Imagine checking out of a five-star, city hotel after a three-night stay, leaving your bank account lighter by Rs 30 lakh. That’s what a presidential suite, where the royalty and the political elite park themselves, can cost. Not to mention the high rollers whose names hotels refuse to reveal. The downturn doesn’t seem to be on their minds. Gold frescoes, crystal chandeliers, a Rolls-Royce for hire—these are some of the treats awaiting them. Not to mention a bill that matches the billing.
Top Stories
More FromEnterprise
S&P Global Ratings slashes outlook on Adani Ports to ‘negative’
S&P Global Ratings revises to negative the outlook on Adani Electricity Mumbai Ltd and Adani Ports and Special Economic Zone Ltd.
Kenya President Ruto scraps airport, power transmission deals with Adani
The deals include $1.85 bn Adani Group investment in Kenya’s main airport and a $736 mn PPP agreement to build power transmission lines.
Adani Group shares tumble up to 6.6% on day 2 amid U.S. bribery allegations
Seven of the 10 listed Adani entities opened in red today; the top loser among them was Adani Energy Solutions, trading 6.68% lower on the BSE
Exclusive: IHG Hotels to bring high-end luxury formats like Regent to India
Luxury requires higher investment and long gestation periods, but it does pay back, says Haitham Mattar
More FromEnterprise
S&P Global Ratings slashes outlook on Adani Ports to ‘negative’
S&P Global Ratings revises to negative the outlook on Adani Electricity Mumbai Ltd and Adani Ports and Special Economic Zone Ltd.
Kenya President Ruto scraps airport, power transmission deals with Adani
The deals include $1.85 bn Adani Group investment in Kenya’s main airport and a $736 mn PPP agreement to build power transmission lines.
Adani Group shares tumble up to 6.6% on day 2 amid U.S. bribery allegations
Seven of the 10 listed Adani entities opened in red today; the top loser among them was Adani Energy Solutions, trading 6.68% lower on the BSE
Exclusive: IHG Hotels to bring high-end luxury formats like Regent to India
Luxury requires higher investment and long gestation periods, but it does pay back, says Haitham Mattar