Berggruen Hotels to invest $100 mln in India


Reuters India – MUMBAI (Reuters) – Berggruen Hotels, a new venture backed by U.S. investment firm Berggruen Holdings Inc., will invest $100 million in a chain of boutique budget hotels in India, it said on Monday. At least 38 hotels, branded Keys, will be launched

Carlson added 78 hotels in ’06, plans accelerated growth in ’07
Minneapolis-St Paul Business Journal – Carlson Hotels Worldwide announced Monday that it added 78 hotels and resorts to its five-brand portfolio in 2006, and it has plans to continue expanding in 2007. The company ended the year with 938 hotels operating in 70 countries. Its brands