Shangri-La Hotels and Resorts to launch 1st property in Mumbai
Asia Pacific’s luxury hotel group, Shangri-La Hotels and resorts, is all set to launch its second property in India after Shangri-La Eros in New Delhi.
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Movenpick Hotels & Resorts to open 1st property in India
Movenpick Hotels & Resorts is set to launch its first property in India, the Movenpick Hotel & Spa Bangalore, which will have soft opening on June 1, 2011.
Supertech to expand geographical presence before IPO
Supertech Limited plans to expand its geographical presence before filing DRHP with market regulator SEBI for its IPO in around a year’s time.
DLF shares fell to 2 year low
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.
The Indian rental housing sector – State of apathy
The Indian rental housing sector is seriously under-serviced by the organized real estate industry.
Young business travellers are looking for single value package: Mukund Kamat, VP, Kohinoor Hotels
While business travellers’ hotel is an established concept in several European countries, the concept is yet to catch fancy in India.
Sheraton Bangalore launched
Starwood Hotels and Resorts announced on Friday the launch of Sheraton Bangalore Hotel at Brigade Gateway, the first property managed by the group in India.
Zinc Hospitality to bring its own brands to India
Real estate developer Zinc Hospitality, which holds equity in properties like Taj Safaris, Taj Asia, Hilton in New York and India Safaris, is all set to bring its own brands to India.
Vacate Sara-Sahara, court told tenants
The 31 tenants in the Sara and Sahara shopping centres, which are allegedly owned by underworld don Dawood Ibrahim, will have to vacate the premises.
Fire Capital to mop up $100 million for housing projects
Fire Capital, the first private equity fund focused on the…