Accor bullish on luxury hotels

Global hospitality brand Accor Hotels has been largely growing its portfolio of economy and mid-scale hotels till now as it had found these categories doing well in India. Accor thinks the time is right to expand its luxury brands as the market is ready.

Accor has 53 properties under 10 brands. Of these, a major chunk of properties are under economy brands Ibis and midscale brand Novotel. Ibis and Ibis Style have 18 properties, whereas 15 properties come under brand Novotel.

Building brand ‘Indywood’

Sharjah-headquartered Aries Group promoted by Kerala-born NRI businessman Sohan Roy is working on to build ‘Indywood’ as the biggest brand in Indian film and entertainment industry, encompassing all regional language film industries. The company has floated ‘Billionaires Club’ to educate movers and shakers about the vast opportunities in the sector and how it can be tapped effectively.

iPhone to have Rear-Facing 3-D Sensor by 2019

Apple Inc is working on a rear-facing 3-D sensor system for the iPhone in 2019, another step toward turning the handset into a leading augmented-reality device, according to people familiar with the plan.

Emami adds to its personal care and healthcare capacity

Emami Ltd, the FMCG flagship of Rs 50000 crore diversified Emami Group, has added 1.1 lakh MTPA capacity to its personal care and healthcare items portfolio, by putting up its largest manufacturing facility at Pacharia in Kamrup district of Assam with a total capital outlay of Rs 300 crore. At present, the company has an overall production capacity of 1.63 lakh MTPA of personal care and healthcare products, top company officials said on Tuesday. The new unit will increase the company’s overall capacity to 2.73 lakh MTPA.

Lulu Grp bullish on retail and hospitality

Abu Dhabi-based Lulu Group, owned by Indian entrepreneur Yusuff Ali, thinks the time to pursue aggressive growth plans in India’s retail and hospitality sectors has come. The brand retailing arm Tablez has started rolling out stores under seven brands with a five-year target revenue of Rs 750 crore and Twenty14 Holdings has started off with three hotel projects.

Ads may soon stalk you on TV like they do on your Facebook feed

Targeted ads that seem to follow you everywhere online may soon be doing the same on your TV.

The Federal Communications Commission is poised to approve a new broadcast standard that will let broadcasters do something cable TV companies already do: harvest data about what you watch so advertisers can customise pitches.

The prospect alarms privacy advocates, who say there are no rules setting boundaries for how broadcasters handle personal information. The FCC doesn’t mention privacy in the 109-page proposed rule that is scheduled for a vote by commissioners on Thursday.

Shristi Hotel eyes pan India presence

Shristi Hotel Private Ltd, the hotel arm of the Kanoria family-promoted Shristi Group, is looking at both organic and inorganic growth to spread its wing nationally. While it has already bought large parcels of lands at Udaypur and Pondicherry to build luxury resorts, the company is also on the look out for operational and running hotel properties across all major metros to put up business hotels, resorts and hotels of other formats, said Sujit Kanoria, trustee, Kanoria Foundation and managing director, Shristi.

Ford launches new EcoSport at Rs 7.31 lakh

American Automaker, Ford has introduced its all-new and updated version of popular compact SUV – EcoSport in India. The SUV has been priced at Rs 7.31- Rs 9.17 lakh for petrol manual variant, and Rs 9.34- Rs 10.99 lakh for petrol automatic transmission, while its diesel variant is priced between Rs 8.01 –Rs 10.67 lakh, (all prices are ex-showroom, India). Ford EcoSport is pitched against the likes of Tata Nexon, Honda WR-V, Mahindra TUV300 and Vitara Brezza.

Apple Is Ramping Up Work on AR Headset to Succeed iPhone

Apple Inc, seeking a breakthrough product to succeed the iPhone, aims to have technology ready for an augmented-reality headset in 2019 and could ship a product as early as 2020.

Unlike the current generation of virtual reality headsets that use a smartphone as the engine and screen, Apple’s device will have its own display and run on a new chip and operating system, according to people familiar with the situation. The development timeline is very aggressive and could still change, said the people, who requested anonymity to speak freely about a private matter.

Rebranding to Radisson

Hospitality major Carlson Rezidor Hotel Group has added up another upscale hotel by rebranding its Country Inn & Suites to Radisson Gurugram as a brand synonymous with outstanding service and comfort. It is the first Radisson hotel in the millennium city of Gurgaon.