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Berggruen Holdings

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  • Business

Lemon Tree Hotels will divest 49% stake in 2 years

Most of the hotels in the country, including the Indian ones that traditionally owned assets, have embarked upon an asset light model for a faster growth and quicker returns.Lemon Tree is likely to......

Investors home in on mobile payment firms

Investments by private equity and venture capital firms into the mobile payment solutions segment in India have seen a notable growth in the recent past. Going forward, this is expected to go up......

Economy hotel players bullish amid slump

At a time when the economic slowdown is eating into corporate earnings, the country's economy hotels, including Krizm Hotels and Berggruen Hotels, are going ahead with their expansion plans. Patu......

Big luxury hotel chains eye North-East

North-Eastern states are on the hotel industry radar. With real estate development speeding up, hotel companies are cashing in on the boom. More than six hotel chains are looking at either......

Budget hotels are in

There's plenty of room for everybody. With the demand for low-cost accommodation on the rise, a whole host of hospitality firms, both foreign and local, is planning to set up budgets hotels.......

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