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The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.
- 2nd May 2024
- 1140 Views
Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.
- 1st May 2024
- 1140 Views
Sun Estates Developers expands into Goa's hotel market, investing ₹1000 crore in several projects. This strategy builds on their previous successes, like buying the Astor Hotel.
- 29th Apr 2024
- 1146 Views
The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.
- 7th Apr 2024
- 1183 Views
Vikram Oberoi, CEO and MD of EIH Limited, is leading the Oberoi Group in establishing 50 additional hotels by 2030 to expand its portfolio. The Skift India Summit announced this expansion to strengthen Oberoi and Trident brands in desirable locations. Oberoi explained his plan to integrate smaller,
- 21st Mar 2024
- 1167 Views
At Sarovar Hotels, our vision is to become the preferred choice for guests, ensuring they return time and again. We achieve this by curating a diverse spectrum of services that uphold superior standards in accommodation, culinary offerings, staff professionalism, and facilities.
- 14th Mar 2024
- 1178 Views
Lemon Tree Hotels proudly announces the signing of its newest venture – Keys Lite by Lemon Tree Hotels, Coimbatore.
- 14th Mar 2024
- 1168 Views
Legendary hospitality brand Lemon Tree Hotels is expanding. With two additional hotels, the hotel chain will expand its offers and strengthen its position in the competitive hospitality sector.
- 1st Mar 2024
- 1218 Views
Reliaable Developers and Oakwood Hotels, part of The Ascott Limited, are collaborating to build a unique resort on the busy HSR-Sarjapur Road-Electronic City corridor. This partnership demonstrates Reliaable Developers' dedication to provide luxury and unmatched experiences.
- 24th Feb 2024
- 1190 Views
Branded rental villas are leading the Indian hospitality industry's change. According to a professional analysis, this growing business was worth $329.6 million in 2023 and is expected to reach $1377 million by 2028, growing at over 33% annually.
- 16th Feb 2024
- 1183 Views
Indian
- 11th Jan 2024
- 1201 Views
In 2026, the Tata Group will build two Taj resorts on Lakshadweep's Suheli and Kadmat islands. This development has garnered notice after Prime Minister Narendra Modi's visit and the Maldives conversation.
- 10th Jan 2024
- 1243 Views
In 2025, Lemon Tree Hotels will launch its Mussoorie hotel. The Queen of the Hills, Mussoorie, Uttarakhand, will get a new gem from this Lemon Tree Hotels franchise. This hotel offers stunning vistas and a Himalayan experience at 2,000 metres above sea level.
- 31st Dec 2023
- 1226 Views
The Fortune Hotels of the ITC hotel group have obtained arrangements to run two upmarket Fortune Park hotels in Kochi, Athani and Kakkanad. Fortune Hotels' 2025 Kerala launch is anticipated.
- 8th Dec 2023
- 1384 Views
Leisure Hotels Group (LHG), the biggest resort company in Uttarakhand and recognised for its immersive resorts in North India, has signed a new "Bedzzz" hotel in Goa, a major Indian vacation destination. LHG's third Bedzzz hotel in India follows successful debuts in Varanasi and Rishikesh.
- 2nd Dec 2023
- 1244 Views