India: Hotel ventures being put on hold, fall in occupancies across cities: Travel, FHRAI, Global Crunch, Nilgiri's Dairy, DB Hospitality, DHS forays, Pearl Hospitality, Bharat Hotels, Hotelex India 2008

The tourism sector is pushing for sops amidst slowdown. Most real estate companies want to move out of hotel projects due to liquidity crunch.A CRISIL report indicates that during September 2008 the average revenue per available room has increased compared to 2007 but occupancies have fallen across cities, except Delhi and Pune.

- Chillibreeze Business Research Team

Trends
Hotels prefer imported goods to Indian equipments
Hotel sector feeling the slowdown heat
FHRAI bullish about Indian hospitality industry

Reports and Surveys
Global crunch fails to impact hotels

Hotels and Restaurants
Nilgiri's Dairy exits hospitality business
DB Hospitality ties up with Jal Hotels for nine properties in India
DHS forays into Indian hospitality through license agreement
Pearl Hospitality plans pan India growth
Bharat Hotels unveils new brand name, says investment plans on track
Modular Pre-fab Hotel in Vadodara

Policy
Govt may look at visa fee waiver to spur tourism

Events
Hotelex India 2008 kickstarts with optimistic industry views