The Royal Orchid Hotels Ltd plans to add five hotels totalling 385 rooms in the current financial year with an investment of Rs 60 to 70 crore (Rs 600 to 700 million), its chairman Chender Baljee......
Hospitality players want the government to accord infrastructure status to hotels to make investments on new properties more attractive rather than categorising them as luxury or even 'sin goods'......
ITeS company Mphasis chairman Jerry Rao has invested an undisclosed amount in Royal Orchid Group of Hotels after joining the group's board of directors.His investment comes within days after......
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. Photograph: Jason Lee/Reuters On the other hand, the Miss World......
With a reduction in business travel for the next few weeks owing to Christmas and New Year celebrations, occupancy rates are set to be bleak for business hotels. Hotels in Bangalore will especially......