InterContinental Hotels group (IHG) will work with real estate company Jain Group to run three Holiday Inn hotels to West Bengal.
IPL has generated as many as 40,000 room nights for the sector in a usually lean second quarter each year, except in 2009 when the tournament was held in South Africa.
Starwood, Hilton, Carlson, InterContinental are customising their mid-market and budget brands for India to offer services they don’t in the West.
With average room rates falling to a six year low and occupancy rates plunging to the lowest in a decade in 2012-13, according to a report.
The Lalit Chandigarh, a five star property with 179 keys was set up with an investment of Rs. 400 crore.
The obvious risks aren't discouraging the few skiing enthusiasts among the India Inc CEO club. They intend to continue the pursuit of this exhilarating sport.
Mid-market US hotel chain Best Western has added eight new hotels to its existing 44 hotels in the country.
Experts say besides helping parties to prove they are tech-savvy, mobile apps will be used to enroll volunteers, create a platform for workers.
Demand is barely keeping pace with the supply, except in a few markets such as Chennai and Hyderabad, and average room rates continue to be under pressure.
Several star hotels have been rebranded without too much notice in the past year alone, leaving guests and the trade confused.
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