Canada-based Brookfield Asset Management (Brookfield) is set to acquire four hotels under Hotel Leela Venture (HLV) for ₹3,950 crore, in what would be the largest-ever hotel deal by value in India. TT Bureau The board of Hotel Leela Venture approved the sale (by way of slump sale) and transfer of …
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The Leela eyes big
The Leela Palaces, Hotels and Resorts’ hotel in Gandhinagar will be the first luxury hotel in India to be constructed at the airspace of a railway station. Kanchan Nath With the latest addition of Mahatma Mandir and The Leela Gandhinagar to the group’s portfolio, The Leela Palaces, Hotels and Resorts …
Read More »Propel hotel infrastructure
There is a need to add 180,000 hotel rooms across categories if India plans to host 20 million foreign tourists in the next 10 years, points out Vivek Nair, CMD, The Leela Palace, Hotels and Resorts. TT Bureau According to Vivek Nair, the tourism and hospitality industry has worked very …
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