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1.Hyatt Place hotel opens in Gurgaon

Hyatt Hotels & Resorts and SAMHI hotels have launched the Hyatt Place Gurgaon/Udyog Vihar. This is the second Hyatt Place hotel in India and has 176 rooms with an approximate investment of Rs 172 crore.

2.Hyatt to set up 120 properties in ten years

Hyatt Hotels will set up more than 120 properties across the country over the next decade as a part of its extensive expansion plans.

3.Mudra House

Home to over 450 professionals in Mumbai, Mudra House is a truly exciting workplace that bustles with warmth, creative energy and innovative ideas.

4.Blue Coast to invest Rs 1,500 crore in three hotels

New Delhi-based Blue Coast Hotels that owns the Park Hyatt Goa is setting up three hotels in North India.

5.Potain cranes lend lifts to hotel construction

A new Hyatt hotel, which is being built in Pittsburgh, Pennsylvania, US, is utilising two self-erecting Potain cranes.

6.Hyatt to operate 60 new hotels in 5 years

Over the next five years, Hyatt Hotels Corporation will increase the number of hotels it operates in India manifold to 70. The US hospitality major, which signed up just ten hotels in its 30 years of existence in India, will increase focus on mid-scale properties as it speeds up its expansion in the country, Ratnesh Verma, senior vice-president, real estate and development for Hyatt International Asia Pacific, said.

7.L&T Realty to sell out its Chandigarh assets

L and T Realty has put on sale three commercial properties in Chandigarh. The company is expecting to get anything between Rs 1,200 crore and Rs 1,400 crore from the sale of the three assets

8.Hyatt to open five star hotel

Hyatt Hotel Corporation has plans to open its five star property´Hyatt Regency´ in Ludhiana very soon. This will be the first hotel in Ludhiana and will be known as ´Manchester of India´.

9.Check In

Indian hospitality sector, after battling low occupancies and poor room rates in the recent years, seems set for rejuvenation with high hopes from the new government. SHRIYAL SETHUMADHAVAN explores solutions for the industry and suggestions for the policy makers.

10.True Marvel

Shrikant Bhasi, Chairman, Carnival Group, is all set to reach the skies. The Bhasi promoted Carnival Group recently completed the acquisition of the commercial real estate project, which includes Elante Mall, Hyatt luxury hotel and the office premises with central courtyard in Chandigarh from L&T Group at a deal value of Rs 1,785 crore; the deal is said to be the largest in the real estate sector in recent times.

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