The likes of commercial real estate major JLL expect the leisure segment to grow faster than commercial in 2018 and chains are revamping strategies accordingly.
This expansion augments Thomas Cook India’s distribution and reach in South India to 50 consumer access centers: 23 owned branches and 27 Gold Circle Partner (franchise) outlets.
Expect loss to narrow further and record healthy operating margins this fiscal: Ritesh Agarwal.
The commercial tower in Le Meridian has 98 occupants and houses offices of companies such as Reliance Industries, Saab India Technologies and BAE System India.
The auction of the Taj Mahal Hotel in the heart of New Delhi is likely to be in a state in limbo for a while, with another postponement likely.
Chhatwal said, "We have brands like Gateway and certain generic brands like Savoy and President. We will take a decision on these in the next three to six months."
Besides the metros, visa and other travel services providers like VFS Global, BLS International and Cox & Kings Global Services are expanding their reach to other cities across the country.
Malaysia and Phuket have registered a more than 20% increase in booking rates, and the developments in the Maldives could have contributed to this.
IHCL will launch its Taj Exotica Resort and Spa in Havelock Andamans this month.
Lucknow might be famous as the city of nawabs and their legendary hospitality but the capital of Uttar Pradesh has for long been bereft of quality hotel accommodation, barring the Taj.
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