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Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%While it is always good to think long-term, there are times when you should understand why the indices are moving up or down in the short t...
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...
Indian Hotels, EIH, ITC join race for JW Marriott BengaluruAs many as 40 companies, mostly from the hospitality and real estate sectors, have submitted expressions of interest in a sale process over...
Bankrupt hotel assets big draw with investorsSome such prominent properties under the hammer, such as the Westin Kolkata Rajarhat, have drawn interest from several bidders.
Bengal Durga Puja economy this year crosses Rs 45,000-cr mark: StakeholdersRetailers and hoteliers experienced "30-40 per cent higher sales" in value terms during this puja period as compared to that of 2019, excee...
Indian Hotels, Oberoi among companies keen to buy Westin KolkataThe other applicants include Prestige Estates, Sayaji Hotels, Jindal Power, Kotak Special Situations Fund, CVI Emcof Master Fund, Asset Rec...
Most hotel rooms full for New Year EveChances are your favourite five-star hotel might be sold out. As the year draws to a close, bookings for New Year’s Eve staycation packages...
Shristi Hotel outlines its growth strategyThis apart, the firm, which is privately held by the Kanoria family — promoters of Srei Equipment Finance Ltd — is looking to build two pro...
Hotels smell big bucks in mid-segment businessDuring 2016-17, however, there has been a 10 per cent-15 per cent increase in average room rentals. A 5 per cent-10 per cent increase is ex...
Kolkata luxury hotels fight over supply; room tariff to drop significantlyThe reduction of prices in the hotels will open up options for more number of people for using these branded facilities for more uses other...
West Bengal sees an upward swing in the hospitality sectorThe state government has signed up Ogilvy & Mather, which created the Gujarat Tourism Campaign, to promote Bengal.
Starwood Hotels to open five more properties in India in 2016Starwood Hotels & Resorts Worldwide today said it is planning to open five new properties in India in 2016 as part of its aggressive expans...
More retail space to do up Kolkata skylineClose to 10 lakh sq ft of retail space is being added to the city's existing inventory to accommodate more brands in its list of firsts
Starwood to open 5 Westin, 3 Le Meridien properties by 2015Starwood Hotels and Resorts plans to open eight new properties under its brands - Westin and Le Meridien - by end of 2015 in India.
Starwood Hotels plans to have 100 hotels in India by 2016Starwood Hotels and Resorts plans to have 100 hotels, including 11 in Westin brand, in the country by 2016, a top company official said.
- Shristi plans Rs 750 cr luxury housing complex in Kolkata
Shristi Infrastructure Development Corporation is planning to invest Rs 750 crore for developing an integrated luxury housing complex in Ko...
- Shristi Infra ties up with Westin Hotels & Resorts
Shristi Infrastructure Development Corporation Ltd (SIDCL) has tied up with global hospitality major, Westin Hotels & Resorts, for its Rs 8...
- Starwood & ITC to stay together
Starwood Hotels & Resorts - owners of popular brands such as Sheraton, Le Meridian, and Westin - and its Indian partner ITC Hotels are set ...
- Rlys plans spas on all upcoming luxury trains
What’s common between Indian and international hospitality players, real estate developers and Indian Railways? It’s a spa.
- ITC seeks top-end brands from Starwood Hotels
After 30 years, the Sheraton tag is likely to move out of ITC’s hospitality portfolio. The tobacco-cum-hospitality major is currently in ta...