Converted Indian palace offers oasis for travelers
Article Abstract:
Neemrana Fort-Palace has become one of the premier heritage hotels in India. The palace, which was vacated by its occupants in 1944, was in utter ruin when it was acquired by art historians and entrepreneurs Aman Nath and Francis Wacziarg. After six years of renovation, costing around $220,000, the palace was reopened as a hotel in 1991 and proved to be a popular destination for local and foreign visitors who enjoy its unique charm and tranquility and the spectacular view of the Rajasthan desert it offers.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Modi family and unit of Accor agree to develop midmarket hotels in India
Article Abstract:
The Modi family of India and Accor Asia Pacific Corp. have agreed to jointly develop the midrange hotel industry in India. The deal involves building dozens of budget hotels and inns in India's minor cities which would nevertheless be offering international standards despite their inexpensive rates. Accor, which has about 74 hotels in the Asian region, will probably be overseeing the management affairs of the business and only retain minority status as a stakeholder.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
As business travel to India booms, global hotel chains scramble to expand
Article Abstract:
The sharp increase in the number of business travelers to India has prompted many hotel companies to step up their expansion plans in the country. Industry executives report a worsening shortage of rooms at the top hotels, many of which are already operating at full occupancy. The demand for rooms is such that hotel rates in cities such as Bombay and New Delhi have become the highest in Asia.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: France Telecom looks to Africa for growth: firm outbids rivals to be in key markets; perils of overpaying. France hangs up on sole bidder for fourth mobile-phone license
- Abstracts: Brazil, others push outside Doha for trade pacts. As food duties fall, hopes rise for trade deal. India, EU work toward trade pact: bid for agreement by 2009 underlines bilateral focus in wake of Doha collapse
- Abstracts: Fortis's sale of stake frees funds for its ABN Amro bid. Bank moves are reviewed in Germany. ABN wins Taiwan bank auction
- Abstracts: Corporate ownership structure and accuracy and bias of mandatory earnings forecast: evidence from Taiwan. Does the threat of private litigation increase the usefulness of reported earnings? International evidence
- Abstracts: Man the lifeboats: Bhutto tries to buoy stockmarket as crisis deepens. Bad math: Pakistan's budget shortfall brings on fiscal crisis