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Friday August 22nd 2014

‘Hospitality Sector’ Archives

McDonald’s in Velachery – Yest another food outlet in Velachery

McDonald’s this is the only store that was not there in velachery and that is also now available , yesterday i was visiting a person in velachery and was talking about how velachery has gone from dust to the city which has flourished like anything and almost anyone in Tamilnadu will use velachery as example how a place should grow. I was always [...]

Taj Mount Road – Taj Gvk Hotels opens five star hotel in Chennai

Taj Mount Road  – Taj Gvk Hotels opens five star hotel in Chennai

Taj Gvk Hotels & Resorts Ltd informed the market that it had opened a five star hotel in chennain and its called Taj Mount Road on December 22, 2008.This is really news to me im kind of always looking put fpr new hotels and now im kind of amazed how is missed this 5 star hotel.

HOMCOURT – Serviced Aprtment in Chennai from Rega Realty

Regaliaa Realty announced the market that its first Serviced Apartment Complex located in the central business district of Chennai — Nungambakkam High Road with a total built up area of 15,000 sq.ft. has opened up  for Guests on February 23, 2008.

Parsvnath Struct a Deal with ITC to manage 50 hotels

                   Parsvnath Developers Ltd has informed the market  that Parsvnath Hotels Ltd (PHL), a subsidiary of Parsvnath Developers Ltd, has signed a MoU with Fortune Park Hotels Ltd (FPHL), a wholly owned subsidiary of ITC Ltd, to manage 50 Hotels across the country in next three to five years,This will increase the revenue for [...]

Wockhardt Hospitals IPO – Wockhardt Hospitals IPO opening on Jan 31 2008

About Wockhardt Hospitals IPO Wockhardt Hospitals is entering in the capital markets with an initial public offering, IPO of 29,500,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue. Price Band The price band for the issue has been fixed at Rs. 280/- at lower level and Rs. 310/- . Issue Date The issue [...]

Indian Hotels Company Ltd Results – Announces quarter ended September 30, 2007 result

Indian Hotels Company has posted a profit after tax of Rs 532.40 million for the quarter ended September 30, 2007 as compared to Rs 459.10 million for the quarter ended September 30, 2006. Total Income has increased from Rs 3212.50 million for the quarter ended September 30, 2006 to Rs 3666.10 million for the quarter ended September 30, 2007.

Phoenix Mills joins hand with Shangri-La Hotels and Resorts

Phoenix Mills joins hand with Shangri-La Hotels and Resorts

Phoenix Mills Ltd has informed the exchange that the Company through its wholly owned subsidiary (Pallazzio Hotels & Leisure Ltd) has signed a hotel management agreement with Shangri-La Hotels and Resorts to operate and manage their upcoming hotel at Lower Parel in Mumbai. This project will be the first of its kind in the island city, centrally [...]

DLF and Four Seasons Joins hand

DLF and Four  Seasons Joins hand

DLF Ltd has informed the Bourses that DLF Hotels, the hospitality arm of the Company,that it has reached an agreement with Four Seasons Hotels and Resorts to operate a proposed luxury hotel at DLF Golf Links, in Gurgaon.So this is second news on Hospitality after Gammon and Wyndham announced there collobaration.

Gammon India stocks up on news of alliance with Wyndham Hotel Group international

Gammon India stocks up on news of alliance with Wyndham Hotel Group international

Gammon India Ltd has informed BSE that the Company has decided to venture into the hospitality sector through the 'HOTEL' business segment by forming an alliance with Wyndham Hotel Group international, Inc,(WYNDHAM) of the USA.