Searched for
MIDSCALE HOTEL CHAIN
DS Group to launch Marriott International’s W Hotels brand in Delhi NCRDS Group is launching a 200-room W Hotels property in Delhi NCR in 2027, investing Rs 400 crore. This expansion increases their hospitality...- Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...
- India among Marriott's fastest-growing markets; footprint to double in 5 yearsMarriott International sees India as a key growth market. The company plans to double its hotel presence in India within five years. This e...
- 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...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%In the initial phase of recovery, because every stock was beaten down, we may see a rally with good market breadth. But, over time, stocks ...
- Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPOAs many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's a...
- Hilton announces strategic agreement with Royal Orchid Hotels for 125 New Hampton by Hilton HotelsRoyal Orchid Hotels and Hilton are embarking on a partnership, planning the launch of 125 Hampton by Hilton hotels across India. Targeting ...
- Brigade Hotel Ventures files DRHP for Rs 900 crore IPOThe company entered the hospitality sector in 2004 with the launch of its first property, Grand Mercure Bangalore, which commenced operatio...
- Brigade Hotel Ventures files DRHP for Rs 900 crore IPOBrigade Hotel Ventures has filed a DRHP to raise Rs 900 crore via IPO, targeting debt repayment, acquisitions, and expansion of its hotel p...
- Asset-heavy model a challenge for Samhi Hotels in an intensely competitive marketSamhi Hotels plans to raise Rs 1,200 crore through fresh equity to repay debt and for general corporate purposes. It will also raise upto R...
- Why midscale hotel chains are snapping up standalone propertiesTravellers often prefer midscale hotels as they offer a balance between affordability and quality, says Chander Baljee, CMD, Royal Orchid H...
- Lemon Tree Hotels signs first hotel in Dubai with Al Waleed Real EstateThe hotel is in proximity to famous destinations like Burj Al Arab, Kite beach and the Mall of Emirates, and equidistant from Business Bay ...
- Lemon Tree Hotels makes decent debut, lists at 10% premium over issue priceThe company opened its first hotel with 49 rooms in May 2004.
- Lemon Tree Hotels IPO subscribed 44% on Day 2nvestors bade for 3,87,94,145 shares as against the total issue size of 12,98,35,580.
- AccorHotels to run Blue Rock’s Dwarka property under Mercure brand“Every hotel chain is looking for an entry into the religious destinations and industrial hubs which lack good quality hotel rooms,” said R...
- InterContinental Hotels to open 47 properties in India by 2020InterContinental Hotels Group will open 47 new properties in India by 2020, mainly in the mid-scale segment, as part of its expansion plans.
- Carlson Rezidor to add 7 'Park Inn by Radisson' by 2017-endCarlson Rezidor Hotel Group plans to open seven hotels under its mid-scale brand 'Park Inn by Radisson' by the end of 2017.
- Apeejay Surrendra Park Hotels launches ‘Zone by The Park’ in JaipurThe 47-key property offers varied food and beverage options along with a gym, business centre and banquet hall for weddings and conferences
- Carlson Rezidor plans over 50 Park Inn hotels in India by 2024The hospitality major is also looking at introducing its luxury brand Quorvus Collection and upscale brand Radisson Red in India.
- Luxury hotels shift focus to mid-market brandsWhile a luxury hotel costs at least Rs 1 crore per room, a mid-market brand can be constructed for around Rs 30-35 lakh per room.
Load More
