Hospitality News

» Tourism in Himachal faces decline due to rising popularity of Kashmir

20% fall in last 3 months as Bitter experience of Tourists includes overcharging, misbehave by hotel staff, taxi driver and travel agents; Christmas and New Year bookings shifting to Kashmir ... Read more

» MakeMyTrip to shift its focus from air ticketing to hotel and package tour

Seeks to ramp up revenue share of package tours to 50% from 30% currently as it sees tougher times in revenue from airline bookings ... Read more

» IHCL may raise offer for Orient-Express

Prepared to increase its offer from USD 1.86 billion to take full control of US-based hospitality chain Orient Express Hotels if it gets to go through the books of the company and found "more value" ... Read more

» Royal Palms to sell four hotels to raise Rs 2,500 crore

Hotel Imperial Palace, Palms Hotel Tower & Convention Centre, Palms Villas Hotel, besides another hotel under construction, with over 400 rooms to be sold; Group plans diversification into the agriculture sector ... Read more

» Ritz-Carlton Hotels launches promotional scheme at its Asia Hotels

Offers a complimentary limousine service for short trips or transfers within the environs of the city exclusively for the use of guests selecting to stay at Club level or a suite ... Read more

» Chennai 5 star hotel tariffs sees a slide as new hotels open

Three new five-star hotels have brought an additional 1,300 rooms to the city's existing 2,000-room inventory leading the tariffs to fall by about 15% in four months ... Read more

» IHCL to adopt asset-light strategy

Under a new model, all hotel projects of the company will be executed by Tata Realty & Infrastructure Ltd (TRIL), while Indian Hotels Company Ltd (IHCL) will just manage them ... Read more

» Cyrus Mistry appointed chairman-designate of IHCL

He will take over as the chairman of the hotel chain from Ratan Tata on his retirement next month, Indian Hotels Company Ltd (IHCL) ... Read more

» Lalit Suri Group to reopen Great Eastern Hotel Kolkata in 2013

The 171-year-old hotel is in an advanced stage of restoration & has been rechristened Lalit Great Eastern Kolkata ... Read more

» Holiday Inn Express debuts in India with its first hotel in Ahmedabad

Duet India Hotels and IHG to open 18 more properties by 2016 through a joint venture partnership ... Read more

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