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Tag: Hotel

  • MakeMyTrip enables to book hotel with no upfront payment

    MakeMyTrip enables to book hotel with no upfront payment

    Mumbai: MakeMyTrip has introduced a new and innovative payment model, ‘Book with No Payment,’ that enables domestic and international travellers to book a hotel in India or overseas with no upfront payment.

    MakeMyTrip chief operating officer Vipul Prakash shared that the feature is widely appreciated by the customers and has boosted the company’s business. He said, “Within the first month of launch, we observed a significant uptick in the use of this feature across the country, with a spike in hotel bookings slated to be actualized two months from now. Significantly, 35 per cent of the bookings, leveraging the feature, are currently coming from tier II and III markets.”

    To introduce this feature, the online travel booking company has also launched a campaign featuring its brand ambassadors Alia Bhatt and Ranveer Singh. The high-blitz ad campaign highlights how the travel booking experience is evolving fast with the key message of ‘Thinking badlo, kyunki travel ab… badal gaya hai.’

    This breakthrough feature is available for the majority of hotels on the MakeMyTrip and Goibibo apps and can be availed if the traveller makes a booking more than five days before the actual check-in date.

    The feature was created to help travellers with uncertain travel plans or those who book far in advance of their departure date by allowing them to pay later, up to 72 hours before check-in, as per hotel policy, easing any travel-related financial anxiety.

    The traveller needs to pay just one rupee to authenticate the payment method (including UPI/net banking/credit and debit cards and wallets) to make a hotel booking. In the event of an unfulfilled booking, MakeMyTrip will automatically initiate a refund of the booking amount, i.e., one rupee, in the original payment mode.

  • Chrome DM to track channels, competition etc. in hotels

    Chrome DM to track channels, competition etc. in hotels

    MUMBAI: Chrome Data Analytics and Media, India’s largest Primary Research and Data Analytics Company, has launched Hotel Track for Broadcasters and Distribution Service Providers to track their channel availability across premium hotels in India.

    Chrome Hotel Track covers 156 Five Star Hotels, as well as 203 Four Star and 257 Three star Hotelsspread across India. With the report, broadcasters will be able to get access to the following insights:

    ·Channel Availability

    ·Competition Channel Availability

    ·Neighbourhood Insights

    ·Total Rooms and Average Room Occupancy

    ·OTS Insights for Your Channel v/s Competition

    Speaking at the launch, Chrome Data Analytics and Media founder and CEO Pankaj Krishna said, “Chrome Hotel Track is a platform for broadcasters to monitor their channel performance in the hotel sector, which makes up for a large chunk of their viewership but goes ignored. Hotel Track will fill that gap.”

    Founded in 2008, Chrome DM is today India’s largest primary research and data analytics company. As of November, 2016, the organization had a team of over 650 field staff, over 150 managerial team and 450 tele-callers speaking over 22 languages to gather data from 3300 towns and 2,15,000 villages.

    The Group operates in the fields of broadcast distribution audit & monitoring, market research and media services. The company currently has six proprietary tools which have gained wide industry acceptance and usage in the past seven years, leading to over 400 clients.

  • Chrome DM to track channels, competition etc. in hotels

    Chrome DM to track channels, competition etc. in hotels

    MUMBAI: Chrome Data Analytics and Media, India’s largest Primary Research and Data Analytics Company, has launched Hotel Track for Broadcasters and Distribution Service Providers to track their channel availability across premium hotels in India.

    Chrome Hotel Track covers 156 Five Star Hotels, as well as 203 Four Star and 257 Three star Hotelsspread across India. With the report, broadcasters will be able to get access to the following insights:

    ·Channel Availability

    ·Competition Channel Availability

    ·Neighbourhood Insights

    ·Total Rooms and Average Room Occupancy

    ·OTS Insights for Your Channel v/s Competition

    Speaking at the launch, Chrome Data Analytics and Media founder and CEO Pankaj Krishna said, “Chrome Hotel Track is a platform for broadcasters to monitor their channel performance in the hotel sector, which makes up for a large chunk of their viewership but goes ignored. Hotel Track will fill that gap.”

    Founded in 2008, Chrome DM is today India’s largest primary research and data analytics company. As of November, 2016, the organization had a team of over 650 field staff, over 150 managerial team and 450 tele-callers speaking over 22 languages to gather data from 3300 towns and 2,15,000 villages.

