It will now be Reliance Industries catering to your needs when you fine dine at The Trident or lay back in the lap of luxury at The Oberoi Hotel. Reliance Industries Limited, led by Mukesh Ambani, Asias richest man, announced that it had bought a 14.12 per cent stake in EIH Limited, which owns and manages several hotels in the country including the Oberoi and The Trident brands.
The acquisition was made through RIL’s wholly-owned subsidiary Reliance Industries Investment and Holding Private Limited from Oberoi Hotels Private Limited and certain other promoters of EIH Limited a statement from the company said.
“RIL’s investment in EIH Limited has been made as the Oberoi family had developed the ‘Oberoi Hotels’ brand into a premier international brand in the luxury hospitality sector and as a result EIH Limited has excellent future prospects,” the statement added.
The entire deal has set back RIL by a whooping Rs. 1,021 Crores. But knowing Reliance, one cannot be surprised at the enormity of the figures the deal has witnessed. Reliance is a very diverse and flexible company, a fact which is again proven by the mentioned deal.
In a statement, RIL said that the investment in EIH Limited had been made as the Oberoi family had developed the Oberoi Hotels brand into a premier international brand in the luxury hospitality sector. The company noted that EIH Limited has excellent future prospects. The statement also said that there would be no change of management, operation or control of EIH Limited.
RIL is likely to get one seat on the board of EIH Limited for its stake. Sources said that there was no immediate plan for an open offer. Sources also confirmed that this was a strategic investment and probably the first step for the petrochemical major to enter the hospitality segment.
Now with Mr. Ambani investing aggressively in the hospitality business, it would be interesting to know whether his competitors follow lead and this inception triggers a series of aggressive investments mounting to huge amounts. Only time will tell what is in store. But for the moment, its Reliance at your service.
Luxury Hotels Prague – Luxury Travel Prague
Luxury Hotels Prague
There have been many guides written to Luxury Hotels Prague that detail the merits of individual hotels in the city but we want to deal with just the best areas and to stay within Prague and name just a couple of unbeatable value 5 star hotels.
A luxury hotel means different things to different people. Some people consider luxury as a matter of aesthetics, a beautiful staircase, a Rococo piece of furniture, and high ceilings with wooden beams or even make their hotel choice based on the feng shui qualities of the room. Luxury to other people means not having to lift a finger, a hotel with a wonderful concierge, 24 hour room service and a bell-hop. Others consider luxury as pampering, this group would value a heated indoor pool, perhaps a spa and massage services.
Prague offers hotels that cater to everyone; some hotels in Prague even offer facilities to suit the needs of all the above. Once you have decided what qualities in a luxury hotel are important to you, you must then decide in what area of Prague you wish to base yourself.
Once more, this question can only be answered by the individual travelers. Those wishing to stay in the thick of it, near Wenceslas Square and the main shopping district will want to base themselves in the Stare Mesto. There are hundreds of hotels here, but only around 10 of these would be considered luxury hotels. The luxury hotels of the Stare Mesto are also the most expensive and whilst it is still possible to stay here for far less than the Spanish Steps in Rome for example, there are great savings to be made by staying within a 10-20 minute walk of the Stare Mesto.
If you’re a person who visits Europe mainly to explore the history and architecture then two of the cities district will appeal to you; namely Josefov and Mala Strana. These are also home to several of the most upmarket, boutique style hotels. Josefov, with its famous shopping street Pariszka is by far the most expensive option. Those wishing to go central, historic and five star should choose the gorgeous Mala Strana district. Depending on the time of year, five star hotels in Mala Strana can be found for under 80 a night (the Mamaison Riverside Hotel Prague).
Luxury Restaurants Prague
Finding a restaurant in Prague is as easy as standing outside your hotel and taking 10 steps in any direction. Every street in Prague seems to be bursting with eateries offering as much pork knuckle as you can eat (and if you like that, the best of these is Kolkovna in Josefov). However, if your tastes are more refined and you do not enjoy the Czech cuisine the best spot in town, with the best views, is atop Petrin Hill in the fabulous Nebozizek restaurant. Even though this is one of the best restaurants in town, it is still around the same price as eating at the Strada chain in London.
The ultimate Czech eating experience though is Le Degustation, offering modern fusion cuisine as Western Europe means traditional Czech cooking. Here you can feast on seven courses of traditional Czech food along with wine matches also from Bohemia. Although not the cheapest dining option in Prague, La Degustation provides a culinary experience you will never forget!
Luxury Nightclubs Prague
If your name’s not down… it doesn’t really matter. It is very easy to boogie on down with the rich and famous of Czech society. The Duplex Bar on Wenceslas Square is one of Prague’s most exclusive spots where beer and wine are still far cheaper than a night in London. The Duplex spins with the Czech Republics best DJs.
If you prefer a night of culture there are wonderful events held every week at the Czech Opera House at the end of Wenceslas Square and the Prague National Theatre. Tickets to see the Czech Philharmonic and operatic masterpieces such as Tosca and La Boheme go for as little as 10 each. Prague has a renowned classical tradition with 3 of the best classical composers to ever reach for a piano or violin coming from this tiny country those being Smetana, Janacek and the infamous Dvorak.
The prices in Prague are far from static. We have noticed a 20% increase in prices from 2010 to 2011 so if you want to experience a luxury trip to Prague we recommend you go ASAP before the Eurozone as we know it changes beyond compare!
Best Hotels is the author of this page. If you want to know more about world’s top hotels , please try to visit this link http://www.1in50hotels.com/luxury_hotels_prague_guide_.php
There are Some Great Weekly Hotels in Los Angeles
Travelers who need weekly hotels in Los Angeles can find some excellent choices. Besides some of the big chains that have big prices, there are many privately owned properties that have good value.
