| C'wealth hospitality sector is upbeat | 21-OCT-09 |
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| Fighting odds stacked against them, they are racing against time to meet the requirement targets to accommodate the guests. Hospitality sector in the national capital region nonetheless is upbeat at the prospect of good business year ahead. |
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| Hospitality sector faces inhospitable environment | 08-SEP-09 |
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| With the sharp decrease in demand for rooms and an investment crunch owing to global recession, major developers and hospitality players have had to review their plans of development. One-fourth of the announced development plans have not materialised and many others are struggling, according to findings of the report ‘Funding Real Estate Projects For the Hospitality Industry: Emerging Perspectives’ by Jones Lang LaSalle. |
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| Swine flu likely to impact leisure travel more | 11-AUG-09 |
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| As the peak tourist season nears, people from abroad in large numbers are reported to be cancelling visits to India on account of swine flu, while hotels, worried about a prospective drop in occupancy, are taking steps to sanitise their premises. |
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| Indian Hospitality assumes control of subsidiaries | 10-AUG-09 |
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| London Stock Exchange-listed hospitality and leisure company Indian Hospitality Corp has assumed direct operating control of its subsidiaries — Mars Restaurants Pvt Ltd (MRPL), Mars Catering and SkyGourmet — from current president and restaurateur Sanjay Narang. |
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| Leela Palaces to invest Rs 2,200 cr by next year | 11-JUL-09 |
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| "We plan seven new properties across India by 2012-13, and as the first phase of it our group would be investing Rs 2,200 crore to complete two new hotels in Delhi and Chennai by the end of 2009," Hotel Leela Venture Vice Chairman and MD Vivek Nair told reporters here. |
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| Jaypee Hotels net dips 4% | 24-APR-09 |
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| Hospitality chain Jaypee Hotels today said its net profit fell 4.49% to Rs 5.53 crore in the fourth quarter ended March 31, 2009, over the corresponding period a year ago. |
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| KIT: The hospitality sector in India | 31-MAR-09 |
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| One of the key challenges facing the hospitality sector is the high rate of taxes. In Delhi, for instance, there is a 12.5 per cent luxury tax as well as a 12 per cent VAT on food and beverages. |
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| Hospitality sector: Present tense, future uncertain | 25-DEC-08 |
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| The hospitality sector, which began the year with uncorking of champagne, is closing 2008 on a dry note, jolted not only by the global economic downturn but also to a great extent by the Mumbai terror |
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