Inspiration Healthcare Share Discussion Threads

[limousine] 16/9/2010 11:30

India Hospitality Corp. (IHC or the "Company"), today announces that it has
entered into a partnership agreement, through its wholly owned hotel subsidiary
Gordon House Estates Pvt. Ltd ("GHEPL") with Entertainment World Developers Pvt.
Ltd. ("EWDPL"), a leading real estate and hospitality developer in India's
tier-II cities. As part of the agreement, IHC will manage EWDPL's hotels
and Food and Beverage ("F&B") outlets in various malls that are currently under
development across India. The hotels and F&B outlets are part of EWDPL's 24
million square foot development pipeline across India, eleven new shopping
malls, ten additional hotels and eleven townships


Been 10 months since this agreemnet, no word of raising the funds to finance deal,anyone now how this deal is progressing ,any of the malls or hotels opened up yet, update from the company would not go amiss.

[limousine] 16/9/2010 01:46

going to rocket these..commenwealth games looming = extra revenue

[limousine] 14/9/2010 16:21

whens results due?

[andrbea] 12/5/2010 08:12

these are very high targets for options compared to the current usd 1 share price:

that the Ordinary Shares trade at | 936,500 | 468,250 |
| no lower than $5.00/share for | | |
| twenty (20) consecutive trading | | |
| days | | |
+------------------------------------+--------------+-------------+
| that the Ordinary Shares trade at | 468,250 | 234,125 |
| no lower than $6.50/share for | | |
| twenty (20) consecutive trading | | |
| days | | |
+------------------------------------+--------------+-------------+
| that the Ordinary Shares trade at | 468,250 | 234,125 |
| no lower than $8.50/share for | | |
| twenty (20) consecutive trading | | |
| days | | |
+------------------------------------+--------------+-------------+

[limousine] 05/3/2010 13:50

now 3 MM quoting stock on L2 usually only 2....ELAR seems to be new

[limousine] 29/12/2009 13:29

The Group reported a total loss of US$8.6 million during the first half of the
fiscal year, compared with a loss of US$5.6 million during the same period last
year. The expenses include a number of non-recurring items relating to the
issuance of shares to the new management and IHC assuming full control of its
operating subsidiaries

wonder how much of the loss relates to non recurring items

[andrbea] 29/12/2009 13:19

results (21 Dec) were poor
but..

Chairman Jason Ader said: "While the hospitality industry in general and the aviation sector in specific have experienced a turbulent last 18 months, the directors remain optimistic given the muted signs of a rebound that are being seen in India.

"Based on data released by the Ministry of Civil Aviation, air passenger numbers in India have shown an increase of approximately 33% and 30% in the months of October 2009 and November 2009 when compared with the same periods in 2008."

[andrbea] 08/12/2009 09:36

in post 92
a good bit is:

IHC also owns India's no. 2 Airline catering service. Jason Ader, who heads hayground and is now chairman of IHC, sees pretax profits rising to $24 million in 2009, up from $14 million in 2008.

[limousine] 08/12/2009 07:44

Seeking Shelter in Indian Hotels
The U.S. market's volatility has some investors heading for India. Hayground Cove Asset Management has bought a 37% stake--and Navis Capital Partners 16%--in tiny but profitable India Hospitality (IHC LN), which trades on the London exchange at $6.30 A share. it owns GOrdon House Hotels, with hostelries in Mumbai and Pune, both four-star. India has only 120,000 hotel rooms, despite a population of 1.1 Billion, vs. China's 1 million rooms in a nation of 1.3 Billion. "With rapid income growth in India and the wide gap between hotel supply and demand, IHC is in prime position to grow fast," says Michael Tew of Sand Hill Research Partners. IHC also owns India's no. 2 Airline catering service. Jason Ader, who heads hayground and is now chairman of IHC, sees pretax profits rising to $24 million in 2009, up from $14 million in 2008.

Note: Unless otherwise noted, neither the sources cited in Inside Wall Street nor their firms hold positions in the stocks under discussion. Similarly, they have no investment banking or other financial relationships with them.

