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Swissotel pulls out of Goa resort

Last Updated: Wednesday, September 11, 2013, 09:09

The hotel will be renamed and operated by the Bangalore-based asset owner, Convention Hotels India Pvt Ltd (CHI).

IHG, Duet India Hotels to open 19 hotels in India

Last Updated: Tuesday, November 20, 2012, 18:23

This is the fourth brand for IHG in India after the InterContinental, the Crowne Plaza and the Holiday Inn brands.

Holiday Inn to open 38 hotels across Mideast, India in 5 years

Last Updated: Wednesday, November 14, 2012, 18:09

Holiday Inn and Holiday Inn Express Hotels is planning to open 38 new hotels across the Middle East and India in the next five years, a senior company official said.

Premium hotels' profitability to plunge, says Crisil

Last Updated: Tuesday, September 11, 2012, 19:26

"Slowing demand growth, large-scale room additions will cause occupancy rates of premium hotels in these cities to slip," Crisil said.