    The Group operates in the fields of broadcast distribution audit & monitoring, market research and media services. The company currently has six proprietary tools which have gained wide industry acceptance and usage in the past seven years, leading to over 400 clients.

  • Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    BENGALURU: Adlabs Entertainment Limited (Adlabs) reported a 7.8 per cent YoY growth in Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016) at Rs 73.19 crore as compared to Rs 67.92 crore and almost double (up 1.97 times) the Rs 37.21 crore reported for Q2-2016. The company reported a 22.5 per cent YoY growth in footfalls in the current quarter at 4,49,621 footfalls as compared to 3,67,019 footfalls and 81.2 per cent higher QoQ than the 2,48,123 footfalls in the immediate trailing quarter.

     

    Note:  (1) 100,00,000 = 100 lakh = 10 million = 1 crore

     (2) All numbers in this report are standalone unless stated otherwise

     

    The company’s EBIDTA in Q3-2016 increased 9.3 per cent YoY in the current quarter at Rs 14.78 crore (20.2 per cent margin) as compared to Rs 13.53 crore (19.9 margin) and a negative EBIDTA of Rs 6.26 crore in the immediate trailing quarter.

     

    Let us look at the other numbers reported by Adlabs

     

    Total Expenditure in Q3-2016 increased 9.8 per cent YoY to Rs 82.19 crore (112.3 per cent of TIO) as compared 74.84 crore (110.2 per cent of TIO) and was 26.5 per cent higher QoQ as compared to Rs 64.99 crore (174.7 per cent of TIO).

     

    A major expense head for Adlabs is Employee Benefits Expense (EBE). EBE in Q3-2016 declined 2.3 per cent YoY to Rs 14.06 crore (19.2 per cent of TIO) from Rs 14.39 crore (21.2 per cent of TIO) in Q3-2015, and declined 5.3 per cent QoQ from Rs 14.85 crore (39.9 per cent of TIO).

     

    Loss in the current quarter was higher YoY at Rs 25.2 crore as compared to Rs 22.39 crore, but lower QoQ as compared to Rs 34.73 crore in the immediate trailing quarter.

     

    Segment performance

     

    Five segments contribute to Adlabs revenue. They are: Tickets; Food and Beverages (F&B); Merchandise; Hotel; and Other Operations.

     

    The largest segment, Tickets reported a 10.4 per cent YoY decline in revenue in Q3-2016 at Rs 45.78 crore as compared to Rs 51.09 crore, but an 86.2 per cent QoQ increase as compared to Rs 24.58 crore. The segment reported a higher YoY operating loss at Rs 11.47 crore as compared to an operating loss of Rs 9.41 crore but lower QoQ operating loss as compared to Rs 28.17 crore.

     

    F&B segment reported 35.2 per cent YoY revenue growth at Rs 14.19 crore as compared to Rs 10.50 crore and more than double (2.17 times) QoQ as compared to Rs 6.53 crore. The segment reported a 14.4 per cent YoY growth in operating profit at Rs 4.79 crore as compared to Rs 4.19 crore and was more than triple (3.37 times) QoQ as compared to Rs 1.42 crore.

     

    Adlabs Merchandise segment reported 15.8 per cent higher revenue in Q3-2016 at Rs 6.23 crore as compared to Rs 5.38 crore in the corresponding year ago quarter and was 73 per cent more than the Rs 3.6 crore in the immediate trailing quarter. The segment reported more than double (2.5 times) YoY growth in operating profit at Rs 1.07 crore as compared to Rs 0.43 crore and 21.9 per cent higher QoQ operating profit as compared to Rs 0.88 crore.

     

    The Hotel segment is a new segment hence no comparable YoY numbers are available. QoQ, the segment reported over seven times (7.6 times) growth in revenue to Rs 4.73 crore as compared to Rs 0.62 crore. The segment reported a loss of Rs 1.89 crore in Q3-2016 as compared to a loss of Rs 0.61 crore in Q2-2016.

     

    Other Operations segment reported revenue of Rs 2.26 crore in the current quarter; Rs 0.96 crore in Q3-2015 and Rs 1.88 crore in Q2-2016. The segment reported operating profit of Rs 0.66 crore in Q3-2016, operating loss of Rs 0.45 crore in Q2-2015 and an operating profit of Rs 0.62 crore in Q2-2016.

