London-listed hospitality and leisure company India Hospitality Corporation (IHC) will set up a new hotel in Bangalore next year, and is close to raising funds worth Rs 1,000 crore for expansion of its hotel business."In the next 12-18 months, we will be focusing on expanding our hotel business in tier II cities. We will be opening a new hotel in Bangalore by July 2010," IHC Managing Director Ravi...
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That's the figure reached by a new economic analysis, underlining the low level of entrepreneurial activity in Scotland's biggest city.The low level of business start-ups runs in parallel with problems with basic skills, particularly numeracy and literacy across much of its population (while it also has a high graduate rate) and what are called "entrenched levels of worklessness".Reed in Partnership,...
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Barring a four-year interlude in the 1930s, a Tata scion has always headed the 141-year-old Tata group of companies. So Ratan Tata’s statement that a non-family professional, even an expatriate, can succeed him has understandably become headline-grabbing news. This is, however, not the first time an Indian business leader is casting his net globally in search of a successor, nor indeed, is it the first...
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committee to review Jackson memorial costs < ');" class="size11 blue"> RateA Los Angeles City Council committee plans to discuss the $3.2 million taxpayers spent on the Michael Jackson memorial.The Public Safety Committee on Monday plans to review the costs for police, traffic control and other expenses for the July 7 event at the Staples Center arena. A recent city report said the memorial gave the...
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Business activities in some hotels in close vicinity of the fire that ravaged the IOC depot here has been adversely affected by the devastating blaze that broke out on Thursday last.However, the tragedy which left 11 people dead, has not impacted the arrivals of international tourists, sources in tourism department said.Luxurious Chowki Dhani hotel, situated near the IOC depot in Sitapura, was evacuated...
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GOOD TIMES CHECK IN: Luxury hotels report a spurt in business and room occupancy.Copyright...
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Boutique resort brand, Banyan Tree Hotels and Resorts, will open its new 'Banyan Tree Ungasan' hotel in Bali, Indonesia on December 15.The hotel, built 70 metres above sea level on the cliff-top of the island's southernmost peninsula, will feature 73 individual pool villas, gourmet restaurants and spas, including ayurvedic and rainmist treatments, a release issued by the chain said.It will also provide...
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His pony-tail with the famed yellow butterfly bow may have gone, but not his chutzpah. Patanjali ‘Patu’ Keswani, 50, Chairman & Managing Director, Lemon Tree Hotel Company, refuses to let his age temper his radical thinking. “My company does not exist for guests but for my employees— if we are great with our people, they will automatically be great with the guests. After all, I am not going to be interacting...
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Airlines, hotels and others in the travel are trying to convince businesses that it's OK to travel once again. In a series of new ad campaigns and slogans, they are trying to pitch the importance of meeting customers in person and trying to erase some of the negative stigmas attached toBusiness travelers are often the most profitable customers for airlines, hotels and car rental companies. They book...
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visitStarwood Hotels & Resorts Worldwide Inc. said it plans to sell its Bliss spa and product business to Steiner Leisure Ltd. for $100 million as the company looks to focus on operating its hotels.As part of the deal, Bliss and Remede spas and amenities will remain exclusive to Starwood in the hotel category at W HotelsThis...
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