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Services industry slowed down in May as demand tumbled

Receptionists attend to guests at their counter inside the Crown Plaza hotel, run by the InterContinental Hotels Group (IHG), in New Delhi. Photograph: Anindito Mukherjee/Reuters Activity in......

InterContinental plans 47 new hotels in India by 2017

Global hospitality major InterContinental Hotels Group (IHG) on Wednesday said it plans to open 47 new hotels in India by the end of 2017 thereby taking its room strength to over 12,000 in the......

IHG plans expansion in India

Looking to cash in on severe room shortage in India's hospitality sector, global leader InterContinental Hotels Groupplansexpansion across the country through a shift from franchise model to......

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......

'Shanghai has more hotel rooms than entire India'

Global hotel brands are making a beeline for India and want to be a part of its growth story in the hospitality sector. Intercontinental Hotels Group (IHG), the world's biggest hotel chain......
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UPDATE 1-UK Stocks-Factors to watch on Oct. 20

(Adds futures, company news items) Oct 20 (Reuters) - Britain's FTSE 100 index isexpected to open 30 points higher at 7,553 on Friday, withfutures... ...

http://www.sify.com/finance/update-1-uk-stocks-factors-to-watch-on-oct-20-news-economy-rkumDNggbgcdc.html

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