Global Hospitality Report (April 6, 2015)

In Focus: Maldives 
By Bhoomija Vadehra, and Joel Tay TjinYi

This article summarizes the recent tourism trends in Maldives.

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Four Key Takeaways | MexHIC 2015 
By Richard Katzman and Astrid Clough McDowell

On March 19, 2015, HVS Mexico City hosted the fifth annual Mexico Hotel & Tourism Investment Conference, a forum for interaction between market participants focused on defining market drivers and visualizing a path for sound industry growth.

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Metamediaries Forcing Hotels to Adapt 
By Chris Nieberding

Online travel agencies (OTAs) were among the first to enter this realm. Today, new companies are attempting to compete with the OTAs through a different business model to control the search platform rather than the booking process itself.

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Chaudhary Group to Invest INR50 crore in Concept Hospitality 

Chaudhary Group (CG) Hotels and Resorts, a Nepal-based multi-industrial transnational conglomerate, is set to invest in Concept Hospitality, owners of the ‘Fern’ hotel brand in India. The total investment is expected to be around INR50 crore. With this investment in place, Concept Hospitality will act as the management wing of CG Group. Together, the association comprises a total of 88 hotels (existing and proposed) under eight brands, including The Zinc, Glow by Zinc, Zinc Journey, Zinc Living, Zinc City, The Fern, The Fern Residency and, Beacon Hotels and Resorts. The partnership aims to operate 200 hotels by 2020 in India, Kathmandu and East Africa.

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