Hospitality
Breaking News
Taj Hotels becomes first Indian hospitality company to achieve INR 1 Lakh Cr market cap
St͏art͏ing ͏w͏i͏t͏h͏ a da͏i͏l͏y ͏ra͏t͏e of͏ IN͏R 6 ͏in 1͏903 at i͏ts͏ ͏in͏a͏ug͏ural͏ M͏umb͏ai (then B͏ombay) prop͏e͏r͏ty, Tat͏a G͏r͏oup͏’s ͏Taj͏ Ho͏tel͏s ͏h͏a͏s ͏now ͏achi͏eved...
Radisson Blu Guwahati to expand with 85 new rooms and 10,000 square feet
Radisson Blu Guwahati is expanding with 85 new rooms and an additional 10,000 square feet of space.The hotel currently offers 196 rooms. It has...
Royal Orchid Hotels anticipates 80% occupancy in H2 2024
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
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
Udaipur is experiencing a surge in hotel openings. The city of lakes, which saw a record two million tourists last year, is set to...
IHCL introduces new Gateway brand, aims for 100 hotels by 2030
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
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...
OYO eyes 3x increase in net profit to INR 700 Cr for FY25
OYO, the hospitality and travel tech platform, is targeting a threefold increase in its profit after tax (PAT) to INR 700 crore for the...
Wyndham to open first luxury hotel in India with Wyndham Grand Udaipur; plans expansion with new brands and strategic alliances
Wyndham, the world's largest hotel franchising company, will debut its first luxury property in India with the Wyndham Grand in Udaipur next year. The...
Hospitality sector to see 29% investment growth, reaching $436 Mn this year: JLL
India's hospitality sector is projected to attract $436 million in investments by year-end, marking a 29% increase from last year and the highest since...
IHCL to invest heavily in new ventures, targets 35-50% annual growth
Tata Group-backed Indian Hotels Company (IHCL) is investing heavily in its new ventures, expecting annual growth of 35-50%. The company is also exploring an...
OYO acquires Paris-based rental company Checkmyguest for $27.4 Mn
J͏ust͏ d͏ay͏s ͏after r͏ai͏s͏i͏n͏g ͏͏INR 1,457 cror͏e͏ (ap͏p͏roxi͏͏mate͏ly͏͏ $1͏͏75 ͏m͏ill͏ion) in a do͏wn ͏roun͏d͏, ͏hospitality giant OYO has rep͏or͏te͏dly acqui͏red Paris-based premium rental homes...