Hospitality News

» Autograph Collection Debuts In Asia Pacific With Opening Of The Stones Hotel Legian in Bali

Marriott International’s Portfolio of Independent Hotels Expected to Include Nearly 40 Properties by Year End ... Read more

» Orient-Express Hotels Rejects IHCL buy-out offer

Says valuation is low; Tata group owned Indian Hotels had bid a 40% share premium price of $12.63 per share or a total consideration of around $1.86 Bn last month ... Read more

» Starwood aim to manage 100 hotels in India by 2015

More and more (Indian hotel) owners are moving away from the domestic brands and are focusing on international brands: Dilip Puri ... Read more

» Luxury Irish hotel on sale for half its price than it was valued in year 2007

Ashford Castle, a five-star hotel on 365 acres (148 hectares) of land on the west coast, is on the market for 25 million euros ... Read more

» Hotel Travel Group acquired by MakeMyTrip for USD 25 Million

Of the total $25 million, $15 million was paid partly in cash and partly in the form of MakeMyTrip shares on November 6;The acquisition will help MMT to build a stronger presence in the South-East Asia region ... Read more

» IHCL aims to generate 40 percent revenues from outside India

Over April-Sep, tourist arrivals in India rose just 3 percent to 2.6 million, compared with near 10 percent growth in the same period a year ago ... Read more

» Chiranjeevi launches new campaign to promote India Tourism - Find What You Seek

While the international campaign is called "Find what you seek", the domestic campaign is titled as "Go Beyond"; Both these campaigns will be a paradigm shift in the strategy to promote Indian destinations abroad and within ... Read more

» Indian Hotels Company Limited to expand its room capacity with the addition of 13 hotels

Over 1,500 guest rooms are to swell its global portfolio of 13,887 rooms in 115 hotels;The additions will be made through a mix of management contracts and new developments ... Read more

» International tourism strong despite uncertain economy

One Billion Tourists;One billion Opportunities - new UNWTO campaign calls on one billion tourists to make their actions count ... Read more

» India needs to focus more on setting up of budget hotels: IITF

Hotel room availability is scarce in the budget category that cater to the ever expanding category of middle class travellers says S.K. Ghosh, chairman of the Industrial India Trade Fair Committee ... Read more

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