Hotels & Accommodations

HPTDC Chairman questions Govt’s move to privatize 14 hotels

Published

7 days ago

July 12, 2025

(HPTDC hotel at Chindi)

While the decision of Himachal Pradesh government to privatize 14 hotels run by Himachal Pradesh Tourism Development Corporation (HPTDC ), has been widely opposed by the opposition parties and HPTDC employees , the move has also been questioned by none other than Chairman of the HPTDC Raghubir Singh Bali .

Bali, an MLA from Nagrota Bagwan Assembly constituency has been appointed Chairman of the corporation with a Cabinet Minister’s rank in Sukhvinder Singh Sukhu led Congress government of Himachal Pradesh.

He has urged the state government to review the decision of privatizing the HPTDC properties and talking to media persons at Shimla on Friday said, “The state government should allow the corporation to conduct a feasibility report of the 14 properties before privatizing these.”

He said, ““We are bound to abide by the decision of the Cabinet but first we must be given money to renovate these properties and undertake a feasibility report as these facts were perhaps not put before the Cabinet in the meeting.”

The state government has decided to give 14 hotels on own and maintain (ONM) basis to private players as they have been incurring recurrent losses for many years.

Himachal Pradesh High some time back while hearing a petition of the corporation’s retired employees demanding their dues and the corporation showing its inability to pay their dues for cash crunch, had directed the state government to consider outsourcing the loss making units of HPTDC.

The state government had appointed former IAS officer Tarun Shridhar to review the working of the corporation, who had reportedly suggested privatizing loss making units .

The state has recently decided to privatize Hotel Hill Top, Swarghat, Hotel Lakeview, Bilaspur, Hotel Bhagal, Darlaghat, Wayside Amenity, Bhararighat, Hotel Mamleshwar, Chindi, Hotel Apple Blossom, Fagu, Hotel Shiwalik, and Parwanoo. Hotel Giriganga, Kharapathar, Hotel Chanshal, Rohru, Tourist Inn, Rajgarh, Hotel Sarvari, Kullu, Hotel Old Roscommon, Kasauli, . Kashmir House, Dharamshala and Hotel Uhl, JoginderNagar.

The Chairman and HPTDC employees have urged the state government to provide funds for renovating properties and running the properties.

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Hotels & Accommodations

Oriental Hotels reports Q1 standalone net profit at Rs 8.71 crore

Published

1 hour ago

July 19, 2025

the Editor

Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, has reported a standalone profit for the April-June 2025 quarter at Rs 8.71 crore.

The city-based company had earned a net profit of Rs 3.64 crore during the corresponding quarter of last financial year.

For the financial year ending March 31, 2025 the net profit stood at Rs 44.52 crore.

Commenting on the financial performance, company Managing Director and CEO Pramod Ranjan said, “In Q1 FY26, OHL reported a revenue of Rs 107 crore, 26 per cent over the previous year enabled by the completion of significant asset upgradations and sustained demand momentum.”

“The EBITDA (Earnings before Interest Taxes, Depreciation and Amortisation) for the quarter stood at a healthy Rs 25.4 crore and a PAT of Rs 8.7 crore,” he said in a company statement on Saturday.

The standalone total income for the June quarter went up to Rs 107.24 crore, from Rs 84.78 crore registered in the year ago period.For the financial year ending March 31, 2025, the total income of the company stood at Rs 444.63 crore.

Oriental Hotels has seven hotels, including Taj Coromandel, Chennai, Taj Fisherman’s Cove Resort and Spa, Chennai, Taj Malabar Resort and Spa, Cochin, Vivanta Coimbatore, Gateway Madurai and Gateway Coonoor. PTI

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Hotels & Accommodations

Oriental Hotels reports ₹8.71 cr profit in Q1 FY25

Published

2 hours ago

July 19, 2025

the Editor

Oriental Hotels Ltd reports ₹8.71 crore profit in Q1 FY26, with revenue up 26% from previous year.
| Photo Credit:
istock.com

Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, has reported a standalone profit for the April-June 2025 quarter at ₹8.71 crore.

The city-based company had earned a net profit of ₹3.64 crore during the corresponding quarter of last financial year.

For the financial year ending March 31, 2025 the net profit stood at ₹44.52 crore.

Commenting on the financial performance, company Managing Director and CEO Pramod Ranjan said, “In Q1 FY26, OHL reported a revenue of ₹107 crore, 26 per cent over the previous year enabled by the completion of significant asset upgradations and sustained demand momentum.” “The EBITDA (Earnings before Interest Taxes, Depreciation and Amortisation) for the quarter stood at a healthy ₹25.4 crore and a PAT of ₹8.7 crore,” he said in a company statement on Saturday.

The standalone total income for the June quarter went up to ₹107.24 crore, from ₹84.78 crore registered in the year ago period.

For the financial year ending March 31, 2025, the total income of the company stood at ₹444.63 crore.

Published on July 19, 2025

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Hotels & Accommodations

Radisson Hotels, THSC and The Job Plus Enable Hospitality Careers for Underprivileged Youth

Published

2 hours ago

July 19, 2025

Hospibuz

Srinagar, 18 July 2025: As part of Radisson Hotel Group’s CSR initiative, the Tourism and Hospitality Skill Council (THSC), in collaboration with The Job Plus (Strategic Partner) and multiple training partners, has successfully trained and placed 308 underprivileged youth in hospitality job roles across India.

Among these, 70 youth from Jammu and Kashmir—trained by Arc Hospitality and Swale IT & Skills—have been placed in reputed hotel groups such as Radisson, Park Inn, and The Svelte. Out of them, 20 candidates were felicitated with offer letters during a special ceremony held at Radisson Hotel, Srinagar, on 18th July 2025. The event was presided over by Mr. K. B. Kachru, Chairman – South Asia, Radisson Hotel Group, and a member of the Governing Body of the Tourism and Hospitality Skill Council (THSC), along with Mr. Rajan Bahadur, CEO, THSC.

Associations like the Hotel Association of India (HAI) also work closely with THSC to support industry-aligned skilling and placements.

In total, 308 candidates have been successfully placed in leading hospitality brands such as Radisson Hotels, Hilton, Conrad, The Oberoi, Lemon Tree, Holiday Inn, Sarovar Ahuja Residency, Amritara, Park Plaza, and Svelte. The placement drive reflects strong gender inclusivity, with 153 male candidates (49%) and 155 female candidates (51%) benefitting from this initiative.

This program stands as a shining example of industry-led skilling and employment, opening up dignified career paths for youth from underserved regions, including Jammu & Kashmir.

This initiative is a testament to the power of collaborative efforts between industry, strategic partners, and training providers. By bringing together corporate CSR support, expert implementation, and quality skill development, the program not only addresses the growing demand for skilled professionals in the hospitality sector but also provides life-changing employment opportunities to underprivileged youth. The success of this model paves the way for replicating similar high-impact skilling programs across other regions in India.

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