Searched for
OVERSEAS HOTEL ASSETS
ITC's business with BAT grows 10% to Rs 1,587 crore in FY26, but dividend payout falls 9%ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividen...
FIFA 2026: Hotel boom fails to kick off as overseas demand hit by migration rules, ticket prices, airfaresIndian-origin hoteliers in the US report subdued international interest for the football World Cup, citing stricter immigration policies, h...
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...
Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
Quant Mutual Fund bets on under-owned, under-researched, undervalued and neglected territory stocks for alpha generationQuant Mutual Fund is strategically focusing on under-owned, under-researched, and neglected market segments for higher alpha generation. Th...
ED attaches Rs 700 cr assets linked to late gangster Iqbal Mirchi, kinThe Enforcement Directorate has seized assets valued at over Rs 700 crore. This action targets properties linked to the late gangster Iqbal...
Sarovar Hotels targets revenues of Rs 2,300 crore this yearSarovar Hotels targets Rs 2,300 crore revenue this year, a 15% increase. The company is ahead of its goals, with February and March perform...
Lemon Tree Hotels plans overseas push amid outbound travel surgeLemon Tree Hotels is set to expand internationally in the next three to five years. This move aligns with the growing trend of Indians trav...
Brookfield-backed Leela Palaces to add 7 properties by 2028 in domestic, global pushThe Leela Palaces, Hotels and Resorts, owned by Brookfield Asset Management, plans to expand its portfolio by 19% with seven new hotels by ...
ITC Hotels eyes overseas expansion post-demergerITC plans to expand its hotel business internationally, starting with neighboring countries and West Asia. The newly demerged ITC Hotels Lt...
Blackstone-Panchshil’s Ventive Hospitality files papers for Rs 2,000-crore IPOVentive Hospitality, a joint venture between Blackstone Group and Panchshil Realty, on Tuesday filed preliminary papers with capital market...
Sahara's Plaza Hotel of New York top-ranked hotel for super-richThe iconic Plaza Hotel of New York has been rated as the top-most hotel by the super rich of the world, as per a new survey.
Indian Hotels CEO Rakesh Sarna expects company to turn profitable in 2 years on top deck rejig, debt cutFor the new CEO of India’s largest hotel company, the key will be to manage the huge debt of Rs 3,286 crore on the balance sheet that can s...
Sahara Hotel fight: Poonawalla competes with Qatari group and Sultan of BruneiThe Grosvenor House, a 494-room luxury hotel that was built in 1929, was the first of Sahara’s international acquisitions.
Tatas to take final call on Orient-Express Hotels: Cyrus P MistryIndian Hotels holds a 6.9 per cent stake in the luxury US hotel chain, which spurned a $1.86 billion acquisition bid by the Tata group comp...
Tata Group's Indian Hotels Company seeks RBI nod to hive off international operationsIHCL plans to bring all its overseas hotel assets under this step-down holding company, and subsequently raise money by selling up to a 49%...
Tata Groups' IHCL seeks RBI’s approval to rejig overseas assets for fund raisingIHCL wants to form a holding company for the overseas business and sell up to 49% stake to raise funds for the debt-ridden company.
- Hotel Leela to soon announce global foray with a deal in Dubai
The Leela Palaces, Hotels and Resorts will soon announce its overseas foray with a deal in Dubai, a top company official said.
- Saudi prince Al Waleed Bin Talal promoted Kingdom Holding Company, Chinese investor vie with LVMH for Aman Resorts
Kingdom Holding Company and a Chinese investor are vying with French luxury group LVMH to own luxury hotel chain Aman Resorts.