Hotels
Bank of China takes control of Sahara’s Grosvenor House to recover loans
03 Mar 2015
Bank of China has appointed Deloitte to administer Sahara properties after "it defaulted on debts tied to the hotel", according to a report in the Daily Telegraph
Japanese Hotel to have robots on staff
07 Feb 2015
A hotel in Nagasaki, Japan, is set to change the future of the hospitality industry with robots providing reception and concierge to housekeeping services
Mirach Capital eyes Sahara hotels in $2 bn bailout for Subrata Roy
20 Jan 2015
A US-based investment vehicle, Mirach Capital Group, is offering a $2-billion loan against Sahara India’s landmark hotel assets like New York`s Plaza, to secure bail for Subrata Roy
Vadra’s Skylight Hospitality gets I-T notice
01 Jan 2015
China’s Fosun International raises bid for Club Mediterranee to $1.15 bn
22 Dec 2014
Fosun, China’s largest privately held conglomerate, raised its bid offer to €24.60 per share, valuing the Paris-based company at €939 million ($1.15 billion), which is also the eighth offer Club Méd has received since May 2013
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