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Berggruen Hotels

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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......

Global hotel chains enter Bharat

'Demand in India has been outstripping supply.'Pavan Lall reports. Photograph: Kind courtesy Pixabay Negotiations for signing a partner near the airport at Port Blair took almost four years for......

New hotels open ahead of festive cheer

Since the start of October at least four new hotel properties have opened in leisure and business tourist destinations like Tamil Nadu and Goa adding more than 400 branded rooms with another 260......

New players seek to ginger up budget hotel market

Ginger Hotels, the budget hotel brand of the Tata group, has had a solo run since its launch in 2004 -- unchallenged by any international or domestic organised sector player.Having started with an......

Homeless billionaire bets big on India!

His net worth is over $3 billion, but Nicolas Berggruen has sold most of his 'material possessions' -- including a Florida mansion in a private island and a luxury condo in New York where he is......

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