Mega business district for Mumbai, courtesy MIAL

Mumbai is getting ready for yet another business district in an area that would be bigger than Bandra-Kurla Complex, which is home to a host of marquee names in business.  Known as the GVK......

Corporate residences give hotels competition

Corporate residences are now giving five-star hotels a run for their money. The trend, which started almost five years ago, has picked up fast, with several companies preferring to set up their own......

Hotels brace for slump in arrivals

Ronald Lewis, a computer consultant in New York, was planning to attend a friend's wedding in Mumbai last December. Instead, he called off his three-week trip to India, in the wake of the terrorist......

Hotel tariffs drop 20% after terror attacks

Hotel tariffs have dropped by as much as 20 per cent after last week's terrorist attacks on Mumbai that forced international tourists to cancel travel plans. Tariffs may fall as much as 45 per cent......