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Tuesday, October 15, 2024

Hospitality

OYO targets to secure $200 million for US expansion

Hospitality
Oravel Stays Ltd, parent company of OYO, recently bought Motel 6 and Studio 6, and is now in discussion to secure more investments to fuel its growth through acquisitions. This comes after its $525 million purchase...

Gadda CO ties up with ‘Shaktimaan’ Mukesh Khanna as Brand Ambassador

Hospitality
GADDA CO has teamed up with Mukesh Khanna, the famous actor from Shaktimaan and Bhishma, as their brand ambassador highlighting their focus on quality sleep solutions like mattresses and bedding essentials. Mukesh Khanna reiterates Gadda Co formula...

Brown Living raises pre-seed funding to further sustainable living in India

Hospitality
Brown Living, a top platform in India for sustainable and plastic-free living, has raised pre-seed funding to make eco-friendly living the norm for millions...

OYO restructures leadership in key verticals to accelerate global growth

Hospitality
OYO, the hospitality unicorn, is shaking up its top leadership by promoting five executives in technology, product, strategy, operations, and distribution. First off, Sonal Sinha...

Radisson Blu to organise theatrical fest ahead of Diwali, partners with Vino De Bella

Hospitality
Indian brands are now experimenting with arts and culture to offer customers different experiences during this festive season. Organising cultural events has become a...

Radisson group opens newly Svelte Delhi, a 108-Room Hotel

Hospitality
On Tuesday, October 8, Radisson Hotel Group announced the opening of Svelte Delhi, a Radisson Individuals member, making it the first of this brand...

Nationwide hotel occupancy reaches decade-high of 67.5% in 2023-24: Hotelivate Report

Hospitality
India's branded and organised hotel sector achieved a decade-high occupancy rate of 67.5% in 2023-2024, with an all-time record average daily rate of INR...

OYO acquires US chain Motel 6 in $525 Mn deal, eyes global expansion

Hospitality
Motel 6, the iconic budget hotel chain known for its long-standing presence along U.S. highways, is set to be acquired by OYO, an Indian...

Feastary Hospitality secures master Franchise for TGI Fridays in North India, plans revival with INR 50 Cr investment

Hospitality
Feastary Hospitality, a mid-sized hospitality company, has secured the master franchise rights for the global casual dining chain TGI Fridays in͏͏ North͏͏ India.͏͏ This͏͏...

Oberoi Group to exit UAE as management contract for Al Zorah Resort ends

Hospitality
Oberoi Group, the luxury hotel chain, will no longer manage The Oberoi Beach Resort, Al Zorah,͏͏ following͏͏ the͏͏ termination͏͏ of͏͏ its͏͏ contract͏͏ with͏͏ the͏͏...

abCoffee unveils mobile app for streamlined coffee ordering

Hospitality
abCoffee, the tech-driven grab-and-go coffee chain, has rolled out a new mobile app. W͏͏͏ith ͏͏just thr͏ee͏ ͏t͏ap͏͏s͏͏,͏ use͏͏͏͏rs c͏an ͏ord͏er the͏i͏͏r͏ ͏͏͏c͏o͏͏f͏͏fe͏͏e ͏and͏ acces͏s...

Starbucks expands into Bilaspur and Prayagraj, accelerates expansion across India

Hospitality
Starbucks i͏s ͏e͏xtend͏in͏g its͏ r͏et͏a͏il͏ r͏ea͏c͏h ͏i͏n ͏In͏d͏ia ͏b͏y ͏ina͏u͏gu͏r͏atin͏g i͏ts͏ fi͏rst͏ o͏u͏tlet͏s in͏ Bil͏a͏sp͏ur, C͏hhatti͏s͏ga͏r͏h, ͏an͏d ͏Pra͏yagr͏aj͏, Utta͏r Prad͏es͏h. ͏T͏h͏i͏s ͏in͏i͏tia͏ti͏ve is pa͏r͏t...

Taj Hotels becomes first Indian hospitality company to achieve INR 1 Lakh Cr market cap

Hospitality
St͏art͏ing ͏w͏i͏t͏h͏ a da͏i͏l͏y ͏ra͏t͏e of͏ IN͏R 6 ͏in 1͏903 at i͏ts͏ ͏in͏a͏ug͏ural͏ M͏umb͏ai (then B͏ombay) prop͏e͏r͏ty, Tat͏a G͏r͏oup͏’s ͏Taj͏ Ho͏tel͏s ͏h͏a͏s ͏now ͏achi͏eved...

Vintage Coffee launches first Premium Café Lounge in Navi Mumbai

Hospitality
Vintage Coffee Private Limited, a fully owned subsidiary of the BSE-listed Vintage Coffee and Beverages Limited, has launched its first Premium Café Lounge in...
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