The Quorum launches in Mumbai
NEW DELHI: The Quorum, a lifestyle club that opened in Gurgaon in 2018, today announced the launch of its second club, in Mumbai. With an anticipated opening date in April… Read more »
Category: Hospitality
Mirae Asset wins U.S. lawsuit against China’s Anbang on scrapped $5.8 billion hotel deal
By Joyce Lee SEOUL:South Korean investment bank Mirae Asset Daewoo Co Ltd and affiliates won a U.S. court case against Anbang Insurance Group, a court document showed, after Mirae scrapped… Read more »
Indian Hotels posts net loss of Rs 252 crore for September quarter
NEW DELHI: Tata group hospitality arm Indian Hotels Company Ltd (IHCL) on Wednesday reported a consolidated net loss of Rs 252.09 crore for the quarter ended September 30. The company… Read more »
Santosh Kumar Gangwar performs Bhoomi Pujan of 100 bedded new ESIC hospital at Bareilly
NEW DELHI: The ground breaking ceremony for the Rs 90 crore ESI Hospital coming up in Uttar Pradesh’s Bareilly, was performed today. Union Minister of state for Labour and EmploymentSanthosh… Read more »
Maharashtra: Hoteliers seek reduction in power tariff
AURANGABAD: Hoteliers in Maharashtra’s Aurangabad district have demanded reduction in electricity charges collected from hotels in the state. They said the tariff levied on the hotels should be brought on… Read more »
Hotels, hospitality sectors severely impacted by COVID-19 pandemic: JLL
NEW DELHI: The hotels and hospitality sector in India has declined sharply in the first quarter of 2020, as the COVID-19 outbreak impacts various segments of the sector, according to… Read more »
Hyatt plans to open 11 new hotels in India by 2020-end
NEW DELHI: Global hospitality firm Hyatt Hotels Corporation is looking to open 11 new hotels across India by the end of 2020 as part of its expansion plans in the… Read more »
Invest in Cypriot and Greek;become official residents of European Union in 60 days only
NEW DELHI: Cyprus’ largest developer, Leptos Estates, is the biggest and most successful provider of residency and citizenship schemes across Cyprus and Greece, processing hundreds each year, of which Indian… Read more »
London’s Ritz hotel could be up for sale for $1 billion
LONDON: The owners of London’s Ritz hotel, a haven for royals, statesmen and movie stars, have hinted that they would be open to selling the luxury establishment for $1 billion,… Read more »
Tata Group’s Taj Hotel chain to sell assets as economy weakens
BY: P R Sanjai The luxury hotel chain controlled by India’s Tata Group is looking to sell some assets and avoid owning new properties in an effort to further pare… Read more »