Tag Archives: Hospitality

Domestic Hospitality Under Transformation

July 21, 2008 – 5:09 am

The domestic hospitality industry is undergoing rapid transformation, with several hotel groups investing in new properties across India and the globe. Additionally, real estate players are entering the industry through management contracts with established hotel chains.
This expansion in the hospitality business is taking place on account of the massive growth that India is likely to [...]

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JNB Will Open 50 Hotels Across The Country By 2015

July 14, 2008 – 6:01 am

US-based real estate management, investment and development consortium, JNB Investments LLC, has forayed into the Indian hospitality market, with plans to set up 50 hotels in the country by 2015. The company will invest about Rs 2000 Crore in the development, which will be collected through internal accruals and other sources of funding.
JNB will develop [...]

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Oberoi Constructions Expands Garden City

January 28, 2008 – 8:52 am

Oberoi Constructions Private Ltd is well-known as leading developer. Now Oberoi group is on the way of expansion. They have decided to set up three ‘Oberoi Garden city’ township in Bangalore, Pune and Hyderabad. Initially they started ‘Oberoi Garden city’ project for Gurgaon east and Mumbai. New three townships will start with an [...]

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