Samhi, which entered into a structured debt deal with Piramal, will use the funds to support its growth plans and refinance existing lenders across three hotel assets
2 min read23 Jul 2018Hotel chain Marriott International plans to bring four more global brands to India and has already signed on properties for these
3 min read4 Apr 2018The Marriott-Starwood deal will create the world's largest hotel chain with top brands including Sheraton, Ritz Carlton and the Autograph Collection
1 min read22 Mar 2016Starwood's board was persuaded by Anbang's $2 increase in its Monday offer, and said it plans to notify Marriott that their already agreed merger was off
1 min read18 Mar 2016The acquisition of Leela Hotels' Goa property by Malaysia-based MetTube and ITC's acquisition of Park Hyatt Hotel in Goa were among the major deals of 2015
2 min read11 Jan 2016The combined company will own or franchise more than 5,500 hotels with 1.1 million rooms worldwide
1 min read20 Nov 2015The company plans to add 10-12 hotels in the next one year
2 min read5 Nov 2015President Barack Obama and his wife Michelle will be staying at the Maurya Sheraton, one of Delhi's top hotel
3 min read23 Jan 2015During the month, Starwood executives will travel to cities throughout India to meet with associates, customers, owners and prospective developers
2 min read1 Oct 2014Starwood eyes small towns, planning 100 hotels by 2015
2 min read18 Sep 2011The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared