Hotels come out with special offers, promotions for peak holiday season
Hotel chains said the offers are for the peak season and aimed at boosting occupancy, getting more people to sign on to loyalty programmes, and improving recall and positioning of existing brands. Hotel chain Accor is running the ‘starting from’ offer for Kolkata, Bengaluru and Mumbai, where prices for rooms start from as low as Rs 2,799.
Hotels gear up to remove plastic usage
Lemon Tree Hotels has paper straws and cups, cork coasters and pencils rather than plastic pens across...
Industry insiders expect better occupancies in coming quarter after GST tax cut
The GST Council had on Friday slashed room rates for hotels w...
As business activity slows down, hotels and travel service providers see a dip in revenues
General slowdown, higher air fares after Jet’s grounding, and a decline in domestic business travel are hurting hotels and travel operators.
AION ‘close to buying’ majority stake in Adlabs
AION is in talks with Union Bank-led consortium of 13 banks which have exposure of nearly Rs 1,100 crore to the entertainment company.
InterGlobe's Bhatia refutes charges by Gangwal, says related party transactions just 0.53% of turnover
Rakesh Gangwal in a letter to Sebi has raised many governance issues relating to certain RPTs.
IndiGo promoters’ feud takes serious turn; Gangwal seeks Sebi’s intervention
Gangwal in a letter to Sebi has alleged “collapsing corporate governance standards” at IndiGo.
Banks expect Adlabs resolution before Sept outside NCLT
The bankers, however, are more hopeful and keen on selling their loans to asset reconstruction companies, and a loan auction is likely to begin shortly, said the sources.
AccorHotels to launch luxury brands Raffles, Fairmont in India
Accor’s first Raffles hotel on the Udaisagar land in Udaipur will have 101 rooms and suites, and will open by the middle of next year.
Accor brings luxury brand Raffles to India; group to add 5K workforce in 3 years
Accor is looking to add 24 hotels in India in next 3 years and adding around 4,000-5,000 people to its workforce.
Saina Nehwal, Parupalli Kashyap's wedding invite goes viral; reception to be held at Novotel Hyderabad
The wedding is expected to be a private affair with only family and close friends in attendance.
Holiday travel surges as airlines keep prices in check
Indian travellers don’t mind braving the winter chill, going by data from travel companies and hotels that indicate a rising preference for colder destinations.
Radhakishan Damani acquires Novotel Imagica Khopoli from Adlabs
The deal, which had been on for some time, has been completed, people familiar with the development said. The acquisition was made by Damani’s unit Bright Star Investments.
Novotel to foray into North-East India this year
With four modern and spacious meeting rooms and banquets backed by state-of-the-art infrastructure, the hotel will be the latest address in the city for meetings and events.
Hotel chains turn to leisure travellers
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.
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