The total pay-out towards buyback would be around INR 10 Crore
hospitality news
Posted inBusiness
HAI urges Finance Ministry to restore insurance premium rates for premium hotel properties to levels of FY 2018-19
It pointed out that the General Insurance Corporate of India Ltd (GIC Re) and other Re-insurers have increased the premium rates substantially by more than two-and-half times from the pre-FY 2018-19 levels
Posted inBusiness
Lemon Tree Hotels signs a new property in Kharar near Chandigarh
Owned by Omni Pacific Colonisers, the hotel is expected to open by November 2025, and shall be managed by Carnation Hotels Pvt Ltd
Posted inEvents
The Macallan collaborates with Michelin star Chef Vineet Bhatia
He will curate a 12-course bespoke culinary pairing experience incorporating the fine flavors of The Macallan Double Cask Range
Posted inOperations
Elumalai B. joins as Security Manager at Hyatt Regency Pune Hotel and Residences
He has been pursing the field of security for over the past 25 years
Posted inOperations
Radisson Resort Pondicherry Bay launches the first international resort in Pondicherry
The resort boasts of 51 well-appointed chalets and pool villas and has the first Saltwater pool on the coast
Posted inBusiness
Radisson Kufri set to attract leisure travelers to Himachal Pradesh
This newly opened hotel is situated in Kufri and is a 30-minute scenic drive from Shimla, Himachal Pradesh
Posted inOperations
The Orchid Group of Hotels launches the Orchid Manali
This is the company’s second property in the state
Posted inOperations
Novotel IBIS Chennai announces promotions and appointments to its senior leadership team
The promotions are Bala Murali as Food and Beverage Manager, Chef Saravanan Ranganathan as an Executive Chef and Shreesh Mishra as the Front Office Manager
Posted inF&B
Redefining Vintage Asia as a high energy fine dining restaurant
The fine dining Asian restaurant at JW Marriott Kolkata blends Japanese and Asian cuisine, with handcrafted cocktails in the repertoire