Hospitality News

» MTDC signs MOU worth Rs 37 crore for eco-tourism projects in Vidarbha region

To build tents, nature trails and machaans for tourists visiting forest areas under Nagpur, Bhandara, Gondia, Amaravati and Chandrapur districts in the region ... Read more

» Hotel companies opting for corporate debt restructuring to reduce debt

Royal Orchid Hotels Ltd, Hotel Leela Venture Ltd, Kamat Hotels India Ltd and Neesa Leisure Ltd opted for corporate debt restructuring (CDR) last year ... Read more

» IHG signs up with Lavasa to open 200 room Holiday Inn by 2015

Lavasa is located close to Maharashtra's Sahayadri mountains, is around three hours away from Mumbai ... Read more

» ICRA sees muted revenue growth for hotel industry

Revises downwards the revenue growth estimates to 5-7 per cent ... Read more

» Hotel Leelaventure posts net loss of Rs 97 crore quarter ended December 31, 2012

The net income during the third quarter of this fiscal, however, went up by 14.94 per cent to Rs 182.83 crore from Rs 159.06 crore in the year-ago period ... Read more

» Captain Nair retires from Chairmanship of Hotel Leela

Elder son Vivek Nair will now be the chairman and managing director, Dinesh Nair, the younger son has been elevated to co-chairman and managing director ... Read more

» HolidayIQ demerges from Wego

HolidayIQ is not looking to become a transaction-based OTA anytime soon ... Read more

» Ovolo Group to launch two new Hong Kong Hotels in 2013

First NYC-style warehouse conversion and another signature hotel property opening on Hong Kong Island’s Southside ... Read more

» ACCOR India hosts lunch for NTOs

The lunch was attended by country heads of 15 National Tourism boards ... Read more

» TripAdvisor revels Most Romantic Hotels in India and the World

Taj Lake Palace (Udaipur), regains its place of pride as the top romantic hotel this year ... Read more

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