Most of the hotels in the country, including the Indian ones that traditionally owned assets, have embarked upon an asset light model for a faster growth and quicker returns. Lemon Tree is likely to announce a deal with Keys Hotels in the next two weeks.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
Security concerns prevent the largest hotel project in the country to take off.
Ditch the usual Holi recipes and opt for something tasty yet healthy like stuffed mushrooms and quinoa pancakes.
Hospitality chains are hosting dual brands on one property, looking for operational efficiencies without diluting their brands, says Shivani Shinde Nadhe.
Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall.
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