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ICRA forecasts 7-9% revenue growth for Indian hotel industry in FY25
According to a report by credit rating firm ICRA, the Indian hotel industry anticipates a revenue growth of seven to nine per cent in...
Hotel association calls for GST reform, seeks 5% rate for in-house restaurants
Hoteliers in the western region, under the banner of the Hotel And Restaurant Association (Western India) – HRAWI, have urged the government to de-link...
Mahindra Holidays explores resort expansion across multiple Indian states
Mahindra Holidays & Resorts has entered into an agreement with the Andhra Pradesh government to invest INR 500 crore in the state. Additionally, the...
Haldiram’s continues expansion in Hyderabad with inauguration of 10th QSR in Begumpet
Haldiram’s, one of the most trusted and renowned brands in the Indian culinary landscape, has further solidified its presence in Hyderabad with the inauguration...
Oyo launches Wizard Shark loyalty program following Ritesh Agarwal’s Shark Tank appearance
On Wednesday, Oyo announced the introduction of Wizard Shark, a novel 'limited-edition' loyalty program. This initiative comes on the heels of its founder and...
Radisson Blu, Kaushambi sets the bar high with a series of dynamic events and culinary delights throughout January
Radisson Blu, Kaushambi, known for its dedication to superior hospitality and innovative event coordination, successfully executed a range of dynamic and captivating events throughout...
Radisson partners with EaseMyTrip and Jeewani Group for second hotel venture in Ayodhya
Radisson Hotel Group on Tuesday announced its plans for a 150-room Radisson Blu Hotel in Ayodhya. Teaming up with EaseMyTrip and Jeewani Group, the...
Hotels set to achieve 11-13% revenue growth in next fiscal despite high base: CRISIL Ratings
According to a recent CRISIL Ratings analysis of branded hotel companies with 70,000 rooms across categories, the hospitality industry in India is poised for...
Marriott International and Oberoi Realty partner to elevate Mumbai’s hospitality landscape with flagship hotels
Marriott International has partnered with Oberoi Realty Ltd to bring the Marriott Hotels flagship brand and its JW Marriott portfolio to Mumbai. Scheduled to...
Juniper Hotels sets price band for INR 1,800 Crore IPO at INR 342-360 per share; subscription opens Feb 21
Luxury hotel developer Juniper Hotels, which runs properties under the Hyatt chain in India, has set the price band for its public issue at...
Juniper hotels to kick off INR 1,800 Crore IPO on February 21
Juniper Hotels, operating hotels under the "Hyatt" brand, has unveiled details regarding its inaugural public offering. The offering, valued at INR 1,800 crore, will...
IHCL expands brand portfolio with Ambuja Neotia Group’s Tree of Life Resorts & Hotels acquisition
Tata Group backed Indian Hotels Company Limited (IHCL) has expanded its brand portfolio through a 'strategic alliance' with Kolkata's Ambuja Neotia Group for Tree...