     

    Company speak

     

    Adlabs CEO Kapil Bagla said, “The footfalls to both parks Imagica and Aquamagica put together in this quarter equals 4.49 lakh vs 3.67 lakh, signifying a growth of 23 per cent on YoY basis. We are also happy to share with you that on 27 December, 2015, we entertained the highest single day footfalls of 14,128 in Imagica. We are extremely enthused by the performance of our Hotel Novotel Imagica for Q3 average occupancy of the hotel stood at a healthy 75 per cent with an average room rate (ARR) of Rs 5,800 plus. The hotel has consistently generated excellent customer feedback and reviews. In December we achieved the milestone or entertaining three million guests in our parks in 2.5 years since the launch of Imagica in 2013, probably the fastest and highest ramp-up of any outdoor destination in the country.”

  • Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    Q3-2016: Adlabs revenue up 8% on 22% footfall growth

    BENGALURU: Adlabs Entertainment Limited (Adlabs) reported a 7.8 per cent YoY growth in Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016) at Rs 73.19 crore as compared to Rs 67.92 crore and almost double (up 1.97 times) the Rs 37.21 crore reported for Q2-2016. The company reported a 22.5 per cent YoY growth in footfalls in the current quarter at 4,49,621 footfalls as compared to 3,67,019 footfalls and 81.2 per cent higher QoQ than the 2,48,123 footfalls in the immediate trailing quarter.

     

    Note:  (1) 100,00,000 = 100 lakh = 10 million = 1 crore

     (2) All numbers in this report are standalone unless stated otherwise

     

    The company’s EBIDTA in Q3-2016 increased 9.3 per cent YoY in the current quarter at Rs 14.78 crore (20.2 per cent margin) as compared to Rs 13.53 crore (19.9 margin) and a negative EBIDTA of Rs 6.26 crore in the immediate trailing quarter.

     

    Let us look at the other numbers reported by Adlabs

     

    Total Expenditure in Q3-2016 increased 9.8 per cent YoY to Rs 82.19 crore (112.3 per cent of TIO) as compared 74.84 crore (110.2 per cent of TIO) and was 26.5 per cent higher QoQ as compared to Rs 64.99 crore (174.7 per cent of TIO).

     

    A major expense head for Adlabs is Employee Benefits Expense (EBE). EBE in Q3-2016 declined 2.3 per cent YoY to Rs 14.06 crore (19.2 per cent of TIO) from Rs 14.39 crore (21.2 per cent of TIO) in Q3-2015, and declined 5.3 per cent QoQ from Rs 14.85 crore (39.9 per cent of TIO).

     

    Loss in the current quarter was higher YoY at Rs 25.2 crore as compared to Rs 22.39 crore, but lower QoQ as compared to Rs 34.73 crore in the immediate trailing quarter.

     

    Segment performance

     

    Five segments contribute to Adlabs revenue. They are: Tickets; Food and Beverages (F&B); Merchandise; Hotel; and Other Operations.

     

    The largest segment, Tickets reported a 10.4 per cent YoY decline in revenue in Q3-2016 at Rs 45.78 crore as compared to Rs 51.09 crore, but an 86.2 per cent QoQ increase as compared to Rs 24.58 crore. The segment reported a higher YoY operating loss at Rs 11.47 crore as compared to an operating loss of Rs 9.41 crore but lower QoQ operating loss as compared to Rs 28.17 crore.

     

    F&B segment reported 35.2 per cent YoY revenue growth at Rs 14.19 crore as compared to Rs 10.50 crore and more than double (2.17 times) QoQ as compared to Rs 6.53 crore. The segment reported a 14.4 per cent YoY growth in operating profit at Rs 4.79 crore as compared to Rs 4.19 crore and was more than triple (3.37 times) QoQ as compared to Rs 1.42 crore.

     

    Adlabs Merchandise segment reported 15.8 per cent higher revenue in Q3-2016 at Rs 6.23 crore as compared to Rs 5.38 crore in the corresponding year ago quarter and was 73 per cent more than the Rs 3.6 crore in the immediate trailing quarter. The segment reported more than double (2.5 times) YoY growth in operating profit at Rs 1.07 crore as compared to Rs 0.43 crore and 21.9 per cent higher QoQ operating profit as compared to Rs 0.88 crore.

