The company has agreed to sell its non-core assets and realise about Rs 620 crore; To pursue an asset-light strategy for growth, by selling one of its existing hotels ... Read more

The situation is worsened by India’s airline crisis, which has resulted in a hike in air fares, and a glut of hotel rooms in India’s major cities, causing a fall in occupancy ... Read more

Oberoi will follow in the footsteps of global hotel giants such as Four Seasons and Ritz Carlton that have launched branded residences worldwide and have similar plans for India ... Read more

The Chedi Club Suzhou (China) and The Chedi Andermatt (Switzerland) to open  in 2013; The Chedi Tamouda Bay (Morocco), The Chedi Taiping Lake (China) and The Chedi Khorfakkan in Sharjah in 2015 ... Read more

Top 6 cities to see 50,000 hotel rooms to be added over next five years as per a Cushman & Wakefield ... Read more

Directs the tourism department to focus on creating budget or affordable hotels & adopt aggressive marketing and publicity of the tourist sites in the state ... Read more

These hotels will entail an investment of around Rs 75 lakh to Rs 1 crore per room and each property will have anywhere between 100 and 150 rooms ... Read more

62nd edition of \\\'India International Travel Mart\\\' being organised from 21 – 23 September at Bombay Exhibition Centre, Goregaon ... Read more

Chinese investment in tourism infrastructure in India could be one of the major areas of cooperation ... Read more

Thsi year\'s theme is Tourism & Sustainable Energy, coinciding with the United Nations International Year of Sustainable Energy for All ... Read more