Average room rate is the key marker for gauging a hotel chain's business growth and experts reckon the function is becoming more critical than ever
Piveta will purchase 51 per cent shares in Riga Foods, and the company said that the investment will be utilised for domestic and global expansion of the brand.
Group has made use of half of the proposed investment budget and has changed its strategy to go after smaller hotels to provide more personalized experiences.
Vladimir Putin, president of Russia, Xi Jin Ping, president of China, Michel Temer, president of Brazil and Jacob Zuma, President of South Africa, will converge for the state banquet in a luxury tent at the Leela beach.
The brand, known for its perpetual calendar watches will be officially launched in India next week. The watches are priced upwards of Rs 11.5 lakh.
TripAdvisor plans to have both the educational portal and booking policy changes fully-launched and implemented by early 2017.
Bhatia will be based at Sotheby’s Mumbai and will work with the company’s international team to serve the collectors in India.
While Oberoi and other five-star chains have been hiring expat chefs for a while, standalone restaurants are also increasingly engaging expatriate chefs.
Some advertisers in the FMCG sector have been conducting experiments with Facebook to make use of the platform’s enormous data reserves collected from its millions of users.
While most destinations see a gradual change in prices over time, some destinations see dramatic changes from week to week for holiday hotel rates.
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