Group V

Suman 1225111205 Satyakanth 1225111215 Lalit 1225111225 Anand 1225111235 Rajesh 1225111245 Suraj - 1225111255

RHI Introduction

RHI is a subsidiary of the listed Singapore company The Straits

Trading Company Limited; operating in 11 cities across Asia-Pacific with

its base in Sydney.

It has two brands namely

Renaissance Hotels and Resorts International-Business Class hotel

brands with a strong network presence

The Marque it has three hotels in east coast of Australia. It has a

range of hotel styles

RHI in INDIA

With the intention of international expansion and capitalizing on the

booming Indian Hospitality industry RHI joint ventured with Chennai

based Indian developer XS real properties.

The joint venture company which is known as Renaissance India

Hospitality Private Limited manages hotels and resorts in India.

XS real properties uses its terrain, local market and network to introduce business opportunities to JVCO and support RHI to understand the market situation for its entry.

New Hotel Development and Distribution of supply by 2012

Largely concentrated in 18 main cities.

The average occupancy rate across the ten cities in the 5-star Delux, 5star, and 4-star categories was around 68%.

In Kochi, the distribution of rooms by 2012 is 4%.

Hospitality Kerala

With the innovative products and packages from the active

entrepreneurs, the possibilities of development in this sector have

increased.

With the increase in visitors, the number of entrepreneurs entering into

this industry also increased particularly in the field of infrastructure

creation. Increase in number of hotels amplified the competition.

Increasing consumer awareness led them to focus more on best practices and quality standards and cost saving methods.

Hotels in Kerala should be quick in absorbing world-class practices in terms of customer services and operational efficiencies. Currently Kerala has an acute shortage of rooms in seasons.

Kerala Tourism

Kerala-named as one of the ten paradises of the world by National

Geographic Traveler.

Its famous for its eco-tourism initiatives. With its unique culture and traditions it became a most popular tourist destination in the world. Domestic and international tourists percent increased.

It was judged the Best Tourism Performing State in 2005. First Indian state to use IT to promote tourism. Privatepublic partnership, state government encourages

entrepreneurship

Marketing Strategy-promoting Ayurveda

Economic Development

The industrialization in Kerala has taken place mainly around Kochi.

The economy of the city can be classified as a business economy with

the emphasis on the service sector.

Eloor (17 Km north of Kochi), is the largest industrial belt in Kerala. Population Income (Per capita Income)

Tourism
Tranportation

Hotel Industry in Kochi

Kochi is the commercial hub of Kerala and is one of the fast growing

third tier metros in India.

MICE (Meetings, Incentives, Conferences and Exhibitions)- major revenue generator for hotels

Medical tourism still attracts most of the tourists

Serviced apartments slowly emerging Kochi has 5-stars, 4-stars, Budget hotels, heritage hotels in their account

Questions

1. Do a demand estimation of the tourism market in Kerala for the benefits of Renaissance hotels 2. Devise a growth strategy for Renaissance hotels keeping in mind the increasing competition in tourism domain

Questions

Growth strategy: are we depending only on tourism? MICE is the latest Le Mridien is an international hotel brand with a European perspective, formerly headquartered in the United Kingdom, with 130 properties. It is owned by Starwood Hotels & Resorts Worldwide, and has a portfolio of more than 120 hotels in over 50 countries worldwide. Trident Hotels are five-star hotels owned and managed by The Oberoi Group. Presently there are nine Trident hotels in India. These are located in Mumbai, Gurgaon, Chennai, Coimbatore, Bhubaneswar, Kochi, Agra, Jaipur and Udaipur. The Taj Malabar, Kochi is majestically situated on the Wellingdon Island in Kochi. It is located at the heart of the city. Taj Malabar is situated 45 Kms from airport and 10 Kms from Railway Station. In the 4 star hotels segment, there is not much competition for foreign MNC hotels. R has clear chance of taking the market by storm.

Bibliography

http://www.hotelsinkerala.net/cochin-hotels/index.html http://articles.timesofindia.indiatimes.com/2004-0118/thiruvananthapuram/28342795_1_foreign-touristarrivals-kerala-tourist-flow http://www.spb.kerala.gov.in/old/word.html http://www.tsiindia.com/south-india-tours/hotels-inkerala/hotels-in-kochi/the-renaissance.html

Thank U