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HOTEL DEALS 2019
Lionel Messi Net Worth: How the Argentina legend amassed his fortune as he reaches 200 international appearancesLionel Messi achieved his 200th international appearance for Argentina, joining Cristiano Ronaldo and Bader Al-Mutawa as one of football's ...- NFL's richest owner building new $4billion stadium as Nashville gets date to host its first-ever Super BowlDenver is eyeing a Super Bowl bid following Nashville's successful hosting, fueled by a new $4 billion retractable-roof stadium project fun...
- Greenland's independence champion despised Denmark. Trump changed his mindAs Greenland grapples with its quest for independence, a wave of rethinking has emerged. The persistent calls from US President Donald Trum...
- US journalist accused of secretly working with China-linked contacts, allegedly prepared political reports intended for Xi JinpingA US journalist, Thomas Pauken II, faces charges for allegedly acting as an unregistered agent for China. Federal authorities claim he prep...
- US-born teen Buddhist lama balances monastic life and pop culture in Himalayan foothillsA young American teen, Jalue Dorje, embraces his destiny as a reincarnated lama. He navigates a dual life, blending his love for video game...
- Indian hospitality sector sees transactions worth $340 mn in 2024India's hospitality sector witnessed $340 million in transactions in 2024, a slight increase from 2023's $337 million, primarily involving ...
- We see ourselves opening hundreds and hundreds of hotels over time in India: Elie Maalouf, CEO, IHG Hotels & ResortsIHG Hotels & Resorts announces plans to double its presence in India to 100 hotels within five years. Strong signing performance in 2023 le...
- Boardroom Leela: Why are ITC and Hotel Leela at loggerheads?The battle between the two has been raging for the last five years and, of course, Hotel Leelaventure Limited (HLV) has contested claims ma...
- NCLT allows RP to resume V Hotels insolvency processThe Mumbai bench of the National Company Law Tribunal (NCLT) has also permitted the resolution professional to recalculate the fair value a...
- New deals, investments return to hospitality industry following two year lullLudhiana-based Jujhar Group has acquired around 12.5 acres of land in its home city for construction of two hotels at prime locations, and ...
- Marriott International's Asia Pacific president bullish about India recoveryOf the 22 new hotels that Marriott signed over the past 18 months in South Asia, 15 will be in India. Marriott International currently has ...
- Business hotels' woes continue in absence of corporate travelAs a result, hotel chains are offering work from hotel packages, steep deals, dining and spa discounts and late check-outs. The difference ...
- Prestige group agrees to sell certain office, retail assets & 2 hotels to Blackstone for Rs 12K croreAccording to sources, the total office, retail and hotel assets to be monetised through this deal could be 15-20 million sq ft both complet...
- Bengaluru hotel sector performance declined 59% in RevPAR in YTD July 2020 (Y-o-Y): JLL“Over the last few years, Bengaluru has evolved into a fundamentally strong hotels market on back of office demand led by IT and Fintech co...
- IHCL inks pact to acquire balance 14.28% stake in ELELThe deal will make the company hundred per cent leasehold owner of the Sea Rock hotel site in Mumbai by the end of December, 2021.
- Hospitality M&A deals to exceed $ 800 million in 2020: HVSIn its new report titled HVS India Hospitality Industry Overview 2019, the company states the hospitality sector witnessed an over 31% grow...
- RJ Corp sells 1.1 crore shares of Lemon Tree HotelsThe shares were offloaded at an average price of Rs 60.01 apeice, which took the total deal value to Rs 66.01 crore.
- Leelaventure business acquired by Brookfield, company informs BSEAround 89 per cent of Leela's shareholders had voted in favour of the deal.
- Leelaventure gets shareholders' nod to sell hotels; to abide by Sebi directiveThe hotels for which shareholders have given approval are in Delhi, Bengaluru, Chennai and Udaipur.
- Indian hospitality sector may see many more deals in 2019: StudyHotel transaction volumes could cross $800 mn in 2019, the highest for the Indian hospitality industry.
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