The deal excludes the Lodhi hotel in Delhi, which would remain a part of DLF ... Read more

Based on the equity investments and merger ratios, the aggregate value of the two companies is estimated at about Rs 3,000 crore ... Read more

The hotel chain, promoted by Chander K Baljee, had in 2012 sold its Ahmedabad property for Rs 67 crore as part of the debt reduction plan ... Read more

OTM is being organized at Bombay Exhibition Centre, Hall 1, on 7th, 8th & 9th Feb 2014 ... Read more

Roots Corporation Ltd. has entered into an agreement for managing the 102-room hotel owned by Hind Inns and Hotels Ltd ... Read more

According to a report, approximately 52,000 new hotel rooms are expected to come into the system by 2017 ... Read more

The state government is working on a comprehensive development road-map to rejuvenate tourist activities in conventional areas and also develop new areas says Mir ... Read more

The government has also reduced luxury tax on convention centres and auditoriums with a daily rent exceeding Rs 20,000 to 10 per cent from the existing 20 per cent ... Read more

The hotel will add to IHG’s strong pipeline of Holiday Inn brand family hotels, which represent more than 85% of the company’s growth in India ... Read more

Berggruen Hotel’s first palace property and marks their venture into the five star luxury palace segment ... Read more