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"We are pretty much sold out across our major properties. For example, in Nainital, both our properties are sold out. Bhimtal is sold out. Corbett is almost sold out and our Aloha on the Ganges property in Rishikesh is also sold out," said Shahzad Aslam, head of sales at Leisure Hotels Group. "Our property in Haridwar is sold out. We are doing 100% occupancies during September 8-10. In Varanasi, we are currently at 70% occupancy, but hopefully by tomorrow, we will be touching between 90% and 100% occupancy. Prices have gone up by about 20-25% on an average for this weekend." ....
Rajesh Hospitality, Rajesh Lifespaces, and Rajesh Investments along with promoters Rajesh Patel, Harish Patel and Priyal Patel had provided guarantees for loans to the company s insolvent hospitality business. ....
Rajesh Business & Leisure Hotels owes lenders, led by ICICI Bank, more than ₹621 crore. In March lenders had unanimously voted for the Rare Asset Reconstruction Co and Naman Group consortium to take over the company s defunct hotel business in Mumbai and had filed a requisite proposal in the NCLT. ....
TOWER After decades of public investment, false starts, and dashed hopes, major development at Tower’s harbor and adjacent riverfront may finally be coming soon. At a special July 20 … ....
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