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Tuesday, October 15, 2024

Hotels & Restaurants

Impresario plans 100 new SOCIAL outlets in 4-5 years, focuses on tech-driven expansion

Hospitality
Impresario Entertainment & Hospitality, known for brands such as SOCIAL, Smoke House Deli, and BOSS Burger, is set to expand into tier 2 and...

Burma Burma eyes IPO by 2027, plans to triple footprint and reach INR 300 Crore revenue

Hospitality
Vegetarian Burmese restaurant chain Burma Burma aims to go public with an IPO within the next three years, according to co-founders Chirag Chhajer and...

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

Hospitality
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

Hospitality
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

Hospitality
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

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

Radisson Hotel Group signs Glenview Resort in Kasauli, expanding presence in Himachal Pradesh

Hospitality
Radisson Hotel Group has expanded its footprint in Himachal Pradesh with the addition of Glenview Resort in Kasauli. This brings the group’s total to...

Udaipur sees surge in major hotel openings as tourist numbers hit new heights

Hospitality
Udaipur is experiencing a surge in hotel openings. The city of lakes, which saw a record two million tourists last year, is set to...

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

Hospitality
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

Hospitality
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

Hospitality
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

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