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In an interview with ET, Sébastien Bazin, group chairman and CEO of the French multinational hospitality chain said Accor may also consider launching extra luxurious hotels over time in India. Patanjali Keswani, chairman and MD of Lemon Tree Hotels advised ET in an interview that this 12 months’s expansion will include the opening of a Lemon Tree resort in Bhutan and the launch of 3-4 hotels and resorts in Nepal. Last 12 months, the BSE-listed company had launched 1,375 new rooms across 14 hotels, including India’s largest hotel – the 669-room Aurika Mumbai Skycity. When friends stay on the property,…

In an interview with ET, Sébastien Bazin, group chairman and CEO of the French multinational hospitality chain said Accor may also consider launching extra luxurious hotels over time in India. Patanjali Keswani, chairman and MD of Lemon Tree Hotels advised ET in an interview that this 12 months’s expansion will include the opening of a Lemon Tree resort in Bhutan and the launch of 3-4 hotels and resorts in Nepal. Last 12 months, the BSE-listed company had launched 1,375 new rooms across 14 hotels, including India’s largest hotel – the 669-room Aurika Mumbai Skycity. When friends stay on the property,…

In addition to the gross sales and advertising settlement, which deals with the post-mining distribution of the tough manufacturing for the subsequent 10 years, there might be the essential mining licence. This permits Debswana to proceed mining its Botswana property for the next 25 years and requires De Beers to invest billions in underground expansion. From an outsider’s perspective, the partnership between De Beers and Botswana appeared to be crumbling after more than 50 years of collaboration. The media protection and political rhetoric from sure quarters hinted at a potential collapse of the partnership. Factors similar to these point out…