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Taj plans Vivanta hotels in Africa, China, Dubai
Hyderabad, Jan 30 (IANS) India's largest hospitality group, Taj Hotels Resorts and Palaces, plans to open its Vivanta brand of hotels in Africa, China and Dubai.
in.news.yahoo.com
Indian Hotels Q3 profit flat, cooling economy weighs
MUMBAI (Reuters) - Hotel chain operator Indian Hotels Co Ltd , part of the Tata conglomerate, reported flat growth in net profit for the quarter to end-December in line with estimates, on slowing economic growth at home and overseas. Indian Hotels, which runs the global Taj chain of hotels and resorts, said on Wednesday it expected higher occupancy and revenues in the three months to March, and ...
in.news.yahoo.com
Slowdown impacts Indian Hotels net
Hotel chain operator Indian Hotels Co Ltd (IHCL), part of the Tata Group, posted a marginal rise of 0.38 per cent in the net profit for the quarter ended December 31, 2011, on the back of a slowdown in the domestic and global economy.
www.thehindubusinessline.com
Taj Group of Hotels launches first five star hotel in the city
Hyderabad, Jan 30 : Taj Hotels Resorts and Palaces, today announced an addition to the Vivanta by Taj portfolio with opening of 'Vivanta' at Begumpet here.
www.newkerala.com
Taiwan stocks rise; hotels up on more China tourists
TAIPEI, Feb 4 (Reuters) Taiwan stocks rose 0.74 percent on Saturday, the sixth consecutive rising session, with tourism counters being the top gainers, up 2.36 percent, after media reports that more individual tourists travelling from China will be allowed starting in March.
www.deepikaglobal.com
TajGVK Hotels' Q3 net dips 52%
Hospitality firm TajGVK Hotels and Resorts has posted a 52 per cent decline in net profit to Rs 6.09 crore for the third quarter ended December 31, 2011, due to an increase in expenditure on a new hotel at Hyderabad.
www.thehindubusinessline.com
Chatwal Hotels to invest Rs 2000 cr in India
New Delhi, Jan 9: New York based Hampshire Hotels and Resorts, the management arm of Chatwal Hotels and Resorts, on Monday said it is planning to invest Rs 2000 crore in India and will come up with 54 new hotels in the next five years.
www.newkerala.com
More Chatwal hotels in India
While 'Dream' is a full service luxury hotel brand, 'Night' is a mid-segment boutique hotel. Chatwal's son Vikram, who has been the brain behind the chic Night and lifestyle Dream brands, hopes to add some local elements to the Indian properties.
in.news.yahoo.com
Chatwal Hotels Foray Into India
Bangalore: Chatwal Hotels & Resorts LLC is looking forward to invest $200 million in India to set up more than 50 hotels in the coming 5 years.
www.siliconindia.com
For the rich, investing in hotels reaps intangible gains
Good business reasons can be made for the investment, yet rich investors could probably have made more money elsewhere if they were looking only at returns.
timesofindia.indiatimes.com
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