RECENT NEWS
The Hindu Business Line  Dec 1  Comment 
Hong Kong-based Shangri-La Hotels and Resorts and Mumbai-based Taj Hotels Resorts and Palaces, have formed a strategic alliance for a loyalty programme to broaden their reach acrosss 200 hotels in 27...
The Economic Times  Dec 1  Comment 
As the hospitality sector now coming out of the stress in the last three years, the group started negotiating with prospective investors.
The Economic Times  Nov 30  Comment 
This integrates Taj InnerCircle and Shangri-La's Golden Circle guest loyalty programmes and it will provide members reciprocal and seamless benefits.
The Hindu Business Line  Nov 28  Comment 
Naspers-funded DJUBO, a Cloud-based sales platform for small hotels, is planning to raise $5 million as part of Series A round to develop more tech products for the hotel industry. “We raised $2 mill...
The Economic Times  Nov 28  Comment 
The company also has investments in Param Kannampilly's Concept Hospitality which owns the Fern brand. “The company is growing by leaps and bounds.
The Economic Times  Nov 27  Comment 
In July this year, it raised $ 17 million in a Series B funding round led by Bertelsmann India Investments (BII), along with existing investors, SAIF Partners and Matrix Partners India.
WA Business News  Nov 25  Comment 
Hotels in Perth have become better value than those in Sydney, according to the Australian Bureau of Statistics annual Tourist Accommodation survey released today.
The Times of India  Nov 21  Comment 
In a statement issued to bourses today, the company said its board, which met today, has "decided to convene an extra-ordinary general meeting to pass an ordinary resolution for removal of CP Mistry as director of the company".
The Hindu Business Line  Nov 21  Comment 
The Supreme Court today directed that status quo be maintained with regard to New Delhi Municipal Council’s auctioning process of the iconic Taj Mansingh Hotel here, run by Indian Hotels Company Ltd ...




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This industry consists of companies that own or operate hotels all over the world. Many of these companies own the actual brand associated with various hotel chains and license the use of their brand names out to individual franchises. Only a relative handful both own and operate a majority of their hotels.

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