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Adani Airports now holds 74% stake in Mumbai Airport

Adani Airport Holdings Limited (AAHL), the flagship holding company of Adani Group for its airports business, has acquired 23.5% equity stake in Mumbai International Airport Limited (MIAL) from ACSA Global Limited and Bid Services Division (Mauritius) Limited. This makes AAHL’s total stake in MIAL touch 74%, having earlier acquired the entire 50.5% cent stake of the GVK group in Mumbai Airport.

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IHG presents 16 brands under 4 ‘Collections’

InterContinental Hotels Group (IHG) has headed into year 2021 by refreshing its identity, moving from IHG to IHG Hotels & Resorts and giving a makeover to its visual identity as well. It is also now presenting its 16 brands under four collections, namely ‘The Luxury and Lifestyle Collection’, ‘The Premium Collection’, ‘The Essentials Collection’, and ‘The Suites Collection’.

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MoCA mulls reinstating tourist visa and privatising more airports

MoCA is in talks with various others ministries – Home Affairs, Health, and External Affairs – for restarting the tourist visa. It has also revealed that AAI will privatise 6-10 more airports April onwards. Pradeep Singh Kharola, Secretary, MoCA, says that the government will look to club profitable airports with loss-making ones during the sale process.

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Maharashtra tourism department to host cultural festivals in 6 regions

Maharashtra’s tourism department has announced 20 mini festivals across six regions of the state – Konkan, Pune, Nashik, Aurangabad, Amravati and Nagpur – in Feb and Mar. An amount of Rs100 lakh has also been earmarked for organising these festivals that will provide tourists an opportunity to celebrate the cultural heritage tourism of Maharashtra.

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