Hospitality News
Hoteliers, resort owners, tour operators, transport operators and airlines have signed Memorandum of Understanding (MoU) with MTDC to promote tourism of Maharashtra ... Read more
The deal excludes the Lodhi hotel in Delhi, which would remain a part of DLF ... Read more
Based on the equity investments and merger ratios, the aggregate value of the two companies is estimated at about Rs 3,000 crore ... Read more
The hotel chain, promoted by Chander K Baljee, had in 2012 sold its Ahmedabad property for Rs 67 crore as part of the debt reduction plan ... Read more
OTM is being organized at Bombay Exhibition Centre, Hall 1, on 7th, 8th & 9th Feb 2014 ... Read more
Roots Corporation Ltd. has entered into an agreement for managing the 102-room hotel owned by Hind Inns and Hotels Ltd ... Read more
According to a report, approximately 52,000 new hotel rooms are expected to come into the system by 2017 ... Read more
The state government is working on a comprehensive development road-map to rejuvenate tourist activities in conventional areas and also develop new areas says Mir ... Read more
The government has also reduced luxury tax on convention centres and auditoriums with a daily rent exceeding Rs 20,000 to 10 per cent from the existing 20 per cent ... Read more
The hotel will add to IHG’s strong pipeline of Holiday Inn brand family hotels, which represent more than 85% of the company’s growth in India ... Read more