Royal Orchid Hotels Limited has earned total consolidated revenue of Rs 41.48 crore for the quarter ended December 2010 as against Rs 31.65 crore in the quarter ended December 2009, showing an increase of 31 per cent.
Indian Hotel Company Ltd's (IHCL) Quarter Three (Q3) net profit has come down by 23 per cent to Rs 50 crore, which ended December 31, 2010 against Rs 65 crore in the same period last year. Absence of insurance towards business interruption and one─time expenditure on brand and promotional activities dragged down the net profit.
Wines and spirits distributor Aspri Spirits has launched liqueur Midori in India. Manuel Terron, Global Brand Ambassador, Midori was recently in Mumbai for the launch. Apart from interacting with local bartenders and media, he also shared a few cocktail recipes using Midori.