Friday, November 8, 2024

Hotels & Restaurants

Lite Bite Foods has opened its 23rd YOÜMEE outlet at Vegas Mall in Dwarka, marking the brand's exciting entry into the city centre. According to ET Hospitality, Rohit Aggarwal, co-founder and managing director of Lite Bite Foods,...
The Hosteller, a popular backpacker hostel chain, has secured INR 48 crore in funding. The investment is a combination of equity and debt, with INR 16 crore coming from Blacksoil as debt and the remainder from...

Brigade Hotel ltd seeks to raise INR 900 Cr via IPO, files DRHP to SEBI

Brigade Hotel Ventures Limited, a major private hotel asset owner in South India, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities...

TreeHouse Hotels introduces hi-way MOTELS, eyes growth

TreeHouse Hotels & Resorts, part of Karma Hospitality LLP, has introduced hi-way MOTELS. This new addition expands their brand portfolio, which already includes The...

Everstone Capital pauses plan to divest 13.17% stake in Restaurant Brands Asia

Everstone Capital has paused its plans to sell its 13.17% stake in Restaurant Brands Asia (formerly Burger King India). This decision came after talks...

OYO targets to secure $200 million for US expansion

Oravel Stays Ltd, parent company of OYO, recently bought Motel 6 and Studio 6, and is now in discussion to secure more investments to...

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

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

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

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

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

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

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

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

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...

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