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KOLKATA LEISURE PROPERTIES
DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv KumarDS Group is boosting its hospitality investment to Rs 1,500 crore. The conglomerate plans to double its room count ahead of its 2029 target...- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- IHCL acquires majority shareholding in operating company of Tree of LifeIndian Hotels Company (IHCL) is acquiring a majority stake in Tree of Life Resorts & Hotels, aiming to expand the brand to 100 properties b...
- ITC Hotels plans to add 70 properties in five years: CEOITC Hotels aims to bolster its portfolio to 200 hotels within the next five years, up from the current count of 130, by introducing propert...
- As travel bookings rise, hotel room rates zoom in leisure destinationsFollowing a dismal January, customers started coming back last month and the chain increased rates by 15% compared to February last year.
- Inox to telecast World Cup matches live in cinema screensThe ICC World Cup 2019 is schedule to kick off on May 30 in England and the final will be played on July 14 at the iconic Lord’s stadium.
- Hotels, aggregators, travel agents report surge in bookings for festival seasonFestive season bookings for budget hotel brand OYO are nearly 45% higher than those made for the same period last year.
- Lemon Tree planning to open 15 hotels by FY19Lemon Tree is looking at Siliguri, Mumbai, Patna, Amritsar, Gangtok, Jammu, Lucknow, Kolkata and Coimbatore for its new properties.
- Treebo Hotels looks east to fuel expansionTreebo is looking to expand its presence in other business and leisure destinations like Ranchi, Patna, Gangtok, Darjeeling, and Puri.
- InterContinental Hotels Group launches first Holiday Inn in KolkataIHG in partnership with the Jain Group will introduce two more Holiday Inn properties in Durgapur and Siliguri, West Bengal.
- Lemon Tree looks east for expansionSome of these locations include places like Ahmedabad, Aurangabad, Aligarh, Alwar, Bandhavgarh, Bengaluru, Bhiwadi, Chandigarh, Chennai, Co...
- Yatra.com to launch homestay accommodation at 22 placesYatra.com is set to launch homestay accommodation at about 14 leisure destinations and eight business centres across the country.
- OYO Rooms to expand to 1,500 plus rooms in east India by year endThe branded budget hotel network had started operations in Kolkata in April this year and had added over 300 rooms in 30 partner hotels.
- StayWell Hospitality to add 18 hotels in India by 2017The group has two properties in the country and is targeting a mix of major metros and smaller cities, including Mumbai, Delhi-NCR.
- InterContinental Hotels Group ties with Jain group for Holiday Inn DurgapurThis tie up would mark the entry of the Holiday Inn brand in Durgapur, an industrial town of the state.
- 52,000 hotel rooms to be added in next 5 yrs: ReportNearly 52,000 new hotel rooms are expected to be added in India over the next five years on rising demand from travellers.
- Sinclairs Hotels reopens Sinclairs Retreat OotySinclairs Hotels Limited on Tuesday announced the grand reopening of Sinclairs Retreat Ooty - the 72-room 7-suite hill resort located 2240m...
- Oberoi Group in talks with Turkey for hospitality ventureHospitality major The Oberoi Group is in talks with Turkey for a hospitality venture, a top official said.
- Park plans Rs 1k-cr expansionApeejay Surrendra Group’s hospitality arm, The Park Hotels, plans to invest Rs 1,000 crore to add four new hotels in the country, said its ...
- Indian Hotels to promote Ginger throughout IndiaThe first Ginger Hotel in West Bengal would be inaugurated at Durgapur on Wednesday.
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