The total amount due for redemption of the bonds is $60.99 million out of which $41.6 million is towards principal and $19.39 million is towards redemption premium ... Read more

Earlier, the bookings would happen on an average two to three weeks in advance whereas this season, it has come down to 10 days: Hoteliers ... Read more

Encouraged by the prospect of the so-called BRICS nations: Brazil, Russia, India, China and South Africa ... Read more

The hotel inventory compound annual growth (CAGR) went up by 1.6 per cent over the 12-year period, according to STR Global's Census database ... Read more

The motels will have four-pronged facilities with lavatory, rest rooms, bus shelter and restaurant to benefit people in the mid-way ... Read more

Representing an increase of 48.05% over previous financial year ... Read more

India needs 180,133 additional rooms by 2021 to meet demand ... Read more

Global Hospitality Giant Lengthens its Lead in China Opening 23 Hotels in 2012 ... Read more

The deal is part of a restructuring plan wherein the group will focus more on management contracts than ownership ... Read more

With the licence valid only for a year, currently many of the licencees sublet the shacks, despite this being prohibited by the shack policy ... Read more