Page 3 of hospitality

Radisson Hotel Group, new hotels, expansion, hospitality industry

Radisson Hotel Group announces signing of 10 new hotels in South Asia

Radisson Hotel Group has signed 10 new hotels across brands, including Radisson Blu, Radisson, Radisson Individuals, and its brand extension…

June 26, 2024 13:18 IST

Empowering Leadership: Women pioneering change in India’s hospitality sector

These narratives of women in hospitality transcend individual achievements, emblematic of a larger movement towards inclusivity and equality within professional…

Updated: August 27, 2024 17:08 IST

The investment is being made through Compulsory Convertible Cumulative Preference Shares, each priced at Rs 29

Oyo plans to raise funds at 60% valuation cut

‘Oyo has also been approached by friendly investors and may do a small equity round at a $3-4 billion valuation,…

May 23, 2024 02:15 IST

Radisson Hotel Group, hotel industry, hospitality, Mandrem Beach Resort

Radisson Hotel Group unveils Mandrem Beach Resort in Goa

“We remain committed to catering to the mounting demand for premium experiences with offerings like Radisson Individuals Retreats and growing…

May 15, 2024 15:34 IST

Other Mumbai-based companies such as Oberoi Realty and Tata Realty & Infrastructure are also opening new premium hotels In the city.

Phoenix to build hotels near Mumbai, Bengaluru

The company currently runs a St Regis property in Lower Parel area of Mumbai and Courtyard by Marriott in Agra.

May 13, 2024 03:30 IST

ITC Hotels, Colombia, Hospitality Industry, Sri Lanka, Hotel Brands,

ITC Hotels makes first overseas check-in with Colombo property

Slated to open in 2017 after the groundbreaking took place in November 2014, the hotel finally opened its doors in…

April 26, 2024 03:00 IST

The Tata group company’s board also recommended a dividend of Rs 1.75 per share.

Indian Hotels net rises 27.3% to Rs 418 crore

In comparison, the operator of Taj brand of hotels, had posted a net profit of Rs 328 crore for the…

Updated: April 25, 2024 00:27 IST

real estate, Brigade Enterprises, presales, sales volume, collections, occupancy, residential vertical, commercial segment, hospitality, new launches

Brigade Enterprises posts presales of Rs 6,013 crore during FY24, collections at Rs 5,915 crore

Under the operational leasing portfolio, Brigade Enterprises said that the leasing grew by 14 per cent YoY with 1 million…

April 17, 2024 09:59 IST

hotel industry, hospitality industry, RevPAR growth, ARR growth, occupancy, expansion, new hotel signings, room addition, business travel, leisure travel

Business travel boosts hotel room rates in India; See all details of what’s driving the uptick

ICICI Securities said that March 2024 is expected to report double digit YoY RevPAR growth and FY24E is expected to…

April 11, 2024 11:26 IST

hospitality industry, artificial intelligence, technology, environmental consciousness, hybrid hospitality, occupancy rates, experiential travel, automation, IoT devices, Sustainability

India’s thriving hospitality economy: 2024 trends shaping the future of the industry

The hospitality industry is increasingly incorporating automated systems such as self-service kiosks and virtual concierge services. These innovations streamline operations,…

March 30, 2024 16:13 IST

FHRAI, hotel industry, hospitality industry, DGFT, Ministry of Tourism, EXIM policy, foreign contribution, Foreign Trade Policy

FHRAI seeks relief for hospitality sector from DGFT’s secondary conditions

FHRAI has advocated for relief for the hospitality sector through persistent representations to the Ministry of Tourism and DGFT since…

March 29, 2024 11:57 IST

Radisson Hotel Group, appointment, Managing Director, hotel industry, hospitality, work experience, leadership team

Radisson Hotel Group appoints Nikhil Sharma as Managing Director and ASVP for South Asia

Radisson Hotel Group has appointed Nikhil Sharma as the Managing Director and Area Senior Vice President (ASVP) for South Asia.…

March 20, 2024 12:13 IST

Up and about for the long weekend: Hospitality, travel industry braces for higher demand during Holi week, ARRs surge

Hotels across top leisure destinations like Goa, Jaipur, Srinagar, Guwahati, Port Blair, among others are reporting surge in room bookings…

March 16, 2024 17:33 IST

Radisson Hotel Group, Padma Eastern Hotels, hotel industry, partnership, expansion plans, spiritual destinations

Radisson Hotel Group partners with Padma Eastern Hotels, signs its first hotel in Odisha

“The signing of our first hotel in Odisha, Pramod Lands End Resort, a member of Radisson Individuals, stands as a…

March 14, 2024 13:36 IST

ibis Hotels, ibis & ibis Styles India, revenue growth, hotel network, hospitality, joint venture, hotel industry, operating performance, RevPAR, occupancy, ARR, marketing initiatives, travel & tourism market

ibis & ibis Styles India posted 10% growth YoY, outlook for next quarter and financial year remains positive, says Tejus Jose

ibis Hotels is poised to surpass the revenue figures achieved in 2023, showcasing the effectiveness of strategic initiatives and market…

March 11, 2024 11:18 IST

Decoding hospitality education in Delhi-NCR: A comprehensive guide to institutes, courses, fees, eligibility

This comprehensive guide aims to provide essential information on the various courses offered by numerous institutions in the Delhi-NCR region.

March 7, 2024 08:00 IST

FHRAI, hospitality industry, CETH, tourism industry, research papers, policy dialogues, hospitality education

FHRAI unveils long term vision plan, announces plans to launch Centre of Excellence in Tourism and Hospitality

FHRAI’s vision for 2024 encompasses the establishment of the Centre of Excellence in Tourism and Hospitality (CETH), envisioned as a…

February 28, 2024 11:20 IST

hotel industry, revenue growth, ARR, occupancy, expansion plans, domestic tourism, demand, consumer sentiments, macroeconomic environment, premium hotels, margins

Hotel industry expected to post 7-9% revenue growth in FY2025, ARRs to converge towards FY2008 peak, says ICRA

Pan-India premium hotel average room rates (ARRs) are expected to go up to ~Rs 7,200- Rs 7,400 in FY2024 and…

February 20, 2024 16:12 IST

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