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APRIL TO JUNE QUARTER HOTEL PERFORMANCE
The crypto-treasury dream unravels after a 90% stock plungeReserveOne had agreed to combine with M3-Brigade Acquisition V Corp., a special-purpose acquisition company, or SPAC, whose sole purpose is...- RBI MPC minutes: 'Energy prices unlikely to return to pre-conflict levels,' says economist Saugata BhattacharyaThe Reserve Bank of India's Monetary Policy Committee maintained the repo rate at 5.25% with a neutral stance. External member Saugata Bhat...
- Delhi HC agrees to examine Sir Sobha Singh & Sons' appeal in ambassador hotel matter; records centre's assurance on eviction proceedingsThe Delhi High Court will hear an appeal from Sir Sobha Singh & Sons Private Limited. The case involves a long-running property dispute wit...
- Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...
- US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
- Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
- Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...
- TSC India announces expansion into hotels and visa servicesJalandhar-based TSC India Ltd has expanded its travel services platform by entering the hotels and visa segments. The company acquired GITH...
- IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
- DS Group to launch Marriott International’s W Hotels brand in Delhi NCRDS Group is launching a 200-room W Hotels property in Delhi NCR in 2027, investing Rs 400 crore. This expansion increases their hospitality...
- FIFA 2026: Hotel boom fails to kick off as overseas demand hit by migration rules, ticket prices, airfaresIndian-origin hoteliers in the US report subdued international interest for the football World Cup, citing stricter immigration policies, h...
- Jharkhand Rajya Sabha poll NDA moves MLAs to hotel; INDIA Bloc meets at CM houseWith the Rajya Sabha elections looming on June 18, political parties in Jharkhand are strategically securing their MLAs. In a bid to stave ...
- TDI Infratech to invest Rs 75 cr in upcoming Ramada hotel in HaryanaTDI Infratech is pouring Rs 75 crore into an opulent hotel project in Panipat, Haryana, set to bolster the region's hospitality scene. The ...
- 'Khan Sir got my brother murdered': All about rival tutor Raushan Anand's allegations and the mysterious death of Prince YadavA Patna educator, Khan Sir, faces accusations from a rival coaching operator, Raushan Anand, who claims Khan orchestrated the death of Anan...
- New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
- WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...
- PM Modi arrives in France for G7 summit, receives warm welcomePrime Minister Narendra Modi arrived in Nice, France. He was welcomed by the Indian diaspora with cultural performances. Traditional Indian...
- Nasdaq-100 drops Cognizant, adds AI-focused firms Astera, CoreWeave in quarterly reshuffleCognizant Technology Solutions will be removed from the Nasdaq-100 index on June 22 after more than two decades. The reshuffle sees AI-focu...
- India among Marriott's fastest-growing markets; footprint to double in 5 yearsMarriott International sees India as a key growth market. The company plans to double its hotel presence in India within five years. This e...
- Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...
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