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Budget hotels: Emaar, Accor to invest $300 mn

Emaar MGF and Accor on Monday announced a joint venture to bring the Formule 1 brand of budget hotels to India. The new venture, Budget Hotels India, has planned investments of $300 million over......

Taj, Oberoi under pressure from foreign hotel chains

Two years ago, Vivanta by Taj, Pune, (formerly Blue Diamond) sold its base inventory at Rs 17,000 per night. The same room is currently being offered at Rs 5,850 per night. Part of the cause for......
  Web results for Accor Sa
European Factors to Watch- Indexes seen edging lower; energy in focus

LONDON, Dec 15 (Reuters) - European equity indexes were seen opening flat to lower on Monday, with oil stocks in the spotlight after a further... ...

http://in.reuters.com/article/2014/12/15/markets-factors-europe-idINL6N0TZ0CC20141215
Starwood may exit Le Meridien assets in Chennai, Coimbatore

Global hospitality chain Starwood Hotels & Resorts India is reportedly looking to sell a majority stake in its Le Meridien properties in Chennai... ...

http://www.deccanherald.com/content/442805/starwood-may-exit-le-meridien.html

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