People come to this area for many reasons. There are many dozens of things in Southern California that draw tourists from all over the world. Some will come here to visit famous amusement parks for a family vacation. Others will opt to visit because of the amount of museums and artwork here. For some, a trip here will be a look-see to help decide if they want to relocate here permanently. Extended stay hotels in Los Angeles often can help them save money over other types of lodging.
Other travelers arrive because of business needs. They may be trainers who work with corporations or new hires coming from other areas. Some will be on a temporary assignment of some kind, perhaps an audit or to assist with personnel changes. Many who arrive because they have landed a new position are not residents of California. They need to learn their way around and find a permanent home of some kind. They may be selling a home elsewhere and have to wait for it to close to be able to purchase another home. People in this position will use weekly rentals in Los Angeles all the time.
These types of hotels usually have all the same features that the big chains offer. They will have king or queen beds. There are often services like cable or satellite TV, free movie rental, wireless Internet and sometimes a DVD player. There will be some nice added features like a refrigerator and microwave so people can opt to eat in the unit instead of having restaurant food all the time. This is another way that using this type of lodging can help travelers conserve cash. Most will also have things like an ironing board and iron, hair dryer and direct dial phone.
Almost every one will have free parking, often in a lot that has security cameras. These may also provide wake-up calls for those who want them. There is usually a swimming pool, some vending machines so people don’t have to travel far for snacks or sodas and possibly a fax or copy machine. Some places offer free coffee or tea in the mornings, sometimes with pastries or muffins.
People can expect the same level of service from these hotels as they would other types. These offer daily maid service to make the beds and refill towels. The bathroom will get cleaned and the carpet vacuumed. Some have on-site laundry services for people who would like to clean their clothing. Many weekly hotels in Los Angeles offer discounts to some groups like seniors or corporate travelers.
For more information on the weekly hotels in Los Angeles, please visit our website.
Life at its best in luxury hotels Chicago
If youre on a business trip in Chicago and you need a place to go to the luxury hotels Chicago should be your pick! There are vast choices of these hotels all around Chicago; each giving you the most relaxing and satisfying stay.
As a metropolitan city, Chicago also offers a lot of lakes and parks for you to visit. But mostly, people who come here are in business trips or corporate seminars. In late 2008, the city attracted over 30 million travelers and has contributed to the already progressive economy of Chicago.
Chicago is also famous for its crowded shopping centers, energetic night life, and breathtaking architectures. So youre stay at a multiplex here will not be boring s there are many pplaces that you can go to.
These luxury hotels Chicago will surely help you unwind and remove some stress after a days full or hard work. These hotels also provide you with recreational activities or various means of pampering like spas, Jacuzzis, and soothing massages.
The hotels designs are absolutely stylish and special. Some of their exclusive services include 24 hour room service, WiFi connection, VIP treatments, and appetizing cuisines. The only thing youll have to do is choose from Chicagos wide array of five star hotels and any choice would absolutely give you comfort.
The following are just some of the luxurious hotels that you can find here in Chicago:
The Ritz Carlton Hotel. This has been one of the most top rated hotels in the world. It provides you with the best luxury that you can think of while giving you the perfect place to relax. This is also the place to go to as it offers a nice overview of some of the citys parts and they have just recently renovated their suites and guest rooms.
The Peninsula hotel, considered as one of the most luxurious hotels ever in existence, is the place where you will be treated as a royalty. There are four different restaurants here to satisfy your hunger and they have also added a bar to burn up some free time. The hotel has over 300 luxurious suites that are each armed with modern amenities to suit your taste. This is wisely situated near the airport and various other attractions, so having fun is just a stones throw away.
After a days stress in the city, youd surely want to get pampered by one of these luxury hotels Chicago. They will always make sure that you are given the service that you always deserve; all of these while admiring the beauty of the city.
So start the escapade and rent a room in one of Chicagos deluxe hotels and youll sure to hang around for a while.
Enjoy Night Life In Kathmandu Nepal
The city once one of the world’s most inaccessible destinations has travel links to most places. Kathmandu UK, USA, Europe, and the rest of Asia is well served.
Kathmandu means all music needs to be put off by 10 pm and people on the streets should be on their way home. In this magnitude too, you still can be merry in the fascinating action packed Casinos or shake a leg or two in some discotheques. Kathmandu accommodation search for the best cheap flights to kathmandu.
Here are four Casinos in Kathmandu located in the premises of the citys top hotels which offers 24 hours of non stop fun and games like baccarat, blackjack, flush, poker, pontoon, roulette, and other card games and slot machines. All the games are played in chips and they can be bought with US dollars or Indian rupees. You’ll get free food and sometimes a disco if you put some money on the tables. Nepali’s are officially forbidden from entering in Casinos.
If youre looking for a normal girl, is not difficult to find, mostly girls they love foreigners, and they speak pretty good English. Tibetan girls that are very beautiful, strange and wild beauty, if youre looking to find a prostitute in Kathmandu the best way is to go for a massage. There are hundreds of massage shops with beautiful Nepalese women.
A holiday in Kathmandu attracts mainly independent travelers intent on undertaking adventure flights to kathmandu Nepal like trekking, rafting and mountain climbing. The city has a range of accommodation for all budgets, and plenty of restaurants in its Thamel tourist district, and is thus able to cater for all sorts of modern travelers.
And all of them are very cheap. The girls start with massage and later on they do almost everything.
There are not so many clubs around Kathmandu but you can find a lot of girls that work in bars and restaurants.
