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HORWATH HTL
2024 could match or surpass last year's record hotel room supply additionsKiran Andicot, regional vice president, South Asia for hotel development at Marriott International said the chain opened 12 hotels, totalli...11 Jan, 2024, 12.06 AM IST- Ambuja Neotia Group announces acquisition of Tree of Life Resorts & HotelsKolkata's Ambuja Neotia Group has acquired Gurugram's Tree of Life Resorts & Hotels, a boutique hotel chain with 14 locations across India....04 Nov, 2023, 09.59 AM IST
- India's hotels lost Rs 8,000 crore in revenues between March to June: STR Horwath HTL reportThe report stated that if 2019 was the best performing year in the past decade for Indian hotels, 2020 has been the worst in living memory....16 Sep, 2020, 01.42 PM IST
- A third of hoteliers expect COVID-19 impact to last all through 2020: Horwath HTL surveyAbout 85% respondents expect an over 30% decline in total revenue for their hotels in first half of the year (January to June) compared to ...05 Apr, 2020, 08.23 PM IST
- Hotel companies get back pricing power as demand rises, supply slowsIn the past 18 months, the hotel sector has been reporting a gradual demand recovery.05 Apr, 2019, 08.10 AM IST
- Hotel cos get back pricing power as demand rises, supply slowsAmong luxury hotel chains, Indian Hotels is placed well.05 Apr, 2019, 08.02 AM IST
- Lemon Tree Hotels signs first hotel in Dubai with Al Waleed Real EstateThe hotel is in proximity to famous destinations like Burj Al Arab, Kite beach and the Mall of Emirates, and equidistant from Business Bay ...08 Nov, 2018, 04.17 PM IST
- Ginger hotels looking to sell six propertiesThe move is seen to align with ‘Aspiration 2022’ strategy unveiled by its parent, Indian Hotels Company (IHCL), to become less ownership dr...06 Jul, 2018, 07.21 PM IST
- Hotels enjoying revival could make investors’ stay lucrativeIt is estimated that the industry’s occupancy rates have surpassed 65 per cent.02 May, 2018, 09.51 AM IST
- Premium hotel chains like Marriott lay pitch for T20 World Cup windfallCricket lovers who can’t make it to the venues of ICC World Twenty20 matches needn’t lose heart: they can still catch the action along with...15 Mar, 2016, 10.20 AM IST
- Rise in business-related travel drive hotel rooms demand to five-year highDemand for hotel rooms in India grew 20% in October, the highest in five years, driven by increase in business-related travel, according to...30 Nov, 2015, 04.45 AM IST
- Wyndham Hotel Group sets sight on Sarovar Hotels and ResortsSenior executives from Wyndham have already held initial talks with the top brass of Sarovar Hotels, promoted by Anil Madhok.26 Nov, 2015, 08.28 AM IST
- After a long lull, hotels wake up to a rosy dawnAccording to the report, while markets such as Mumbai and Goa saw occupancy rates crossing 70%, New Delhi and Pune have crossed 65%.07 Sep, 2015, 04.00 AM IST
- E-tourist visa facility for 76 countries likely to give boost to tourismThe Modi government introduced the e-tourist visa in November last year. Earlier, India offered visa on arrival to nationals of 12 countrie...06 Aug, 2015, 11.42 AM IST
- Hotel industry rejoices as IPL set to boost prospects in lean seasonEach team usually travels with 25 players and around 10 support staff for every match, generating huge business for airlines as well.15 Apr, 2015, 04.00 AM IST
- Indian hospitality industry shows signs of recoveryAverage room occupancy rate in Sept quarter, traditionally lowest period of biz for hotels in the year - stood at 56.5%, up from 53.2% in t...21 Nov, 2014, 04.51 AM IST
- Hotels fear loss of business if IPL moves overseas, due to Lok Sabha electionsIPL has generated as many as 40,000 room nights for the sector in a usually lean second quarter each year, except in 2009 when the tourname...28 Jan, 2014, 04.00 AM IST
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