Archive for August 26th, 2006
Singapore-Based Ascott Group Plans To Develop "Serviced Residences" In Hyderabad, Chennai and Bangalore
Saturday, August 26th, 2006Singapore-based Ascott Group, the biggest serviced-apartment operator in Asia, has inked a master development plan by teaming up with the Chennai-based privately held Indian conglomerate, Rattha Group to acquire and develop seven `serviced residences’ across India by 2010. Together, the partners will invest more than S$340 million in the four southern states of Tamil Nadu, […]
"C R Travels" Plans To Setup 3 Five-Star Properties
Saturday, August 26th, 2006C R Travels, a Mumbai based travel agency specialising into inbound, outbound and domestic tours and part of Kamala Group, have announced plans to venture into the hospitality business and will be setting up three five star hotels in the next three years. The properties will come up in Mumbai, Goa and Hyderabad and C […]