Category: Hotel Industry News

MCR and BLT secure $632m refinancing for US hotel portfolio amidst tough market conditions

businessnewstoday- April 22, 2024

MCR, together with Building and Land Technology (BLT), a leading real estate firm with over 25 million square feet of developed real estate, has successfully ... Read More

Royal Orchid Hotels expands with opening of Regenta Central in Puri

businessnewstoday- April 15, 2024

Royal Orchid Hotels Ltd (ROHL) has expanded its presence in Eastern India with the opening of Regenta Central in Puri, Odisha. This new addition marks ... Read More

Royal Orchid Hotels expands in Himachal Pradesh with new luxury destination

businessnewstoday- April 8, 2024

Royal Orchid Hotels Ltd. (ROHL) has announced the opening of its latest luxury hospitality offering, Velmore by Royal Orchid, located in the serene hill town ... Read More

Royal Orchid Hotels expands portfolio with new 5-star property in Mumbai

businessnewstoday- April 4, 2024

Royal Orchid Hotels Limited, a distinguished name in the hospitality industry, has taken a significant step forward by signing a lease/revenue sharing agreement with MASA ... Read More

Moss to construct luxury boutique hotel in West Palm Beach’s Nora District

businessnewstoday- March 14, 2024

Moss, a leading privately held US-based construction firm, has been chosen to build a luxury 201-room boutique hotel in the heart of downtown West Palm ... Read More

Praveg Limited set to transform Lakshadweep islands into eco-responsible luxury destinations

businessnewstoday- March 14, 2024

Praveg Limited, a leader in eco-responsible luxury resorts in India, has announced a groundbreaking partnership with the Department of Tourism, Union Territory of Lakshadweep, to ... Read More

Apeejay Surrendra Park Hotels unveils Zone by The Park in Digha: A new era of coastal hospitality

businessnewstoday- March 14, 2024

Apeejay Surrendra Park Hotels has officially introduced its latest hospitality marvel, Zone by The Park, situated in the scenic coastal resort town of Digha, Purba ... Read More

Chalet Hotels acquires Courtyard by Marriott Aravali Resort to strengthen portfolio in leisure segment

businessnewstoday- March 3, 2024

In a strategic move to bolster its presence in the leisure hospitality sector, Chalet Hotels Limited (CHL) has successfully executed definitive agreements for the acquisition ... Read More

Royal Orchid Hotels expands into Goa with launch of Regenta Place Vasco

businessnewstoday- March 2, 2024

Royal Orchid Hotels Ltd, a prominent player in the hospitality industry, has announced the opening of its latest venture, Regenta Place Vasco, in Goa, marking ... Read More

BT Group announces sale of iconic BT Tower to MCR Hotels for £275m

businessnewstoday- February 21, 2024

BT Group has finalized a landmark agreement for the sale of the BT Tower for £275 million to MCR Hotels, paving the way for the ... Read More