Many mid-size and upscale hotel companies are firming up investments and capacity expansion plans to the tune of Rs 3,500 crore in key holy towns in the next two years, according to data collated by Noesis Capital Advisors, a hotel investing and consulting firm. This translates into over 5,000 new rooms and about 25,000 jobs.
Minor Hotels names new VP of operations in India ttgasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttgasia.com Daily Mail and Mail on Sunday newspapers.
Park Inn by Radisson in Ayodhya, which opened its doors on Wednesday, is already fully booked for January 21-22. "It s a fairly busy time. We have 160-key and 50-key hotels in Lucknow and we expect those to be sold out too," said Ajay K Bakaya, managing director of Sarovar Hotels & Resorts, which manages the new hotel.
Royal Orchid and Regenta Hotels launch Regenta Resort Sakleshpura travelbizmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelbizmonitor.com Daily Mail and Mail on Sunday newspapers.
Rents at Leela Palaces Hotels & Resorts properties in Delhi, Jaipur and Udaipur are at record highs, a company spokesperson said. The Leela Palace Udaipur, which has no rooms available for December 31, was charging about ₹1,06,200 for a night s stay on Christmas on Booking.com previously.