Tag Archive for hotels

Switzerland Tourism introduces a unique concept of POP-UP HOTELS: Sleeping where no one has slept before.

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Switzerland Tourism - Lausanne - Gartenzimmer

Switzerland Tourism (ST) has launched pop-up hotels in 11 Swiss cities that gives guests the chance to spend the night in unusual places that have never been slept in before. The pop-up hotels are part of the ST cities campaign, allowing tourists to experience the booming Swiss cities from a surprising perspective.

The fishermen’s cabins in Basel are normally only accessible to a small number of people. But, this summer, Switzerland Tourism (ST) is making it possible for interested guests to spend a night in a beautiful hut directly on the Rhine because one of the huts is being turned into a pop-up hotel room for a few months. The pop-up hotel in Bellinzona is equally unusual. It’s hidden in Castelgrande Castle. Guests can be the king or queen of the castle in the tower room of this UNESCO World Heritage Site – at least for one night. Read more

​Devraj Halder ​​ has joined ​​The Fern Hotels & Resorts as​​ General Manager – Operations (North)​

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Devraj Halder

​Devraj Halder has joined The Fern Hotels & Resorts as General Manager – Operations (North)​. Before joining The Fern Hotels, he was associated with Royal Orchid, Jaipur.Armed with an MBA, Devraj carries with him more than two decades of work experience, having worked with some of the best national and and international brands. Some of the brands he has worked in the past include, Renaissance Goa Resort, Crown Plaza New Delhi, The Suryaa New Delhi​ etc. Read more

Novotel Hotels & Resorts, Goa Appoints Yojan Das As New Guest Experience Manager

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

 

Yojan Das, Guest Experience Manager, Novotel Hotels & Resorts, Goa

AccorHotels today announced the appointment of Yojan Das as the Guest Experience Manager for Novotel Hotels & Resorts, Goa. With over 7 years’ of experience in the hospitality industry, Yojan is a result oriented professional and will be responsible for team management, business and skill development at the property. Read more

Samena Capital takes 35% stake in Bloom Hotels at INR 330 crore valuation

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

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Bloom Hotels (“Bloom”) is swiftly moving ahead with its expansion plans after a primary capital injection of Rs 100 crores by Samena Capital in the company’s Series B investment round. The investment values Bloom at 330 crores and will help roll out the company’s innovative affordable brands to all Indian cities. With this investment Samena Capital has taken a 35% stake in Bloom Hotels. Read more

Lemon Tree Hotels scores a hat-trick in Goa

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

4 Colour LTH®

Carnation Hotels, the wholly owned subsidiary and management arm of Lemon Tree Hotels Limited has signed an operating agreement for the groups’ first Red Fox hotel in Morjim, Goa with M/s Unicorn Real Estate. With this signing, Lemon Tree Hotels doubles its consolidated inventory in the city.

Red Fox Hotel, Goa will have 111 rooms and will cater to the leisure travelers looking for a pocket friendly experience in Goa. The hotel is strategically located just a stone’s throw from the scenic Morjim beach known for the fabled Olive Ridley Turtles and the Golden sands. Read more

Lemon Tree Hotels forays into Vijayawada

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Carnation Hotels, the wholly owned subsidiary and management arm of Lemon Tree Hotels Limited has signed a management contract with Laila Hotels and Resorts Pvt. Ltd., for an upper midscale hotel in Vijayawada, the commercial headquarters of Andhra Pradesh.

Set to be branded as Lemon Tree Premier, Vijayawada, the 120- room hotel will boast of plush interiors, modern business services and facilities besides offering large banquet and meeting spaces, a multi-cuisine coffee shop and a hip recreation bar. It will provide a refreshing alternative to both business and leisure travelers, besides becoming a sought after destination for Corporate events and socials. Presently under construction, the hotel is expected to be operational by March, 2021. Read more

Lemon Tree Hotels Limited listing ceremony held today at NSE in Mumbai

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R): Mr. Patanjali Keswani (Chairman & MD) Lemon Tree Hotels Limited, Ms. Lillete Dubey (Promoter Group) Lemon Tree Hotels Limited and Mr. Kapil Sharma (Chief Financial Officer) Lemon Tree Hotels Limited with other dignitaries striking the gong at the listing ceremony of Lemon Tree Hotels Limited held today in Mumbai at the NSE.

