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Hotels continue development drive in India

THE existing oversupply of rooms in major Indian cities has not deterred major hospitality brands from continuing to make plans for more hotels in the country.

ITC Hotels to manage R P Group's five hotels

ITC Hotels has tied up with Ravi Pillai - led R P Group Hotels and Resorts to manage its five hotels in India and Dubai. These hotels will be run under the company’s five-star brand WelcomHotel and upscale brand, Fortune, stated a report by Meenakshi Verma Ambwani in The Hindu Business Line.

Won't takeover Orient Express for now: Indian Hotels

Indian Hotels , the owner of the Taj Group, has decided not to go ahead for now with its hostile takeover of the NYSE listed Orient Express. Raymond Bickson, managing director & chief executive officer, Indian Hotels told CNBC-TV18, "The market is not right or ripe for us to do something we have not already done.”
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