Siddharth Ramasubramanian

India (and probably China) are the only markets in the world with the scale for a hospitality major to announce a 150 hotel launch for a single brand. It's remarkable to see Hilton launch their relatively new Spark brand in India with a licensing agreement with Indian real estate major Embassy Group for 150 hotels. India is the world's most populous country, fifth largest economy and one of the world's fastest growing domestic tourism markets. Spark by Hilton is meant to be a "premium economy brand aimed at the aspirational and value-seeking traveler." On average, these hotels will be priced in India at ₹4,000 to 6,000 (USD 50-70) per key, depending on the market. It strikes me as being similar to the ibis, ibis Styles, ibis budget brand proposition and can capture the segment the same way Ibis did in Europe. For many, Spark may be their first hotel experience and if the Hilton Honors loyalty programme can capture their loyalty early on, then it's a big win. Interesting insights from Kahraman Yigit of Embassy Group: “We are seeing a huge demand in the country for premium economy accommodation and reliable quality stay experiences. This gap is currently unmet. With no other product quite like it in the premium economy segment, Spark by Hilton is a much-needed, consistent brand that will provide an impetus for the overall market to grow. We believe that this disruptive offering is the right one for investors, developers, and owners looking to maximize their returns.”

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Tequila Trends - US & Beyond ! Recent trends have shown that the premium tequila boom across the US has slowly declined but has turned into substantial growth. The United States had been witnessing an era of growth for premium tequila brands however, today, other brands within the lower price segments are growing rapidly at a similar rate. The US had only seen volume growth in double digits but this time there is an increase by only 4% in the first of 2023 as compared to that of 2022. There is an overall upgradation in terms of the quality across all price tiers of tequila depicting a trade down of the product. Influx of new brands has led to an increase in competition making it difficult for brands to stand out amongst others. Moreover, even celebrity-backed brands have a saturation point and have normal sales and volumes since there are a huge number of brands coming up. Contrary to how vodka is seen as un-aged, tequila helps customers see more opportunities to trade up with better quality coming even in the lower segments. Tequila presents with this trend, a similar trend that followed with vodka category post 2008. However, the premium tequila market has grown so much in recent times that it's even more difficult to expand the same in the US. It is anticipated that better economic conditions will help make the high-end tequila category make a comeback. Mexico has witnessed a sharp decline of 4% in tequila volumes in the first half of 2023 meanwhile, agave based spirits are taking a different road in multiple markets excluding North America. The category expansion happened across the world's top 20 beverage alcohol markets including the US and recorded a substantial growth in number of them. Some of the factors that caused the same were the increase in tequila preference as a quality product in Spain and the onset of on-trade in China. The UK experienced a rather crucial change that has turned the whole image of agave across the country wherein there is an increase in the premium category of tequila while the traditional tequila-shot consumption faces a low. Asia and other places outside the US have boosted agave’s growth due to their increasing appreciation for unique cocktails, experiences and Mexican culture. The coming back of duty-free stations post pandemic have also helped in the revival of tourism as well as on-trade across these countries. The nine ROW markets - the UK, Spain, Australia, China, France, Japan, Italy, Germany and Poland and their sales compared to that of the US and Mexico depict luxury tequila’s potential in terms of profitability due to the fact that the US and Mexico sell 25 times more than what the ROW markets do. If brand owners continue to provide what they’re selling - good quality and larger quantity in the higher price category, agave owners will see a remarkable difference. Tequila Patrón Mæxico Deko Cocktails

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The Hospitality Monitor for Q3 CY 2024 by HVS-ANAROCK points out that Bengaluru led the way with a notable 8-10 percentage points (pp) year-on-year increase in occupancy rates, followed by New Delhi, which recorded a 6-8 pp growth. Jaipur and Kolkata were the only markets that saw declines in occupancy rates of around 0-3 pp. The average rates showed varied trends across the markets in India. Hyderabad posted an impressive 22-24 per cent year-on-year increase in average rates, while Mumbai and Chennai recorded gains of 10-12 per cent. All major commercial markets, with the exception of New Delhi, recorded strong year-on-year growth in average rates during Q3 CY2024. #hospitality #indiarealestate #hotels 

