Hospitality
Ventive Hospitality Limited, a luxury hospitality company, has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).BRE Asia acquires Ventive Hospitality in 2017The company plans to issue equity...
India's hospitality industry is witnessing a significant surge in branded hotel rooms, with several Indian and global hotel chains expanding their presence in the country.Data shared by hospitality consultancy Hotelivate showed that at the start of...
Breaking News
Hospitality investment firm Fine Acers aims to manage INR 5,000 Cr in assets by 2027
Fine Acers, a company specialising in luxury resort investments, announced on Sunday that it aims to have assets under management worth INR 5,000 crore...
OYO founder Ritesh Agarwal increases stake with INR 550 Cr investment
Ritesh Agarwal, founder of hospitality giant OYO, is increasing his stake in the company with a INR 550 crore (around $65 million) investment. This...
IHG Hotels to expand in India with new Vignette Collection brand
IHG Hotels & Resorts is expanding its luxury presence in India with plans to introduce its Vignette Collection brand.IHG hotels operates 52 hotels, mainly...
Elan Group partners with AS Hotels to introduce luxury hotel Ramada Encore by Wyndham
Gurugram-based Elan Group has collaborated with AS Hotels & Residences Private Limited to launch Ramada Encore by Wyndham, a luxury hotel, at Elan Miracle...
SAMHI Hotels expands in Hyderabad with new long-term lease
SAMHI Hotels Limited has signed a long-term lease for a new upscale hotel with 170-175 rooms in Hyderabad, adding it to their portfolio.According to...
Tata Group’s IHCL signs contract with ‘The Claridges’, Delhi, eyes expansion
Tata Group's Indian Hotels Company Limited, the largest hospitality firm in India, will manage 'The Claridges' hotel starting in April 2025. This move aims...
Brown Living secures $300,000 funding, targets $50 bn sustainable goods market by 2030
Brown Living, a leading platform in India promoting sustainable and plastic-free living, secured pre-seed funding to boost its growth. The funding, led by Blink...
OYO posts 19.6% net profit rise to INR 158 Cr in Q2 FY25
OYO's parent company, Oravel Stays Ltd, has announced a net profit of INR 158 crore (approximately $19.5 million USD) for the July-September quarter. This...
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...
Gadda CO ties up with ‘Shaktimaan’ Mukesh Khanna as Brand Ambassador
GADDA CO has teamed up with Mukesh Khanna, the famous actor from Shaktimaan and Bhishma, as their brand ambassador highlighting their focus on quality...
Brown Living raises pre-seed funding to further sustainable living in India
Brown Living, a top platform in India for sustainable and plastic-free living, has raised pre-seed funding to make eco-friendly living the norm for millions...
OYO restructures leadership in key verticals to accelerate global growth
OYO, the hospitality unicorn, is shaking up its top leadership by promoting five executives in technology, product, strategy, operations, and distribution.First off, Sonal Sinha...