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India Hospitality News
Peppermint Hotels plans to open 10 properties by 2011-end Oct 4, 2010Peppermint Hotels plans to open 10 properties by 2011-end
In a bid to cash in on the growing number of young travellers, new entrant in the affordable boutique hotel segment, Peppermint Hotels, plans to open 10 such hotels with about 900 rooms by end 2011, a top company official said. Peppermint, an indepen... >> more
Bajaj Hotels to invest up to Rs 500 crore Oct 4, 2010Bajaj Hotels to invest up to Rs 500 crore
The Bajaj Group of Hotels, branded under Le Sutra Hospitality, is planning to invest Rs 300-500 core to open hotels and restaurants across the country over the next 3-5 years. “We will invest around Rs 100 crore per hotel while the investment for the... >> more
ITC, EIH plan to combine hotel operations Sep 29, 2010ITC, EIH plan to combine hotel operations
ITC, India's top cigarette maker that also runs hotels, and luxury Oberoi and Trident hotel chain operator EIH plan to combine their hotel business, the Financial Express reported without saying where it got the information.

The newspaper said... >> more
Mukesh eyes the EIH driver's seat Sep 24, 2010Mukesh eyes the EIH driver's seat
Reliance Industries Ltd (RIL) and the Oberoi family will increase their shareholding in East India Hotels by buying the unsubscribed portion of a Rs 1,300-crore rights issue, which was cleared by the hotel major’s board today. EIH has decided to form... >> more
Esthell group to invest Rs 300 crore by 2012 Sep 23, 2010Esthell group to invest Rs 300 crore by 2012
Chennai-based Esthell Group of Hotels is planning to invest around Rs 300 crore by 2011-12 in various hotel and commercial complex projects. The proposed investment is to be funded through debt and internal accruals.

Speaking to reporters afte... >> more
Neesa Group to invest Rs 30 cr on hotel at Dahej SEZ Sep 22, 2010Neesa Group to invest Rs 30 cr on hotel at Dahej SEZ
The Ahmedabad-based Neesa Group will invest Rs 30 crore in the first phase on setting up a modern hotel at Dahej in Bharuch district of Gujarat. Construction of the hotel was launched by Mr Pravir Kumar, Zonal Development Commissioner, SEZs and EOUs ... >> more
Berggruen Hotels to invest Rs 500 cr on expansion Sep 17, 2010Berggruen Hotels to invest Rs 500 cr on expansion
Berggruen Hotels, which entered the Indian scene last year with two mid-scale hotels under the Keys brand, says it will add 315 more rooms this year and another 600 next year across the country. It already has 495 rooms, including from the new third ... >> more
Choice Hotels to double room count Sep 17, 2010Choice Hotels to double room count
Hospitality chain Choice Hotels India is upbeat on business prospects in the country. It is set to add five or six properties across its brands by the end of this financial year even as it is in the process of negotiating with at least 10 more develo... >> more
Sula Vineyards forays into hospitality Sep 16, 2010Sula Vineyards forays into hospitality
Nashik-based Sula Vineyards, a leading premium wine brand company in the country, has now diversified into hospitality industry. The company is setting up a 23-room resort near Gangapur dam here and it is expected to commence within a month. The comp... >> more
Trans Himalayan plans resort in Uttarakhand Sep 13, 2010Trans Himalayan plans resort in Uttarakhand
Trans Himalayan Hospitality plans resorts in Uttarakhand in the next few years. The company is setting up a heritage property in Almora district which will become operational by end-2010. The company has already signed a contract with WelcomHeritage ... >> more
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