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It's destination India for weddings this seasonIndian hotels are experiencing a significant rise in wedding bookings this year. This growth is driven by a preference for domestic celebra...
Hotel giants race to own India’s hottest 'vibe' economyIndia's hospitality sector is witnessing a major shift as global hotel giants like Marriott, Accor, and Hyatt prioritize vibrant lobbies an...
Brigade Hotel plans to raise Rs 759.6 crore through IPO to reduce debt, purchase landBrigade Hotel Ventures plans to raise ₹759.6 crore through an IPO to reduce debt and acquire land, potentially decreasing promoter stake to...
Ventive Hospitality sets price band at Rs 610-630 for Rs 1,600 crore IPO. Check detailsVentive Hospitality is set to launch its Rs 1,600 crore IPO on December 20, with the subscription period running until December 24. The pri...
Ventive Hospitality IPO to open for subscription on December 20. Check detailsVentive Hospitality, a luxury hospitality asset owner, will launch its IPO on December 20. The IPO, entirely a fresh issue of Rs 1,600 cror...
Brigade Hotel Ventures files DRHP for Rs 900 crore IPOBrigade Hotel Ventures has filed a DRHP to raise Rs 900 crore via IPO, targeting debt repayment, acquisitions, and expansion of its hotel p...
Ventive Hospitality files draft prospectus with Sebi for Rs 2,000 crore IPOVentive Hospitality has filed its draft red herring prospectus with Sebi for a Rs 2,000 crore IPO. The company, owning luxury assets operat...
Blackstone-Panchshil’s Ventive Hospitality files papers for Rs 2,000-crore IPOVentive Hospitality, a joint venture between Blackstone Group and Panchshil Realty, on Tuesday filed preliminary papers with capital market...
Ventive Hospitality, a Blackstone JV, lines up Rs 2,500-crore IPOVentive Hospitality, a joint venture between Blackstone Group and Panchshil Realty, plans to file for an IPO to raise ₹2,500 crore. The com...
Prestige Estate Projects set to double hospitality portfolio with Rs 1,700 crore investmentPrestige Estate Projects plans to double its hospitality portfolio over the next three to four years, investing Rs1700 crore. The company c...
Former Marriott executive, Gaurav Singh, appointed as the President of Table SpaceTable Space appoints Gaurav Singh as president, a hospitality industry veteran. He will fortify the organizational framework, nurture strat...
The launch of Moxy will disrupt the Indian hospitality market: Ranju Alex, area VP, South Asia, Marriott InternationalMarriott International, the world's largest hotel chain, anticipates another record year in India for 2024, driven by robust demand in leis...
Marriott International anticipating top line revenues exceeding $ 1 billion in India this yearMarriott International has seen a revenue per available room (RevPar) growth of 35% in India in the first half of this year compared to 201...
Delhi's restaurants, pubs & bars in commercial establishments down shutters temporarily"Deliveries are not sustainable for existing operational costs. Even on Malcha Marg, we are hardly getting any business. Most restaurants a...
Taj and Shangri-La tie up to boost reachThe Taj-Shangri La alliance, without entailing any financial investment, comes at a time when global hotel giants are consolidating.
Pune Marriott repositioned as JW MarriottIn a first for Marriott International in Asia Pacific, the Pune Marriott Hotel and Convention Centre was rebranded as a JW Marriott.
- Global hotel chains rejig business model for India
Most international hotel chains such as Marriott, Starwood, Carlson and Accor are all customising their mid-market and economy brands for I...