Hospitality
Breaking News
OYO executives hold talks with SEBI to expedite IPO approval process
According to reports, the lead bankers and senior executives of hospitality unicorn OYO have met with officials from the Securities and Exchange Board of...
IPO-bound OYO’s Q3 FY24 profit doubles QoQ to INR 30 Cr
OYO, the IPO-bound hospitality unicorn, achieved its second consecutive profitable quarter in Q3 of the financial year 2023-24 (FY24), doubling its profit after tax...
India’s hospitality sector records 15.8% year-on-year RevPAR growth in Q4 2023: JLL Report
According to JLL's Hotel Momentum India (HMI) Q4 2023 report released on Friday, the Indian hospitality sector saw continued year-on-year growth in performance in...
IHCL expands presence in Assam with first Ginger Hotel in Dibrugarh
Indian Hotels Company (IHCL), the hospitality firm, recently announced the signing of its first hotel in Dibrugarh, Assam, operating under the Ginger brand.The hotel...
Lemon Tree Hotels embarks on massive expansion plan: 30 new properties nationwide, including debut in Bhutan and expansion into Nepal
Lemon Tree Hotels is set to unveil 30 fresh properties across the nation within the current calendar year, potentially augmenting its capacity by over...
Ajeenkya DY Patil University brings Young Chef Young Waiter Competition 2024 to India, fostering next-gen hospitality stars
Ajeenkya DY Patil University (ADYPU), renowned for its commitment to cultivating budding talents through top-tier education, organized the inauguration of the highly esteemed Young...
FHRAI seeks infrastructure status, simplified approvals, and GST reduction in pre-budget proposals for India’s hospitality sector
On Wednesday, the Federation of Hotel & Restaurant Associations of India (FHRAI) outlined a series of pre-budget expectations with the goal of reshaping the...
IHCL expands portfolio with third hotel signing in Ayodhya
The Indian Hotels Company (IHCL) announced the signing of its third hotel in Ayodhya, Uttar Pradesh. According to a company statement, this brownfield project...
Ferns N Petals’ Udman Hotels sets bold growth agenda: Plans to expand through 50 new hotels
Udman Hotels, the hospitality division of Ferns N Petals, has announced plans to broaden its presence in the hospitality sector by establishing 50 new...
Oyo boosts hospitality in Ayodhya with inauguration of 65 hotels and homestays ahead of Ram Temple consecration
Days ahead of the consecration of the Ram Temple, Oyo, a budget hospitality chain, announced on Wednesday the inauguration of 65 hotels and homestays...
HRAWI and Ingram Micro collaborate to drive digital transformation in hospitality sector
The Hotel & Restaurant Association of Western India (HRAWI) has signed a Memorandum of Understanding (MoU) with Ingram Micro India, a subsidiary of the...
Oyo to open 400 properties in major spiritual hotspots amidst growing demand for spiritual tourism
Oyo, the budget hospitality chain, announced on Monday its ambitious plan to unveil 400 new properties in major spiritual hotspots across the country. This...