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Mumbai: Juhu hotel faces bankruptcy while top eateries fend for themselves – It added that after the payment of first term of the loan, the hotel sought further financial assistance from IDFC, HDFC, and Union Bank of India. There is outstanding amount from remaining two terms.
Trouble for OYO as Delhi’s budget hotel hub consider severing ties – Gurbaxish Singh Kohli, HRAWI president and FHRAI vice-president, said more hotels are breaking their pacts with OYO as the terms initially agreed upon have been breached. He added that budget and.
Veritas Financial Provides $2.8M Term Loan to Limited Service Hotel – Editor-in-Chief Christina Trauthwein shares a preview of the January 15th issue of Hotel Business, which includes feature stories on tariffs and their impact on the hotel industry and the forecast for.
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Hospitality Terminology – HTNG Connectivity Wiki – The strategy that all distribution channels of a hotel should reflect the same rate for the same conditions for a particular room type. Rate parity strengthens customer loyalty and encourages guests to book directly with the hotel where terms/policies may be more flexible, given the same pricing as in other channels. Receivable
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NearTerm Outlook for Lodging Remains Positive – Notwithstanding a cautious backdrop due to a variety of heightened macro/growth concerns, hotel financing continues to be.
Apartment Building Loan Treetop gets $76M loan for Bronx multifamily complex – Wells Fargo provided the Freddie Mac mortgage for the Teaneck, New Jersey-based firm’s property at 1600 Sedgwick Avenue, known as the Riverview Apartments. The building, located in the.