After dismal years in 2008-09, the country’s hotel industry could be in for happier times, going by the optimism displayed by the country’s largest hotel company, The Indian Hotels Company Ltd.
Hotel industry adds cheer amid Games gloom
Some of the basic infrastructure projects being readied for the 2010 Commonwealth Games might be floundering, but there is one industry that is looking up.
‘Oberoi’s hotel best in world’
The Oberoi Vanyavilas, Ranthambore, has been ranked the best hotel in the world.
Hotel prices to go up by 25 percent: Hotel Association of India
Hotel and restaurant rates will be increased by around 25 percent. This was decided after a Hotel Associations of India meeting in Agra.
Courtyard by Marriott announces three senior appointments
Courtyard by Marriott, Pune City Centre has announced the following three new senior level appointments: Harinder Jeet Singh, General Manager Zuni Kashmiri Citnis, Director of Sales Sunil D’Souza, Director of Human Resources
Swiss Chain, Xander Group To Launch Two Hotels In India
Swissotel to set up two hotels in Gurgaon and Bangalore along with investee companies of the PE firm.
Vascon ‘shells out’ a hotel strategy
Vascon Engineers, a recently listed construction firm, has embarked on a unique strategy for the hospitality sector which allows it to focus on its core business of construction while at the same time lets it earn a huge premium.
Indian, global hotels face off in scramble for room
Indian hotel chains, all set for an expansion drive, are likely to face stiff competition from well-known global chains that are aggressively making inroads into the widening domestic market.
Hyatt to debut its ‘Andaz’ hotel brand in India
Global hospitality major Hyatt has announced plans to set up three new properties, including one in India, under its ‘Andaz’ brand of hotels as it seeks to expand presence in key markets.
Mahindra Homestays to increase capacity of lodging units
Mahindra Homestays, the hospitality arm of Mahindra Holidays and Resorts India Limited (MHRIL) intends to augment the capacity of lodging units marketed under its banner.