Searched for
HOTELIVATE REPORT
India's hospitality sector enters a 'golden cycle' as luxury demand outpaces supply: NomuraIndia's hotel industry is entering a strong growth phase. Average daily rates are rising, and investment returns are attractive. Demand is ...- India office market records highest-ever quarterly leasing despite global headwindsMarch marked a historic milestone for India's office property sector, showcasing the highest leasing figures in a single quarter. Demand so...
- The Lalit likely to file for IPO in FY26, eyes Rs 1,800 croreThe IPO size may be between ₹1,500 crore and ₹1,800 crore, though the final decision is still some time away and will depend on several fac...
- Tourism Ministry engaging with World Bank for long-term funding to support states in their tourism development initiativesThe Ministry of Tourism, in collaboration with the World Bank, is establishing long-term financing for tourism development across India. Ef...
- Nationwide occupancy of 67.5% highest in a decade in 2023-24: Hotelivate ReportIndia's branded hotel sector achieved a 67.5% nationwide occupancy rate in 2023-2024, the highest in a decade, with an average daily rate o...
- Hotels plan to make room in Bihar, OdishaMore hoteliers could expand in Bihar and Odisha as budget proposals encouraged tourism development. Indian Hotels Company and Radisson have...
- Delhi hotels far from being able to benefit from rising big-ticket events businessAyush Dabas, owner of Welcomhotel by ITC Hotels in Dwarka, Delhi, is eager to expand his property's facilities to meet the increasing deman...
- Chalet Hotels acquires Courtyard by Marriott Aravali for Rs 315 croreChalet said since its commencement in June 2022, the resort has been the preferred choice for leisure travelers, MICE and destination weddi...
- Kerala's backwater hub Kumarakom tops country-wide survey on revenue per available roomSet in the backdrop of Vembanad Lake, Kumarakom village is a popular tourist destination dotted with canals and backwaters. Its panoramic r...
- Rising occupancy, better room rates augur well for hotel stocksThis will also address the doubt in investors' minds whether the momentum seen in the June 2022 quarterly performance of the sector would c...
- Legacy Indian hotel chains are taking a page out of the global playbookTraditionally, Indian Hotels Company (Taj), EIH (Oberoi & Trident) and ITC Hotels grew by building and managing properties of their own. Gr...
- Festive holiday on everyone's mind: Indians keen on travelling between October and DecemberAround 34% people are planning to visit family and friends in Oct-Dec.
- It’s check out time: Hospitality industry players eyeing lucrative deals from distress sales of hotelsHospitality industry players who want to expand their portfolio are watching keenly as they expect distressed companies to soon default on ...
- Distressed hotels pin hopes on travel revivalMid-market hospitality player Lords Hotels & Resorts was bullish on its new management contract property in South Goa that had opened in Oc...
- Distressed hotels pin hopes on travel revivalBig chains like Tata group’s Taj, Oberoi and ITC Hotels also have their fingers crossed as they had depleted significant reserves to surviv...
- Pandemic takes the glitz out of luxury hotels as business traveling is crippledNew projects around the country will reduce the dependence on big city hotels to about 59% by FY25-26. Five years ago, the number was 69%.
- Travel and tourism sector likely to lose Rs 5 lakh crore due to COVID-19 crisis: ReportThe organised sector alone is likely to lose $25 billion.The figures are quite alarming and the industry needs immediate measures for survi...
- 10 charts that explain India's conflicting consumption storyFor instance, audiences are flocking in droves to multiplex theaters to catch the latest movies, leading to healthy box office collections....
- Taking a cue from China, hotels in India eye manchise routeBudget brand Treebo said it will focus on the manchised model to double its total inventory to about 800-850 hotels this year.
- Manav Thadani ends 20-year HVS partnership to set up own companyHVS was the biggest consulting firm in the hospitality business in India and provided hotel valuation, contract negotiation and brand manag...
Load More
