Wednesday, December 25, 2024

Hospitality

OYO turns profitable in FY24 with INR 229 Cr PAT, cutting employee costs by half

IPO-bound OYO turned profitable in the financial year 2023-24 (FY24) as it streamlined expenses and reduced employee costs. The unicorn reported a net profit...

Devrana unveils new express outlet in Imphal with INR 80 Lakh investment

Devrana has announced the launch of a new express outlet in Imphal, strategically positioned to offer convenient access to its premium vegetarian cuisine.Building on...

DreamFolks launches highway catering service across India

DreamFolks, India’s leading travel and lifestyle experiences company, is introducing a new highway dining service for travellers. This service will be accessible at more...

Royal Orchid Hotels anticipates 80% occupancy in H2 2024

After a sluggish first quarter, Royal Orchid Hotels Ltd. expects occupancy rates to rebound to around 80% in the third and fourth quarters, according...

Restaurant sector to rebound after tough Q1: Speciality Restaurants CMD Anjanmoy Chatterjee

The restaurant industry is expected to recover, buoyed by India's strong economic fundamentals, after facing temporary challenges in the first quarter, including high food...

IHCL introduces new Gateway brand, aims for 100 hotels by 2030

Indian Hotels Company Limited (IHCL) has unveiled the reimagined Gateway brand to capitalise on growth opportunities in metropolitan and tier II/III cities.N͏ew Hotel ͏͏͏in...

Royal Orchid Hotels to expand to 200 properties by FY27

Bengaluru-based Royal Orchid Hotels Ltd aims to expand its hotel network to 200 properties by FY27. The company plans to leverage the rising demand...

InterGlobe forays into Europe, opens boutique lifestyle Miiro Hotels in Paris, Barcelona

InterGlobe Enterprises, the largest shareholder of IndiGo airline, has launched its boutique lifestyle hotel Miiro in Paris and Barcelona. Neena Gupta, CEO of Miiro,...

Pret A Manger opens first South India outlet in Bengaluru

Pret A Manger, the UK-based fresh food and organic coffee chain, has launched its first outlet in South India, located in Bengaluru, as announced...

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