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By Author
Published on December 23, 2023
German flagship carrier Lufthansa has made a significant move in aviation by placing a $9 billion order for 80 planes from Boeing and Airbus. This order, set to be delivered between 2026 and 2032, includes 40 Boeing 737 MAX 8 planes and 40 Airbus A220-300s, along with options for additional future purchases.
The deal marks a historic moment for Lufthansa, as it's their first acquisition of Boeing narrow-body planes in three decades and the first purchase of the 737 MAX model. This decision reflects a strategic move by the airline to diversify its fleet and enhance its service offerings. Lufthansa's relationship with Boeing dates back to the late 1960s when they were a launch customer for an older version of the 737. However, after phasing out the 737 in 2016, the airline has maintained an all-Airbus single-aisle fleet until now.
The order also includes future purchasing options: 60 for the MAX 8, 20 for the A220, and 40 options for Airbus A320s. Lufthansa has a history of purchasing Boeing wide-body aircraft, with 787 Dreamliners, 777 freighters, and the upcoming 777X mini-jumbo already in its backlog.
This move by Lufthansa is also a significant boost for the Airbus A220, formerly known as the Bombardier CSeries. Lufthansa was the original launch customer for this aircraft in 2008, before Airbus acquired the program in 2018.
Carsten Spohr, Lufthansa CEO, stated that ordering Boeing 737 aircraft again is a strategic decision, especially considering the MAX 8’s alignment with the company’s carbon reduction goals. He also highlighted Lufthansa's ongoing relationship with Airbus, noting the delivery of their 600th Airbus aircraft and anticipation of the 700th.
The announcement positively impacted the stock market, with Boeing shares up 1.6% and Airbus up 0.6%. Lufthansa plans to finance this purchase through net investments of €2.5-3 billion in 2023 and a similar amount in 2024, without significantly impacting capital expenditure during these years.
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By Hariharan U
Published on December 4, 2025
Appu Hotels Ltd. has announced a major milestone with the signing of a long-term 20-year agreement with Marriott International for its flagship properties, Le Royal Méridien Chennai and Le Méridien Coimbatore. The renewed partnership reinforces Marriott’s commitment to both hotels and sets a strong, stable future for the brand in Tamil Nadu.
The agreement was signed by Mr. Avneet Singh Bhutani, Vice President – Asset Management, AP & EC, Marriott International, and Dr. Palani G. Periasamy, Chairman of Appu Hotels Ltd. The ceremony took place at Le Royal Méridien Chennai and included media interaction, a champagne toast, and a reaffirmation of Marriott’s global standards across both properties.
Strategically located between the airport and the city’s business hubs, Le Royal Méridien Chennai features 240 rooms, multiple restaurants and bars, a large banquet area for up to 1,500 guests, an outdoor pool, and a range of modern facilities.
Under the new agreement, the hotel will move into its next phase of upgrades. Planned enhancements include refreshed guest rooms, improved public areas, updated banquet spaces, and elevated service touchpoints to match Marriott’s latest global benchmarks.Le Méridien Coimbatore, A Premium Five-Star Favourite
Situated in Neelambur, Le Méridien Coimbatore offers 254 rooms and suites, contemporary interiors, multiple dining options, a spa, outdoor pool, fitness centre, and business/event facilities.
The hotel already meets Marriott’s updated global standards and continues to be a top choice among travellers. Its strong guest reviews for comfort, service, and convenience make it a preferred stay near Coimbatore Airport and key business districts. The new agreement ensures consistency and long-term stability for the property.
A United Vision for Tamilnadu: The 20-year deal signals a clear long-term strategy for both hotels. Guests can expect reliable service, upgraded amenities, and a consistent international experience across Chennai and Coimbatore. Together, the properties strengthen Appu Hotels’ position as a leading player in Tamil Nadu’s luxury hospitality landscape — catering to business travellers, leisure guests, weddings, and large-scale events.
Quotes from Leadership, Dr. Palani G. Periasamy, Chairman, Appu Hotels Ltd., said, “This 20-year agreement with Marriott International reaffirms our faith in the global standards of hospitality. With Le Méridien Coimbatore already operating as a premium facility and Le Royal Méridien Chennai entering its next phase of upgrades, we are committed to offering world-class experiences while honouring our legacy in Tamil Nadu’s hotel industry.”
Avneet Singh Bhutani, Vice President – Asset Management, AP & EC, Marriott International, added, “Our continued partnership reflects Marriott’s confidence in the vision and legacy of Appu Hotels. We look forward to delivering consistent, high-quality hospitality across both Le Méridien properties in Chennai and Coimbatore, enhancing guest experiences, and strengthening Marriott’s footprint in South India.”
