Friday, November 03, 2006

Café Ritazza to open at airports

Business Standard reports that food retailer RKHS, formerly known as Radha Krishna Hospitality Services, has tied up with Select Service Partner (SSP) to set up travel concessions and eateries at airports and railway stations in India. Under the agreement, RKHS will be launching Café Ritazza, which is owned by SSP, at airports in India. At present these cafés are located at 120 airports in 23 countries.

Sunil Nayak, CEO of RKHS said that while this was the company’s first venture into the retail of travel concessions, in the next 2-3 years this division would be contributing up to 8% of the total turnover of the company, reaching Rs. 1,000 crore by 2010. Jude D’Cruz, vice-president (strategy and new business) for RKHS added, “Privatization of airports and a rapid growth in air traffic in the country will increase the demand for food offerings of international standard and service at airports.”

The company already has 2 functional outlets in Mumbai, one at the international airport’s departure terminal and the second at Lilavati Hospital, more outlets are expected to open in Delhi, Bangalore and Hyderabad. Sunil Nayak emphasized that concepts would be Indianized to suit the local palette.

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