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Hospitality

Realty firm Embassy group will invest Rs 1,350 crore to develop four new hotels in Bengaluru as part of its expansion plan in hospitality business. Bengaluru-based Embassy group, which is a leading player in commercial real estate in the country with huge portfolio of office assets, has already roped in global hospitality major Hilton to […]

Collaboration brings bigger gains competition and leading players in the domestic online travel space seem to have understood this. When in October 2015, MakeMyTrip, Goibibo and Yatra jointly decided to de-list budding budget hotel room aggregator Oyo from their platforms, Stage was set for an Oyo versus OTAs (online travel agencies) showdown. Oyo, however, decided […]

Bengal government on Monday said its Food Processing Industries and Horticulture Department has signed an MoU with Devyani International Ltd for setting up more KFC and Pizza Hut restaurants in the state. “This is an expansion plan of Devyani International to open four-to-five KFC restaurants and two-to-three Pizza hut restaurants every year at various locations […]

ITC is planning to add 5,000 rooms across new hotels over the next three to five years. This would include setting up of its first overseas property at Colombo in Sri Lanka. The company will have a mix of both, company-owned and managed properties (hotels) as part of its strategy to strengthen the hospitality business. […]

Moti Mahal Hotels is planning to develop a five star hotel at Panamboor, Mangaluru, in Dakshina Kannada district of Karnataka. The project, entailing an investment of Rs 48 crore, will spread over 24,240.33 sq mtr.The project will consist of a building of G+ nine floors with 96 rooms including various modern amenities such as six […]

Grand business park and a five star hotel are set to be come up in Malawi’s capital, Lilongwe. President Arthur Peter Mutharika performed the ground breaking ceremony for the project. Lilongwe grand business park will be located in area 46 in Lilongwe. Park will be developed at a cost of USD 100 million. This will […]

Indian Hotels Company (IHCL) has decided to invest around Rs 3,000 crore to expand its brand in the next four to five years. The capex for the next year is Rs 300 crore to fund the expansion. In the next two years, the company plans to open 10 new hotel properties under the Taj brand, […]

The Federation of Associations in Indian Tourism and Hospitality has sought amendments to the draft Goods and Services Tax law that include making an exception for tourism and hospitality businesses, and classifying them under 6-8 per cent tax slab as some other countries do. The federation, the apex body of the sector which represents hotels, […]

Radha Group of Hotels, which has three budget hotels in Chennai and Bengaluru, has launched a luxury hotel Feathers in the western part of Chennai. The 186-room hotel has come up on 3.6 acres near the Chennai Trade Centre. Feathers hopes to tap into the lack of luxury hotels in the area, which is close […]