25 Jun 2015 Sheevam Group plans to expand its chain of hotels Delhi-based Sheevam Group of Companies is looking for hotels on lease in cities such as Goa, Udaipur, Agra and Kumbhalgarh.The Group plans to expand organically in unexplored regions across the country by building land bank.
25 Jun 2015 Privatisation of ITDC hotels It is likely that the Government would take steps towards divestment of its stake in 8 out of 16 hotels run by India Tourism Development Corporation (ITDC).
25 Jun 2015 OYO Rooms targets 2,000 hotels Budget hotel chain OYO Rooms is funded by Lightspeed, Sequoia, Greenoaks Capital and DSG Consumer Partners. The hotel chain is targeting 2,000 hotels by the end of the current year. OYO has got 4,500 rooms in 400 hotels across the country. OYO Rooms is present in cities like Noida, Gurgaon, Delhi, Mumbai and Bangalore among others.