Amari, a Thailand-based hotel chain, mentioned on Wednesday that it will be making investments worth $44.1 million in India by 2010. This decision is a part of the hotel chain’s growth strategy in India.
 
The group, which currently owns 11 properties in numerous Thailand destinations ...

Swissotel Hotels, a Swiss hospitality chain, has announced its foray into Indian hospitality segment, after an agreement was inked between the Swiss group and Ambuja Realty group to set up a 5 star hotel at Rajarhat New town, which is located in the north-eastern borders of ...

Washington's Watergate Hotel, site of the 1972 burglary that led to the downfall of a president, was sold on Tuesday to a subsidiary of Deutsche Postbank after an auction that failed to attract much interest.
 
The subsidiary, PB Capital, bought the Watergate from Monument Realty for $25 ...

Along with Chinese and Indians, Ethiopia could now witness a rush of investment from the Gulf, with the Dubai state investment company's $100 million hospitality venture getting a green light.
 
Limitless LLc, the real estate developer subsidiary of Dubai World - a multi-billion dollar ...

The Tata-owned Taj Group has acquired Mumbai-based Sea Rock Hotel for Rs 680 crore. Indian Hotels Co, which owns the Taj Group of hotels, has acquired 85 percent stake in ELEL Hotels and Investments that owns the property on which Sea Rock Hotel is built in southern Bandra.  According to RK ...

Avinash Bhosale Group (ABIL) is likely to set up three five-star hotels in Pune, Nagpur and Mumbai with an investment of Rs 600 crore. The three hotel projects are expected to be developed over the next three years. Informing about the projects, ABIL Chief Executive Officer Sudhanshu Purohit stated ...

Kochi-based Muthoot Pappachan group has decided to make an investment of around Rs 750 crore to develop hotel properties in Kerala and Tamil Nadu. As per a statement of the MD of Group, Muthoot Pappachan is planning to develop as many as seven hotel projects in the two states. Group MD, John ...

Leading real estate developer, Emaar MGF on Thursday (May 21) opened its first hotel project in India called Fortune Select Metropolitan. The first hotel project of Emaar MGF is located in Jaipur. Fortune Select Metropolitan comes with 90 rooms that include six suites. The Jaipur property also has ...

With a view to fill up the gap between leisure and business tourism in Goa, Taj group of hotels has unveiled its first five-star business property in the state. According to Taj group of hotels, an amount of Rs 110 crore is required to develop the luxury business hotel called Vivanta. Before ...

Kerala-based business hotel the Muthoot Plaza is likely to celebrate 'Cookie Baking Day' and distribute over 500 cookies to underprivileged children. The hotel has decided to feed the underprivileged children on December 17 as a part of its corporate social responsibility activities. About 50 wives ...

Leading private hotel company of India, Bharat Hotels has announced to operate all its hotels under the new brand name 'The Lalit'. Talking about the introduction of the new brand identity, the chairperson of the Bharat Hotels, Jyotsna Suri said that the company will try to maintain the dignity of ...

With a view to expand its hotel chain across the country, Welcome Heritage Group has acquired six new properties. The addition of these new properties has raised the total tally of Welcome heritage hotels in India to 60 in 19 different destinations. Welcome Heritage Group is a joint venture between ...

The capital of India has got its first apartment hotel in a mall under the brand name Svelte-Saket. The apartment hotel is likely to offer the luxury and comfort of home with incredible professional hospitality. The hotel at the Select Citywalk Mall in Saket has been opened by city-based Tristar ...

Pride Group of hotels is in expansion mode. Its MD SP Jain has announced that it will invest Rs 7.5 billion in its expansion plan. Currently, the group has properties at Pune, Nagpur, Ahmedabad and Chennai. It already has added 60 rooms to its existing 110-room five-star property at Ahmedabad. With ...

The hotel wing of leading real estate developer Parsvnath Developers Ltd has announced to set up a five-star hotel in Ahmedabad. The Parsvnath Hotels has also received the approval of the Ministry of Tourism to develop a five-star category hotel in the city. The newly planned hotel is likely to ...

