Breaking News
SoftBank-backed hospitality giant OYO withdraws IPO documents, shifts focus to $450M bond sale
OYO, a Delhi NCR-based hospitality unicorn, has officially withdrawn its IPO (initial public offering) documents from the market regulator SEBI. According to the SEBI...
OYO in talks with family offices to raise $90 Million in down round
OYO, a major player in the hospitality industry, is reportedly in talks to raise a down round at a valuation of $2.3 billion, down...
Radisson expands presence in Goa with new Mandrem Beach Resort
Radisson Hotel Group has opened Mandrem Beach Resort, marking the newest addition to its Radisson Individual Retreats in Goa.Situated approximately 28 kilometers from Manohar...
Starbucks continues expansion in India, opens its first outlet in Manali
Starbucks, the US-based coffee chain, has opened its first outlet in Manali, as revealed in a social media post by a top company executive.This...
Oyo to resubmit IPO papers following $450 Million refinancing for Term Loan B
Oyo, a SoftBank-backed hospitality and travel-tech firm, is reportedly preparing to refile the draft papers for its much-anticipated initial public offering (IPO) as the...
IHCL to launch over 50 new hotels in next two years
Indian Hotels Company Ltd (IHCL) is set to continue its expansion drive, with plans to open over 50 hotels across its various brands in...
Hotel industry on hiring spree, set to create about 100,000 jobs in next 12-18 months
Hotel operators, who previously slashed jobs in large numbers during the Covid era, are now re-entering the market with vigor, hiring thousands to support...
Beyondburg expands to Bangalore, bringing delectable smash burgers to the city!
After successful ventures in Kochi and Kozhikode, Beyondburg Inc., renowned for its mouthwatering smash burgers and steadfast commitment to sustainability, is now expanding into...
Chili’s Grill & Bar expands presence in India with new outlet launch in Ahmedabad
Chili’s Grill and Bar, a Texas-based casual dining restaurant company, has opened a new outlet in Ahmedabad, as announced in a recent social media...
Mumbai restaurants to offer 20% ‘Democracy Discount’ to voters on May 20 & 21
A group of eateries in Mumbai have announced a 20% discount on the total dine-in bill value for May 20th and 21st for local...
Namaskara Meals unveils six Gurgaon outlets, plans to expand to 20 locations
Namaskara, the latest addition to India's vibrant street food culture, has launched its operations in Gurgaon with six locations, aiming to redefine the everyday...
Restaurants and food aggregators hit all-time highs on Mother’s Day
Restaurant owners across all formats, be it fine dining, casual dining, or food aggregator platforms, reported an unprecedented surge in diners on Mother's Day,...