Mall developers rework rent for retailers

Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers. Top mall developers in India, such as Inorbit, Phoenix, and Brigade, are reworking......

Mall operators' revenues may take 30% hit amid coronavirus spread

The analyst said since servicing of principal and interest on loans will beome challenging for mall operatos in the next couple of months. With malls shut in key cities such as Mumbai, Bengaluru......

Rising costs drive hotel cos into malls

Rising real estate costs and lack of good locations in cities are driving hotel companies to rent space in malls and other commercial complexes. For instance, Accor Hotels is in talks with mall......

Star hotels stirred up as season starts

ITC Hotels- The Grand Central, The Luxury Collection, in Mumbai, has recorded a 15 per cent rise in bookings for September month as compared with last year's booking of 60 per cent for the same......