[limousine] 08/12/2009 06:57

May 29, 2009

AMRITSAR: Wal-Mart, the US retail giant, is set to launch its first outlets in India, operating in partnership with Bharti Enterprises to open a cash-and-carry chain, Best Price Modern Wholesale, which is targeted at the $350 billion (€252bn; £220bn) small retail sector in the country.

The Indian retail market is comprised of a mixture of "traditional" outlets, and a growing number of "organised" chains, and also houses a diverse range of national and regional brands.

Wal-Mart first announced the venture with Bharti in 2006, but under the regulations relating to foreign investment in the country, it is not permitted to sell directly to consumers, and must operate alongside a domestic partner organisation.

As such, its new cash-and-carry stores, which will carry around 10,000 products, will target small retailers, hotels and public sector organisations, as well as supplying the 25 Easy Day outlets Bharti Enterprises opened last year.

Raj Jain, president of Wal-Mart India, predicts it will open between ten and 15 stores nationwide over the next three years.

He also argued that the company will adapt its strategy to fit in with the unique demands of the country, as "India is not a homogenous market, so ours is not a cookie-cutter approach from the US."

Rather, Wal-Mart is seeking to build on the fact that "people are beginning to understand that there is a place for modern retailing and a place for traditional stores."

Tesco, the UK-based retail giant, has also joined forces with the Tata Corporation to open a range of retail stores in India, while Carrefour is said to be in negotiations with Reliance over a similar deal.

However, according to Jain, such a strategy is not without risks, as "the easiest thing is to roll out stores, but the most difficult is to sustain and feed them."


I wonder if IHC are able to get involved in Wal Marts plans to get into India , a lot of US funding alread in IHC could be a futre with suppling ready meals

[limousine] 27/11/2009 15:59

smell the coffee

[limousine] 24/11/2009 19:59

when investors wake up to this one.........whoosh

[andrbea] 23/11/2009 14:24

up tick (8%)

[limousine] 03/11/2009 11:27

this could be a a good Acquisition

Acquisition of Treasure F&B business from EWDPL

IHC, through GHEPL, has also agreed to acquire Treasure Food & Beverage Pvt. Ltd. ("Treasure"), the franchisee for "Pizza Hut" in central India, from EWDPL. Treasure operates two Pizza Hut locations in Indore and Bhopal and also manages fine dining outlets and the food court at EWDPL's Treasure Island Mall in Indore. The completion of this transaction is subject to consent from YUM brands for the transfer of franchisee rights from EWDPL to IHC.

[andrbea] 03/11/2009 08:06

I agree - good news today
a bold step

was priced to go bust - hurtled to year low, but these plans show a long-term strategy and big bucks involved (USD 20 million)

nia dyor

[limousine] 03/11/2009 07:43

well as ithought looks a good deal propels IHC into a major revenue stream imo.


RNS Number : 8305B
India Hospitality Corp.
03 November 2009

India Hospitality Corp Announces Hospitality Partnership with Leading Indian

Real Estate Firm Entertainment World Developers Pvt. Ltd.




IHC to Lease and Operate Up to Ten Hotels and Fourteen Food and Beverage Outlets,

To Acquire Rights to Pizza Hut Franchise in Central India




3 November 2009




India Hospitality Corp. (IHC or the "Company"), today announces that it has entered into a partnership agreement, through its wholly owned hotel subsidiary Gordon House Estates Pvt. Ltd ("GHEPL") with Entertainment World Developers Pvt. Ltd. ("EWDPL"), a leading real estate and hospitality developer in India's tier-II cities. As part of the agreement, IHC will manage EWDPL's hotels and Food and Beverage ("F&B") outlets in various malls that are currently under development across India. The hotels and F&B outlets are part of EWDPL's 24 million square foot development pipeline across India, eleven new shopping malls, ten additional hotels and eleven townships.




As part of its hospitality portfolio, EWDPL is developing a total of 900 hotel rooms across 10 locations. The first phase of the hotel development pipeline includes 352 rooms across Nanded, Ujjain, Jabalpur, Bhilai and Raipur ("First Phase"). The subsequent development pipeline includes 548 rooms across Chandigarh, Udaipur, Amravati, Indore and Thiruvanathapuram ("Second Phase"). The partnership between EWDPL and IHC will also employ a unique structure, incorporating the Hotel and Mall F&B under a common operating structure.




