Hotels & Resorts
Hotels & Resorts
Lemon Tree Hotels gets IPO nod
MUMBAI: Indian hospitality major Lemon Tree Hotels has received capital market regulator Sebi's go ahead to float an initial public offering.
The company had filed the...
Marriott to have 100 hotels in India by year end
INDORE: US hospitality major Marriott International has set a target to start half a dozen new hotels in India and take their total number...
GST to the aid of 5-star hotel weddings
DELHI: At India’s five-star hotels, the goods and services tax (GST) has proven to be more than auspicious for the upcoming wedding season. Sure,...
ITDC hands over Hotel Janpath
DELHI: State-run ITDC said it has handed over Hotel Janpath in the national capital to Ministry of Housing and Urban Affairs (MoHUA).
Handing over of...
HRAWI reclassifies hotels based on global norms
DELHI: The Hotel and Restaurant Association of Western India (HRAWI) has certified thirteen hotels in Maharashtra under new norms that, it stated, are more...
Govt plans 5 exclusive tourism zones under PPP mode
DELHI: The Centre will soon set up five exclusive tourism zones in public-private partnership mode wherein state governments will offer land in excess of...
Tourism ministry seeks lower GST for 5-star hotels
DELHI: The tourism ministry has proposed a reduction in the Goods and Services Tax (GST) rates for five-star hotels and the grant of ‘infrastructure...
Hospitality sector facing high cost debt
DELHI: High-priced debt and tougher lending norms of banks under stress due to rising non-performing assets have slowed down hotel development activity in India...
ITDC celebrates ‘Paryatan Parv’, multiple celebrations across units
DELHI: India Tourism Development Corporation (ITDC) the public sector undertaking under the aegis of Ministry of Tourism, govt of India is participating in the...
Marriott Asia head calls for less red tape, lower tax rate
DELHI: India needs to cut red tape and reduce tax rate to boost tourism sector in the country, said Craig Smith, President and MD,...