With excess room capacity in India and a moderate 4-5% growth in international tourism, it is clear that hotels still have a long way to go before a recovery In October, foreign tourist arrivals in India grew by a minimal 1.7% over a year ago. Livemint.com, 1 week ago
Best Western Enters Bandung Best Western Hotels & Resorts is making its debut in Indonesia's third largest city, Bandung , with the launch of Best Western Premier La Grande Hotel . The 193-room upscale hotel will be equipped with eight meeting ...HVS International - Singapore Bureau, 2 days ago
H The company reportedly had a debt of around Rs 5,000 crore as of March this year. As per the terms of a Corporate Debt Restructuring (CDR) package, the company had to reduce its debts through sale of assets. "This investment signifies the ...Moneycontrol.com, 2 months ago
By (Any opinions expressed here are those of the author and not of Thomson Reuters) Volatility marked the truncated trading week ahead of the derivative contract expiry, and a 3.5 percent drop for the Nifty early on followed by a spirited ...Reuters India, 2 months ago
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