Prognosis Global Consulting

24/07/2020

Watch Managing Partner- Prognosis Global Consulting - Ritu Chawla Mathur moderate the Travel and Tourism Plenary on 25th July 2020...WEF and Prognosis gets together stakeholders from the travel and hospitality industry to debate the way in which they can change the narrative and rebuild the industry, ground upwards. Hear the counter narrative from the perspective of women leadership in the Travel and Hospitality.
To register
https://wef2020.hubilo.com/ticketing/ #/ticket

19/05/2020

Demystifying the Government COVID-19 Relief measures in respect to the Hospitality industry...

On the 12th of May 2020 the Prime Minister of India announced a Rs20,00,000 crore economic package as a push to kick start the Indian economy that is battered and bruised as a result of a series of lockdowns. The relief package which was approx.

03/04/2020

“The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity.”– Ulysses S. Grant

A problem is a chance for one to do their best...but if this is OYO's best...we have little left to say...

At Prognosis Global Consulting our opinion is that while the Coronavirus epidemic amounts to “Force Majeure” it does not allow any single party to selectively...

28/08/2018

There is no doubt that the hospitality industry is rapidly moving towards a future filled with automation and driven by technological advancements. Over the last few years, the industry has witnessed increased adaption in the use of Big-Data Analytics, Robotics and Artificial Intelligence.

In this article we provide insights into certain technological transformations that are likely to play a pivotal role in hotels of the future. We discuss barriers to technological transformation in hotels along with our opinion on the future of Hi-Tech Vs Hi-Touch. We have also included an assessment of these innovations as it relates to management of key functions and processes within hotels.

https://lnkd.in/fqegRVn

There is no doubt that the hospitality industry is rapidly moving towards a future filled with automation and driven by technological advancements. Over the last few years, the industry has witnessed increased adaption in the use of Big-Data Analytics, Robotics and Artificial Intelligence. It is cer...

07/08/2018

At $3.4 Trillion, the global wellness market today is estimated to be almost 3 times larger than the worldwide pharmaceutical market. The Indian market is also reflective of these global trends of rapid expansion in the segment. The wellness market in India is currently estimated at approx. Rs800 billion. The segment has registered an 18.0%-20.0% annualized growth over last five years.

We believe that development of boutique and exclusive health & wellness resorts and destination spas is an untapped opportunity that is likely to yield great dividends for early market entrants in the next few years.

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https://lnkd.in/fGieMrQ

23/07/2018

The state of turmoil in the Indian banking system has generated new concerns for the Indian hotel industry. In what ways, and to what extent, will the industry be impacted? In this article, we make an attempt to gaze the crystal ball and see what lies ahead for the hotel industry in India.



http://prognosisglobal.com/article_detail.php?article_id=3

17/07/2018

A distinct Luxury hotel experience of the future will not mean just opulence, lavish and comfortable accommodations, exquisite gastronomy and a plethora of amazing amenities on offer at the hotel. There is more to it! There is a transformation and an air of positive metamorphosis about the future of luxury travel in India. In the article below we present our views on the future of luxury travel in India.

https://www.linkedin.com/feed/update/urn:li:activity:6424821276606558208

17/07/2018

We’re excited to announce that our new and refreshed website is live. The updated site includes changes to navigation, with dropdown menus for both mobile and desktop versions. We’ve also improved the structure of our content, so you’ll get more from a quick read. There’s a whole host of smaller but impactful changes, all to make your experience of the Prognosis Global website (www.prognosisglobal.com) that much better for you. If you’d like to know more about what we do, then our About Us and Services pages can help.

Prognosis is a Consulting, Asset Management and Advisory Services firm focused on the Hospitality and Food Services Industry in South Asia.

04/07/2018

Taj GVK Hotels continues to remain one of India’s finest hotel companies, while over the last few years the company had reported flat performance numbers, we are of the opinion that the company is poised for strong growth in the next 2-3 years.

InQ3FY18, its revenues increased by 15.0% YOY, the company’s EBITDA margin of approx. 30.0% is better than industry averages and its PAT performance has gone up by an impressive 152.5%

http://www.ecoti.in/H5eFMZ

30/04/2018

https://hospitalitybreakingnews.in/meininger-hotels-to-launch-nine-hotels-this-year/
For those who have not heard of the Meininger Hotels, introduce yourselves to the new wave of Hotel-cum-Hostel that is hitting the Indian market. Welcome the Budget-friendly accommodation that focuses on a shared social experiences! The Meininger Hotels by Peter Kerkar of Cox & Kings since 2013, is aiming to be the number one budget hotel chain with a uniquely flexible room and hotel concept – a hybrid between a designer budget hotel and a traditional hostel. Now, how's that!? And who is the their target segment? Well these hostel-hotels are for everyone.... or who we call the 'FlashPacker' (an evolved BackPacker) - a fast-growing segment of travellers who choose an economic lodging, while they spend freely in activities in the chosen destinations. A unique mix of low-cost and luxury!! So India are we ready fo this unique product and this new-age and evolved traveller...Prognosis would love to hear your views! :-)

Meininger Hotels to launch nine hotels this year March 1, 2018 Meininger Hotels will be launching nine hotels this year. Peter Kerkar, Group CEO, Cox & Kings says, “We are rapidly growing new model of hotels called Meininger which are hybrid hotels. We will open nine new properties this year. We h...

30/04/2018

Siddharth Thaker Managing Partner Prognosis was invited to moderate the Hospitality Plenary at the prestigious yearly event of the All Ladies League - Women Economic Forum 2018 in New Delhi and was conferred the recognition of "Leader of the Decade in Hospitality Consulting' Award for his contribution to the Industry as a Consultant for almost two decades. On his panel of speakers were diverse stakeholders of the Industry like Ritu Bhatia-Kler, Mansi Bhatnagar, Vishal Mehra, Suman Ghelot, Vijay Wanchooo, and Prashanth Rao Aroor, an eclectic mix of industry stalwarts giving the participants from across the world, a perspective on "Trends and Opportunities - (Asia Pacific) in the next decade in the Hospitality Industry"!!! 2018

"Trends & Opportunities in the Hospitality, Tourism & Leisure Industry in the next Decade" Plenary session , 27April2018 ,Timing 5:00PM to 5:30PM at Annual_WEF.