Royal Orchid Hotels inks deal to open an upscale hotel with 300 rooms in Mumbai at T2

Bangalore, 5th April 2024: Royal Orchid Hotels Limited, a leading hospitality brand, has signed a Lease/Revenue sharing agreement with MASA Hotels Pvt. Ltd for their upcoming 300 Rooms – a 5-star hotel in Mumbai, Maharashtra the commercial capital of India. This property comes after ROHL recently announced the opening of 288 Keys upcoming 5-star hotel in Surat, Gujarat last week. Both new properties will be part of the soon-to-be-announced new upscale brand under ROHL Ownership.

The 300-key 5-star property opening in late 2024 is conveniently located just a 2-minute walk from the terminal front door! This property spans over 12 floors and features a banquet ballroom, meeting floor, grand lobby bar, and 24-hour interactive food options. Additionally, on the 11th level, there is a business lounge catering to club and airport travelers, as well as amenities such as a spa, gym, wellness facilities, and a rooftop infinity pool and bar.

Chander K Baljee, Chairman & Managing Director, said, “Following the addition of the 288-room upscale asset in Surat, we are thrilled to introduce our new 300-room 5-star property located in the heart of Mumbai at SAHAR T2. Positioned as a must-stay destination, we eagerly anticipate welcoming guests to experience our new brand and providing them with a fresh and unforgettable experience in Mumbai.”

Arjun Baljee, President, commented, “With this amazing asset, we will usher in a new category of upscale hotel in India – just what the modern traveler needs and wants. We are reimagining the entire experience of the guest – from the entrance to the rooms, the technology, facilities offered – every touch point is being thought through with a new lens.”

This agreement signifies ROHL’s dedication to the west region and our intention to broaden our presence with multiple assets in a Tier 1 hub. The property’s distinctiveness and location make it a must-stay in Mumbai for both leisure and business travelers”, said, Philip Logan, Chief Operating Officer.

Amit Jaiswal, Chief Financial Officer, said, “Mumbai is a global economic hub, and ROHL’s forthcoming 5-star will position Royal Orchid Hotels as the go-to choice for leisure and business travel in the city. Often compared to New York, Mumbai is home to the Bombay Stock Exchange, offering a plethora of opportunities to host travelers extending our reach.”

Alternative Payments Starts Revolutionary Open Banking DPMax

Kerrville, TX, April 05, 2024 — Alternative Payments launches its revolutionary Open Banking Platform, DPMax, aimed at transforming the payments landscape. The company’s new technology will boost local market presence and help US-based companies to become more competitive in the global market. Alternative Payments’ goal is to provide e-commerce businesses with a payment solution that is cost-efficient, seamless, relevant and provides the best coverage in the EU. Drawing from its two decades of experience in the industry, Alternative Payments has established a reputation as the leading provider of payment solutions, continuously innovating and expanding its services to meet evolving business and consumer needs. The company places a premium on security, reliability, and convenience, making it a trusted partner for businesses seeking to streamline payment processes and enhance customer experiences.

DPMax Open Banking is a relatively new product to the market that provides access to thousands of banks already integrated into the system, resulting in a payment method familiar to consumers in Europe as it is a classic bank transfer.

Backed by the European Commission’s Open Banking Infrastructure., it will empower consumers to share their data securely so that they can get a wider range of better and more secure financial products. The payment services market has changed significantly in recent years and Alternative Payments is bringing these advantages to US-based merchants. Electronic payments in the EU have been constantly growing, reaching €240 trillion in value in 2021.

Alternative Payments is committed to evolving the industry towards simple integrations, providing chargeback-free solutions, and being the top leader in local payment methods. Merchants can accept payments easily and securely through our seamless, innovative platform, requiring only a simple integration.

Marjan Boras, Chief Revenue Officer at Alternative Payments, discusses how A2A payments are set to become the future of online payments. Not only does Open Banking reduce fraud and chargebacks, offer real-time settlement options, and on top a cost-effective solution. In the end, the goal is that merchants and consumers have a simple and secure payment method, resulting in a seamless and trustworthy digital commerce environment.

Alternative Payments urges any merchants planning to expand their reach to the EU to get in touch and discover why they are the number one payment solution provider. With a commitment to innovation and delivering best-in-class solutions to its clients, Alternative Payments aims to remain at the forefront of the evolving payments landscape.

ANAROCK launches office leasing and advisory vertical, appoints CRE veteran Peush Jain as MD

 5th April , 2024: Leading independent property services group ANAROCK has announced the launch of its dedicated commercial office leasing services and the appointment of CRE veteran Peush Jain as Managing Director – of Corporate Leasing & Advisory. After successfully launching office strata-sale-focused ANAROCK Commercial in 2020, the Group sees this move as the logical next step toward completing its industry-defining real estate services portfolio.

