Hospitality News

» MTDC forms Diamond alliance based on PPP

Hoteliers, resort owners, tour operators, transport operators and airlines have signed Memorandum of Understanding (MoU) with MTDC to promote tourism of Maharashtra ... Read more

» DLF Sells Amanesorts for USD 358 Million

The deal excludes the Lodhi hotel in Delhi, which would remain a part of DLF ... Read more

» Thomas Cook, Sterling Holiday announce Rs 870-crore merger

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

» Royal Orchid Hotels sells Hyderabad five-star hotel for Rs 179 crore

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 Mumbai to host National Tourism Summit and Most Influential Person Awards

OTM is being organized at Bombay Exhibition Centre, Hall 1, on 7th, 8th & 9th Feb 2014 ... Read more

» Ginger Hotel launched in Chandigarh

Roots Corporation Ltd. has entered into an agreement for managing the 102-room hotel owned by Hind Inns and Hotels Ltd ... Read more

» India to see 65 pc rise in hotel rooms in the next five years

According to a report, approximately 52,000 new hotel rooms are expected to come into the system by 2017 ... Read more

» J-K Tourism Minister asks stakeholders to prepare for upcoming tourist season

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

» Kerala Govt slashes Luxury Tax on Resorts to 5% during off season

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

» IHG signs deal to open Holiday Inn at Kolkata, Siliguri and Durgapur in next 3 years

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

Follow on Facebook