Hospitality
Breaking News
SoftBank-backed hospitality giant OYO withdraws IPO documents, shifts focus to $450M bond sale
OYO, a Delhi NCR-based hospitality unicorn, has officially withdrawn its IPO (initial public offering) documents from the market regulator SEBI. According to the SEBI...
OYO in talks with family offices to raise $90 Million in down round
OYO, a major player in the hospitality industry, is reportedly in talks to raise a down round at a valuation of $2.3 billion, down...
Radisson expands presence in Goa with new Mandrem Beach Resort
Radisson Hotel Group has opened Mandrem Beach Resort, marking the newest addition to its Radisson Individual Retreats in Goa.Situated approximately 28 kilometers from Manohar...
Oyo to resubmit IPO papers following $450 Million refinancing for Term Loan B
Oyo, a SoftBank-backed hospitality and travel-tech firm, is reportedly preparing to refile the draft papers for its much-anticipated initial public offering (IPO) as the...
IHCL to launch over 50 new hotels in next two years
Indian Hotels Company Ltd (IHCL) is set to continue its expansion drive, with plans to open over 50 hotels across its various brands in...
Hotel industry on hiring spree, set to create about 100,000 jobs in next 12-18 months
Hotel operators, who previously slashed jobs in large numbers during the Covid era, are now re-entering the market with vigor, hiring thousands to support...
From sparkling wines to spa treatments: Indian hotels roll out deluxe offers for business travelers
The Courtyard by Marriott Aravali Resort is embracing #BusinessNotasUsual, rolling out exclusive offers tailored for its esteemed corporate clients. Meanwhile, the Four Seasons Mumbai...
IHCL expands partnership with CG Hospitality, sets sights on 25 hotels in Indian sub-continent by 2025
Indian Hotels Company (IHCL) has announced a strategic alliance with CG Hospitality, with the aim of expanding its portfolio within the Indian sub-continent. Their...
IHCL continues expansion in Indore with fifth hotel signing
Indian Hotels Company (IHCL) has announced the signing of a fresh hotel venture in Indore, Madhya Pradesh. This brownfield project will bear the Vivanta...
Sarovar Hotels expands footprint in Jaipur with grand opening of V Sarovar Portico
Sarovar Hotels has expanded its presence in Jaipur with the opening of V Sarovar Portico, its sixth establishment in the bustling city. Positioned strategically...
Minor Hotels set to expand presence in India, targeting 50 new openings in the next decade
Minor Hotels, a global hotel owner and operator boasting over 540 properties in 56 countries, is planning to expand its presence in the Indian...
Fortune Hotels charts course for rapid expansion, targets new hotel every month in FY25
Fortune Hotels, under the umbrella of ITC's hotel group, is gearing up to launch a new hotel every month in the ongoing financial year,...