Friday, November 8, 2024

hotel

The Leela Hotels announces foray into Northeast India with luxury property in Sikkim

News
The Leela Palaces, Hotels and Resorts, a prominent luxury hotel brand in India, has recently announced the signing of a management agreement for a...

Taj group’s iconic Bombay Brasserie to make a standalone debut in Singapore

News
Taj Hotel's Bombay Brasserie, the exclusive restaurant brand of an Indian hotel currently with a standalone presence abroad, is set to open in Singapore...

Wyndham to introduce Vienna House in India, eyes 100 Hotels by 2025

News
US-based Wyndham Hotels & Resorts is gearing up to introduce its European brand, Vienna House, to the Indian market by mid-next year. With ambitious...

Indian hotels capitalizing on high demand despite dipping occupancy, steers focus on revenue

News
Hotel chains remain unconcerned about a decline in occupancy rates, directing their attention towards bolstering revenue through market absorption of increased rates. According to a...

Hectic lifestyles trigger a surge in demand for processed tomato products

News
Employed individuals, hotel staff, as well as chefs and cooks, are increasingly leaning towards using crushed and deseeded tomatoes for convenient and rapid cooking. Horticulture...

Hotel industry set for remarkable growth: JM Financial forecasts robust FY24, steady progress in FY25

News
According to a report by JM Financial Institutional Securities, the latter part of FY24 is anticipated to mark one of the most robust periods...

IHG and Saryu Properties team up to transform two Mumbai hotels

News
IHG Hotels & Resorts, a prominent global hotel company, recently entered into a management agreement with Saryu Properties Hotels Pvt Ltd (a part of...

Delhi excise department invites applications for new HCR licences ahead of policy expiry

News
The Delhi government excise department has invited applications for hotel, club and restaurant licences, ahead of the expiry of the existing excise policy on...

Leisure Hotels Group expands presence in Uttarakhand with stunning Suvaasa resort

News
Leisure Hotels Group (LHG), the resort chain in Uttarakhand, has introduced Suvaasa as the latest addition to its expanding collection of 28 hotels. Located in...

ITC board gives nod to hotel business demerger plan; listing expected in 15 months

News
On Monday, the ITC board granted its approval to a proposed arrangement that entails the separation of its hospitality business. According to this scheme,...

Delhi government simplifies HCR license process, boosting hospitality sector with reduced red tape

News
The Delhi government has taken a step to streamline the issuance of hotel, club, and restaurant (HCR) category licenses through its Excise department, aiming...

ITC board approves hotel business demerger, expects ROCE to improve significantly

News
On Monday, the board of ITC granted preliminary approval for the demerger of its hotel business, establishing a new independent entity. Remarkably, this move...
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