Bangalore Oct. 9
Marriott International plans to open 12 ‘Fairfield by Marriott’ hotels in India in the next two years. The company has opened its first property in Asia-Pacific region in Bangalore.‘...
Mumbai, Oct 7
Luxury hotel chain The Leela Palaces, Hotels and Resorts and Kempinski Hotels have mutually agreed to bring its 25-year association to a close, effective October 1. This follows a progressive phas...
October 6, 2013
Matrix Partners has acquired a significant minority stake in Stayzilla.com, an online hotel room booking firm, in the first institutional round of equity funding in the company. ...
New Delhi, Oct 3
Inasra Technologies Pvt Ltd, the parent company of Stayzilla.com today, said it has raised an undisclosed amount in the first institutional round of equity funding from Matrix India.
New Delhi, Sep 29
Tata-owned Indian Hotels Company Limited (IHCL) is likely to get an extension of three months to operate Taj Mansingh hotel in posh Lutyens Bungalow Zone here after its lease expires next month.»
Bangalore, Sept. 26
JW Marriott Hotels and Resorts has launched its fourth property in India at Bangalore.
JW Marriott Bengaluru has a total of 297 rooms, 13 suites and a presidential suite....
New Delhi, Sept. 23
The Government’s austerity measures that ban ministries and departments from conducting meetings and conferences at five-star hotels will have mixed impact on the hotel industry.
New Delhi, Sept 19
Hyatt Hotels Corporation will conduct its quarterly board of directors meeting in India this week. The board of directors and its senior leadership team are planning to visit Mumbai ...
Coimbatore, Sept. 17
If the growth of a destination can change the face of an industry, why has the hospitality sector in Coimbatore not made great strides?
“Poor connectivity,” says the General Manager of Th...
Mumbai, Sept 16
Rating agency ICRA today said it expects the Indian hotel industry’s margins to slide to a 5-year low of up to 8 per cent in the second quarter of this fiscal due to decline in revenue per availab...
Recently in Las Vegas
International hospitality major Wyndham Hotel Group, which currently has 689 properties, is keen to expand its 15 distinct brands across the world. Though Asia-Pacific (APAC) represents...
New Delhi Oct 7
Tatas get 6 months more to run the hotel
Bangalore, Oct. 4
Royal Orchid Hotels Ltd is planning to focus on tier-II cities for expansion. “Currently, major metros and tier-I cities are overcrowded with the entry of foreign hotel brands. There is...
Mumbai, Sept 29
Hotel prices in major cities, including Mumbai, Delhi and Chennai, fell in the first half of this year even as destinations like Goa, Kochi and Bangalore saw a hike in rates. Of the 10 m...
Bangalore, Sept. 28
To tap family-run hotels for expansion, change room configuration »
New Delhi, Sept. 25
With peak winter season round the corner, hoteliers are set to increase average room rates. October to February is the key period for both leisure and corporate travel. In the past few m...
Jamshedpur, Sept 19
Facility management company Kannelite Facility Management Services is all set to open hotels in Odisha.
“We have plans to set up one budgetary hotel in each of the industrial townships of...
Chennai, Sept. 18
Outlook negative on uncertain demand, inflation
Mumbai, Sept 16
Rating agency ICRA on Monday said it expects the Indian hotel industry’s margins to slide to a 5-year low of up to 8 per cent in the second quarter of this fiscal due to decline in revenue per ava...
New Delhi, Sept 16
ITC Hotels has tied up with Ravi Pillai-led R P Group Hotels and Resorts to manage its five hotels in India and Dubai. These hotels will be run under the company’s five-star brand WelcomHotel and...