful graduates of the Swiss Professional Diploma are assured job placements by CII.
Sunjae Sharma, Managing Director for India and Southwest Asia at Hyatt Hotels, said “At a time when India is emerging as a global leader in the hospitality industry, there is significant growth potential for the youth of India who choose the VET by EHL programme, offered by the Confederation of Indian Industry. We are proud to be the first international hotel chain company in India to collaborate with CII and EHL for this initiative and to contribute to training a new generation of hoteliers. I am confident that the learning and training imparted at Hyatt will enable these young minds to stand out in this competitive sector and achieve their dreams.”
Aman Aditya Sachdev, Director and Regional Head at EHL for South Asia, Middle East, and Myanmar, commented, “The VET by EHL program is based on principles of the world-renowned Swiss Competency Framework and has been developed by EHL subject matter experts and faculty members, as well as with global industry feedback. The objective of the program is to prepare the youth worldwide for frontline job roles in the hospitality industry at global standards. Students of the program in India will be at a significant advantage with future employers, in global mobility and in their career progression. They will acquire the relevant knowledge and competencies required by the industry at par with international programs. We are excited to launch the VET by EHL program today at multiple Hyatt Hotels across India. The program shall be delivered in coordination with the CII Institute of Hospitality; CII and EHL have established a long-term strategic partnership in India for the skilling of the youth for the hospitality sector.”
Sougata Roy Choudhury, Executive Director at CII, said “With the rapidly expanding hospitality industry in India and many other countries, there is an unprecedented requirement of skilled professionals. Also, the youths’ interest in long duration courses is dwindling. Hence, CII, as an Industry body has stepped in to bridge this gap through the VET by EHL Swiss Professional Diploma initiative, that offers practical training by industry experts at renowned and luxurious Hyatt hotels. We ensure students are job-ready from day one, and upon completing this 18-month diploma, they secure placements in top hotels and restaurants worldwide.”
The VET by EHL programme is structured into three levels of learning: Foundation, Intermediate, and Advanced, covering Culinary, Food & Beverage Service, and Rooms. Each level builds on the previous one, culminating in a Professional Diploma. Students will have access to a global Learning Management System and will be assessed on both theoretical and practical skills. Additionally, graduates will join the VET by EHL Global Alumni Network and have the option to pursue a UGC-recognized degree.
Eligibility for the programme requires students to have completed their 12th standard with at least 50% marks in English from a recognized board in India.
For more information, interested individuals can contact CII via phone at 8700554435, email at admissions@ciiskills.in, or visit the website at www.ciiih.com.
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By Manu Vardhan Kannan
Published on January 2, 2026
Aircastle Limited has announced that it will release its third quarter financial results for the period ended November 2025. The results will be made public before market hours, offering investors and industry stakeholders insights into the company’s recent performance.
Alongside the announcement, Aircastle’s management will host a conference call to discuss the financial results and provide updates on business operations. The call will be open to all interested participants, including analysts, investors, and members of the public.
Participants will be able to join the live conference call by dialing the designated toll-free or international access numbers. Callers are advised to join a few minutes early and reference the company name, “Aircastle,” when prompted by the operator.
A simultaneous webcast of the conference call will also be made available on a listen-only basis through the company’s official website. Listeners are encouraged to visit the website in advance to ensure that any required software is installed for uninterrupted access.
For those unable to attend the live session, a replay of the webcast will be available on Aircastle’s website shortly after the conclusion of the conference call, allowing stakeholders to review the discussion at their convenience.
By Author
Published on December 28, 2025
SKA Group has announced the addition of three popular food and beverage brands—Bercos, The Barbeque Company, and Domino’s—to the retail portfolio of SKA Arcadia, its flagship commercial development in Wave City, Ghaziabad. The new brands will occupy a combined area of over 14,500 sq. ft., further enhancing the project’s appeal as a high-potential neighbourhood retail destination.
Strategically positioned at the main entrance of Wave City on NH-24, SKA Arcadia benefits from excellent connectivity to Ghaziabad, Indirapuram, and surrounding premium residential catchments. Its location, coupled with a thoughtfully curated tenant mix, continues to position it as one of the region’s most attractive emerging commercial hubs.
Commenting on the development, Sanjay Sharma, Director, SKA Group, said that SKA Arcadia has been envisioned as a neighbourhood centre offering everyday convenience, quality dining, and a strong sense of community. He added that the inclusion of Bercos, The Barbeque Company, and Domino’s reflects the group’s focus on curating brands aligned with evolving consumer lifestyles, while creating a vibrant ecosystem where both retailers and customers can thrive as Wave City continues to grow.
The newly signed brands join established anchor tenants such as Haldiram’s, which occupies over 11,000 sq. ft. at the development. With these additions, SKA Arcadia further strengthens its positioning as a modern, experience-driven commercial destination designed for high footfall, convenience, and long-term value creation.
Spread across 2 acres, SKA Arcadia is a signature high-street commercial development featuring five floors of retail and dining spaces. The project offers premium amenities including fine dining restaurants, a food court, escalators, elevators, multi-level mechanical parking, power backup, and high-speed Wi-Fi, and is registered under RERA number UPRERAPRJ228610/03/2025.
Published on November 9, 2025
Wonderla Holidays Ltd. has announced its financial results for the second quarter and half year ended September 30, 2025, marking its best-ever Q2 performance in company history. The remarkable results highlight record revenues, strong footfall growth, and a sharp increase in profitability.
The company reported a 12% year-on-year rise in footfalls to 5.05 lakh visitors, with total income up 24% YoY at ₹88.52 crore and EBITDA soaring eightfold to ₹7.48 crore.
Parkwise, the company registered footfalls of 1.96 lakh in Bengaluru, 1.92 lakh in Kochi, 0.93 lakh in Hyderabad, and 0.24 lakh in Bhubaneswar, reflecting consistent performance across locations.
Commenting on the results, Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., said,
“This quarter marks a defining moment in Wonderla’s journey, as we achieved our best-ever Q2 performance with record revenues, footfalls, and a sharp improvement in profitability. A 24 percent year-on-year growth in total income and an 8X jump in EBITDA highlight the resilience of our business model and the power of the Wonderla brand.”
He added that the strong results were driven by effective branding and footfall-driving campaigns, alongside enhanced digital sales strategies, which now contribute to half of total bookings. The company’s investments in technology, operational efficiency, and customer convenience have played a vital role in driving this growth.
Chittilappilly also noted that new offerings like “Isle by Wonderla” continue to strengthen guest engagement and diversify the company’s revenue base.
“Looking ahead, we remain excited about the next phase of expansion. Work on our Chennai Park is progressing rapidly, and we’re on track to announce the launch by December 2025. With strong fundamentals, expanding capacity, and a trusted brand, we’re confident of sustaining our momentum and delivering long-term value to both our guests and shareholders,” he said.
With this milestone quarter, Wonderla Holidays continues to reinforce its leadership in India’s amusement park sector through innovation, guest experience, and strategic expansion.
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