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HOTEL MANAGEMENT AGREEMENTS
Black Rock Hotels plans to scale up to 4,500 keysBlack Rock Hotels & Resorts, founded by Anshul Bhargava, aims to expand its portfolio to 4,500 hotel rooms by 2031. The company operates se...
Chalet Hotels in advanced talks to buy Six Senses Vana for Rs 600 croreChalet Hotels is on the verge of acquiring Six Senses Vana in Dehradun, a luxurious wellness retreat owned by Veer Singh, son of Analjit Si...
Juniper Hotels shares rise 2% on proposed Rs 248 crore acquisition of Novotel ImagicaaJuniper Hotels shares rose on Thursday after the company proposed acquiring the operating Novotel Imagicaa hotel in Maharashtra for Rs 248 ...
Stocks in news: Infosys, Mazagon Dock, Fortis Healthcare, JSW Energy and Kalpataru ProjectsOn September 16, Indian markets experienced a careful resurgence, with the Nifty and Sensex both moving upwards. This rebound was fueled by...
Juniper Hotels plans Rs 248 crore acquisition of 287-key Novotel ImagicaaJuniper Hotels plans to acquire Novotel Imagicaa for Rs 248 crore. This acquisition advances the company's long-term portfolio building obj...
Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
'Is it okay?' PM Modi pauses BRICS speech after Xi Jinping appears uncomfortable; Chinese President later skips gala dinnerPrime Minister Narendra Modi briefly paused his BRICS Summit remarks after Chinese President Xi Jinping appeared uncomfortable. The two lea...
Stocks in news: Tata Motors, RVNL, Eicher Motors, Mazagon Dock and LupinIndian equity markets experienced volatility, with the Nifty 50 extending its losing streak for four weeks. Escalating US-Iran hostilities ...
Hotel contracts getting more ‘even’ as owners negotiate harder on performance benchmarksHotel contracts in India are evolving as chains expand their local portfolios significantly. Owners now negotiate more explicitly on perfor...
7.8% slam dunk! 'Dead' economy proved to be quite alive and kickingIndia’s GDP grew 7.8% in Q1 FY27, beating RBI’s 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions an...
Storm in a wine glass: As climate change and young consumers reshape the wine world, can India take advantage?Global wine regions face climate challenges and declining demand. India's wine tourism is experiencing significant growth and expansion. Yo...
Delhi family stays at Oberoi Udaivilas Hotel for 10 days, allegedly leaves without paying nearly Rs 6 lakh billA luxury stay turns sour at the Oberoi Udaivilas Hotel as the management reports a Delhi family to the police for not settling a massive bi...
Elan Group signs agreement with Marriott to bring JW Marriott hotel, residences to GurugramElan Group and Marriott International will introduce a JW Marriott Hotel and Residences. Construction and development will be handled by El...
ITC Hotels evaluates Dubai, other overseas markets for luxury hotel expansionITC Hotels is evaluating multiple management contract opportunities in Dubai and other “proximal” international markets as it looks to expa...
He left America, moved into a $100 billion ghost city near Singapore and tried to build a new society. Malaysia ghosted himBalaji Srinivasan left the US and took his experiment to build a new kind of society to Malaysia’s $100 billion ghost city, Forest City. Hi...
Cauvery water war: Karnataka bandh brings a long-running feud to the fore againIn Karnataka, protests arose after the authorities ordered the state to release Tamil Nadu's share of Cauvery water. Karnataka has cited it...
IHCL's Ginger targets Rs 3,000 crore enterprise revenue by 2030Ginger is set to exceed ₹1,000 crore in enterprise revenue in FY27 from ₹814 crore the year ago. As of July 31, Ginger had a portfolio of 2...
Ixigo posts record Q1 profit, but stock tumbles 9%. Here's what worried Dalal StreetIxigo shares fell nearly 9% despite the online travel company reporting its highest-ever quarterly profit in Q1FY27. The stock came under p...
Quant MF ups IT exposure as sector enters ‘neglected territory’; sees crude correctionQuant Mutual Fund has raised its exposure to IT services over the past two months, viewing the sector as increasingly “neglected” and offer...
Leela reports operating revenue of Rs 353 cr for Q1, PAT at Rs 48.8 crLeela Palaces Hotels & Resorts saw operating revenue rise 28% year-on-year. Net profit increased more than fivefold to Rs 48.8 crore during...