Hotels
Sebi bars Hotel Leelaventure from selling properties to Brookfield
24 Apr 2019
As per the deal, promoters and affiliates would also be entitled to a consideration of Rs300 crore from Brookfield on account of any intellectual property held by them and also for certain business expansion services that the promoters have agreed to provide the investor
Hotels threaten to stop bookings by online aggregators
06 Dec 2018
Hoteliers allege that OTAs are now trying to dictate prices and monopolise the market by usurping pricing power of hotels and assuming marketing rights
Gadkari launches 2 new floating restaurants in Mumbai
19 Nov 2018
Under the eastern water front development of Mumbai Port, the city will also be linked to Elephanta Caves by an 8-km ropeway that will ferry passengers in 16 minutes to and fro
Qatar set to buy Sahara's New York Plaza Hotel for $600 mn: report
04 Jul 2018
Qatar's state-owned Katara Holding is buying full ownership of the Plaza Hotel, including a 75-per cent stake from the troubled Sahara India Pariwar, reports Reuters citing a source familiar with the deal
Tata Group’s IHCL acquires The Connaught in NDMC auction
21 Jun 2018
The Indian Hotels Company Ltd has agreed to pay over Rs1,866 crore in annual licence fee for The Connaught, a premium hotel in Lutyen's Delhi, to acquire a 33 year lease right for the property
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