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Sheraton Grande Laguna to be re-branded Angsana Laguna Phuket

Laguna Resorts & Hotels Public Company Limited, owner of the Laguna Phuket destination resort, has announced that operations of the Sheraton Grande Laguna Phuket, one of Phuket’s longest-established luxury hotels, will transfer on 30 June 2011 from Starwood Hotels & Resorts Worldwide Inc. to Angsana Hotels & Resorts, a division of Singapore-based Banyan Tree Hotels & Resorts.

TajGVK all set to open another hotel in Hyd

TajGVK Hotels and Resorts Limited (THRL), formed through an alliance between the Hyderabad-based GVK group and Tata group's Indian Hotels Company Limited, is all set to launch a new five star hotel in the city during this year.

Civil works on the project at Begumpet are progressing according to schedule and it is expected to be operational by 2011, the company stated in a press release.

Taj GVK Hotels & Resorts Q3 net up at Rs 13 cr

Hospitality firm Taj GVK Hotels and Resorts today posted a marginal increase in net profit at Rs 12.91 crore for the third quarter ended December 2010.

In the same period last year, the company had posted net profit of Rs 12.19 crore, it said in a filing to the Bombay Stock Exchange (BSE).

Zinc l InVision Hospitality to invest USD 180 million towards growth and development of brand within hospitality sector in MENA and South East Asia

Zinc l InVision Hospitality, a new entity formed through a joint partnership between leading Thailand based group InVision Hospitality and Singapore-based investment company Cinnovation | CG, has announced plans to invest up to USD 180 million towards the growth and development of its brand within the hospitality sector in the MENA and South East Asia region.

Jaipur Marriott appoints Pankaj Birla, General Manager

Jaipur Marriott welcomes Pankaj Birla as General Manager. With over 20 years of experience, Pankaj joined Marriott International in 1990 at San Jose as a finance controller, moving forward across various Marriott properties in United States. He moved to India as Director of Finance at the first Marriott property in the country – Goa Marriott Resort in 1998.

Minor International plans to manage eight hotels in India by 2016

Minor International, a hospitality and leisure company with over 1,000 restaurants and 27 hotel and resorts in the Asia Pacific region, plans to operate eight hotels in India in the next five years. The first hotel Anantara Resort & Spa Chennai with 110 keys in Mamallapuram, Chennai will be operational by end of 2012.

EMKE Group to invest Rs 600 crore for setting up international convention centre in Kochi

In one of the biggest ever hospitality investments in Kerala, UAE-based EMKE Group has announced their plans to set up an international convention centre in Kochi. The plan to invest Rs 600 crore for massive development project involving an international convention centre and hotel was announced by MA Yusuffali, Managing Director, EMKE Group at a press conference in Kochi yesterday.

NEW HOTELS | Sarovar Portico, Jaipur opens

Hotel management company Sarovar Hotels has announced the opening of Sarovar Portico, Jaipur. Located in Vaishali Nagar, Sarovar Portico, Jaipur is owned by Anokhi Builders Pvt Ltd and is Sarovar’s second hotel in Jaipur and the third in Rajasthan. According to the company release, the hotel offers 82 guest rooms and suites with amenities to the standards of a three-star hotel.

The Leading Hotels of the World targets USD one billion revenue globally by 2013

With 23 sales offices globally, 430 luxury hotels and resorts, having more than 68,000 rooms in 82 countries, The Leading Hotels of the World, Ltd (LHW) aims to achieve USD one billion revenue globally by 2013. Presently, the company has ten members in India, Taj Falaknuma Palace, Hyderabad being the newest addition and is in talks with heritage properties in India.