India's No. 1 Hospitality Business Weekly Issue dated - 8th August 2005
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Rains Fail To Dampen Mumbai's ‘Hospitality’ Spirit
Though most hotels in Mumbai were presented with an opportunity to do rollicking business as incessant rains left scores of people in Mumbai city devoid of shelter and comfort, many hoteliers opted to set aside profitable gains and play the ‘good samaritan’.

Mumbai Restaurants Face Major Losses On Account Of Rains
While the rain Gods favoured hotels across the city of Mumbai, they didn't look down too kindly on the restaurant industry. Reportedly, the Mumbai restaurant industry of over 2000 outlets suffered estimated losses to the tune of Rs 10-15 crore in property damages and loss of business on account of the torrential rains.

Thiruvananthapuram To Boast Of A 150-Room Hotel
Thiruvananthapuram will soon witness the entry of a 5-star hotel in another year with 150-rooms in the heart of the city. The hotel will be owned entirely by the family of D S Reddy, Vice Chairman of Oriental Hotels Ltd, which runs Taj Coromandel, Chennai, in association with Indian Hotels Ltd.

AMPA, PVR Group To Build Integrated Mall In Chennai
Ampa Housing Development has announced the launch of Ampa Center One, a social hub and an integrated mall in Chennai. The 50 crore project is awaiting its final approval from CMDA and is expected to start functioning from September 2006.

Razzaq Hotels To Open Five Properties In Kerala
The Dubai-based Razzaq Hotels owned by businessman, Mohammad Razzaq, is eyeing the Kerala backwaters and beaches for its hotels and resorts apart from service apartments.

Indian Hotels Net Up 164%
The Indian Hotels Company Ltd (IHCL) reported a net profit of Rs 16.91 crore for the quarter ended June 30, 2005, a 164.2 per cent growth over Rs 6.4 crore reported in the corresponding quarter the previous fiscal.

Ganesh Housing To Step Into Hospitality Zone
The Ahmedabad-based Ganesh Housing Corporation Ltd (GHCL), a real estate and infrastructure company, plans to foray into hospitality and entertainment sectors with a five-star hotel and shopping malls at an investment of Rs 100 crores.

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