RECENT NEWS
MarketWatch  11 hrs ago  Comment 
Along with the usual cast of movie actors, presidents, rock stars and the super rich, the luxury hotelier has noticed the return of another type of well-heeled clientele to his five-star resorts. Bankers.
The Economic Times  Nov 26  Comment 
Mounting pressure on Analjit Singh, ITC chairman Yogi Deveshawar said on Thursday his company was open to increasing stake in EIH that owns the Oberoi and Trident Group of Hotels, but it would not go beyond 25%.
Business Standard  Nov 26  Comment 
The two security guards with bamboo sticks look on sheepishly as guests make their way through metal detectors and X-ray scanners at the Taj Mahal Hotel in Mumbai. Before entering the hotel, however, a rather stern looking man presumably part of...
The Globe and Mail  Nov 26  Comment 
'Rogue properties' are sparking envy from the hotels that are obeying VANOC's price-limiting agreement
Financial Express  Nov 26  Comment 
The paramilitary troops outside the Trident and Taj Mahal hotels suggest a higher level of security a year after terrorists laid siege to Mumbai, but it may all be a mirage as the city and the country as a whole still remains very vulnerable.
Bloomberg  Nov 26  Comment 
(Update1) John Keells Holdings Plc., Sri Lanka’s biggest diversified company, plans to invest about $100 million building new resorts to benefit from an economic resurgence after the end of the South Asian island’s civil war.
New York Times  Nov 25  Comment 
"I tend to advise ventures I work with to conserve their dollars, instead," said Roman Lubynsky, a principal at the Massachusetts Institute of Technology's Venture Mentoring Service.
Business Standard  Nov 25  Comment 
The share prices of companies owning five-star hotels, which had bore the burnt of the 26/11 terrorist attack on Mumbai, have witnessed a strong bounce-back.
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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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