Hospitality News

» International Convention Centre to come up in Nashik

It is likely to be set up near Gangapur dam and would accomodate over 1,000 people; An amusement park, housing adventure and water sports, next to the convention centre is also in the pipeline ... Read more

» Hotel Leelaventure to raise Rs. 1,000 crore, plans to enter tier 2 cities

Q1 loss widens four-fold to Rs 102 crore, while the net sales of the company, however, rose to Rs 138 crore for the June quarter; PIL filed against its Mumbai Airport property lease agreement extension ... Read more

» Hotels in India positive about business outlook

Hoteliers in Asia Pacific, North America and Latin America were twice as likely to report being profitable in the last six months than hoteliers in the EMEA (Europe Middle East and Africa) region ... Read more

» ITC increases its stake in Hotel Leelaventure Ltd to 13.98 per cent

ITC has also been buying into EIH that runs the Oberoi chain of hotels, since 2000 and has a 14.98 per cent stake ... Read more

» Indian food ranks amongst the Top 10 Cuisines in the world

Within India, travellers voted for the capital city of New Delhi (33 percent) as having the best local food, followed by Mumbai (20 percent) at second place and Kolkata at a close 18 percent ... Read more

» Daiwik Hotels launches 'In the Footsteps of Lord Rama' tour package in Rameswaram

The journey rediscovers the 13 sacred locations visited by Lord Rama just before the conquest of Lanka as depicted in the verses of Valmiki’s Ramayana which scholars believe took place 7000 years ago ... Read more

» FnB business increasingly adding to the revenues of starred hotels

The Hilton hotel in Delhi's predominantly residential area of Janakpuri earns a whopping 57% of its revenues from F&B and banqueting ... Read more

» Sahara Group buys a controlling stake in New York's Plaza Hotel

The 105-year-old Plaza Hotel, overlooking New York's Central Park, is jointly owned by Elad Properties, an Israeli-owned real estate company, and Saudi-based Kingdom Holdings Co ... Read more

» Starwood opens first dual-branded ski resort complex in Changbaishan, China

The resort complex offers offers 297 guest rooms and suites & more than 37,000 square feet of state-of-the-art function and meeting space, 13,362 square-foot ballroom & nine smaller meeting rooms ... Read more

» MTDC initiates Bed & Breakfast scheme in Nashik

Plans to promote Wellness tourism in the holy city ; Begins preparation for Kumbh Mela which will be held in 2015 ... Read more

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