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MICE SEGMENT GROWTH
Omaxe to invest Rs 6,200 crore to expand the hospitality verticalOmaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These dev...- Global tourism boards bet big on Indian travellers to power growthThailand is actively wooing Indian travelers with the promise of Tomorrowland and easier travel, aiming for over 2.5 million visitors by 20...
- How Tour Times is redefining organised group travel in IndiaIndia's domestic tourism is booming, with organized group travel, especially religious pilgrimages and corporate events, leading the charge...
- West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
- Yatra Online Q4 net profit declines 46% to Rs 8.20 croreYatra Online's net profit saw a 46% drop to Rs 8.20 crore in the March 2026 quarter, impacted by the West Asia conflict which disrupted int...
- Indians are breaking up with Europe for a Southeast Asian getawayIndian travelers are increasingly choosing Vietnam over traditional European destinations due to rising airfares and longer flight duration...
- Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
- ITC Hotels Q4 PAT at Rs 317 crore, chain posts revenue of Rs 1,254 croreITC Hotels posted strong FY26 growth with higher revenue, profit and record hotel signings. The company acquired a luxury resort in Kumarak...
- IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
- Airport hotels fuel hospitality growth as India expands aviation infrastructureIndia's growing airports are boosting the hotel industry. Leading hotel chains are investing more in properties near airports. This is driv...
- Thomas Cook inks pact with Moscow TourismThomas Cook (India) has partnered with the Moscow Project Office for Tourism and Hospitality Development in a 24-month deal to enhance tour...
- Hong Kong Tourism Board's Puneet Kumar on what makes it an increasingly popular MICE destinationOutdoor activities, nightlife, dining, culture festivals and neighbourhoods make Hong Kong a traveller's delight.
- HRAWI appeals for a revisit of Income Tax Credit aspect of GST for hospitalityThe association has appealed the Government to remove this condition and determine the tax percentage based on the actual transaction value
- Oman eyes 15-20% rise in tourists arrivals from India in 2016Oman is set to become a major regional centre for MICE, for which the country's Tourism Ministry has established a new Convention Bureau.
- Kerala mulls issuing short-term liquor licences to hotels conducting meetings, conferencesCurrently, only five-star hotels in the state can serve liquor while hotels in other categories can get a one-time liquor licence but at a ...
- Carlson Rezidor plans to increase MICE segment share in IndiaGlobal hospitality major Carlson Rezidor Hotel Group is bringing specialised offerings and planning to strengthen leadership team of the se...
- Switzerland eyes 8% jump in overnight tourists from India in 2013Switzerland Tourism is a public corporation, responsible for promotion of Switzerland as a holiday, travel and conference destination both ...
- India's meetings & exhibitions industry facing infrastructure bottlenecksInfrastructural bottlenecks are hitting the growth of an estimated $ 1.5-billion MICE industry in the country, a government official today ...
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