Searched for
MANDEEP S LAMBA
Hotel occupancy falls 31% in JanuaryIndustry insiders said after the year-end frenzy in December,the performance of the Indian hotels sector was relatively subdued and grew ma...
Hotel occupancy in India improved from approximately 10% in April 2020 to almost 26% in September 2020: HVS Anarock"We anticipate the overall Indian hospitality sector (including organized, unorganized and semi-organized operators) to incur an estimated ...
Hospitality Inc may not offer a great view in 2020Developments such as the slashing of the goods and services tax (GST) rates for luxury hotels brought some cheer to the hospitality sector ...
Simpler tender for Taj Mansingh Hotel awaitedAs per the tender conditions at least three bidders were required for the auction to proceed. The hotel is popularly known as Taj Mansingh.
Taj, Oberoi, other Indian hotel chains take to asset-light model for growthIn February, the Taj Group of Hotels unveiled its new five-year strategy with chief executive Puneet Chhatwal stating that 60% of its asset...
Dream Gateway Hotels to take IPO route to expand Kolkata Holiday InnThe company operates the Holiday Inn hotel in Kolkata under a management contract.
Slowdown in hospitality deals due to strict property and bankruptcy lawsExperts believe more distressed hotel assets could be on the block this year after the insolvency and bankruptcy code kicked in, but very f...
After a long lull, hotels wake up to a rosy dawnAccording to the report, while markets such as Mumbai and Goa saw occupancy rates crossing 70%, New Delhi and Pune have crossed 65%.
E-tourist visa facility for 76 countries likely to give boost to tourismThe Modi government introduced the e-tourist visa in November last year. Earlier, India offered visa on arrival to nationals of 12 countrie...
Hospitality industry raises concerns over draft national tourism policy 2015The draft policy calls for putting tourism — currently a state subject — on the concurrent list to enable the Centre to play a significant ...
Hotel developers turn to leasing space in absence of buyersThe nation's hospitality industry has yet to shrug off the effects of the economic slowdown, which has hurt both business and leisure trave...
- Amari India plans to operate 7 properties by FY15
Thailand-based hotel chain, Amari has entered into a joint venture to form Amari India entity, a company statement said here.
- Dawnay Day's hotels on the block
ITC, Royal Orchid, Pride Hotels, Sarovar group, Lemon Tree, DLF and Paraswanath have made a pitch for the deal, which is valued at around R...
- Dawnay Day to invest $300 m in setting up Ten Hotels
Dawnay Day International, a London-headquartered group with gross assets to the tune of $4 billion, is setting up a chain of four-star hote...
- Dawnay Day Hotels scouts for local partners, PE investors
UK-based Dawnay Day Hotels plans to invest 1.2 billion dollars (about Rs 4,800 crore) in India to set up four-star hotels. Business week in...
- UK hotel firm to invest 1.2 bn in India
UK-based Dawnay Day Hotels India (DDHI) on Wednesday said it would invest 1.2 billion dollars for setting up a chain of four-star hotels in...
- Dawnay Day to invest $1.2bn on hotels here
Dawnay Day, $3-bn financial services company plans to make a total investment of $1.2bn to set up a chain of 30 four-star hotels in India.