Latest Hospitality News and Updates

  • Infor, a global leader in business cloud software specialized by industry, announced today that an affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, Inc.
  • InterContinental Hotels Group (IHG®) today announces the signing of a management agreement with Elysian Hotel Management Company Limited, for a unique new property near Khao Yai National Park in central Thailand.
  • Preliminary data and analysis from STR shows a hotel occupancy decline of 75% in Mainland China from 14-26 January 2020. Performance during the Chinese New Year holiday period was significantly worsened by the outbreak of novel coronavirus (2019-nCoV).
  • Hospitality group Tamara Leisure Experiences Pvt Ltd plans to invest ₹350 crore to open four hotels in the luxury and mid-segment categories in Kerala and Tamil Nadu, in the next three years.
  • Hospitality management chain Sarovar Hotels and Resorts, which is now operating with a portfolio of 80 properties across the country and some overseas locations, is on course to cross the 100 properties mark by 2021 or early 2022.