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Fairmont Hotels & Resorts debuts in India
Monday, September 08, 2008
Fairmont Hotels & Resorts has been appointed to manage a hotel in Hyderabad, in the capital city of the Indian state of Andhra Pradesh. The property joins the company’s collection of landmark hotels as the first Fairmont property to be announced in India.

Opening in 2010, the Fairmont Hyderabad will feature 350 rooms and suites offering an elegant and relaxing atmosphere. Sustainable design will be a hallmark of the hotel, echoing Fairmont’s commitment to responsible tourism. A variety of restaurants and bars will reflect the flavors of the destination and its rich tradition of culinary entertainment for both travelers and local residents to enjoy.

A wide range of meeting and function space can accommodate groups of varying sizes, including a ballroom for up to 800 people, while recreational facilities include a pool and a Willow Stream Spa. The hotel, embodying Fairmont’s spirit of hospitality for more than a century, will serve as a welcoming destination for guests as well as members of the local community as they meet, celebrate or commemorate special occasions.

The hotel is conveniently located near the growing business development area of the city, dubbed Cyberabad, a modern information technology and bio-technology hub and home to some of the most recognized brands in the world.

The historic city of Hyderabad, which dates back more than 400 years, is known for its rich history, culture and architecture including temples, palaces and gardens. Uniquely positioned at the meeting point for North and South India, the destination attracts both leisure and business travelers. Called the city of pearls, Hyderabad is home to products locally hand-crafted and traded for centuries, such as silverware, saris, bangles and handloom-based clothing.

Fairmont is partnering with MMVL Hotels Pvt Ltd., a subsidiary of the Maheshwari Group, a real estate leader in Hyderabad. “We are very pleased to introduce the Fairmont brand to India,” stated Girish Mallpani, CEO, Maheshwari Group. “The company has a strong record of respecting and embracing the history and environment of their communities, and will deliver not only high standards of product and service but a distinctive and welcoming hospitality which celebrates our rich culture.”

Thomas W. Storey, President, Fairmont Hotels & Resorts said, “Announcing this development, our first in India, is an exciting milestone for our company. From the opening of our flagship hotel The Fairmont San Francisco in 1907 to planting a flag in this rapidly developing, global high-tech center, it’s been an incredible journey in hospitality and we look forward to providing rich travel experiences for our guests in our newest destination.”

Fairmont Hyderabad joins a number of recent announcements across the globe, including Fairmont Zimbali Lodge, South Africa; Fairmont Roco Ki, Dominican Republic; Fairmont Zanzibar, Tanzania and Fairmont Beijing.

Vicky Karantzavelou - Monday, September 08, 2008
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How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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