Private equity giant Blackstone has agreed to acquire a 50% stake in India's second Four Seasons Hotel project in Bangalore, which was put on sale by majority owner Goldman Sachs.
Roots Corporation, which operates the budget hotel brand Ginger, has announced its plan to add as many as 100 properties in the next 3-4 years with 6-7 hotels planned for this fiscal itself.
Dr. Lalit K Panwar (IAS) has been appointed as the new Tourism Secretary by the Appointments Committee of Cabinet (ACC). Canceling its last week’s order of shifting Arvind Mayaram, currently the Finance Secretary to the Tourism Department as Secretary, the ACC today decided to shift Dr. Panwar from the Department of Minority Affairs to Tourism. Dr Panwar was Secretary, Ministry of Minority Affairs.
UAE-based hotel operator Rotana has announced plans to open six new properties in Riyadh, Jeddah, Khobar, and Dammam.
Hundreds of Emirati cooks stepped in on Thursday to introduce their country’s hospitality and culinary arts in one of the competitions at the Dubai World Hospitality Championship (DWHC), which runs till Saturday at Dubai World Trade Centre.
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