NEW DELHI: Global hospitality major Starwood Hotels & Resorts Worldwide on Sunday said it expects India to become its third biggest market by 2015 as the company expands in the country faster than planned.
Hotel Company, Ritz Carlton has announced that it plans to expand its hotel chain to 100 by 2016. This includes hotels all over the world and they plan to put new ones in many country capitals as well as emerging markets too.
Carlson recently announced the signing of its 42nd Radisson hotel in India, the 117-room Radisson Hotel Kandla. This is Carlson's fourth hotel in Gujarat. The USD 15 million Radisson Hotel Kandla is owned by Rajvee Resorts & Hotels Private Limited. The hotel is scheduled to open in the first half of 2012.
CHICAGO Groupon and Expedia have joined forces to create Groupon Getaways with Expedia, offering deeply discounted travel deals from Expedia's hotel client base.
BOSTON Pyramid Hotel Group is launching a new resort division, Pyramid Resort Group.
WORLDWIDE Interactive dreaming, virtual love-making, sleep studying and health monitoring are among the technological advancements that could become commonplace in hotels 20 years from now, according to futurologist Ian Pearson.
BANGKOK Centara Hotels & Resorts has signed management contracts for hotels in Mauritius and Indonesia, marking the Bangkok-based company's debut in both countries.
A general shortage of available hotel stock in Paris is turning quality properties into trophy assets for international investment by private individuals and funds. This is likely to push the average value of guestrooms in the city's hotels—already the most expensive in the world—to a record €650,000 by 2015.