Tag: hotel development
HOSPITALITY Lemon Tree Hotels Signs Two Properties In Madurai & Mcleodganj

Lemon Tree Hotels Ltd, a leading hospitality company, has signed two License Agreements in Madurai and Mcleodganj under the Lemon Tree Premier and Keys Select by Lemon Tree Hotels brands. Both properties will be managed by wholly owned subsidiary Carnation Hotels Pvt Ltd. Lemon Tree Premier, Madurai will have 100 rooms, while Keys Select by […]

CW Bureau · Aug 10, 2026
HOSPITALITY Leela Palaces Proposes To Invest ₹185 Cr In Ayodhya Hotel Subsidiary

Leela Palaces Hotels & Resorts Ltd has proposed to invest up to ₹185 crore in its subsidiary Buildminds Real Estate Pvt Ltd through subscription to Compulsorily Convertible Preference Shares (CCPS). Buildminds, incorporated on April 23, 2024, is developing an upcoming five-star hotel in Ayodhya. The investment will support its capital requirements and ongoing business operations. […]

CW Bureau · Aug 10, 2026
HOSPITALITY IHG Signs Holiday Inn Hotel In Mandi, Expands Himachal Pradesh Presence

IHG Hotels & Resorts has signed a management agreement with Mac View Infrabiz Pvt Ltd for the development of Holiday Inn Mandi, further strengthening its presence in Himachal Pradesh and expanding its portfolio across high-growth commercial and transit destinations in North India. The proposed hotel will feature 100 keys and will be developed under the […]

CW Bureau · Jun 10, 2026