The Company opened five properties during the second quarter of 2012; The Company’s Board of Directors authorized a repurchase of common stock of up to $200 mn ... Read more

The Kolkata launch is part of the massive 1000 Crore expansion initiative embarked by the company; 400 rooms property in Mumbai soon ... Read more

MHRIL announced its Q1 operating Income at Rs157.00 Crs, an up of 25 % over the same quarter last year ... Read more

Restaurant & spa category on e-tailing sites grew by 24 percent ... Read more

Project would have serviced apartments and apartments along with a 160-180 room hotel; Nita Ambani, wife of RIL chairman Mukesh Ambani, gets on EIH board ... Read more

The return will be funded by the planned sale of its New York hotel, London Park Lane hotel is said to be next in line. ... Read more

The group however said it will not proceed for hotel projects in Rajarhat which was mentioned in the last annual general meeting (AGM) of East India Hotels Ltd ... Read more

Ibis Navi Mumbai has been set up at a capital investment of about Rs 150 crore and aims to break even in next two years ... Read more

The proposed 3 per cent luxury tax would be levied on hotel rooms (tariff above Rs 750), banquet halls, spas, health clubs (annual turnover of Rs 5 lakhs). The luxury tax would be in excess of the VAT levied ... Read more

The Olympics Special will be held at the Coffee Shop from 31^st July, 2012 till 12 August, 2012 and will boast of specially charted menu, Olympic themed ambience and promotional discounts ... Read more