MUMBAI: Tata Group’s hospitality arm IHCL said it has tied up with Singapore’s sovereign wealth fund GIC to invest Rs 4,000 crore to acquire hotels. The Indian Hotels Company (IHCL)… Read more »
NEW DELHI: SoftBank-backed OYO has raised funding from the US-based online accommodation platform Airbnb, a move that will provide the Indian hospitality chain more ammunition to stren-gthen its presence in… Read more »
NEW DELHI: Hotel Leela Venture will sell four of its hotels and a property to a fund sponsored by Canada’s Brookfield Asset Management for Rs. 3,950 crore ($576.41 million), as… Read more »
NEW DELHI: Bird Group on Tuesday said it is looking to open three luxury hotels under its brand ‘Roseate Hotels and Resorts’ in India and Middle East in next 3… Read more »
NEW DELHI: The Leela Hotels acquisition by various suitors has taken a turn for the worse. JM Financial has reportedly filed a suit in the National Companies Law Tribunal (NCLT)… Read more »
NEW DELHI: Bobby Mukherji & Associates have designed The Arium Lounge at The Taj Lands End in Mumbai. This spacious and relaxing lounge is often referred to as the heart… Read more »
NEW DELHI: The iconic Taj Mansingh Hotel in Lutyens’ Delhi was retained by the Tata group in an auction by the New Delhi Municipal Council (NDMC) Friday, an official on… Read more »
NEW DELHI: In continuation of the disinvestment policy of the government, the Cabinet Committee on Economic Affairs on Wednesday approved handing over of two India Tourism Development Corporation (ITDC) hotels… Read more »
NEW DELHI: Global hospitality major InterContinental Hotels Group (IHG) Tuesday launched the first Holiday Inn Express hotel in Gurgaon in partnership with hotel asset firm SAMHI. Under IHG’s partnership with… Read more »
NEW DELHI: Failing to auction the iconic Taj Mansingh hotel in Lutyen’s Delhi in two attempts, the NDMC has decided to relax the eligibility criteria for bidders and reduce the… Read more »