of Graviss Hospitality reported to Rs 0.22 crore in the quarter ended March 2014 as against profit of Rs 1.42 crore during the previous quarter ended March 2013. Sales declined 7.67% to Rs 13.37 crore in the quarter ended March 2014 as against Rs 14.48 crore during the previous quarter ended March 2013.
The Lalit Suri Hospitality Group has appointed Bhaskaran T as the General Manager for its Bangalore property- The Lalit Ashok. In his new role, Bhaskaran will be responsible for the overall direction of the 184-rooms luxury unit, which includes operational set up, business development and strategic planning.
The rapidly growing Indian coffee market has captured the attention of the makers of Brewberrys Cafe, the coffee bar. With an aggressive expansion plan in place,
Private equity hotel investment firm Rockbridge, Columbus, Ohio, is on the prowl for hotel investment opportunities, particularly among distressed assets in the U.S. Rockbridge recently announced the purchase of the 166-room The Cliff House Resort & Spa, located in Ogunquit, Maine, and plans for a comprehensive renovation of the historic property.