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The popularity of malls has attracted the attention of the hospitality sector as well. With the rising costs of real estate, hotels are now looking to rent space in malls and other commercial complexes. Accor Hotels and Ginger Hotels are in talks with
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The Grand Nirvana Resort in India joins RCI, a global leader in leisure real estate. This addition has made RCI Group, the International leader in vacation exchange, as now it has 72 affiliated resorts in India. The RCI Group is proud that Grand Nirvana,
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Joining the big league of property developers who have ventured into hospitality, Mumbai-based Phoenix Mills has said it will set up a 30-storeyed luxury hotel at Lower Parel, Mumbai. A subsidiary - Pallazzio Hotels and Leisure - will develop the property,
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12 June 2007, 11:11 AM MUMBAI: Adlabs Cinemas has made its long-awaited entry into Ahmedabad, with a five-screen 1110-seat cinema spread over 38,000 square feet at the Himalaya Mall on Drive In Road. The company is also planning to open its Hyderabad
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Full service business and leisure hotels chain Lemon Tree has ambitious expansion plans to build 1,700 hotel rooms in 12 major Indian cities over the next four years involving an investment of about Rs 1,000 crore. Patu Keswani, chairman and managing
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Panoramic Universal Limited (PUL) the flagship company of the Panoramic Group has acquired a hotel property in Hyderabad from Shri Vatsa Hotels Private Limited at a total cost of Rs. 18 crores. PUL will convert this semi finished property into a 4 star
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Bombay Dyeing is foraying into hospitality with two hotels at Worli and Dadar in Mumbai. The company is in talks with Starwood Hotels & Resorts, for its brands like Sheraton, W Hotels and St Regis. Bombay Dyeing is also talking to Peninsula Hotels,
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Appu Hotels Ltd. that owns Le Royal Meridien, a five-star deluxe hotel in Chennai is planning to set up around 10 hotels across the Tamil Nadu in next three to four years. "Of the ten, two or three will be in the five-star category and the rest will
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MUMBAI/ BANGALORE: Intercontinental, The Grand New Delhi, owned by late hotelier Lalit Suri is on the block. Jyotsna Suri, joint MD and wife of Lalit Suri, has put an asking price of Rs 900 crore for the property. Potential suitors could include ITC and
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Parsvnath Developers Ltd has announced the launch of its 5- star hotel and Multiplex-***-Commercial Mall project in Vejalpur, Ahmedabad on March 16, 2007. This marks the opening of bookings for commercial space in the coveted upcoming property. The plot
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The Bird Group under its wholly owned subsidiary, Bird Hospitality Services (BHS), is expanding its hospitality business with Dusit Hotels and Resorts (DHR). Under a joint venture, Bird Hospitality Services is committed to develop six, 4 to 5 star hotels,
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