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HOTEL RATES INCREASE
Indians travel more despite costly flights, hotel rates to jump 27% post-DiwaliTravel bookings are on the rise for the festive season, with significant demand reported by various companies. Average hotel rates are expe...- How much can a Zero-Forex credit card save you on an international trip?International travel entails various expenses that can incur foreign exchange markup charges, impacting overall costs. Understanding forex ...
- Ixigo shares rally 13% after travel platform reports all-time high profitIxigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boosted by the sale of its stake in Fre...
- 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 ...
- Cleartrip eyes sustained revenue growth driven by air travel, non-air businessCleartrip expects to sustain its growth momentum in 2027, with non-air services such as hotels, buses, trains and holiday packages gaining ...
- Ixigo reports 13% revenue growth in Q2; posts Rs 63 crore in net profitIxigo has reported a remarkable turnaround for the September quarter, showcasing a 13% year-on-year revenue growth, reaching Rs 321 crore. ...
- Stocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNBFrom a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of En...
- Robust pipeline: Hotel chains look beyond metros for growthIndia's hospitality sector is set to add 161,074 branded hotel rooms over the next five years. Approximately 117,000 of these rooms are cur...
- US PPI inflation surges 1.3% as gasoline prices jump 20.3% - why are Treasury yields falling?US PPI inflation jumped 1.3% in September as gasoline prices surged 20.3%, marking the biggest monthly increase since March 2022. Producer ...
- Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: ReportEdible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edibl...
- 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...
- After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the countryBlackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He...
- No Wi-Fi, more wellness: Indian travellers are rewriting their holiday plans for 2027Skyscanner’s Travel Trends 2027 report identifies seven emerging travel trends among Indians, from wellness holidays and music-led trips to...
- India, Vietnam, Thailand emerge as branded residence hotspots as growth hits 200%Vietnam, Thailand, and India are emerging as key players in the global branded residences market. The growth rate for branded residential p...
- India’s office hubs turn into retail hotspots as developers tap captive shoppersOffice clusters in cities like Gurugram and Mumbai are increasingly becoming retail hubs that serve employees. Retail spaces within office ...
- California's minimum wage rate for 2027 is $17.4 an hour, but these workers are set to earn more than thatCalifornia's minimum wage is set to rise to $17.40 an hour, effective January 1, 2027. But various local and industry-specific wages may ex...
- Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this yearITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds...
- Why global investors are turning to Georgia for real estate opportunities in 2026Alliance Group designates 2026 as a pivotal year for international stakeholders targeting Georgia's dynamic real estate landscape. The nati...
- Stocks in news: Vedanta, Kotak Mahindra Bank, Marico, Axis Bank, Trent and Zydus LifesciencesIndian equity markets showed signs of recovery on Monday after softer-than-expected US jobs data was released. The Nifty 50 index ended the...
- India’s city hotels find a new growth engine in weekend getawaysWeekend demand at city hotels in India is improving, driven by rising staycations and increased domestic travel. Occupancy levels have sign...
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