Indian Hotels Company Ltd And Eih Ltd Tourism Essay

Constitution: East India Hotels Ltd ( better known as Oberoi Group ) was established in 1934 by the Late Rai Bahadur M.S Oberoi. He establised this group by purchasing his first venture Calcutta Grand Hotel.

Core Business: The nucleus activity of EIH Ltd is to run eating houses, bars, resorts and hotels. The two chief sections that they operate in are Hotels and Others. Wherein Others includes air hose catering, direction of eating houses and airdrome bars, travel and circuit services, luxury sails, auto leases, undertaking direction and corporate air charters.

PRODUCT LINES: The merchandise line of the group includes 32 hotels under the names ‘Oberoi Hotels and Resorts ‘ and ‘Trident Hilton ‘ , a luxury sail in Kerala and Oberoi Flight Services. It has subdivisions in five states situated in two continents Asia and Africa.

MILSTONE CHANGES: The 3 major mileposts for EIH Ltd were-

1997- Company entered the abroad market with The Oberoi Lombok in Indonesia.

2003- EIH launched a luxury sail in Kerala called Motor Vessel Vrinda

2004- EIH formed a tie-up with Hilton International to co-brand their Trident Hilton. However this understanding ended in 2008.

SENIOR MANAGEMENT

P.R.S Oberoi- Chairman and Chief Executive Officer

Gautam Ganguli- Company Secretary

S S Mukherji- Vice Chairman

Vikram Oberoi- Joint Managing Director

Arjun Oberoi- Joint Managing Director

Selling Information

EIH Ltd is listed on National Stock Exchange ( NSE ) every bit good as Bombay Stock Exchange ( BSE ) .

Equity Share Prices as on 25th June-

BSE-122.65 NSE-122.50

On 24th June EIH Ltd submitted a revelation under Regulation 8A of SEBI Regulations saying Entire no of portions held by the entity in the company and the entire No of portions pledged

Indian HOTELS COMPANY LTD.

Constitution: Indian HOTELS COMPANY Ltd. or instead ‘TAJ ‘ is a symbol of cordial reception and tradition of India. IHCL along with its subordinates is known as’Taj Hotels Resorts and Palaces ‘ . IHCL was established by its laminitis Jamshedji Tata in 1902. Its first hotel belongings was opened in 1903, ‘ The Taj Mahal Palace Hotel ‘ in Mumbai. IHCL has seen a rapid growing in its belongingss since its incorporation in 1902. It today owns about 60 belongingss in India and another 15 international belongingss in the UK, US, Malaysia, Africa, the Middle East, Bhutan, SriLanka and Australia.

Core Business: IHCL chiefly operates in cordial reception sector and hence it is its nucleus concern. In the cordial reception section it has a batch of discrepancies to provide to a broad assortment of multitudes. It has Luxury full service hotels, Resorts and Palaces, Spas, Wildlife Lodges, Mid Market full service hotels and resorts and Economy hotels excessively.

PRODUCT LINES: IHCL ‘s merchandise line under Taj Hotels Resorts and Palaces include:

Taj Exotica, Taj Safaris, Taj Spas, Upper Up Scale Hotels, The Gateway Hotel, The Ginger ( economic system hotels ) . Apart from core hotel industry IHCL ‘s merchandise line include Taj Air ( Private Luxury Jets ) , Taj SATS ( Air Catering ) , Indiatravel ( Travel Services ) .

MILESTONE CHANGES:

IHCL issued its first IPO the initial 1970s and so followed the major plan of geographical enlargement of tourer finishs across India and the universe.

1974, its first international five star deluxe beach resort started operating, The Fort Augada Beach Resort in Goa. .

2001, IHCL signed a contract ( direction ) and took over Taj Palace Hotel, Dubai and placed itself in the high profile market of the Middle East.

Senior MANAGEMENT:

Market Information:

Share monetary value: Roentgen 104.30

Exchanges listed on: NSE and BSE both. A recent information about IHCL says that IHCL raised near to Rs 500-700 Cr through Non Convertible Debentures to refinance a part of its bing debt every bit good as refinance a loan of its US arm.

KAMAT HOTELS LTD.

Constitution: Kamat Hotels ( India ) Limited was imbibed on 21st March, 1986 in the State of Maharashtra by Late Mr. Venkatesh Krishna Kamat and his associates. Their chief aim was to puting up and running hotels and related concern. KHIL is runing merely in cordial reception services section. The Company achieved the Certificate of Commencement of Business on 31st March, 1986.

Core Business: Kamat Hotels ( India ) Ltd is engaged in cordial reception sector and it has loosely categorized its activities with a clear vision as ( I ) operating hotels owned by the Company, ( two ) pull offing hotels owned by other parties under contract ( three ) catering services ( four ) timeshare.

PRODUCT LINES: KHIL has steadfastly established four hotel trade names. The Orchid – An Ecotel Hotel in the 5-Star section and VITS Luxury Business Hotel in the 4-Star section, Gadh Hotels and Lotus Resorts. The premier concern of the company is to place its hotels in mid to up market class. In add-on, the company is really peculiar about environmental policies and purely abides by the criterions.

MILESTONE CHANGES: In 1994, KHIL went public through an IPO. In 1997, KHIL became Asia ‘s first eco-sensitive cordial reception group ; The Orchid Asia ‘s first eco friendly hotel became to the full operational. In 2001, it made its planetary presence felt by opening two subdivisions in San Francisco USA as ‘Vithal Kamat ‘ on contract footing.

