Hospitality
Breaking News
Tivoli Group Launches The Tivoli in Chattarpur, Expanding Its Luxury Portfolio
Tivoli Group has opened its first five-star hotel, The Tivoli, in Chattarpur, Delhi. This marks a major step in the company’s growth strategy, positioning...
Ventive Hospitality receives SEBI’s nod for INR 2,000 Cr IPO
Ventive Hospitality Limited, a luxury hospitality company, has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering...
Hotel brands to add 94,000 rooms across segments by 2028-29
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...
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...