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Mystic to expand through franchisee route

Hospitality and wellness chain Mystic Cures Ltd is going to adapt franchise business model for its Spa & Salon properties all over India. Mystic currently has two company-owned properties in DelhiNCR.Mystic Cures Ltd is aiming at 24 franchised outlets...

Hilton Worldwide launches new corporate identity

Hilton Hotels Corporation, one of the leading global hospitality companies, has announced the launch of its new corporate name and logo. Its new name – Hilton Worldwide, signifies the company’s global breadth and reach, and the logo incorporates key...

Dispersion of funds will ease the pressure on developers, retailers

Born as an exporter of sun dried shrimps to Burma in 1894, ABAD Group enjoys leading presence in the business and industrial landscape of Kerala. Presently, the Group is engaged in a diversified range of...

Australian coffee chain Aromas opens maiden outlet in India

As part of its overseas expansion plan, Australian coffee retail chain Aromas has entered the Indian market with the launch of its first coffee outlet in Mumbai. Further, the company plans to open 99 outlets over the next three...

Nirula’s expects 30 pc revenue growth with half price offer

In an effort to attract more customers in current slowdown, Delhi-based hospitality major Nirula's has announced a new offer for repeat customers. Branded ‘Full Meal @ Half Bill’ delivery, the offer announces a flat 50 per cent discount for...

Choice Hotels ties up with Amrapali Group for hotel in Noida

Choice Hotels India, a part of Choice Hotels International, one of the leading and widespread lodging franchisor of the world with over 5000 hotels across the globe, has tied-up with Amrapali Real Estate Group for managing Clarion inn and...

Centaur Hotel in Mumbai opens as Hotel Sahara Star

Sahara India Pariwar unveiled its first five-star super deluxe hotel in Mumbai. Strategically located near Mumbai’s domestic airport, the hotel is a fusion of hospitality and entertainment beneath what is claimed to be the world’s largest pillar-less, clear-to-sky dome...

Budget 2007 Highlights – THE REAL ESTATE CONTEXT

An encapsulation of the aspects of Union Budget 2007 relevant to the real estate sector, by Trammell Crow Meghraj, India Tourism •Tourism infrastructure to get an allocation of Rs 520 crore as against Rs 423 crore last year •Five-year tax holiday for...

Bipin Gurnani leaves Piramyd for Future Group

Mr. Bipin Gurnani has left Piramyd Megastore and is said to have joined Future Group, as CEO Business Development Joint Venture. Mr. Gurnani, 37, was the CEO of Piramyd Megastore the lifestyle retail division of Piramyd Retail Limited. Mr. Gurnani...

Landmark Group ventures into hospitality business

Micky Jagtiani led, the Landmark Group, which operates the Lifestyle retail stores in India, is set to enter the hospitality business, with an investment of about $30 million. The group announced plans for setting up a chain of three-star...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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