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INTERGLOBE HOTELS
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectationsMotilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-year against its 8% estimate. Strong ...
IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndia's largest airline, IndiGo, has invested Rs 10 crore in Bengaluru-based Sarla Aviation, a startup developing electric flying taxis. Th...
IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndiGo, India’s largest airline, has invested in Bengaluru-based Sarla Aviation, which is developing an electric aircraft to be used as fly...
Tourism and hospitality ecosystem: Will it get hit harder due to the war’s second-order effect? 20 stocks to keep an eye onThe one thing that impacts the tourism and hospitality sector most is war. The reason is simple: Flights get disrupted, and the urge to tra...
Accor, InterGlobe looking to beef up presence through Treebo franchise dealInterGlobe Enterprises and Accor are in discussions with Treebo for a master franchise partnership, aiming to expand their presence in Indi...
InterGlobe forays into Europe, opens boutique lifestyle Miiro Hotels in Paris, BarcelonaInterGlobe, which is the biggest shareholder in Mumbai-listed IndiGo airlines, has a hospitality division that has hotels in India as well ...
Ibis expects 25% growth in top-line at Rs 1,000 cr this yearThe Rs 160-crore, 186-key Thane hotel is the fifth in the megapolis and its sixth is under-development in the tony Bandra Kurla Complex (BK...
Holiday season cheer! 4 travel & hospitality stocks that can rise up to 37%Given the cyclical nature of consumption in some industries, there are particular quarters in which their performance stands out. Hotels an...
Analysts upgrade FY24 earnings of consumer discretionary sector leaders by 40-85%Analysts have increased their FY24 estimated earnings of sector leaders such as InterGlobe Aviation, Indian Hotels and PVR in the range of ...
InterGlobe Hotels plans Rs 700 crore investment to add 6 hotels in India by 2022The company currently has 19 hotels across the country under 'ibis' brand with 3,559 rooms.
Accor Hotel eyes 1,050 hotels in Asia-Pacific in 3-5 years, adding 300 hotelsJ.B. Singh, said, “We will be investing close to Rs 900 crore in the opening of the seven new Ibis hotels. Till now, we have invested Rs 1,...
AccorHotels opens its second budget property 'Ibis' in ChennaiThe 155-room hotel is AccorHotels' third property in Chennai after ibis Chennai SIPCOT and Novotel Chennai SIPCOT in 2014.
Accor and InterGlobe Enterprises alliance on rocks after absence of consensus on hotel projectThere is discontent brewing between hospitality major Accor and Rahul Bhatia-led InterGlobe Enterprises over hotel projects, with absence o...
Ibis brand hotel opened in DelhiIbis Delhi Airport is the ninth Ibis hotel in India with the largest inventory of 316 rooms, the company said in a statement.
InterGlobe to open 13 ibis hotels across India by 2015Hospitality firm InterGlobe Hotels said it will open 13 new hotels under economy brand 'ibis' across the country by 2015.
- Accor to create 3000 jobs in India next year
Global hospitality firm Accor said on Tuesday it will hire 3,000 people by next year in India to fill vacancies being created at its upcomi...
- Accor, InterGlobe set up investment fund for Indian hotel assets
Leading hotel operator Accor and InterGlobe, a travel corporation, on Wednesday announced the establishment of an investment fund for a por...
- Accor to invest $35 mn in InterGlobe
France-based hotel group Accor, which on Monday entered into a joint venture with Emmar MGF for developing 100 budget hotels, plans to inve...