Capitalising on distress in the Indian hospitality sector, international operators such as Starwood and France's Accor SA are teaming up with investors to acquire hotels from debt-laden domestic owners ... Read more

The group had said that it planned to invest Rs 1,198 crore as part of its expansion plans for next three years ... Read more

The revenues on available rooms has also dropped by 2% in the last 11 months ... Read more

Though the land site was earmarked for horticulture use with restriction in construction up to 10 metres in height, the land was leased out to the hotel developer in violation of land use zone plan ... Read more

Also looking at other key cities like Hyderabad and Bangalore ... Read more

These places aptly suits to the fantasy and imagination of tourists, who are keen in history and live in style ... Read more

The company will only go for management contracts and has signed deals in Bangalore with 250 rooms, Jaipur with 60-70 rooms, Agra with 80-90 rooms, Kerala, Noida with 225 rooms ... Read more

Taj has been operating the hotel on the NDMC land for 33 years & lease for the property ended on October 2011 ... Read more

The hotels (one to five stars) and resorts will come up at historical places of Mandu, Burahanpur and Chanderi under private-public partnership ... Read more

This is the second addition the Company has made in an international destination after Bangkok in November 2012 ... Read more