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Lemon Tree Hotels Limited allots RS. 311 CRORE to 16 ANCHOR INVESTORS AT RS. 56 PER EQUITY SHARE

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Lemon Tree Hotels Limited (the “Company” or the “Issuer”) has finalized the allocation of 55,643,820 Equity Shares at Rs. 56 (upper end) per Equity Share aggregating to Rs. 311 crore to 16 anchor investors.

The anchor list include:- SBI MAGNUM MONTHLY INCOME PLAN- 3.85% , SBI MAGNUM MULTIPLIER FUND-6.42%, SBI MAGNUM BALANCED FUND-10.55%, NS PARTNERS TRUST-3.21%,VANTAGETRUST III MASTER COLLECTIVE INVESTMENT FUNDS TRUST-5.12%,MIRAE ASSET INDIA SOLOMON EQUITY INVESTMENT TRUST 1-1.60%,MIRAE ASSET INDIA SECTOR LEADER EQUITY FUND-3.61%,INDUS INDIA FUND (MAURITIUS) LIMITED-3.75%, INDUS INDIA FUND (SV) LIMITED-2.50%, RBC ASIA PACIFIC EX-JAPAN EQUITY FUND-5.20%, LGT SELECT FUNDS – LGT SELECT EQUITY EMERGING MARKETS-3.21%, DB INTERNATIONAL (ASIA) LTD-12.61%, GEMEQUITY-3.21%, DORIC ASIA PACIFIC SMALL CAP (MAURITIUS) LIMITED-3.21%, NEW YORK STATE COMMON RETIREMENT FUND-3.21%, ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC-7.29%, ALPINE GLOBAL PREMIER PROPERTIES FUND-5.20%, ZAABA PAN ASIA MASTER FUND-2.08%, HDFC SMALL CAP FUND-8.33%, BNP PARIBAS ARBITRAGE-5.83% Read more

Lemon Tree Hotels Limited: Initial Public Offer to open on March 26, 2018 and to close on March 28, 2018

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By  Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. V Jayasankar (Kotak Mahindra Capital Company Ltd), Mr. Vineet Ranjan (Director Strategic Initiatives & Transformation) Lemon Tree Hotels Ltd, Mr. Kapil Sharma (Chief Financial Officer) Lemon Tree Hotels Ltd, Mr. Patanjali Keswani (Chairman & MD) Lemon Tree Hotels Ltd, Mr. Pankaj Agrawal (CSLA India Private Ltd), Mr. Kaustubh Kulkarni (J. P. Morgan) and Mr. Jayesh Shah (Yes Securities (India) Ltd) at Lemon Tree Hotels Limited IPO Press Conference held in Mumbai today.

Lemon Tree Hotels Limited (the “Company”) proposes to open on Monday, March 26, 2018 ,an initial public offering of Equity Shares of upto 185,479,400 equity shares of face value of Rs. 10  of Lemon Tree Hotels Limited for cash at a price of Rs. [●] per equity share aggregating up to Rs. [●] million through an offer for sale of up to 94,500,053 equity shares aggregating to Rs. [●] million by Maplewood Investment Ltd (“Maplewood”), up to 25,320,584 equity shares aggregating to [●] million by RJ Corp Limited, up to 13,999,416 equity shares aggregating to [●] million by Ravi Kant Jaipuria and Sons (HUF), up to 6,986,180 equity shares aggregating to Rs. [●] million by Whispering Resorts Private Limited, up to 883,440 equity shares aggregating to Rs. [●] million Swift Builders Limited, up to 23,649,816 equity shares aggregating to Rs. [●] million by Five Star Hospitality Investment Limited, up to 19,159,911 equity shares aggregating to Rs. [●] million by Palms International Investments Limited, up to  480,000 equity shares aggregating to Rs. [●] million by Mr. Satish Chander Kohli and up to 500,000 equity shares aggregating to Rs. [●] million by Mr. Raj Pal Gandhi. The Offer shall constitute up to 23.59% of the post-Offer paid-up Equity Share capital of the Company. The Company and Maplewood may, in consultation with the Global Co-Ordinators and Book Running Lead Managers and the Book Running Lead Manager, consider participation by Anchor Investors. The Anchor Investors shall Bid during the Anchor Investor Bidding Date, i.e., one Working Day prior to the Bid/Offer Opening Date. Read more

Arijit Chatterjee has joined The Fern Hotels & Resorts as the Chief People’s Officer.

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Arijit Chatterjee

Arijit Chatterjee has joined The Fern Hotels & Resorts as the Chief People’s Officer.  Arijit carries almost two decades of experience having worked with some of the best hospitality companies. Read more