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Sahara rejects $1.3 billion offer, calls it attempt to lower price

Sahara rejects $1.3 billion offer, calls it attempt to lower price

Sahara group on Wednesday rejected a new USD 1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the sentiment of other bidders making "much higher" offers.

Sahara group gets $1.3 billion offer from new suitor for its 3 overseas hotels

Sahara group gets $1.3 billion offer from new suitor for its 3 overseas hotels

Scurrying for funds, embattled Sahara group has got a USD 1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza.

‘Jinxed’ Chandigarh hotel opens after 27 year

Finally after 27 years, the Park Plaza, which has changed its name and owners in these years, is set to be open Monday.

Carlson Hotels to open 100th Park Plaza in India by 2015

Carlson, a leading global hospitality and travel company, will open its 100th 'Park Plaza' brand hotel in India by 2015, with its capacity touching almost 10,000 rooms by then, a top company official has said.