     

    The Hotel segment is a new segment hence no comparable YoY numbers are available. QoQ, the segment reported over seven times (7.6 times) growth in revenue to Rs 4.73 crore as compared to Rs 0.62 crore. The segment reported a loss of Rs 1.89 crore in Q3-2016 as compared to a loss of Rs 0.61 crore in Q2-2016.

     

    Other Operations segment reported revenue of Rs 2.26 crore in the current quarter; Rs 0.96 crore in Q3-2015 and Rs 1.88 crore in Q2-2016. The segment reported operating profit of Rs 0.66 crore in Q3-2016, operating loss of Rs 0.45 crore in Q2-2015 and an operating profit of Rs 0.62 crore in Q2-2016.

     

    Company speak

     

    Adlabs CEO Kapil Bagla said, “The footfalls to both parks Imagica and Aquamagica put together in this quarter equals 4.49 lakh vs 3.67 lakh, signifying a growth of 23 per cent on YoY basis. We are also happy to share with you that on 27 December, 2015, we entertained the highest single day footfalls of 14,128 in Imagica. We are extremely enthused by the performance of our Hotel Novotel Imagica for Q3 average occupancy of the hotel stood at a healthy 75 per cent with an average room rate (ARR) of Rs 5,800 plus. The hotel has consistently generated excellent customer feedback and reviews. In December we achieved the milestone or entertaining three million guests in our parks in 2.5 years since the launch of Imagica in 2013, probably the fastest and highest ramp-up of any outdoor destination in the country.”

  • Emirates to give away tickets to the 2013 Formula 1 Airtel Indian Grand Prix

    Emirates to give away tickets to the 2013 Formula 1 Airtel Indian Grand Prix

    CHENNAI: Emirates is offering 100 Emirates Skywards members the opportunity to win tickets to the 2013 FORMULA 1 AIRTEL INDIAN GRAND PRIX event on the 27th October in Delhi. Emirates is a Global Partner of Formula 1®.

    From now until 16th October, Emirates will be giving away 100 tickets to the race. The competition is open to Emirates passengers who book and purchase their tickets on www.emirates.com/in for travel to one of Emirates’ 135 destinations before 30th November.

    Non-Emirates Skywards members can easily join the programme at www.emirates.com/inand be eligible to enter the competition for their chance to win one of the tickets. They will also enjoy additional benefits as a member of Emirates Skywards, the award-winning frequent flyer programme of Emirates airline, such as priority waiting list and extra baggage. After  registering with a valid Emirates Skywards membership number, a question on Formula 1® must be answered correctly.

    Emirates offers 185 weekly flights from its 10 Indian gateways, giving passengers travelling from India an extensive selection of flight options. As of today there are already over 700,000 Emirates Skywards members in India who are already earning Miles on our flights, said Brian LaBelle, Senior VP Skywards. Miles can also be earned at a wide range of airline, hotel, car rental and financial partners, including India-based partners, such as Jet Airways, the Taj Group and The Standard Chartered Bank of India.

  • Sreesanth and Chavan banned for life, Trivedi banned for a year

    Sreesanth and Chavan banned for life, Trivedi banned for a year

    MUMBAI: The Disciplinary Committee of the BCCI, comprising N. Srinivasan, Arun Jaitley and Niranjan Shah, enquiring into the allegations of match-fixing against certain players, held a hearing today at Hotel ITC Maurya Sheraton, New Delhi.

    After considering the evidence on record and hearing each of the players in person, the Disciplinary Committee has passed the orders regarding the players in question

    The players who have been slapped with a life ban include the eccentric S. Sreesanth and Ankeet Chavan, both the players have been banned for life from playing any representative Cricket, or in any way being associated with the activities of the BCCI or its affiliates.

    While Amit Singh has been banned for a period of five years from playing any representative Cricket, or in any way being associated with the activities of the BCCI or its affiliates; Siddarth Trivedi will face a ban of one year.

    The case against Harmeet Singh has been closed in the absence of evidence against him.
    This is a wakeup call for all those cricketers who are out to tarnish the name of the sport, which is almost considered as a religion in the country and the players worshiped as deities.