SENIOR MANAGEMENT

The managers of the company are:

Name

Function

Mr. Vithal Venkatesh Kamat

Executive Chairman & A ; Managing Director

Mr. Ramesh N. Shanbhag

Whole -Time Director

Mr. Vikram V. Kamat

Executive Director

Mr. S. S. Thakur

Director

Mr. Ved Prakash Khurana

Director

Mrs. Rajyalakshmi Rao

Director

Mr. T. M. Mohan Nambiar

Director

Selling Information:

KHIL is listed on both National stock exchange ( NSE ) and Bombay stock exchange ( BSE )

Equity portion monetary values as on 25th June 2010 – ( BSE – 121.10 ) , ( NSE- 121.90 )

ROYAL ORCHID HOTELS

Constitution: Established in 1973 by the name of Royal Orchid Harsha ( now Ramada ) in Bangalore, the Royal Orchid Group of Hotels is now runing 13 concern and leisure hotels in 6 popular finishs. Harmonizing to beginnings 17 new cordial reception constructs are to be expected in the close hereafter.

Core Business: Its nucleus concern is cordial reception. The company was established with the exclusive motivation of supplying high quality services at competitory monetary values. It caters merely to the high income concern categories with assorted trade names in offer.

PRODUCT LINE: Royal Orchid Hotels Limited has the following trade names to offer-

HOTEL ROYAL ORCHID ( five star concern hotel ) : Bangalore ( 2001 )

ROYAL ORCHID CENTRAL ( four star concern hotel ) : Bangalore ( 2003 ) , Jaipur ( 2007 ) , Pune ( 2008 ) , Ahemdabad ( 2009 ) , Navi Mumbai ( 2010 ) .

ROYAL ORCHID SUITES ( four star extended-stay hotels ) : Metropole-Mysore ( 2004 ) , Resort-Bangalore ( 2005 ) , Golden Suites-Pune ( 2007 ) , Brindavan Garden-Mysore ( 2007 ) , Suites-Bangalore ( 2009 )

MILESTONE CHANGES: The company was ab initio established in the name of University Resorts Limited on January 3, 1986 with authorised capital of 10 million. The company so changed its name to Royal Orchid Hotels Ltd on April 10, 1997 with authorised capital of 40 million. The company has now extended its concern to Tanzania in 2010.

Senior MANAGEMENT:

Chairman and Managing Director – CHENDER BALJEE

President – KESHAV BALJEE

Executive Vice President – SHEKHAR BHARGAVA

VP-Finance – KV RAO

VP-HR – AK SINHA

VP-Projects- AMARENDRA SINGH WALIA

VP-West $ GM- Pune – PANKAJ MATHUR

CFO – DHIRAJ JHOPAT

Market Information:

Stock Exchange Listings: Listed on THE STOCK EXCHANGE, MUMBAI ( BSE ) ,

THE NATIONAL STOCK EXCHANGE LIMITED ( NSE ) .

Face Value of Equity Shares – 10

Market Lot of Equity Shares – 1

BSE codification – 532699

NSE codification – ROHLTD

BSE group – Bacillus

As on 25th April, 2010

Last traded – 76.05, Day open – 76.20, Day high – 77.95, Day low – 75.75, Day volume 8198.

LEELA VENTURE LTD

Constitution: The Leela Venture Ltd was established in 1957 under the leading of captain C.P Krishnan Nair.Starting off as an export concern and so traveling on to the cordial reception sector the first hotel in MUMBAI was launched as Hotel Leela in 1988. The group has so gone in front to develop all right hotels across the other metropoliss.

Core Business: Hotel Leela Venture Limited is an India-based company engaged in the concern of ready-made garments and luxury hotels and resorts. The company besides operates two commercial composites which lease infinites for office premises and retail mercantile establishments.

PRODUCT LINES: The leela group of Hotels has the undermentioned merchandises under its umbrella:

1. The Leela Kempinski, Mumbai 2.The Leela Kempinski kovalam beach, Kerala 3. The Leela Kempinski, Bangalore 4. The Leela Kempinski, Gurgaon 5.The The Leela Kempinski, Udaipur

6. The Leela Kempinski, Goa

MILESTONE CHANGES

1985: Collaborated with Penta hotels for a period of 10 old ages

1986: Sets up the first five star hotel

1996: Enters into direction understanding with Four seasons hotels and resorts

1997-2001: Acquired bulk interest in Kovalalm Hotels and subsequently renamed Kovalam beach

2002-2009: Sets up a 5-star gilded hotel, Leela Kempinski in Gurgaon and Leela Palace Kempinski at Udaipur

SENIOR MANAGEMENT

Captain C.P Krishnan Nair: Chairman/Chairperson

Mr Venu Krishnan: Deputy Managing Director

Mr Vivek Nair: Vice Chairman and Managing Director

Mr V.L Ganesh: Chief Financial Officer

Market Information: Being listed on Bombay Stock Exchange every bit good as the National Stock Exchange the Leela Venture Ltd Has a Share of 47.70 as of 25th June 2010. The company plans to incur Rs.16, 600 manganese on development of the two hotels in New Delhi and Chennai during 2010-2011. Of this the company has already spent Rs.11, 620 manganese on the development of these two hotels.