Monday, November 4, 2024

Hotels

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 is also on track to become profitable by the end of its...
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,͏͏ chairman͏͏ of͏͏ Marriott͏͏ International,͏͏ stated͏͏ that͏͏ there͏͏ is͏͏ significant͏͏ potential͏͏ to͏͏ expand͏͏...

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...

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...

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...

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