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MANDEEP LAMBA
Hotels report thriving business as corporate travel gathers speedCorporate business travel in India rebounded strongly from August, with September showing significant growth in hotel average daily rates, ...- Branded hotels see room for growth at religious spotsHotel chains are significantly expanding in religious destinations to meet the increasing demand for quality accommodations. Companies like...
- ET WLF 2024: Rich history, culture can help India win spot among top 10 tourist destinations"This is the first time independent India has seen such impetus or focus on developing infrastructure, both from the government and the pri...
- HVS Anarock to hold maiden HOPE 2023 conference in Goa in MarchHOPE 2023 will be held at the Taj Resort & Convention Centre in Goa.
- May vacay is all about long stay at premium rentals: Staycations, luxury homes replace globetrotting holidaysIn a world locked up indoors, travel has taken on new forms.
- Hotel occupancy falls 31% in JanuaryIndustry insiders said after the year-end frenzy in December,the performance of the Indian hotels sector was relatively subdued and grew ma...
- Hotel occupancy in India improved from approximately 10% in April 2020 to almost 26% in September 2020: HVS Anarock"We anticipate the overall Indian hospitality sector (including organized, unorganized and semi-organized operators) to incur an estimated ...
- Rising airfares, general elections left many a room vacantForeign tourist arrivals increased by 1.9% to 3.93 million in the first four months of 2019 after registering subdued growth in 2018, accor...
- Slowdown in hospitality deals due to strict property and bankruptcy lawsExperts believe more distressed hotel assets could be on the block this year after the insolvency and bankruptcy code kicked in, but very f...
- Six hotel deals in 2015, compared to the same in 2014: JLLMany people, who entered the sector at the peak, are not able to sustain the investment that they made and are stressed.
- 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%.
- 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...
- Hospitality industry raises concerns over draft national tourism policy 2015The draft policy calls for putting tourism — currently a state subject — on the concurrent list to enable the Centre to play a significant ...
- Amari India plans to operate 7 properties by FY15Thailand-based hotel chain, Amari has entered into a joint venture to form Amari India entity, a company statement said here.
- Duet likely to gobble up Dawnay Day's three hotelsThe UK-based investment firm Duet Group is learnt to have emerged as the front-runner in the race to acquire the upcoming three hotel prope...
- Dawnay Day's hotels on the blockITC, Royal Orchid, Pride Hotels, Sarovar group, Lemon Tree, DLF and Paraswanath have made a pitch for the deal, which is valued at around R...
- Dawnay Day to invest $300 m in setting up Ten HotelsDawnay Day International, a London-headquartered group with gross assets to the tune of $4 billion, is setting up a chain of four-star hote...
- Dawnay Day Hotels scouts for local partners, PE investorsUK-based Dawnay Day Hotels plans to invest 1.2 billion dollars (about Rs 4,800 crore) in India to set up four-star hotels. Business week in...
- UK hotel firm to invest 1.2 bn in IndiaUK-based Dawnay Day Hotels India (DDHI) on Wednesday said it would invest 1.2 billion dollars for setting up a chain of four-star hotels in...
- Dawnay Day to invest $1.2bn on hotels hereDawnay Day, $3-bn financial services company plans to make a total investment of $1.2bn to set up a chain of 30 four-star hotels in India.
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