Berggruen Hotels to add 3 ‘Keys Hotels’ in FY18
NEW DELHI (INDIA): Berggruen Hotels said it is looking at adding three properties under its brand ‘Keys Hotels’ this fiscal as part of its expansion plans in India. The hospitality… Read more »
Category Archives: Hospitality
ITC says 40 new hotels with 5,000 rooms in pipeline
NEW DELHI (INDIA): Diversified firm ITC plans to open 40 new hotels, adding around 5,000 rooms over a period of time, as part of the strategy to strengthen its hospitality… Read more »
India to exit 3 ITDC hotels, handover stakes to state governments
NEW DELHI (INDIA): As part of the disinvestment exercise, the government of India decided to exit three ITDC hotels including Jaipur Ashok and handover them to the state governments concerned…. Read more »
NDMC to begin auction process for Taj Mansingh, 2 other hotels
NEW DELHI (INDIA): The New Delhi Municipal Council (NDMC) has decided to invite bids for e-auction of three Lutyen’s zone hotels, including the iconic Taj Mansingh, nearly six months after… Read more »
Hotel Leela says no final pact with anyone to sell Chennai hotel
NEW DELHI (INDIA): Hotel Leelaventure said there is no final agreement with any party to sell its Chennai hotel, though negotiations are on to sell the property in coordination with… Read more »
Middle East giant in talks to buy Sahara’s billion-dollar US hotels
NEW DELHI/NEW YORK: Embattled Sahara group is in talks with a large Middle-Eastern enterprise for sale of its majority stake in two prime New York hotels — including the iconic… Read more »
N Chandrasekaran backs Indian Hotels’ foreign asset deals
MUMBAI (INDIA): Tata group chairman N Chandrasekaran on Monday said Indian Hotels took “appropriate financial decisions” by selling certain assets post financial crisis while retaining iconic properties like the Pierre… Read more »
Sahara group hires JLL for Plaza hotel sale
NEW YORK/NEW DELHI: Embattled Sahara group has roped in real estate consultancy major JLL for finding a buyer for its iconic Plaza hotel in the US which can fetch a… Read more »
Marriott India to have 100 hotels by next year
PANAJI (INDIA): American hospitality group Marriott International Inc will have 100 operational hotels in the country by 2018, a top executive has said. The world’s largest hotel chain which begun… Read more »
Indian-American-led Dream Hotels to open property in Delhi
NEW YORK: Indian-American hotelier Sant Singh Chatwal has signed an agreement to expand its business to India with opening of a luxurious hotel in New Delhi in 2019. The Chatwal-led… Read more »