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Showing posts from December 27, 2010

5 Star Hotel for sale in Delhi

Stephen Bello has been named corporate director of operations for Dolce Hotels and Resorts

Stephen Bello has been named corporate director of operations for Dolce Hotels and Resorts, Montvale.

ARRs of hotels in Bangalore might dip from Rs9,386 per room this year to Rs7,620

A report by real estate consultant Knight Frank has predicted that the average room rates (ARRs) of hotels in Bangalore might dip from Rs9,386 per room this year to Rs7,620 per room in 2012.

Dr Samantak Das, national head – research, Knight Frank, says this would happen because demand for rooms will not be able to keep pace with the supply.