Hotel industry looks, feels sunnier

Things are beginning to look better for the hospitality industry across the country, with an increase in occupancy levels to 10-30 per cent and hotel rates getting closer to the pre-recession ones….for more details visit the following link

http://www.business-standard.com/india/news/hotel-industry-looks-feels-sunnier/380465/

Westin Hotels opens at Mindspace

Westin Hotels & Resorts, with a chain of over 145 properties across 29 countries, has added The Westin Hyderabad Mindspace with 428 guest rooms and suites….for more details of the new visit the following link..

http://www.thehindubusinessline.com/2009/12/22/stories/2009122252741700.htm

Leonia to commission convention centre, expand its hotel

Leonia Holistic Destination is set to commission Leonia International Convention and Exhibition Centre (LICEC) near here, which it claims would be the country's largest such facility with a capacity to host over 6,000 people at one place.“The company is also in the process of commissioning its expansion project at Leo Celestia Hotels, stepping up the capacity from 240 to 340. We expect to expand this further and take it up to 450 rooms by March 2010,” said Mr K.S. Raju, Director, Leonia Holistic Resorts…….. for more details of the news visit

http://www.blonnet.com/2009/12/22/stories/2009122252641700.htm

Zuri plans to build two hotels, invest Rs 400 crore

Zuri Hospitality India is investing Rs 400 crore to develop two new hotels. It is also expanding in the green energy footprint by investing Rs 30 crore to build 24 windmills in Tamil Nadu….for more details visit

http://economictimes.indiatimes.com/news/news-by-industry/services/hotels-/-restaurants/Zuri-plans-to-build-two-hotels-invest-Rs-400-crore/articleshow/5324800.cms

Dax Properties setting up Rs 500 cr Golf Retreat

Dax Properties, part of Countryside Realtors Private Limited, is setting up Golf Retreat, a residential project on 300 acre at Shadnagar, about 30 km from the Hyderabad international airport……… for more details of the news visit the following link

http://www.business-standard.com/india/news/dax-properties-settingrs-500-cr-golf-retreat/378304/

Citrus Hotels to Operate about 1500 keys in 3 years

The Economic Times dt.4/12/09
Synopsis of the news: Citrus Hotels hospitality divisions of Mirah Group will invest about 4000 cr to own develop and manage 1200-1500 keys over the next three years.

Viceroy Hotels to add 3 more properties with Rs 1,000-cr capex plan

Viceroy Hotels Ltd, the Hyderabad-based hospitality player, is working on a capital expenditure plan of over Rs 1,000 crore, which would significantly expand its operations with the addition of three properties….. for more details visit the following link

http://www.thehindubusinessline.com/2009/12/05/stories/2009120552930300.htm