UK-based investment banking firm Baird is advising Cox & Kings on the process.
The company plans to offer integrated services like banqueting space, catering and decor along with dedicated event planners for clients and will eventually integrate it into the Oyo app.
Self-drive tours are about independent travelling, but now even tailored end-to-end package providers are giving clients the liberty to explore places on their own.
In January last year, the hotel was e-auctioned, fetching Rs 45.5 lakh per month as licence fee. However, the bidder later refused to take the property.
The UN World Tourism Organization predicts India will account for 50 million outbound tourists by 2020, up from 20 million by 2017.
China is the third overseas market for OYO, after venturing into Malaysia and Nepal.
AAR has held that Accor-owned FRHI Hotels & Resorts property Swissotel Kolkata will constitute a fixed place permanent establishment for FRHI and that its income from operations would be taxable as business profits in India.
The SC had in May criticised the Archaeological Survey of India for failing to protect the monument. The govt was also asked to consider help from a global agency.
Kochhar, 48, the second Indian to receive a Michelin star, is well known for his Rang Mahal restaurant at the JW Marriott Marquis Hotel, Dubai.
Twitter has announced that it is making in-stream video ads available to all advertisers in India. The launch is part of a global roll out in 12 markets.
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