Tata’s IHCL retains Taj Mansingh Hotel after NDMC auction
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 »
Category: Hospitality
Cabinet approves disinvestment of ITDC hotels in Bihar, Jammu and Kashmir
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 »
Holiday Inn Express expands India footprint with launch in Gurugram
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 »
NDMC relaxes eligibility criteria for Taj Mansingh bidders
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 »
IHCL to open eight new hotels this year, eyes 30% growth next five years
NEW DELHI:The Indian Hotels Company Limited (IHCL) will be opening eight new hotels this year and is targeting a 30 per cent revenue growth over the next few years as… Read more »
Taj Mansingh’s auction likely to be postponed again as NDMC gets only two bids
NEW DELHI: The much-delayed auction of the iconic Taj Mansingh hotel in Lutyen’s Delhi is likely to be postponed again as the New Delhi Municipal Council has got less then… Read more »
Choice Hotels to add 11 properties in India by end-2020
NEW DELHI: Hospitality chain Choice Hotels India plans to add 11 properties under the franchise model by end of 2020 in India, a top company official has said. The company,… Read more »
Indiabulls Real Estate to sell office property in Chennai to Blackstone for Rs 850crore
NEW DELHI: Indiabulls Real Estate (IBREL) on Friday announced sale of its office project in Chennai to global investor Blackstone for Rs 850 crore as part of its strategy to… Read more »
Kapil Group to set up Rs 175 crore luxury hotel in Hyderabad
NEW DELHI:Hyderabad-based Kapil Group is setting up a new luxury hotel at Shamshabad near city. The hotel project, which will have serviced apartments as well, will see an investment of… Read more »
Taj group acquires Lutyen’s Delhi hotel in NDMC auction
NEW DELHI: The Connaught, a premium hotel in Lutyen’s Delhi, was successfully acquired by Tata’s Indian Hotel Company Limited (IHCL) in an e-auction conducted by the New Delhi Municipal Council… Read more »