India: Travel companies offer freebies to woo tourists: TGKF Restaurant, Parsvnath, Retail Foray, Trikona, IIM-A, Forex Conversion, Asia Pacific Tourism, IRCTC, IHC to organise 2nd National Conference

The Indian government has issued an advisory to hotels to reduce rates by 10-15%. Top hotel chains have reported losses due to exchange rate fluctuations. As foreigners cancel their India travel plans due to the slow down, domestic tourists could capitalize on some great travel deals for the season.

-Chillibreeze Business Research Team

Trends
Your holiday just got cheaper

Hotels & Restaurants
TGKF restaurant opens outlet in Hyderabad
A tinge of lemon
Parsvnath to put on hold retail foray
Trikona goes deeper into hotels biz
IIM-A books Sarovar for hospitality mgmt
Atria to expand in India

Reports and Surveys
Hotels incur major Forex conversion losses in Q2 ‘08
Asia Pacific Tourism starts to buckle under pressure: Deloitte
Examine the Indian Hotel Industry with this Essential 2008 Report

Policy
IRCTC ties-up with Kolkata based tour operator, I-Nova to float luxury train package covering Kolkata, Goa and Mumbai
Centre sanctions Rs 100 Crore for Jharkhand Food Park
Govt advises hotels to prepare for slowdown, cut tariff
Additional FAR may prove to be a costly affair for Delhi hotels

Events
IHC to organise 2nd National Conference in January 2009