Global Hyatt Corporation, a US-based premier hotel chain operator, has announced an expansion initiative involving erection of 20 new hotel properties in the next five years. It also signed a 24:76 joint venture agreement with Delhi-based real estate company Emaar MGF for building six hotels under the upper mid-segment brand Hyatt Place. Both companies will [...]
Search Results for label/Hotels — 2 articles
Despite the ongoing slowdown in the real estate and hospitality sectors, Mumbai-based Dholakia group plans to launch 12 new business class hotels over next three years at an investment of Rs 200 crore. The group, which already operates two hotels in Mumbai under the brand ‘Orritel’, will have operations in the rest of Maharashtra, Gujarat [...]
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