The launch of its commercial leasing and advisory vertical aligns seamlessly with the Group’s overarching growth strategy. ANAROCK will target international strategic collaborations and aggressively hire top-notch commercial advisory talent to deliver exceptional services to corporate occupiers.

Anuj Puri“It is well known that a sizeable segment of our leadership has a highly pedigreed commercial real estate background,” says Anuj Puri, Chairman – ANAROCK Group. “However, our business strategy is phased expansion. While commercial office leasing has always been a must-have in our portfolio, we wanted to wait for the right moment in time to launch this vertical. That time is now – and given Peush Jain’s established track record, we are in a strong position to capture significant market share in this segment.”

A real estate industry veteran with 23 years of experience in commercial real estate leasing, Peush Jain has deep industry relationships with domestic and multinational occupiers, owners, and investors in various asset classes. Before his appointment at ANAROCK, he held leadership roles in international property consultancies CBRE and Colliers International.

At ANAROCK, he will spearhead corporate leasing, tenant representation across service lines, landlord representation for key developers, and managing important client relationships.

Peush Jain” I am excited to join ANAROCK, an industry icon in real estate services, to expand its portfolio into commercial real estate leasing and advisory services.” says Peush Jain, Managing Director – Corporate Leasing & Advisory, ANAROCK Group. “Apart from long-standing office occupier and owner relations, the Group has a technology-focused approach which aligns perfectly with my vision of integrating tech-driven solutions into the commercial real estate business. We will be adapting many of the Proptech solutions ANAROCK has developed in-house to extend the Firm’s brand of excellence into the office leasing and advisory vertical.”

The time is indeed right for the Group to explore the lucrative office leasing sector, which is performing much better in India than in even the most advanced economies. According to ANAROCK Research, the Indian office market has demonstrated remarkable resilience despite global uncertainties. Projections indicate that office leasing in India will reach an unprecedented milestone by surpassing 50 million square feet by 2024-end. This surge is predominantly driven by robust leasing activities from Global Capability Centers (GCCs).

Currently occupying approximately 200 million square feet, GCCs are anticipated to expand their footprint to 280-300 million square feet in the next 3-4 years, triggering a demand surge of 80-100 million square feet. Key drivers in this growth include segments such as manufacturing, engineering R&D, technology, and BFSI (Banking, Financial Services, and Insurance).

Hisense Elevates its AC Portfolio: Redefining Home Cooling with the Launch of CoolingExpert Pro AC

New Delhi, 5th April 2024: Hisense, a global leader in consumer electronics and home appliances, strengthens its India air conditioner product portfolio with the announcement of the launch of CoolingExpert PRO AC, bringing advanced technology to redefine home cooling solutions for Indian households. The CoolingExpert PRO AC offers swift and efficient cooling through the Quick Chill Turbo Mode, featuring high fan speed. With the 4-in-1 Convertible Mode, users can precisely modulate cooling efficiency to suit their needs. The Intelligent Inverter utilizes Variable Tonnage Technology for faster cooling and increased energy savings. Priced at an attractive INR 27,990/-, the CoolingExpert PRO AC will be available on leading ecommerce platforms. Hisense also provides a robust warranty for the CoolingExpert PRO series of ACs: 1-year comprehensive warranty, 5-year PCB warranty, and 10-year compressor warranty for ultimate peace of mind.

In a stride towards revolutionizing home cooling solutions, Hisense unveils the CoolingExpert PRO AC, a testament to the company’s commitment to combining technology with unparalleled user-centric design. The CoolingExpert PRO stands as the embodiment of this visionary approach, presenting an array of features meticulously crafted to elevate the cooling experience. From the Quick Chill Turbo Mode, harnessing an intelligent compressor for swift and effective cooling with high fan speed, to the 4-in-1 Convertible Mode allowing precise modulation of cooling efficiency, and the Intelligent Inverter employing Variable Tonnage Technology for faster cooling and increased savings – each feature is intricately designed to cater to diverse needs. Furthermore, the AC boasts Anti-corrosion technology with an Extra Enhanced hairpin coating and Blue Fins in the Indoor Unit for longevity, Intelligent Modes for seamless customization, Sleep Mode for optimal rest, and a Wide Voltage Range ensuring stabilizer-free operations. Priced at an enticing for 1 Ton 3 Star,- 1.5 Ton 3 Star, – for 1.5 Ton 5 Star, and 2 Ton 3 Star, the CoolingExpert PRO is not just a cooling device but a testament to Hisense’s commitment to an elevated, futuristic, and holistic cooling experience.

Mr. Steven Li, Managing Director of Hisense India, remarked, “At Hisense, our vision for India has always been to enrich the lives of our consumers through technology. With the launch of CoolingExpert PRO, we are taking a significant step towards providing not just cooling but an immersive experience that aligns with the evolving needs of our customers. This product reflects our long-term commitment to innovation, sustainability, and above all, customer satisfaction.”

