Page 14 - Indian Hotels

Make room for Indian Hotels in your portfolio

Favourable sector dynamics and deleveraging moves signal further upside from current levels

Indian Hotels to focus on key Indian cities, GCC, SE Asia for expansion

On Wednesday, the company announced the plan to sell its Taj Boston hotel for a base price of $125 million

Indian Hotels to check out of Taj Boston to pare debt

Net loss before tax for the Boston-based property has widened to $7.3 mn in 2015-16 as against $6.7 mn in 2014-15

Indian Hotels to sell Taj Boston for not below $125 mn

Net loss before tax for Boston-based property has widened to $7.3 mn in 2015-16 as against $6.7 mn in 2014-15

Indian Hotels reboots by going asset-light

The Tata Sons-promoted hotel chain has exited six properties, liquidated shares in Belmond and decided to run hotels on management contract

Indian Hotels sells stake in Belmond at loss

At an average of $9.4 a share, firm is taking a massive hair cut compared to $35 it paid to buy the shares 6-7 years ago