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Hvs International

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20-25% of Hotels may Close Down Forever

'On an average we have been getting four to five such proposals a month, but we aren't pursuing them as they don't tick the boxes.' Kindly note the image has only been published for......

Foreign hotel chains push Indian majors on back foot

Marriott-Starwood, Carlson Rezidor and others are winning the tug-of-war for customers with local hotel chains as they add new properties at a breakneck speed. Marriott’s acquisition of......

Aerocity hotels waiting to take off as red tape proves a hurdle

About Rs 12,000 crore (Rs 120 billion) are stuck in India’s first hotel district, Delhi’s Aerocity, because of red tape.  Originally planned for the 2010 Commonwealth Games, hotels......

Mega business district for Mumbai, courtesy MIAL

Mumbai is getting ready for yet another business district in an area that would be bigger than Bandra-Kurla Complex, which is home to a host of marquee names in business.  Known as the GVK......

Hit by permit hassles, hotel majors stall projects

Many leading hospitality companies looking at expansion are either deferring launches or stalling projects on the back of various challenges including fund crunch and roadblocks in getting......

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