Hotels News

Independent hotels like this are the bedrock of British hospitality

About half the staff of The Priory have worked there for years, in some cases well over 20. It’s unusual to see older bar staff, waiters and waitresses in expensive hotels these days and they bring an immediate sense of dignified reassurance, a haven from the turbulent outside world. “I’ve known some of them since I was a small child,” says Katie, who with her brother Ben (the chap with the mustache) is very gradually taking over the reins from their father Jeremy Merchant. “They are family.” With one dazzling exception, The Priory feels resolutely traditional, especially in the public… Read More
Hotels News

Chalet Hotels gains on launching QIP; floor price at Rs 780.76/share | Capital Market News

Chalet Hotels rose 1.35% to Rs 872.90 after the company’s board approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 780.76 per share. The company’s board authorized and declared the opening of the issue on Wednesday, 27 March 2024. The floor price of Rs 780.76 is at a discount of 9.35% to the previous day’s closing price of Rs 861.30 on the BSE. The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined by the company… Read More