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CLARKS GROUP OF HOTELS
ASK Curated Luxury Asset Fund I invests Rs 63 crore with Goa-based developerASK Curated Luxury Asset Fund I has invested Rs 63 crore in a luxury villa project in Arpora, North Goa. The project, Ananda Nilaya, will f...- IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
- IHCL to aquire 51% stake in Brij HospitalityIndian Hotels Company, backed by Tata Group, is acquiring a majority stake in Brij Hospitality. This move aims to bolster IHCL's presence i...
- ASK Property Fund, India SIR partner with Amavi by Clarks for Rs 500cr equity platformASK Property Fund and India Sotheby's International Realty have launched a Rs 500 crore equity platform with Amavi by Clarks to invest in l...
- ASK teams up with Amavi by Clarks for Rs 500 crore luxury housing betASK CLAF I is launching a Rs 500 crore equity platform with Amavi by Clarks. This venture will invest in branded luxury second homes in sce...
- IHCL's Ginger brand is leading mid-scale opportunity in India: MD and CEO Puneet ChhatwalTata Group-backed Indian Hotels Company Ltd (IHCL) has agreed to buy around 51% stake each in ANK Hotels Pvt Ltd and Pride Hospitality Pvt ...
- IHCL portfolio to cross 550 hotels with 55,000 rooms post acquisitionsTata Group's IHCL is set to expand its portfolio to over 550 properties with 55,000 rooms through acquisitions of controlling stakes in ANK...
- IHCL shares rise nearly 2% on plans to acquire 51% stake in ANK Hotels and Pride HospitalityIndian Hotels Company (IHCL) shares surged following the announcement of acquiring stakes in ANK Hotels and Pride Hospitality for ₹110 cror...
- IHCL inks agreements to acquire 51% stake in ANK Hotels and Pride Hospitality for Clarks Hotels & ResortsIndian Hotels Company (IHCL) is set to acquire a 51% stake in ANK Hotels and Pride Hospitality for approximately ₹204 crore, adding 135 hot...
- Once a clerk, he set up a business by pledging wife's jewellery. Now it is a Rs 25,000 crore empireMohan Singh Oberoi is a name synonymous with excellence in the hospitality industry. As a visionary hotelier, he founded and served as the ...
- Repup launches 2019 luxury brand reputation reportAccording to to the Indian luxury brand reputation 2019 report launched by Repup, the Oberoi Group had the highest reputation score of 96.2...
- Early-stage VC Jungle Ventures invests $1 million in hotel booking engine CommeasureProceeds from the investment round will be used by the year-old company to expand its presence in south-east Asia, and build on its tech st...
- Noel Tata: The man who is helping build Tesco-Tata retail partnership in IndiaNoel Tata doesn’t head Trent any more, but the dyed-in-the-wool retailer is still busy helping a partnership with Tesco take shape.
- Paramount to invest Rs 400 cr on housing projectRealty firm Paramount on Sunday said it will invest Rs 400 crore to develop a housing project in Noida over the next 30 months.
- Clarks plans to enter hospitality sector in Latin AmericaClarks Group of Hotels is in talks with hospitality majors for cross investments in the hospitality sector.
- Cash subsidy may check into budget hotelsIt’s all about budget. The government might soon give cash subsidy to budget category hotels owing to shortage of rooms in the segment.
- Bed-and-breakfast biz gains popularityIn the good old days it was common for country travellers to spend the night at a barn rather than a hotel.
- Rent room to tourists & earn moneyHome-stay policy of ministry is helping add rooms in mkt where demand outstrips supply.
- Hospitality giants get penny wise with budget hotelsThe existing supply of budget hotels may not have kept pace with the increasing demand for budget hotels, but things could change soon. And...
- Hotels make room for moreHotels in India are thriving like never before with average room rates (ARRs) skyrocketing and the second quarter growth pegged at 35-40%.
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