The Piramal Group has sold its bad loans worth ₹531 crore to Omkara Asset Reconstruction Co., including properties like a JW Marriott hotel...

The deal has attracted attention as one of the largest transactions in distressed assets, because of debt of marquee real estate projects o...

IHG is well-positioned to capitalise on the market demand and is meaningfully expanding its presence across key markets in the country with...

It currently has 39 hotels operational with 7,000 rooms and 39 in pipeline which are expected to be operational in the next 12-24 months.

Prior to this, PCHFL had invested Rs 600 crore in Gurgaon based Vatika Group for their Westin Gurgaon and the Westin Sohna properties and R...

PFL has invested Rs 650 crore in Vatika Hotels, which owns The Westin Gurgaon, a 313-room keys hotel located in Gurugram.

A recent report by consulting firm HVS pointed out that of the 14% surveyed Asia Pacific contracts which permitted termination upon hotel s...

Global hospitality major InterContinental Hotels Group (IHG) today said it plans to open 47 new hotels in India by the end of 2017 thereby ...

InterContinental Hotels Group (IHG) has signed 13 new hotels in India in 2012, boosting its existing pipeline of hotels in the country to 4...

The chain that operates hotels under the mid-market "Keys" brand, currently manages 937 rooms in the 10 hotels under its belt in the countr...

The best workplaces have redefined their agenda by improving employee positive perceptions about work life balance by a phenomenal 18% in t...

IHG Asia Pacific chief operating officer (southern Asia & Korea) Jan Smitts spoke to ET about the Indian hospitality industry.

UK-based InterContinental Hotels Group (IHG) on Monday said it plans to open 20 hotels in India with over 5,000 rooms under its different b...

It’s not all hunky-dory for the hotel segment. Blame it on high room rates, the occupancies of branded hotels (three to five star) in metro...

Global hospitality majors like Hilton, Starwoods, Accor, Carlson and InterContinental are stepping up their global offerings in the Indian ...