Total room strength to be 12,000 from the present 2,334.
Intercontinental Hotels Group (IHG), the world's biggest hotel chain operator, has put an ambitious target of opening 150 hotels over the next nine years.
'All commercial and banking transactions happen in South Mumbai.'
Hospitality chain has 12 hotels in the country.
Raut, the Executive Editor of Sena mouthpiece Saamana, was arrested from his residence at suburban Bhandup after the Centre directed the state government to deal sternly with those involved in the attack, sources said. Around 500 Shiv Sena workers had vandalised the lobby and kitchen of Lalit Group's Intercontinental Hotel to protest against sacking of 21 employees by the management on January 21.
The Delhi-based group has already announced Rs 2,300-crore (Rs 23-billion) investment in setting up a number of luxury and mid-market hotels across business and leisure destinations in India and abroad.
The mood at the Hotel Investment Conference South Asia (HICSA), the annual hospitality industry conference was rather upbeat. But hotel brand operators and owners remain cautiously optimistic of the outlook and are living on a hope that a third wave of the pandemic doesn't become a reality. Having just survived the unprecedented zero revenue situation, the two day confrence organised by consulting firm Hotelivate, was dotted with anecdotes and best practices adopted by the hotels of all hues.
International hoteliers are betting big on budget hotels in Asia.
Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.
There are approximately 300 million domestic travellers each year and this number is expected to grow by 10-15 per cent every year.
Prominent luxury hotel groups like JW Mariott, Royal Orchid, Taj and Intercontinental are using the Indian Premier League (IPL) cricket tournament to offer promotional food and beverage (F&B) packages to lure more customers in a sluggish economy.
Global hospitality major IHG Hotels and Resorts saw its business surpass pre-pandemic levels in 2023 on the back of "unprecedented growth" in the tourism industry, a senior company official said. The UK-headquartered company, which operates Holiday Inn, Holiday Inn Express, Crowne Plaza and luxury brands like Intercontinental and Six Senses in India, launched its premium lifestyle brand voco in January this year, with the first property set up at Jim Corbett in North India. The group, in total, signed 15 new deals in 2023.
Senior analyst B Raman scrutinises the terror attack on Kabul's Intercontinental Hotel and says its another bid of the Taliban and the Haqqani Network to make their presence felt.
Prime Minister Manmohan Singh on Monday thanked US lawmakers for their enormous support to the historic civilian nuclear deal, which was signed between India and the United States last year, thus ending decades of nuclear apartheid against New Delhi.
'The 1971 War was our greatest military victory.' 'It had so many stories of exceptional valour and leadership.'
Indian Hotels Company, the 100-year-old Tata Group hotel chain is attempting to rewrite the rules of the hotel business by launching 'budget hotels'. Take the Rediff Business Quiz and find out how much you know about the hotel industry.
Sandesh Jhingan, upon his arrival at the airport in Doha, said, 'No group in the Asian Cup is easy. Of course, we've got Australia, and they need no introduction. But what we have learned in the last few years is that we must never fear any opposition.'
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
The outbreak of a new strain of coronavirus, first detected in the Chinese city of Wuhan, in Hubei province, has led to massive efforts to quarantine major cities and halt the spread. As of Thursday, the nationwide death toll from China's novel coronavirus epidemic has jumped to 170 with 38 more fatalities while confirming more than 1,700 new infections. Since then, it has been described as a "ghost town" with residents staying home, cars banned from the roads and store shelves emptied of masks, disinfectants and even full body suits. Here are some scenes from Wuhan, the epicentre of the virus outbreak.
Five soldiers were killed and 10 wounded, officials said. Two of the attackers blew themselves up, two were killed in fighting and one was captured.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
The 112-year old hotel chain has readied a three-pronged turnaround plan
Services sector slowed down in May on weak economic factors.
Trump suggested a stronger military response is imminent.
Looking to cash in on severe room shortage in India's hospitality sector, global leader InterContinental Hotels Group plans expansion across the country through a shift from franchise model to management contracts in its India operations.
Enjoy the beauty of the city from the top of the world. Here is a round-up of the best four Sky Bars that you should head to, whenever the next special occasion comes by.
Given the hotel's prime location, it is obvious that there will be some serious bidders trying their luck when an auction is held in the second half of this calendar year.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
The retreating Pakistani troops were heading towards Dacca and they had to be stopped at all costs. The Eastern Army Commander, in his orders to General Sagat Singh, had reiterated that he did not want the troops of 4 Corps to cross the Meghna river. But General Sagat had other plans to threaten Dacca and ensure that the pressure would make the Pakistani commanders capitulate. This is where the IAF helicopters came in.
'India has been placed at a level, which would ensure that red tape is cut away. That's the biggest assurance that one can get -- the biggest takeaway.'
Defence major Boeing on Monday proposed greater business engagement with India, as Prime Minister Narendra Modi promised the US companies to provide friendlier business environment in the country.
The CEOs round table is expected to be attended by Apple chief Tim Cook, Walmart head Doug McMillon, Caterpillar's Jim Umpleby, Google head Sundar Pichai and Microsoft's Satya Nadella.
Ahead of the G-20 summit in Osaka this week, Xi has reasserted China's role as a global player, points out Dr Rajaram Panda.
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