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Best Business Hotel Chain
The Nominations
- Sarovar Park Plaza Hotels & Resorts P Ltd
- Best Western South Asia
- Choice Hospitality (India) P Ltd
- Abad Group of Hotels
- Days Inn India
- The Ambassador
- Fortune Park Hotels Ltd
- The Orchid - An Ecotel Hotel
The award for the Best Business Hotel Chain Operator,
which included hotels and resorts, below the five star deluxe category only,
was based on the following factors:
- Gross Revenue from operations for all the luxury hotel properties
ie Room revenue, F&B revenue and Other revenue. The period stipulated
was from April 1, 2002 to March 31, 2003.
- Total room inventory in all listed properties as of March 31, 2003.
- Average room rate for the luxury chain properties last year.
- Net profit/loss from operations last fiscal year before any appropriations.
- Total number of employees in the luxury hotel operations as of March
2003.
All financial statements submitted were certified
by the Chartered Accountant of the nominee.
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