Hotels
Ritesh Agarwal, founder of hospitality giant OYO, is increasing his stake in the company with a INR 550 crore (around $65 million) investment. This move will boost Agarwal's shareholding from 30% to 32%, according to sources...
Burger & Lobster, a globally renowned seafood concept, is set to make its Indian debut with a pop-up at Grappa Bar, Shangri-La Eros New Delhi, starting November 15, 2024.Founded in London in 2011 by four friends,...
Breaking News
Eco Hotels adds three more properties, targets profitability by next FY
Eco Hotels and Resorts has acquired three more eco-friendly properties, taking the count to 178 rooms in the books of the company. The company...
Marriott International sees future growth in India’s untapped regional markets
Marriott International, the world’s largest hospitality company by room count, anticipates significant growth in India, its fifth-largest market.Untapped͏͏ Markets͏͏ on͏͏ the͏͏ Radar:David͏͏ S.͏͏ Marriott,͏͏...
SAMHI strengthens portfolio with acquisition of Innmar Tourism and Hotels
Branded hotel ownership and asset management platform SAMHI has successfully finalized the Share Purchase Agreement (“SPA”) for the acquisition of Innmar Tourism and Hotels...
Indian hospitality sector’s revenue per available room set to grow by 8-9% in FY25
The Indian hospitality sector is experiencing significant growth, with a report indicating that revenue per available room is projected to increase by around 8-9...
EaseMyTrip signs exclusive deal with PhonePe for hotel listings
Following the sale of half of his stake for INR 920 crore by cofounder and CEO Nishant Pitti, online travel aggregator Easemytrip has announced...
Indian Hotels Company to launch Vivanta and Ginger Hotels in Tamil Nadu’s Hosur
The Indian Hotels Company Ltd, known for its iconic Taj brand,͏͏ has͏͏ announced͏͏ the͏͏ launch͏͏ of͏͏ two͏͏ greenfield͏͏ projects͏͏ in͏͏ Tamil͏͏ Nadu.͏͏ The͏͏ developments͏͏...
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...