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INTELLISTAY HOTELS
For India, hospitality deals check in again after an inhospitable seasonDistress sales did not really materialise as expected following the onset of the pandemic last year but industry insiders are now expecting...
Deals and transactions back in hospitality industry, industry insiders expect more activity in the coming yearNandivardhan Jain, CEO of hospitality advisory firm Noesis Capital Advisors, that acted as the exclusive transaction advisor for the EaseMy...
Stocks in the news: Bharti Airtel, ZEEL, Vedanta, Bharat Forge and BPCLBharat Forge said its arm Kalyani Powertrain has hiked stake in electric two-wheeler maker Tork Motors to 60.66 per cent.
Hospitality industry hopes to get a nod to operate in a limited capacity soonHospitality services remain prohibited as per the guidelines to contain the coronavirus outbreak, except for hotels, homestays, lodges and ...
MakeMyTrip launches ‘Stays for Saviours’ initiative to support healthcare practitioners fighting COVID-19The medical practitioners will be able to book from over 900 hotel properties across 200 cities in India.
Hotels won’t cut salaries, ask staff to go on leaveAfter the televised address by PM Narendra Modi on the outbreak on Thursday, in which he urged the business community not to cut staff sala...
Hospitality M&A deals to exceed $ 800 million in 2020: HVSIn its new report titled HVS India Hospitality Industry Overview 2019, the company states the hospitality sector witnessed an over 31% grow...
Branded hotels eye tier-3 and tier-4 towns buzzing with business travellers and touristsBranded hotels are expecting better occupancy rates in tier-3 & 4 towns on thriving business environment.
- IntelliStay Hotels may raise funds through private equity route
IntelliStay Hotels, that owns and operates the Mango Suites, is looking to raise funds through private equity route by early FY 12, a top c...