The Delhi-based company, which recently secured $4 million (about Rs 33 crore ) in series A funding, currently operates eight properties an...

In an asset-light model, instead of owning properties, hotel companies adopt the franchise route thereby reducing capital investment. Betwe...

In an asset light model, instead of owning properties, hotel companies adopt franchise route thereby reducing capital investment. Between F...

The share of hotel rooms in the tier-II and tier-III cities increased to 38% of the total inventory at the end of 2022 from 33% four years ...

The share of hotel rooms in the tier-II and tier-III cities increased to 38% of the total inventory at the end of 2022 from 33% four years ...

ARR should continue to inch higher, thereby boosting RevPAR. We anticipate robust growth to remain intact across hotels in FY24, aided by: ...

According to the latest research by hospitality research firm HVS Anarock, revenue per available room (RevPAR) was between ₹3,696 and ₹3,94...

ITC Hotels chief executive Anil Chadha said going by the current trend and surge in domestic traffic, bookings are expected to continue int...

All India average occupancies were between 30-32% in June, up by 12-14 percentage points month on month, while average daily rates were up1...

Hotel transactions declined by 50% in 2020 compared to 2019. HVS Anarock said the gradual rollout of the Covid-19 vaccine across the globe ...

As per the report, the three cities, which are the most mature markets in India, must combine their branded supply to match up to Singapore...

You can also purchase the wellness products and memorabilia from the hotel group.

The Anand Mahindra group company which runs hotels and resorts under the Club Mahindra brand was in advanced discussions for the purchase o...

Anchored by SoftBank, Oyo is in talks to raise another round of funds in the range of $1-1.5 billion at a valuation of $12.5 billion.

Over the last two years, hotel supply in India grew by 3.7% in 2017, and 3.5% in 2018, while demand grew by 7% and 6.8%, the report said.

Hotel transaction volumes could cross $800 mn in 2019, the highest for the Indian hospitality industry.

Last year, HVS and its joint venture partner in India mutually terminated their partnership after being together for over 20 years.