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Berggruen plans 38 hotels in India

Berggruen Hotels, promoted by US investment firm Berggruen Holdings, on Tuesday said it will invest Rs 1,100 crore (Rs 11 billion) over the next five years to build 38 'Keys' brand budget hotels......

Berggruen plans 38 budget hotels in India

New York-based Berggruen Holdings' Indian hospitality venture Berggruen Hotels on Monday announced plans to set up 38 budget hotels over the next five years at an investment of $100 million. "We......

Berggruen to invest $100 mn in hotel chain

Berggruen Holdings India, a subsidiary of New York-based investment company Berggruen Holdings, has announced that it is seed-funding a non-luxury hotel chain in India.The company is prepared to......

New hotels open ahead of festive cheer

Since the start of October at least four new hotel properties have opened in leisure and business tourist destinations like Tamil Nadu and Goa adding more than 400 branded rooms with another 260......

New players seek to ginger up budget hotel market

Ginger Hotels, the budget hotel brand of the Tata group, has had a solo run since its launch in 2004 -- unchallenged by any international or domestic organised sector player.Having started with an......
  Web results for Berggruen Hotels
Hotel chains warm up to franchise model

MUMBAI: Two months ago, the management of the Tata Group's budget hotel brand Ginger set up a special six-member task force. It's been entrusted... ...
Ezetap launches point of sale solution for merchants

Bangalore-based mobile payments service provider Ezetap has launched a banking and payments platform for small merchants. According to the company,... ...
Infra status fails to enthuse 5-star hotels

One year since infrastructure status was selectively given for the hospitality sector, the response has not been very positive from the industry.... ...
ring in the old, ring out the new

Going brownfield is the norm in the hospitality industry today. Burdened with huge debts, companies are giving new projects a wide berth.... ...
Berggruen Hotels kicks off aggressive expansion plan

Chennai After lying low during the past four years of slump in the industry, Berggruen Hotels is now confident to kick off an aggressive phase of... ...

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