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HOTEL REFURBISHMENT
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to sourceIran war: Dubai's vibrant restaurant scene is feeling the pinch. Chefs are struggling to get key ingredients like avocados and tomatillos. ...
Chalet Hotels to acquire 144-room Udaipur resort for Rs 171 croreChalet Hotels Limited is set to acquire Seasons Hotels Private Limited, the owner of Inder Residency Resort & Spa Udaipur. The deal is valu...
UAE hotels find peace in war, go for renovations and upgradesPremium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...
Dubai’s Burj Al Arab to close for 18-months due to restoration workDubai's iconic Burj Al Arab will undergo an 18-month restoration, focusing on interior refurbishment while preserving its original design. ...
Pride Hotels targets IPO by March 2026 to fund renovationsHospitality chain Pride Hotels is targeting to launch initial public offering (IPO) by March 2026 to fund renovations of existing propertie...
Sincere Developers to invest over Rs 1500 crore in luxury hospitalitySincere Developers plans to invest over Rs 1500 crore in the luxury hospitality sector, including new hotels in Agra, Udaipur, Goa, and Ris...
Hotels can be safe sanctuaries for migratory MLAs with an advantage of easy access to transport hubsHotels cannot afford to ignore this new segment of business travellers.
Taj’s Gateway Hotel in Colombo undergoes $10 million renovationThe Gateway Hotel Airport Garden Colombo, has added 100 additional rooms post a $10 million (Rs 62 crore) renovation.
Fleur Hotels acquires Clarion Hotel for Rs 64 croreFleur Hotels today said it has acquired 130-room Clarion Hotel in Bengaluru from Asian Hotels (West) Ltd for Rs 64 crore in an all cash dea...
Taj Mansingh's fate to be decided by NDMC, Tatas likely to get favourable settlementThe NDMC council will meet on Thursday to decide the fate of Taj Mansingh, and the scale is tilting towards a favourable settlement for the...
- Bird Group acquires Royal Park Hotel
Delhi-based aviation and hospitality entity Bird Group has acquired the landmark Royal Park Hotel next to the famous Hyde Park in Central L...
- ITDC plans to complete renovation progs by year-end
The Indian Tourism Development Corporation Ltd (ITDC) is planning to complete the ongoing renovation and development projects at all its pr...
- Indian Hotels in talks to acquire Sea Rock
Indian Hotels Company (IHCL), owners of the Taj group of hotels, is in negotiations to acquire Mumbai’s Sea Rock hotel in a deal estimated ...
- London's Savoy hotel closes for refurbishment
One of London's top hotels, famed for its cocktails, cucumber sandwiches and Art Deco design, is closing for a multi-million pound refurbis...
- Royal Orchid subsidiary acquires hotel for Rs 82 cr
Icon Hospitality, a subsidiary of Bangalore-headquartered Royal Orchid Hotels, today said it has acquired Hotel Royal Orchid Central for a ...
- Hospitality chains going the wi-fi way
Global competition & manpower shortage forces hotels across India to spend huge money on hi-tech gadgets.
- Sahara One Media mulls over fund-raising
Sahara One Media and Entertainment Ltd, the company that runs the Hindi entertainment channel 'Sahara One', is considering a fund-raise thr...
- Ramada to sign deal with Royal Orchid
Ramada Hotels, a unit of the $3.35-billion US-based Wyndham Group, is entering into an exclusive territorial agreement with Royal Orchids t...
- ITDC looks to expand presence in Delhi
ITDC is now looking to expand presence again with an additional wing proposed at Hotel Ashoka and a new property adjacent to the disinveste...