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Berggruen Holdings

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Berggruen plans 38 hotels in India

Berggruen Hotels, promoted by US investment firm Berggruen Holdings, on Tuesday said it will invest Rs 1,100 crore (Rs 11 billion) over the next five years to build 38 'Keys' brand budget hotels......

Berggruen plans 38 budget hotels in India

New York-based Berggruen Holdings' Indian hospitality venture Berggruen Hotels on Monday announced plans to set up 38 budget hotels over the next five years at an investment of $100 million. "We......

Berggruen to invest $100 mn in hotel chain

Berggruen Holdings India, a subsidiary of New York-based investment company Berggruen Holdings, has announced that it is seed-funding a non-luxury hotel chain in India.The company is prepared to......

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......

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......

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