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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.

Author: Jordan, Miriam
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
Land, mineral, wildlife conservation, Historical Sites, Historic Landmarks, Design and construction, Remodeling and renovation, Historic sites, Palaces, Rajasthan, India

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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.

Author: Jordan, Miriam
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
Joint ventures, Accor Asia Pacific Corp

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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.

Author: Jordan, Miriam
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
Management

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Subjects list: Hotels and motels, India
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