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Tuesday, October 15, 2024

Hotels & Restaurants

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...

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 hotel operator,͏͏ according͏͏ to͏͏ the͏͏ companies'͏͏ announcement. All-Cash͏͏ Deal͏͏ Expected͏͏ to͏͏ Finalize͏͏ by͏͏...

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...

Dine-out chains in India expect 25-30% sales surge in festive season after slow start to year

Hospitality
Large dine-out chains in India are anticipating a rise in footfalls during the October-December festive season following two consecutive quarters of sluggish sales. ͏͏͏Dem͏an͏͏d͏͏ Dec͏lin͏e...

Radisson Blu Guwahati to expand with 85 new rooms and 10,000 square feet

Hospitality
Radisson Blu Guwahati is expanding with 85 new rooms and an additional 10,000 square feet of space. The hotel currently offers 196 rooms. It has...

Barista Coffee marks milestone with 450th café in Himachal Pradesh, eyes expansion in tier II and III markets

Hospitality
Barista Coffee, a leading player in India's coffee industry, has reached a significant milestone by opening its 450th café in Kandaghat, Himachal Pradesh. This...

Aspect Hospitality brings Barcelona’s Brunch & Cake to Mumbai; partners with Dubai’s global restaurants for expansion

Hospitality
Aspect Hospitality is set to introduce Brunch & Cake to Mumbai, with its new location at Raheja Altimus, Lower Parel. This launch represents a major...

Reliance Brands unveils India’s first Armani/Caffè at Jio World Plaza

Hospitality
Reliance Brands Ltd. (RBL), the global brand arm of Reliance Industries, has launched India’s first Armani/Caffè at Jio World Plaza, Mumbai’s largest luxury mall...

Costa Coffee unveils Autumn Maple Hazel menu in India

Hospitality
Costa Coffee, a brand of The Coca-Cola Company, has launched its new Maple Hazel menu for autumn in India. As the season drapes nature...
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