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InterContinental plans budget hotel check-in

The UK-based InterContinental Hotels, a global hospitality group, plans to set up budget hotels in the country under its economy brand, Holiday Inn Express, in a couple of years.The hotels are......

Indian Hotels plans overseas buy

Indian Hotels Company, which operates the Taj group of hotels, is likely to announce an overseas acquisition next week, said its managing director Raymond Bickson.Sources said Indian Hotels might......

US unit plans budget hotels in Orissa

The US-based Laxmi Franklin Hospitality Private Limited will set up two budget hotels at Bhubaneswar and Puri at an estimated cost of Rs 20 crore (Rs 200 million).The company's vice-chairman, KC......

Indian Hotels to buy New York property

Indian Hotels is set to acquire a hotel in New York, vice-chairman R K Krishna Kumar said late on Wednesday."While I cannot name the hotel because the acquisition formalities are not yet to be......

Tough to keep the Nano at Rs 1 lakh

Three years ago, I visited the Taj Hotels IndiOne (now called Ginger) budget hotel property in Bangalore. I didn't actually stay there. I wanted to understand how a hotel room could retail at Rs......

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