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OYO reports first profitable fiscal year with INR 100 Cr net earnings; founder Ritesh Agarwal eyes global growth
OYO, the hospitality and travel tech platform, reported its first profitable fiscal year in 2023-24 with a net earning of nearly INR 100 crore,...
ITC Hotels partners with Dangayach Group to launch Storii resort in Jaisalmer, Rajasthan
ITC Hotels has entered into a management agreement with the Jaipur-based Dangayach Group for a property, operating under the Storii brand, located in Jaisalmer,...
Radisson Hotel Group makes debut in Bihar, operations set to begin in Q4 2027
Radisson Hotel Group has inked a deal for its inaugural establishment in Bihar—Radisson Hotel Patna—joining forces with Naturals Dairy Private Limited. Anticipated to commence...
IHCL expands portfolio with debut of 86-key Ginger Hotel in Nagpur
The Indian Hotels Company Ltd (IHCL) has unveiled an 86-key Ginger hotel in Nagpur. The Ginger Nagpur Airport Road hotel is part of a...
Competition watchdog approves ITC Hotel’s demerger plan
The Competition Commission of India (CCI) has given the green light to the demerger of ITC Ltd's hotel business into a separate entity.Once the...
Radisson Hotel Group to rapidly expand presence in India, targeting a new hotel every 20 days
Radisson Hotel Group, the second largest international chain in India by hotel network and room inventory, is set to open a new hotel every...
Despite strong sales growth, Starbucks India logs INR 81.84 Crore losses
Starbucks, a US-based coffee chain, reported a 12% growth in sales to INR 1,218 crore, but losses widened to INR 81.84 crore for its...
Renowned Rameshwaram Cafe introduces ‘Rameshwaram On Wheels’ food truck
Despite a recent bomb blast on March 1, the renowned Rameshwaram Cafe in Bangalore remains resilient, showcasing innovation with the introduction of a new...
McDonald’s North and East aims for 100+ McCafe stores by year’s end
McDonald’s North and East is set to expand its McCafe stores to over 100 by the end of this year, as stated by Rajeev...
Virat Kohli-backed One8 Commune to expand with INR 35 Cr investment, doubling outlets by FY25; eyes international expansion
Virat Kohli-backed restaurant chain, One8 Commune, is planning to invest approximately INR 35 crore to more than double its outlets by FY25, as shared...
Indian hospitality sector sees 11.4% YoY RevPAR growth in Q1 2024: JLL Report
The hospitality industry in India saw another year of steady growth in the performance during the January-March quarter of this year. This was largely...
Pret A Manger expands footprint in India with new outlet launch in Delhi’s upscale Khan Market
Pret A Manger, the renowned food and organic coffee chain, has unveiled its new outlet in Delhi, as announced in a social media post...