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EIH profit slips 61% to Rs 66 cr

EIH Ltd, that runs The Oberoi Group of hotels, has reported a consolidated net profit of Rs 66.31 crore for the year ended March 31, 2010 against Rs169.95 crore in the previous year, a drop of 61%.

Accor to launch eight hotels in Indonesia by 2012

Accor is expanding its portfolio in Indonesia with eight new projects throughout the country. The new hotels which will all open by 2012 include hotels in Padang, Surabaya, Manado, Balikpapan, Kuta, Denpasar, Jakarta and Bangka.

Beautiful Restaurant Design - Lapiaz Restaurant in Spain by Stone Designs - Pictures

Stone Designs captures that simplicity and naturalness of the environment once again in their most recent project Lapiaz Restaurant which is part of Javalambre Ski Resort in Teruel, Spain. Through the use of custom wood furniture accented with bright colors, exposed columns and beams, and painted mural tree trunks, Stone Designs has not only stayed true to their style, but created something full of energy that is sure to bring a smile to everyone’s face.