Landlord of some of the prominent hotels in the capital, New Delhi Municipal Council (NDMC), is trying to recover Rs 456 crore from Le Meridien as rent. The matter is under litigation.

NDMC eyes big bucks from hotel chains

Business Standard

The Indian Hotels-owned Taj Group has planned to announce a new brand, to add to its current bouquet. While the name is under wraps, it is likely to be a category between their Gateway and Ginger ones.

Taj set to offer brand between Gateway & Ginger

A few hotel chains are looking to sell specific properties, while one hotel chain is looking for equity infusion.

Ruchika Chitravanshi

Ruchika Chitravanshi

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NDMC eyes big bucks from hotel chains

Taj set to offer brand between Gateway & Ginger

Hotels shed specific properties