Specifications and Features:
Quick Chill Technology:
Activated for swift and efficient cooling through Quick Chill Turbo Mode, the intelligent compressor achieves rapid temperature reduction. This feature combines high fan speed, responding promptly to cooling needs and providing instant comfort at users’ fingertips.

4-in-1 Convertible Mode:
Tailoring the cooling experience becomes seamless with the 4-in-1 Convertible Mode, allowing precise adjustment of compressor speed for faster cooling and improved power efficiency. Users can choose from 40%, 60%, 80%, and 100% modes, providing flexibility to create the perfect environment for any situation.

Intelligent Inverter with Variable Tonnage Technology:
The AC delivers accelerated cooling and increased energy savings with the Intelligent Inverter. Employing Variable Tonnage Technology, it dynamically adjusts its performance based on users’ requirements, striking an optimal balance between efficiency and comfort.

Anti-corrosion Protection: Hairpin Coating and Blue Fins:
Shielded from corrosion caused by humidity or pollution, the CoolingExpert PRO AC features an Extra Enhanced hairpin coating and Blue Fins for the Indoor Unit, ensuring longevity and optimal performance even in challenging environmental conditions.

Customizable Intelligent Modes:
Comfort becomes tailored with the Intelligent Modes, allowing seamless switching between Auto, Cool, Dry, and Fan modes based on prevailing weather conditions. This ensures an ideal environment for every moment, enhancing overall comfort.

Health-Focused PM 2.5 Filter:
Prioritizing health with the PM 2.5 filter, the CoolingExpert PRO AC safeguards against viruses and pollution, providing clean and fresh air throughout the space. This feature contributes to a healthier indoor environment for users and their loved ones.

Durable 100% Copper Build:
Built with 100% copper, the CoolingExpert PRO AC ensures durability, easy maintenance, and an extended product lifespan. This feature provides peace of mind, assuring reliable performance for years to come.

Environmentally Conscious R-32 Refrigerant:
Contribution to environmental protection is made through the use of the R-32 refrigerant, a next-generation solution resulting in zero ozone depletion. The use of R-32 aligns with the commitment to sustainability and the well-being of the planet.

Sleep Mode for Optimal Rest:
The sleep environment is enhanced with Sleep Mode, gradually adjusting the temperature by 1 degree every hour for the next 2 hours, then maintaining it for the following 6 hours, and returning to the set temperature in the morning. This ensures a comfortable and energy-efficient sleep experience.

Wide Voltage Range for Stabilizer-Free Operations:
Operation becomes seamless between 140-290V with stabilizer-free operations, protecting against sudden voltage fluctuations. This wide voltage range ensures a reliable and uninterrupted cooling experience, adapting to diverse electrical conditions.

Intelligent Self-Cleaning and Diagnosis:
Maintaining a healthy indoor environment is made simple with the click of a button using Intelligent Self-Clean. This prevents dust or mold accumulation on the indoor coil. Additionally, the AC scans 33 parameters for real-time error codes, empowering users to assess issues promptly and take appropriate actions for optimal performance.

Hoffmann Brothers Appoints Matt Whiat as Its New President

St. Louis, MO, April 04, 2024 — Hoffmann Brothers, a family-owned and full-service home service provider, is excited to announce the appointment of its new President. Matt Whiat is a highly accomplished executive with extensive experience in leadership development, executive coaching, and scalability. As President, he will play a key role in driving the company’s growth, fostering innovation, and ensuring the continued delivery of exceptional customer service.

“I am excited and grateful to welcome Matt Whiat to Hoffmann Brothers as our President,” said Chris Hoffmann, CEO and former President of Hoffmann Brothers. “Having worked with Matt for the last two years through our Advisory Board, I have developed great respect and admiration for his leadership and ability to make an impact.”

Hoffmann continued, “As our business looks to grow organically and by acquisitions, our leadership team was eager to find a President who could step into this mission-critical leadership role and steward us through this next stage of growth. The team is excited about the appointment of Matt and looks forward to the positive impact he will have on the company’s continued success.”

Whiat most recently served as a Senior Partner and one of the Founding Partners of the Chapman & Co. Leadership Institute, a leadership consulting company within the Barry-Wehmiller organization. In that role, Whiat helped organizations of all types and sizes with their leadership challenges and opportunities. Prior to that, he served over 20 years as a United States Air Force Officer with assignments on the Joint Staff at the Pentagon, as a member of the United Nations to bring peace to Liberia in West Africa, and with NATO partners for operations in Afghanistan.

He holds graduate degrees in finance, management, and international relations and has an undergraduate background in industrial engineering and technology.

“I am honored to join Hoffmann Brothers, a company known for its commitment to excellence and customer satisfaction. I look forward to working closely with the talented team and building on the strong foundation that Hoffmann Brothers has established,” said Whiat.