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GMS IN LUXURY HOTELS SALARY STRUCTURE
As hotels seek quality talent, salaries of senior roles see substantial jumpSenior hospitality executives, particularly general managers, have seen substantial pay increases due to market demand and talent shortages...- At 22, he built a gym machine in his garage. Now, the man behind the ‘Ferrari of fitness’ is looking to IndiaTechnogym founder Nerio Alessandri is looking to expand the Italian fitness and wellness company's presence in India, where fitness facilit...
- IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are sayingIHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel ma...
- This California city’s mayor declared rental emergency as rents soared 25% in 2026. Is AI to blame?San Francisco rents have jumped 25% in a year, with two-bedroom apartments topping $6,000 a month. As the mayor declares a rental emergency...
- IHCL reports revenue from operations of Rs 2484 cr for Q2, PAT at Rs 380 crIndian Hotels Company Limited has announced a revenue of Rs 2484 crore for the second quarter. The company expects to surpass its goal of a...
- Bird Group plans to double the business across all verticals by 2030Bird Group has signed a lease for developing a hotel on 12 acres in Shillong. The hospitality arm aims to increase its keys from 600 to app...
- Number of branded housing projects in India set to jump over 2-fold in 6 years: SavillsReal estate firms in India are anticipating a significant increase in branded residences by 2032. A report suggests nearly 25 ultra-luxury ...
- 'You Can See Everything': Who is Elizabeth Holmes' partner Billy Evans and what does he think of the controversial documentary?The A24 documentary 'You Can See Everything' tells the story of Elizabeth Holmes and her partner William Evans. Holmes, the founder of Ther...
- Salary up to Rs 25,000: EPFO reveals how you can enrol for EPF, EPS and ELDI schemesThe government recently raised the wage ceiling for the Employees' Provident Fund to Rs 25,000, allowing a broader range of workers to acce...
- Tiger Shroff Car: Is his BMW 3 Series Gran Limousine bulletproof? Check its safety featuresIs Tiger Shroff's BMW 3 Series Gran Limousine bulletproof? Check its safety features, including airbags, ABS, stability control and run-fla...
- Ventive Hospitality in talks to acquire 2-3 luxury hotelsVentive Hospitality, a joint venture between Panchshil Realty and Blackstone, is in discussions to acquire luxury hotels. The company aims ...
- US lawmakers propose raising H-1B salary threshold to nearly $140,000 for some workersIn a significant move, Republican lawmakers are advocating for a new bill that would raise the H-1B visa salary cap to almost $140,000, ref...
- China's luxury demand recovery may remain elusive, forcing global brands to rethink growth: Bernstein reportA report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors su...
- Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathyIndia's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen...
- In 2019, Todd Interests took over a vacant 52-story bank tower; a $450 million redevelopment turned it into a hotel, apartments and retail hubTodd Interests stepped in at a crucial time when the redevelopment had faced several delays. Before this, Drever Capital Management had pre...
- Leela reports operating revenue of Rs 412 cr in Q2FY27, PAT at Rs 95 crLeela Palaces Hotels & Resorts achieved a revenue of Rs 412 crore in quarter two of FY27. This reflects a 33% increase compared to the same...
- Shakira and Pink Floyd’s Roger Waters once owned a 650-acre private island in the Bahamas. Visioned to build boutique hotels and luxury apartments; now up for sale at $30 millionBonds Cay, a stunning private island in the Bahamas, is now available for sale at $30 million. Initially acquired by stars like Shakira and...
- ‘Mercedes on API salary’: Bombay HC questions Sachin Waze’s bail in Antilia caseOn Thursday, the Bombay High Court raised concerns regarding dismissed Assistant Police Inspector Sachin Waze's financial activities. Waze,...
- A 20,000-sq-ft Ibiza mansion, an estate with a 15-car garage: A look at soccer star Messi's $300 million real estate portfolioLionel Messi has retired from international soccer. He owns an expansive real estate portfolio across different countries worth nearly $300...
- EPS pension eligibility: Is EPS membership mandatory for you if your wages are Rs 25,000+? Check statusThe government has raised the wage limit for the Employees' Provident Fund from Rs 15,000 to Rs 25,000 monthly. This adjustment mandates th...
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