InterContinental Hotels cuts 10% of corporate staff as revenue and profit slideThe job cuts, announced internally in July, follows similar moves by major hotel operators.
SAMHI to rebrand Premier Inn as Fairfield by MarriottSAMHI Hotels’ website states that the company has an asset base of 25 hotels and 3,900 rooms across 12 cities, and plans to expand to other...
Samhi Hotels to acquire British chain Premier Inn’s businessThe proposed buyout of five Premier Inn budget properties, totalling 583 rooms, will make Samhi Hotels the largest independent owner of lod...
Global hotel chains like Kempinski and Premier Inn struggling with their projections of managed propertiesPremier Inn is going through a phased exit with its hotels and 200 employees while Singapore-headquartered Banyan Tree Holdings that has on...
Whitebread's withdrawal from Premier Inn will not impact Costa Coffee"The withdrawal does not in any way impact Costa Coffee’s India business. Our association with Costa Coffee remain unchanged,” Ravi Jaipuri...
Premier Inn eyes four properties in India by 2016-17"We currently have three properties with 347 rooms in India and going forward we have four additional properties in pipeline by 2016-17, wi...
Hotels offer range of packages to increase occupancy during lean seasonPremier Inn’s stamp card system lets customers avail of discounts till mid-December on every Rs 1,000 they spend, including on food and bev...
- UK's Premier Inn to invest Rs 175-crore to set up 3 more hotels
Premier Inn, that already has two hotels operational in India, is planning to add three more by March 2014, at an investment of about Rs 17...
- UK's Whitbread to invest Rs 535 cr on hotels in India by 2020
Whitbread on Tuesday said it will invest 75 million pounds (over Rs 535 crore) in India by 2020 to fund its hotels business in the country.
- Global hotel chains rejig business model for India
Most international hotel chains such as Marriott, Starwood, Carlson and Accor are all customising their mid-market and economy brands for I...
- UK's Premier Inn plans to hire 400 people in India
Currently, the company has about 70 employees in the country and is looking to increase the head count to 470 by 2013.
- International brands bet high on Indian budget hotel segment
Even as the domestic hospitality sector is back on recovery, global players such as Golden Tulip and Premier Inn are betting big on the bud...
- Global brands bet high on Indian budget hotel segment
Global players such as Golden Tulip and Premier Inn are betting big on the budget hotel segment, that boomed during the economic downturn.
- Premier Inn buys out JV stake of Emaar MGF
UK's budget lodging chain bought out its Indian joint venture partner Emaar MGF, after 3 yrs went without any progress in building its popu...
We won’t expand too fast: ParkerThe most recent claim to fame of UK-based Whitbread Plc, which owns Costa Coffee, Premier Inn, Beefeater and Taybarns, is that it has shrug...
- Foreign hotels jack up star value in India
Thanks to India's peculiar biz model, foreign hotels just can't survive here without restaurants, banqueting facilities. Ten floating hotel...
- UK's Premier Inn to set up 80 hotels in India
United Kingdom's hotel chain Premier Inn is planning to open about 80 hotels in the country in the next 10 years.