Chains such as ITC, Accor Hotels and Sarovar said rates could go up between 8 and 10% this year.
Keys Hotels had been scouting for buyers for a few years and has an estimated debt of about Rs 160 crore.
Twenty14 Holdings will invest in greenfield and brownfield projects here; looks to add close to 1,000+ rooms across key cities.
The company clocked revenues of Rs 327 crore in its standalone results for the financial year 2017-18, a 200% jump from last the financial year.
The company reported a profit after tax of Rs 4.49 crore in Q3.
Online travel firm says it can’t be assessed on quality of inventory as it is only a tech platform.
The company stated it aims to generate over 1,000 direct and indirect jobs in the country with its operations.
Paytm said customers could access more than 50,000 daily room nights in the hotel space on its platform and that it would work closely with partner hotels to build technology-driven solutions.
Oyo, flush with funds, has been scouting for deals in the co-working segment for a while, at the behest of SoftBank, the people said.
VFS Global announced on Tuesday that it has partnered with the Immigration Bureau of Thailand to offer the new eVisa On Arrival (eVOA) service that is applicable for travellers from 21 countries including India.
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