The Le Meridien group is planning
to set up two more hotels in India this year, and industry sources
said that the group has identified Ahmedabad and Baroda as the
two new destinations.
New Year has brought no cheers
for the domestic travel industry. It is still in the grip of
a downturn with inbound travel witnessing heavy cancellations
due to the uncertain political climate. Now it is faced with
another uncertainty.
In a major shift in strategy,
Amalgamated Bean Coffee Trading Co Ltd, owners of the popular
Cafe Coffee Day brand of coffee parlours, has decided to export
speciality coffee.