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Hospitality

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 […]

Aiana Hotels and Resorts, a Qatar-based company that will operate and manage hotels, is making its debut in India with the launch of Aiana Munnar, a premium property owned by Alex and Tsarina Vaccha, an NRI couple based in Dubai. Aiana Hotels is a 50:50 joint venture company between Qatar’s eminent businessman Sheikh Faisal bin […]

The Indian restaurant industry will contribute Rs 22,400 crore by way of taxes and create 5.8 million direct jobs in 2016, Indian Food Services Report (IFSR), 2016, revealed today. The report, prepared by industry body National Restaurant Association of India (NRAI), said the country’s food services market is worth over Rs 3.09 lakh crore and […]

Global hospitality player Accor Hotels on Wednesday announced that it has acquired FRHI Hotels & Resorts and its three prestigious luxury hotel brands: Fairmont, Raffles and Swissôtel. This comes after the approval of shareholders at the general shareholders meeting on July 12. Sébastien Bazin, Chairman and Chief Executive Officer, Accor Hotels, said in a statement, […]

The Indian restaurant industry will contribute Rs 22,400 crore by way of taxes and create 5.8 million direct jobs in 2016, Indian Food Services Report (IFSR), 2016, revealed on Wednesday. The report, prepared by industry body National Restaurant Association of India (NRAI), said the country’s food services market is worth over Rs 3.09 lakh crore […]