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Indian
Hospitality's Longest Standing Contract Comes To An End
Indian hospitality's longest standing contract between the ITC Hotels
and Sheraton Hotels & Resorts (a brand of Starwood Hotels &
Resorts Worldwide Inc) which was inked in October 1975 is coming
to an end in October 2005.
Planet
Hollywood To Set Up Hotels & Resorts In India
As part of its international roll out of its latest diversification
into the hotels, resorts and casino business, Planet Hollywood International
Inc (PHII) is poised to launch its new venture in India.
Hilton
Residences Bangalore To Launch In 2007
In its attempt to garner a slice of the growing service apartment
segment, the Hilton International has signed a management contract
with the Embassy Group for a 250-unit Hilton Residences in Bangalore
at the Embassy Golf Links Business Park.
Blackstone
Buys Hotel Group Wyndham International
Private equity group Blackstone has agreed to buy hotel owner and
franchiser Wyndham International Inc in a deal valued at USD 3.24
billion, Wyndham confirmed recently.
Innovators
To Be Honored At HICAP
Robert Burns, chairman of Robert H Burns Holdings; Georg Rafael,
managing director of Rafael Group and Adrian Zecha, chairman of
Amanresorts will be awarded the Innovation Award at the upcoming
16th annual Hotel Investment Conference Asia Pacific (HICAP), scheduled
for 12-14 October 2005 at the InterContinental Hong Kong.
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