1.Hotel Leela Palace, promoted by Hotel Leelaventure has entered into a sales and marketing agreement with US-based Preferred Hotel Group in a bid to increase brand awareness, reservations via the American firm's 29 global sales offices.
According to reports, with this tie-up, Hotel Leela seeks to lure more business customers from the US corporate world. The tie-up will also give the company acces to Preferred Hotel's travel managers in the US, Singapore and Australia.
Preferred Hotel plans to take the total number of hotels under its sales and marketing agreement in India from the present seven to 25 by the end of this year, making India its third largest market after the US and Europe.
since it has been hammered 50% i think it is a good buy. please post your replies.
According to reports, with this tie-up, Hotel Leela seeks to lure more business customers from the US corporate world. The tie-up will also give the company acces to Preferred Hotel's travel managers in the US, Singapore and Australia.
Preferred Hotel plans to take the total number of hotels under its sales and marketing agreement in India from the present seven to 25 by the end of this year, making India its third largest market after the US and Europe.
since it has been hammered 50% i think it is a good buy. please post your replies.