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Revitalizing and Scaling Up India's Alco-Beverage Industry In a recent conversation with #WomenEntrepreneursReview Magazine, Poonam Chandel, Managing Director, NeuWorld Spirits discusses revitalizing and repositioning alco-bev brands in a traditional market, navigating brewery acquisitions, and contract negotiations for favorable outcomes, especially in diverse markets like India and the UK, sharing key lessons from her experiences. Read More: https://qrcd.org/5Y7Q #AlcoBeverageIndustry #digitaltransformation #growthandlearning #Leveragingadvancedtechnology

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As we step into 2024, it's evident that India's commercial real estate sector is poised for stability and consolidation after a remarkable resurgence in 2023. With leasing activity reaching a staggering 58.2 million sq. ft and developers responding with over 50 million sq. ft of Grade A developments, the stage is set for further growth and innovation. One key trend to watch out for is the focus on return-to-work strategies, evolving occupier requirements, and sustainability initiatives. Domestic firms are driving demand, supported by government initiatives, while green investment opportunities are expected to flourish, shaping the future landscape of India's commercial real estate sector. Major Indian cities are gearing up for significant infrastructure upgrades, particularly in PBDs, with projects like expansive highways, urban metro developments, and international airports nearing completion. These upgrades are expected to fuel heightened leasing activity in PBDs, where around 33% of Grade A office stock is located. Take, for instance, Mumbai's skyline transformation driven by landmark projects like the Mumbai Trans Harbour Sea Link and the Navi Mumbai International Airport. These projects are not just engineering feats but catalysts for urban growth, driving demand in both residential and commercial real estate sectors. The strategic positioning of Intellion Offices by Tata Realty’s upcoming IT Park in Navi Mumbai is a testament to how infrastructure projects can anchor economic zones, attracting investment and boosting property values. With a mixed-use development measuring 12 million square feet, this park is poised to become a hub for tech-driven businesses, further enhancing the region's economic prospects. Data shows that infrastructure projects typically boost local property values by 20-25%, with commercial property rentals skyrocketing by up to 30% in areas with new metro lines. This trend isn't limited to metros alone but is reshaping tier 2 cities into vibrant centres of economic activity. Ultimately, the nexus of infrastructure and real estate is not just about economics but about envisioning sustainable urban spaces for the future. As we embark on these transformative projects, let's strive to create urban landscapes that balance growth with sustainability for generations to come. #CRE #Infrastructure #RealEstate #Mumbai #sustainability

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Time for Tequila but but will it be Going Going Gone for Gin ! Tequila and Gin, two equally deserving beverages, have ascended to become the top two contenders in their respective categories based on global volumes. While both categories exhibit growth in a somewhat indistinguishable manner, they vary significantly in their trajectories. The data suggests that Tequila might experience a more rapid surge compared to Gin, and one cannot ignore the factors contributing to this trend. Gin has established a presence in various countries and markets, exerting a significant influence on global sales, primarily in the UK and Spain. However, for brands to flourish and establish a strong foundation in the industry, it is essential to invest in critical markets such as the US that have lower profit margins but a promising outlook. The expansion of agave spirit volumes into other crucial markets can only happen when demand from the US reaches a halt. What distinguishes their paths to success is their reliance on different factors that directly affect sales. For instance, gin is driven by specific consumer preferences and maintains its categories and flavours without much experimentation while tequila offers consumers a diverse array of product types, including aged spirits. A majority of gin products remain un-aged and depend on innovation and various ingredients to convince consumers to make a purchase. This limitation suggests that future industry entrants should focus on creating a well-invented, creative range of products that cater to a diverse consumer base. Additionally, tequila's status as an aged spirit results in higher prices. Notably, with the US market's dominant role and tequila's prevalence, prices are influenced, pushing the agave spirit into the premium and ultra-premium price range. However, gin justifies its pricing by highlighting the need for aging to compete with high-end spirits. Over time, Tequila has evolved into a high-end sipping drink at sophisticated gatherings, associated with a polished and glamorous character that positions it as a highly regarded beverage. One significant distinction is that tequila's authenticity and production processes are not easily validated, giving it a sense of preserved luxury. In contrast, gin attracts attention due to its locally sourced ingredients and meticulous craftsmanship, but it can be produced anywhere globally, which diminishes its "special" element. It is evident that tequila will continue to outstrip gin in terms of growth nevertheless, tequila companies should diversify their presence by expanding into markets like the US and Mexico to generate momentum, while gin-based brands should prioritise investment in strategies and elements that make gin exceptional and distinguish it in the market. Suntory Global Spirits Gin Punch DIAGEO India Bacardi Glenfiddich