The Phoenix Group announced on October 17, 2008 to open up its own five-star luxury hotels chain in India under the brand name 'Zuri'. With an investment of Rs.2 billion Phoenix Group is likely to start its operation at Whitefield near Bangalore. The first property under the name of The Zuri ...

Eying the prospective hotel business in Gurgaon, the Hans Hotels has decided to introduce a five-star hotel in the city. The setting up of Gurgaon hotel will be the first five-star property of Hans Hotels. Earlier it has set up two four-star hotels in New Delhi and Puri. Sources claimed that the ...

All the four-star, five-star and five-star deluxe hotels of Hyderabad have attained 24-hour liquor license from the government of Andhra Pradesh. The Chief Minister of the state, YS Rajasekhar Reddy has made this announcement in the PATA Travel Mart organized at the Hyderabad International ...

Taj Hotels, Resorts and Palaces of India has entered into a contract to build two five-star hotels in Bahrain, an island country in the Persian Gulf. The hotels will be set up at the residential area of Mahooz and Al Jafoor in Bahrain.  In order to accomplish the task of building up the ...

Bharat Hotels has decided to undergo major re-branding exercise by launching its 'Lalit' brand. The new brand name has been given after Lalit Suri, late Founder Chairman and Managing Director of the group. According to the re-branding exercise, properties in New Delhi and Srinagar will be renamed ...

Waxpol Industries Limited, in an attempt to diversify into the hospitality segment, will soon begin building the biggest resort in North Bengal located at Gorumara. The Riverwood Forest Retreat in the same area on which Waxpol is presently working will reportedly get completed sometime this month ...

The very trendy The Royal Lounge located at Anna International Airport in Chennai saw its re-launch by the Le Royal Meridien recently. More than Rs 40 lakh investment was made for the re-launch. Sprawled over an area of 117 sq m the idea behind re-launching The Royal Lounge was to serve the first ...

Dubai got one more entertainment resort with the recent opening up of 'Atlantis, The Palm'. It is being hailed as the flagship resort of Palm Jumeirah, which is one of the three palm-shaped artificial islands made on reclaimed land by top Dubai-based real estate developer Nakheel. Alan Leibman, ...

Chennai's Empee group of companies has come up with a new plan for expanding its hospitality business. The latest expansion plan includes construction of new luxury hotels, renovation of the existing ones and getting hold of new properties. According to the company officials, Empee group is aimed ...

With an investment worth Rs. 50 crore, Thapovan Heritage home Pvt. Ltd announces its plan to set up yet another heritage home near Kochi. The Heritage home which spreads over an area of 2.5 acre will have 30 rooms. The main objective of the new planned heritage hotel is to provide world class ...

With an aim to invest 1.2 billion dollar in South Africa, India-based Tata Group has decided to set up two hotels there. It also simultaneously plans to assemble an array of automobiles in Johannesburg. Raman Dhawan, the managing director of Tata Africa, claimed that of the two hotels being planned ...

With an objective to meet the ever growing demands of both luxury and comfort hotels in India, UK-based InterContinental Hotel group on September 17, 2008 announced its plans to launch 20 hotels in the major cities of India. The newly planned project is supposed to get executed within the next two ...

The Indian Hotels Co, promoted by the Tatas, is contemplating the introduction of a fresh brand of hotels titled 'The Gateway Hotel' in order to serve a new emerging-section of customers. It is the same company that owns the luxurious Taj brand as well as the economy brand Ginger. The Indian Hotels ...

The vibrant coastal city of Thailand, Pattaya, is soon going to get another luxurious hotel - Dusitd2. After the successful management of Dusit Thani Pattaya, the luxury hotel chain Dusit International is all set to open its second Dusitd2 Baraquda Pattaya in the scintillating city. The ...

The Mumbai-based Sarovar Hotels and Resorts is looking forward towards catering to the needs of mid-upper middle level businessmen and holiday makers in India. It therefore opened Hometel previous week as the country’s first branded budget hotel and has eight more such hotels in the pipeline. ...