Buy Samhi Hotels, target price Rs 245: JM FinancialJM Financial has recommended buying Samhi Hotels, setting a target price at Rs 245, as opposed to the current Rs 146.25. The small-cap hote...
13 Mar, 2025, 09.31 AM IST
Nationwide occupancy of 67.5% highest in a decade in 2023-24: Hotelivate ReportIndia's branded hotel sector achieved a 67.5% nationwide occupancy rate in 2023-2024, the highest in a decade, with an average daily rate o...
09 Oct, 2024, 10.09 AM IST
Hotelivate ties up with us firm to expand footprint in North AmericaHotelivate, which also launched its office in Singapore and is opening another one in Bangkok, said the partnership is aimed at marketing a...
05 Apr, 2018, 12.24 PM IST
Oberoi president Kapil Chopra quits to become full time entrepreneurThe 89-year-old veteran hotelier PRS Oberoi, wrote to all employees on December 30 informing them of Kapil Chopra’s decision to move on fro...
31 Dec, 2017, 01.44 PM IST
HVS to announce a new leader in India shortlyThe president and CEO of hospitality consulting firm HVS, Stephen Rushmore Junior has confirmed that the leadership of HVS’s firm in India ...
30 Dec, 2017, 05.43 PM IST
HVS to wrap up operations in India under existing arrangement, services moved to HotelivateHVS APAC chairman has launched Hotelivate, a new hospitality consulting firm which presently has offices in Delhi and Mumbai, with Singapor...
29 Dec, 2017, 08.52 AM IST
Manav Thadani ends 20-year HVS partnership to set up own companyHVS was the biggest consulting firm in the hospitality business in India and provided hotel valuation, contract negotiation and brand manag...
29 Dec, 2017, 08.20 AM IST
HVS hives off non-core services to new entityHVS India’s senior executives hold equity in the new entity along with the New York-headquartered firm’s CEO, Steve Rushmore Jr.
03 Nov, 2017, 12.14 AM IST
Oberoi Group President Kapil Chopra new WTTCII ChairmanIt further said Air India Chairman & Managing Director Ashwani Lohani has been appointed as the Vice-Chairman of WTTCII for 2016.
10 Dec, 2015, 02.34 PM IST
Maharashtra tops hospitality charts; strong economy & good infra help stateMaharashtra has topped a hospitality survey conducted by global hotel consultancy HVS, which ranked Delhi and Goa in the second and third p...
07 Oct, 2015, 11.51 AM IST
Woes for hotel developers: Rupee fall pushes project costs by up to 15%Despite the crash in rupee, the silver lining is that investors with surplus funds can find good deals to buy hotel properties.
31 Aug, 2013, 01.40 AM IST
Rupee fall: Hotel companies to provide for 15% higher costThe rupee’s slide against the greenback is pushing up project costs for hotel developers by at least 10% to 15% and this could lead to furt...
30 Aug, 2013, 11.34 AM IST
Demand for domestic hotels rises as trips abroad get dearer due to rupee fallAccording to a study, in 2013, domestic travel spending will also grow by 6.1% while spending by international visitors will rise 8.7%.
17 Aug, 2013, 05.00 AM IST
- Equity International to invest $75 mn in SAMHI
While the investment will involve picking up of equity stake in SAMHI by Equity International (EI), the company has not disclosed the same.
03 Nov, 2011, 03.48 PM IST
- Global hotel chains change India strategy
International hotel chains are going beyond lending brands and managing hotels owned by local partners to invest directly in ventures that ...
27 Dec, 2010, 01.16 AM IST
- Hotel majors to delay tier-II expansion plans
Premium hotel chains have put their projects in tier-II markets such as Pune, Hyderabad and Bangalore on the backburner, said industrial of...
04 Feb, 2009, 01.40 AM IST
- Govt plans easier FDI rules for hotels, tourism projects
The government plans to do away with the minimum area and capital requirements for foreign investments in realty projects involving hotels,...
31 Jan, 2009, 01.29 AM IST