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#NewsUpdate | The fractional ownership market in India is projected to grow over 10 times and exceed USD 5 billion by 2030, according to recent findings by a JLL – Property Share Report. https://lnkd.in/dnyChRnf #RealtyNXT #SMREITs #Mumbai #DelhiNCR #Bengaluru #PrimeCities #PropertyMarket Samantak Das Kunal Moktan

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Villa and farmhouses prices have spiked in Delhi ncr as well Dubai market. They have doubled in less than 4 years majorly driven by demand from High Net Worth Individuals. After pandemic demand increased for larger units due to restrictions on public movement by authorities. Going forward farmhouses /Villas inside communities can see constant demand and increase in prices. Right time to invest in either of these. What say? Share your thoughts. #investment #dubaiproperty #realestate #Delhincrproperty

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CURRYiT, a rapidly growing company in the culinary industry, has successfully raised ₹4.5 crore in a seed funding round. This significant financial boost comes as part of CURRYiT’s strategic plan to enhance its manufacturing and distribution capabilities. The round was led by investors, including RK Family Trust (of Apollo group), Tangent Advisors, Freeflow Ventures, and prominent angel investors such as Ramesh Damani (of DMart group), Ajaya Jain and other angel investors. The infusion of funds will be directed towards scaling up the production processes to meet the increasing market demand for CURRYiT's innovative and flavorful product range. By improving its manufacturing infrastructure, CURRYiT aims to ensure consistent quality and faster turnaround times, thus elevating customer satisfaction. As CURRYiT embarks on this exciting new phase, the company remains committed to innovation, quality, and customer satisfaction. The funding will not only enhance operational capabilities but also pave the way for future product development and market expansion. CURRYiT Nischal Kandula Richa Sharma #CURRYiT #SeedFunding #StartupSuccess #InvestmentNews #CulinaryInnovation #FoodTech #BusinessGrowth #MarketExpansion #ManufacturingExcellence #DistributionNetwork #FundingSuccess #InvestorConfidence #ProductDevelopment #InnovationInFood #ScalingUp

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The Indian hotel industry witnessed a marginal growth of around 2 per cent in YoY RevPAR during the month of October 2024 while the overall occupancy declined by 100-300 bps on-year to 58-60 per cent, stated a report by HVS ANAROCK . . . . . . . #hospitalitysector #learnwithremc #hotelindustry #growwithremc #demand #hospitality #hotelindustry #remcindia

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One notable trend in India’s alcoholic beverage market is the rising popularity of tequila and mezcal. Though relatively new to the market, demand for these spirits is growing steadily. Pranav Mehra, Director of MEHRA WINES INDIA, predicts significant growth in both value and volume for these two in the coming years.

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One notable trend in India’s alcoholic beverage market is the rising popularity of tequila and mezcal. Though relatively new to the market, demand for these spirits is growing steadily. Pranav Mehra, Director of MEHRA WINES INDIA, predicts significant growth in both value and volume for these two in the coming years.

