The Bengaluru-headquartered chain Thursday said it has signed a lease agreement with MASA Hotels for a 300-room hotel at Mumbai s international airport, which will operate under its new five-star brand.
Lenders did not want to touch it with a barge pole. Finally, there is a shift in debt financing in Indias hospitality sector. Lending by banks in the current financial year, from April to October, has recorded a double-digit growth, year-on-year, compared with a below 1% growth in the same period last year.
Top hotel and travel companies are licking their lips as a flurry of G20 summits coming up this year promises to attract swarms of visitors, fuelling business across their properties
Industry s Reaction to Union Budget 2023-24 | Travel Trends Today traveltrendstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveltrendstoday.in Daily Mail and Mail on Sunday newspapers.