Agreement to lease hotels from EWDPL

IHC has agreed to lease the First Phase of EWDPL's hotel portfolio for a period of up to 30 years for a minimum lease guarantee rental payment with a revenue sharing agreement over an agreed upon performance threshold. IHC will employ the "Gordon House" brand, the newly acquired "You" brand, along with a budget variant of the "Gordon House" brand for the purpose of branding and managing these hotels. IHC will also have the right to first offer on the Second Phase of EWDPL's development pipeline, potentially adding an additional 548 rooms to the Company's portfolio.




Agreement to lease F&B space within EWDPL's malls

IHC will manage central commissaries at each of EWDPL's malls, and will manage all mall and hotel related F&B activities including casual dining, fine dining outlets, food courts, and kiosks, apart from onsite and offsite catering.




IHC has agreed to lease the F&B space with a minimum guarantee lease rent and a revenue sharing arrangement. The F&B agreement will initially cover the First Phase of EWDPL's Mall developments with IHC retaining the "right to first offer" to extend this arrangement to the remaining malls being developed by EWDPL.




The total capital commitment by IHC for both the Hotel and F&B build out in the First Phase of the development pipeline will be approximately INR 1,000 million. (USD 21.2 million). The Company plans to fund this initial commitment through equity, internal accruals and bank borrowings.




Acquisition of Treasure F&B business from EWDPL

IHC, through GHEPL, has also agreed to acquire Treasure Food & Beverage Pvt. Ltd. ("Treasure"), the franchisee for "Pizza Hut" in central India, from EWDPL. Treasure operates two Pizza Hut locations in Indore and Bhopal and also manages fine dining outlets and the food court at EWDPL's Treasure Island Mall in Indore. The completion of this transaction is subject to consent from YUM brands for the transfer of franchisee rights from EWDPL to IHC.




Investment from EWDPL

Additionally, EWDPL has agreed to acquire a 15% stake in IHC's subsidiary, GHEPL, in conjunction with the overall transaction. The investment in GHEPL will be completed through phased transactions over the next three years at a value equivalent to IHC's equity investment in GHEPL, increased by 12% per annum.




Speaking on the occasion, Mr. Ravi Deol, Managing Director and Chief Executive Officer, IHC, said, "This is a great opportunity to partner with a leading national real estate developer and capture the incredible growth that is being witnessed in non-metro - the "Real India" - cities across the country. This transaction gives Gordon House a leadership position in the hospitality markets of Central and West India with over a 1,000 rooms under development, and also catapults IHC owned food brands across India's fastest growing consumption markets".




Mr. Manish Kalani, Managing Director, EWDPL, said "We are delighted to enter into this partnership with IHC. IHC's experience of operating in the hospitality sector and the popularity of its brands coupled with our understanding of the tier-II market opportunity is a win-win situation for both of us. Together, we will bring world class experiences to millions of consumers living in these cities".




For Further Information Contact:




India Hospitality Corp.




Media Contact: Mutual Public Relations Ltd.

Harsh Wardhan

[phone]




Investor Relations Contact: Sand Hill RP

Michael A. Tew

[e-mail]

[phone]




www.indiahospitalitycorp.com




Nominated Adviser: Grant Thornton Corporate Finance

Fiona Kindness / Robert Beenstock

[phone]




Broker: Noble & Company Limited

James Bromhead / Sunil Sanikop

[phone]

[limousine] 02/11/2009 14:00

should be due an update with regards to the RNS ssued september.







TIDMIHC

RNS Number : 7913Y
India Hospitality Corp.
09 September 2009

?
India Hospitality Corp.


9 September 2009


Statement re Press Speculation




The board of directors of India Hospitality Corp.("the Company") notes the
recent press speculation in India and can confirm that they are currently in
discussions with Entertainment World Developers ("EWDPL") to run EWDPL's 3-star
and 4-star hotels in India.



Discussions are ongoing and the Company will make further announcements in due
course

[andrbea] 02/11/2009 13:54

5.7p this time last year.. ;-)

[limousine] 02/11/2009 13:37

up again, on a roll now