In a bid to expand its presence in the US market, Indian Hotels Co, operator of Taj hotels, resorts and palaces on Tuesday said it will acquire US-based Hotel Campton Place for around Rs 264 crore ($ 60 million).
In a post on X, Shinde said Tata was a unique blend of morality and entrepreneurship.
In this interesting case filed by the petitioner against the Taj Hotels, the National Commission gave an equally interesting judgment.
Taj Hotels Resorts and Palaces, Asia's largest hospitality chain, is looking to set up luxury properties in Africa, West Asia, China and Southeast Asia.
Taj Hotels Resorts and Palaces, decided the welcoming staff at the group's Luxury Hotels would be draped in the rich colours and designs of the Banarasi saris. Taj had adopted three villages in Varanasi and employed 25 master weavers there for the project. It will be subsequently replicated at all 10 Luxury Hotels of the group across the country for duty managers and front office staff. For the Taj sari, a weaver is paid Rs 1800 directly, without a middleman.
The lease extension for the property expires in October.
Days after the standoff between terrorists and NSG commandos at the Taj Palace hotel came to an end, Hemalatha Kasi Pilai, a Malaysian, is still missing.
The Booker prize winner and Hollywood stars mingled at a coffee table book launch.
Delhi government authorities on Tuesday issued an order asking luxury Taj Mansingh Hotel to have its rooms and premises be placed at the disposal of Sir Ganga Ram Hospital for using it as an attached COVID-19 facility.
Ginger Hotels are the Tata Group's chain of budget hotels.
Raymond Bickson, chief executive officer and managing director of Taj Hotel, said on Saturday that there has been no indication from the investigating agency that any employee or contractual staff, of the hotel, have been involved in the terror attack as is being reported by a section of the media.
Armed with Rs 650 crore (Rs 6.50 billion) fund for acquisitions, Tata Group firm Indian Hotels Company said on Wednesday that it would open one Taj exotica resort in Mauritius.
The Indian Hotels Company Ltd, operator of the Taj brands of hotels, on Monday formed a joint venture with Yunnan Tourism Co Ltd to develop and manage two hotels in China's Yunnan province.
Taj will manage the hotel for 10 years after its commissioning in 2009.\n
Security forces recovered 40 bodies in the first four floors of the six-storeyed Taj Hotel. National Security Guard sources add that four fidayeen (suicide bombers) have been killed in the assault. National Security Guard commandos and personnel of the Mumbai Police are carrying out systematical floor-to-floor cleaning up operations. Most of the hotel has been sanitised by now.
'The preparedness of our defence forces and positioning of intelligence assets were very different in 2008, so we had to rebuild our assets and preparedness.'
United States Secretary of State Hillary Clinton on Saturday morning met the staff of Taj Hotel and Hotel Trident, which had been held under siege by terrorists, during the terror attack on Mumbai in November last year."I am pleased and touched to meet you," Hillary told them.She also signed a remembrance book for 26/11 victims at Hotel Taj.
With the rise of wellness tourism and experiential travel, specialised jobs are being created in spa management, event planning and local experience curation, besides social media management.
In the longer-term, analysts expect IHCL to see revenue CAGR of 15 per cent between FY23 to FY25 and Ebitda CAGR of 20 per cent in the same period. Analysts are seeing targets of around Rs 375-Rs 380 for the stock, which is a significant upside from the current Rs 313.
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors
Indian Hotels Company reported a 29 per cent increase in net loss in the first half of this year.
This would be a 100 per cent jump over 2024, when the state had logged tourist inflow of 650 million
The Taj Mahal Hotel, which completed 100 years of existence on Tuesday, will continue as the symbol of India's hospitality and warmth, Tata Group Chairman Ratan Tata said in Mumbai.
The uniqueness will come from the extra comfort we will provide in our rooms, or free internet services in the hotels. Our two hotels in Goa and Srinagar have golf courses.
Brushing aside the criticisms on filmmaker Ram Gopal Varma being part of his entourage to the terror-hit Taj hotel and other sites, Chief Minister Vilasrao Deshmukh on Monday said there was "no bad intention in it".
Indian Hotels, the owner of Taj properties, on Friday became the first Indian hospitality major to forge a partnership in China.
Taj GVK Hotels & Resorts Ltd board approved amalgamation of the company with subsidiary Punjab otels Ltd.
Hotel Taj Mahal Palace and Tower, which came under terrorist attacks last month, on Saturday said it will reopen the rooms in the Taj Mahal Tower on December 21. The hotel will reopen at 7 pm on Sunday, December 21, according to a statement from Indian Hotels Company. The hotel's heritage wing (Taj Palace), which bore the brunt of the damage, however, would take some more time to reopen.
Ginger Hotels, the no-frills brand by Roots Corporation, a 100 per cent subsidiary of Indian Hotels which operates Taj Hotels Resorts and Palaces, is in talks with real estate developers to rent space in commercial complexes to run its hotels.
Taj Group enters Dubai with 296-room luxury hotel.
It is "ironic" that extra security measures, taken after being warned of a possible terror strike, were eased just before the terrorists assaulted the landmark Taj hotel, Tata group chief Ratan Tata said.
The heroic response by employees of Mumbai's landmark Taj Hotel during the 26/11 terror attacks is now a case study at Harvard Business School that focusses on the staff's selfless service for its customers and how they went beyond their call of duty to save lives.
'All commercial and banking transactions happen in South Mumbai.'
United States Secretary of State Hillary Clinton has said that by staying at the Taj Hotel in Mumbai, targeted during 26/11 attacks, she wanted to send the message that the US and India will work together to "stamp out" terrorism and are "not giving in" to terrorists.
Tata's Taj Mahal Palace and Tower in Mumbai and Orient's Le Manoir Aux Quat'saisons at Oxfordshire, UK, are among the world's 17 best hotels for having food, according to the 2008 Gold List prepared by British magazine Conde Nast.
The Taj Hotel near India Gate will remain with the Tatas for one more year and will have the first right of refusal in an auction to be conducted within this period.
Leading five-star hotels in the country are taking their signature restaurants to cities across the country, thanks to their success and popularity. Taj Hotels and Palaces in Mumbai will open its signature Japanese restaurant, Wasabi by Morimoto, in Delhi by early next year.