About the Properties
Le Royal Méridien Chennai and Le Méridien Coimbatore, owned by Appu Hotels Ltd., operate under Marriott International’s Le Méridien brand. Both hotels blend international hospitality with regional warmth, offering luxury stays, modern amenities, business and event facilities, and dependable guest service.
By Manu Vardhan Kannan
India’s leading hospitality entrepreneurs and short-term rental professionals have announced the launch of ISTHA (Indian Short-Term Rental Host Association), the country’s first national platform dedicated to the short-term rental and alternative accommodation sector. With India seeing strong growth in homestays, boutique stays, serviced apartments, vacation rentals, guesthouses, B&Bs, and experiential accommodations, the industry has long operated without a unified structure or representation. ISTHA has been created to address this gap.
Speaking about the launch, Mr Gaurav Marwah, President of ISTHA, said that India’s short-term rental segment has expanded faster than traditional models but remains largely unorganised. He shared that ISTHA aims to build a credible and structured voice for hosts and operators with a focus on quality, compliance, and community. The platform will work to standardise documentation, hosting practices, and operational frameworks across India while helping hosts with knowledge exchange, compliance support, and collaboration.
ISTHA’s mandate includes establishing best-practice standards for hosts and property managers, engaging with authorities for regulatory clarity, providing training programmes and certification, creating state and regional chapters, encouraging collaboration with OTAs, tourism boards and technology partners, and promoting responsible hosting, safety standards and guest trust across the ecosystem. “Our mission is not just to build a network, it is to build trust. Trust between hosts, guests, and policymakers. ISTHA will champion responsible hosting, safety norms, and a consistently high-quality guest experience nationwide,” added Mr. Gaurav Marwah.
ISTHA is structured as a federal, member-driven organisation led by professionals from hospitality, tourism, real estate, and property management. The leadership team includes:
Gaurav Marwah, President: Airbnb Superhost and property management professional handling over 50 units across NCR and Jaipur, with active involvement in host representation and regulatory clarity.
Tarun Arora, Treasurer: Hospitality entrepreneur with experience in real estate and budget accommodation, overseeing financial and membership operations.
Priyanka M, General Secretary: Hospitality and operations specialist managing communications, documentation and organisational development.
Several homestay owners, B&B operators, vacation rental hosts, and property managers from Delhi NCR, Jaipur, Mumbai, Goa, Chennai, Coimbatore, Shimla, and Bengaluru have joined ISTHA during its founding phase. The association will soon introduce its first National Conclave, State Host Councils, and collaborations with OTAs, tourism boards, and technology partners.
About ISTHA (Indian Short-Term Rental Host Association)
ISTHA is a Section 8 non-profit industry body formed to represent India’s short-term rental, homestay, B&B, and alternative hospitality ecosystem. Its mission is to promote responsible hosting, support policy dialogue with authorities, provide training and resources for host development, and strengthen India’s position as a hub for flexible, experiential, and community-driven hospitality.
Arabian Delites has wrapped up 2025 with a major milestone as the brand opens its newest cloud kitchen in Vasant Kunj, marking its 6th outlet and 3rd cloud kitchen in Delhi. The launch strengthens the brand’s delivery network and brings its well-loved Middle Eastern flavours to yet another neighbourhood in the capital.
Founded in 1994 by K.D. Singh, Arabian Delites has spent over three decades building a strong reputation for flavour-forward, wholesome, and authentic Lebanese food. From shawarmas and doners to hummus bowls and falafels, the brand has remained consistent in offering meals that balance taste with a clean, health-first approach, a key reason behind its loyal customer base across Delhi-NCR.
The year 2025 proved transformational for the brand. Arabian Delites doubled its team size, upgraded tech systems for smoother operations, and expanded its store count, laying a strong foundation for efficient national growth. The menu also expanded with new offerings, including traditional Middle Eastern desserts like Baklavas, giving customers more reasons to indulge.
The new Vasant Kunj kitchen continues this momentum. Designed to serve high delivery demand without compromising quality, the outlet will offer the full menu across major food delivery platforms. Customers can enjoy signature dishes such as doners, shawarmas, rice bowls, hummus, falafels, and desserts prepared fresh in a modern cloud-kitchen format.
Speaking about the expansion, Mandeep Singh, Director, Arabian Delites, said, “We are excited to continue expanding our reach across Delhi-NCR with this launch. With a solid foundation built in 2025, we are now well-prepared to scale responsibly across India as sustainable growth is more important to us than overnight expansion.”
Looking ahead, Arabian Delites has ambitious plans. The brand aims to reach 100 outlets by 2028 and is set to double its store count in 2026, moving steadily towards a pan-India presence
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