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Hotel Sector

The Q1FY2010 (stand-alone) performance of Indian Hotels Company Ltd (IHCL) and the other hotel companies was adversely affected by a bleak macro environment and the outbreak of swine flu in India. However, things had improved significantly in the subsequent quarters with an improvement in the global macro environment. Hotel companies (including IHCL) had posted a [...]

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To promote its diversity to attract tourists. After witnessing an arrival of just 1,25,000 international tourists, Gujarat government is gearing up to focus exclusively on toursim opportunities in the state. From roping in Amitabh Bachchan, setting up tourism institutes to identifying Special Tourism Investment Regions (STIR), the state government is exploring various avenues to popularise [...]

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Medium Term Investment : Hotel Leela

by free stock tips Medium Term

We had recommended this Hotel Sector major as a buy in our issue dated 21st Dec 09. This was given as a buy around 43 levels and also on dips towards 41 for a target of 53-55 at first. This level had a cluster of resistances and once that is crossed to a higher target of [...]

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Medium Term Investment Taj GVK

by free stock tips Medium Term

Hotel sector stocks had been on a fine rally since April 2009, resolving some good long term patterns on charts. The bullishness was also apparent in the form of strong fundamental background, positive news flows, significant OI build up and excellent rollover statistics. Based on a detailed view of the hotels industry, with price, patterns [...]

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Bhagwati Banquets launches CLUB TGB

by admin Company Annoucements

Bhagwati Banquets and Hotels has launched first of it’s kind exclusive club with world best amenities and facilities named as ‘CLUB TGB’ in city of Surat, alongside it’s upcoming five star hotel and convention center. The launch of club in Surat, Gujarat is expected to prove company’s right step towards right direction. Bhagwati Banquets & [...]

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Tata Group plans 50 Ginger hotels in India

by admin Stock-News

Scenting opportunity in the budget hotel segment, diversified conglomerate Tata Group plans to construct 50 hotels of its no-frills chain– Ginger– across India in the next four years. Tata Ginger Hotel Indian Hotels Company Ltd (IHCL), the group’s listed hospitality firm, owns 20 Ginger hotels in the country through its subsidiary Roots Corporation Ltd (RCL). [...]

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