Hotels

ITC shareholders approve demerger of hotel business

06 Jun 2024

Diversified group ITC Ltd on Thursday said 99.6 per cent of its shareholders approved the demerger of its hotels business which will be listed as a separate entity.

Yum Brands close to selling KFC business in Russia

08 Jul 2022

McDonald's to sell Russia business to local operator

23 May 2022

Reliance to take control of Mandarin Oriental New York in $98 m deal

12 Jan 2022

RBI opens new window for banks to lend to contact-intensive segments

07 Jun 2021

RIL buys iconic UK property Stoke Park for $79 million

23 Apr 2021

The UK-based company, which owns a hotel and golf course, will add to RIL's consumer and hospitality assets, Reliance said in a regulatory filing

Cafe Coffee Day founder VG Siddhartha’s body fished out of Netravati River

31 Jul 2019

Man who sold Mindtree to L&T, VG Siddartha, goes missing

30 Jul 2019

The entrepreneur, who is credited with the creation of Cafe Coffee Day and Mindtree, is reported to have left a note saying that he could not take any more pressure from investors, before possibly jumping off the bridge across the river Nethravathi

Hotel aggregator RateGain launches frictionless distribution platform `Smart Distribution’

07 Jun 2019

McDonald's buys out India partner; to reopen outlets in 2 weeks

10 May 2019

Sebi bars Hotel Leelaventure from selling properties to Brookfield

24 Apr 2019

As per the deal, promoters and affiliates would also be entitled to a consideration of Rs300 crore from Brookfield on account of any intellectual property held by them and also for certain business expansion services that the promoters have agreed to provide the investor

ITC challenges Hotel Leela sale to JM ARC and Brookfield in NCLT

24 Apr 2019

Airbnb's explosive growth jolts hotel industry's bottom line

22 Apr 2019

Leela to sell 4 hotels and its Agra property to Brookfield for Rs3,950 cr

19 Mar 2019

Hotels threaten to stop bookings by online aggregators

06 Dec 2018

Hoteliers allege that OTAs are now trying to dictate prices and monopolise the market by usurping pricing power of hotels and assuming marketing rights

Gadkari launches 2 new floating restaurants in Mumbai

19 Nov 2018

Under the eastern water front development of Mumbai Port, the city will also be linked to Elephanta Caves by an 8-km ropeway that will ferry passengers in 16 minutes to and fro

Qatar set to buy Sahara's New York Plaza Hotel for $600 mn: report

04 Jul 2018

Qatar's state-owned Katara Holding is buying full ownership of the Plaza Hotel, including a 75-per cent stake from the troubled Sahara India Pariwar, reports Reuters citing a source familiar with the deal

Tata Group’s IHCL acquires The Connaught in NDMC auction

21 Jun 2018

The Indian Hotels Company Ltd has agreed to pay over Rs1,866 crore in annual licence fee for The Connaught, a premium hotel in Lutyen's Delhi, to acquire a 33 year lease right for the property

Tata's Indian Hotels sole bidder for Taj Mansingh, NDMC may go for fresh auction

08 Jun 2018

SC lets NDMC auction Taj Mansingh Hotel, IHCL withdraws plaint

02 Jun 2018

Orion’s hotel in orbit may become operational in 4 years

09 Apr 2018

Is earth getting too crowed for you? Well, Orion Space is already taking bookings for a stay in a luxury hotel in outer space – at a mere $4 million a pop

Supreme court allows Park Hyatt Goa sale to ITC by IFCI

19 Mar 2018

Tata Sons to invest Rs1,077 cr to raise IHCL stake to 36.43%

07 Mar 2018

Panama hotel evicts Trump executives, removes his name over standoff for control

06 Mar 2018

China slams down Marriott site, app for showing Tibet, others as separate nations

12 Jan 2018

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