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Unveiling Omaxe Sector 19: Experience The Future Of Retail! 1). Prime location: The Omaxe Estates is conveniently situated in the very heart of Dwarka, a prominent suburb of Delhi. This exceptional locale provides effortless access to various corners of Delhi and the splendid National Capital Region (NCR). It is positioned within close proximity to the Indira Gandhi International Airport, thus facilitating seamless travel. The vicinity splendidly connected to an impressive network of 19 highways, thereby granting effortless entry to shopping havens, esteemed educational institutions, and top-notch healthcare facilities. This rendering it an unparalleled haven for both residents and astute investors. 2). Prominent architect: The premium offices & retails of Omaxe Dwarka Delhi. The renowned real estate developer Omaxe Group, which has a proven track record of constructing residential and commercial masterpieces throughout India, has initiated a signature commercial project in Delhi. The real estate developer has a history of engineering and delivering on time aesthetically pleasing developments by utilizing cutting-edge amenities and premium construction materials. 3). Contemporary Amenities: An emblematic commercial undertaking furnished with contemporary facilities such as Wi-Fi, high-speed elevators, aesthetically pleasing interiors, an ample amount of vegetation, and round-the-clock electricity and water provision. A trained security guard force and a state-of-the-art security system comprised of CCTV cameras and manned security personnel assure the utmost safety throughout the gated community. Input the visitor's information, including that of employees and proprietors, into the register located at the entrance gate. 4). Contemporary architecture: The commercial undertaking exemplifies an ideal fusion of modern designs and contemporary architecture. There cultivating an atmosphere that exudes professionalism. The architectural design incorporates a positive atmosphere and supportive atmosphere, which facilitates the efficient functioning of the businesses. The project architecture features well-ventilated, roomy offices with exquisite interiors adorned with branded fixtures and fittings at Omaxe Dwarka Delhi. 5). Investment: Purchasing at Sector 19 of Omaxe Mall in Dwarka The upcoming commercial project in Delhi is a wise decision for a number of strong factors. First of all, just by virtue of its position, it's an excellent site to invest. Situated in one of Delhi biggest business districts, it offers access to a wide clientele and a vibrant, dynamic atmosphere. The premiumm retails & offices at The Omaxe Estates is well-thought-out design, which combines modern elements with New Delhi rich history, ensures that patrons will be greeted by a welcoming and appealing environment.

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Greenfield hotel investments returned to pre-pandemic levels in the first half of 2024, with hotel chains expanding aggressively in Tier-2, 3 and 4 cities, according to recent data by HVS Anarock. "While brownfield developments became the preferred choice after the pandemic, driven by lower risk and faster completion timelines amid economic uncertainty, the focus is once again shifting back to greenfield projects,” said Mandeep Singh Lamba, president and CEO, HVS Anarock. “This renewed interest is primarily driven by hotel chains expanding aggressively into Tier-2, 3 and 4 cities, where both business and leisure travel are experiencing robust growth,” he added. #hospitality #hospitalityindustry #realestate

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Thoroughly enjoyed talking about the endless possibilities of the Indian wine market to Priscilla Hennekam for the Vino Visionaries podcast. Ever the optimist, I have always believed in the bright future of wine in India. In my two-decade-long career, I have seen wine transform from an elitist drink to a mainstream one, enjoying the benefits of its strong association with success, sophistication and luxury. The Indian wine market is driven by its young population- we have 600 million young people and we continue to add 20 million to the legal drinking age. India’s young population is affluent and is drawn to aspirational lifestyle. They are not intimidated by wine as a subject and are eager to learn more about it. We need to make wine accessible, affordable, affable and enjoyable so that wine continues to move ahead on its current trajectory.  In a market that is bustling with so much action, brand familiarity is perhaps the largest and most important choice cue in the Indian market because Indian consumers’ knowledge of wine is still evolving. So it is highly important to put your wines out there in the market for consumers to see through various digital and on-ground initiatives. This is where a composite marketing strategy comes into the picture; it helps wine brands establish a solid brand connection and recall among trade and consumers. What are your thoughts on marketing wine in young, dynamic and emerging markets like India? Do share your thoughts in the comments section. Click here: https://lnkd.in/d4a5nHHb

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WeWork’s plan to sell stake in India unit collapses; sector revival, valuation issues hit transaction WeWork Inc.'s plan to sell its 27% stake in its Indian unit has collapsed due to a valuation mismatch. The Embassy Group was supposed to acquire the stake and bring in new investors. Talks are ongoing with 360 One for financing as WeWork India prepares for a potential public offering. #realestate #property #coworking #managedoffice #therealtynews #commercial #leasing #investors #investments #finance #demand #growth #deal Embassy Group 360 ONE WeWork India https://lnkd.in/g8FNP_Be

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