hotels

The first high profile IPO to hit the Indian markets this year takes off today. The launch is significant as it could restart the IPO market which has been dormant since the economic downturn. It does help that the markets are doing a lot better now than they were even a few months ago. Many companies are likely to evaluate the IPO market based on how the Mahindra Holidays IPO does. The issue opens today and will be on for the next three days. In this article we take a look at the company, its prospects and whether your money is well spent on the stock.

By Vipin Agnihotri

According to my estimate, around 37,000 hotel rooms will be added in the next three years in India.

First and foremost, Best Western will establish 100 hotels and 10,000 rooms under its umbrella in India.

By Vipin Agnihotri

In my opinion, one sector that has gain advantage from the recent buoyancy in the Indian economy is the hotel industry. No one will argue with the fact that liberalization of the Indian economy coupled with growth in domestic businesses has led to steady rise in business travel in India.

By Vipin Agnihotri

It’s official. Sahara Star hotel just 100 meters from Mumbai’s Santa Cruz domestic airport is India’s most expensive suite at Rs 4 lakh a night.

There is no doubt that the hotel's magnificence blended with Indian mysticism epitomizes hospitality and stands deeply rooted in Indian traditions and culture. In my opinion, Sahara Star personifies the spirit of progressive India.

While India hasn’t been known in global circles as a premier tourist destination, a few years from now there could be many resorts on the list. It may seem unlikely, but I have seen India’s tourist future and it’s luxurious. Whether India intentionally wants to be Dubai’s top competitor for luxurious destinations or not, she will be in the running.

By Dr Suvrokamal Dutta