Rare-Naman gets the vote for Rajesh Lifespaces' hotel unitThe Rare-Naman Group consortium had offered ₹461 crore upfront in cash with another ₹31 crore in equity, making it the preferred bidder for...
Three bidders in close fight for Rajesh LifeSpaces’ hotel businessThe three bidders have offered different plans which will now be evaluated by Resurgent Resolution Professionals, the valuer appointed by b...
Lenders fix base auction price of ₹305 crore for Rajesh LifeSpaces' hotel businessBidders will have to increase their bids by ₹10 crore in each round with the lowest bids getting eliminated, people familiar with the proce...
Sankalp top bidder for stressed hotel unit of Rajesh LifespacesBanks received six bids with resolution plans ranging from ₹145 crore to ₹250 crore in the initial round of bidding conducted last month. S...
Indian Hotels, Chalet among cos keen to acquire debt of Rajesh Lifespaces' armAmong the others interested in the company, with a hotel property in Mumbai's Powai, are large alternative asset funds such as Oaktree, Kot...
- Travelog: Around the world
The number of hotel visitors to Dubai is projected to rise to ten million by 2010, from about seven million in 2007.
- Hotel Leelaventure, General Hotel Management agree to part ways
Hotel Leelaventure will amicable separate agreement with General Hotel Management (GHM), the company that has been operating and managing T...
- Leela Ventures to now team up with Kempinski for global foray
Hospitality major Hotel Leela Ventures has now decided on co-branding with its long standing partner Kempinski.