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NOESIS HOTEL ADVISORS
India emerges as Asia-Pacific’s largest branded residences market by valueIndia has emerged as the largest branded residences market in Asia-Pacific, with significant growth recorded in recent years. The increase ...- Dubai hotels filling up again but rates yet to recoverDubai hotels are heading into the winter season with occupancy recovering towards last year’s levels, but travellers could still find cheap...
- Global hotel chains step up India presence as luxury demand risesMultiple global hotel chains are gearing up to establish their presence in India, while current hospitality brands are rolling out new luxu...
- Hotel contracts getting more ‘even’ as owners negotiate harder on performance benchmarksHotel contracts in India are evolving as chains expand their local portfolios significantly. Owners now negotiate more explicitly on perfor...
- Launch of 6,000 luxury hotel rooms likely in Delhi NCR by 2030Delhi NCR anticipates significant hotel room additions by 2030. New luxury hotels from Taj, Marriott, and Hyatt are planned. Approximately ...
- Luxury hotel chains bet big on India's wellness boomIndian luxury hotel chains are investing heavily in wellness tourism. The Oberoi Group plans twenty new lifestyle resorts across India and ...
- South India emerges as key hub for hospitality industryThe southern states of India are emerging as vibrant centers for hospitality and tourism, fueled by a surge in travel enthusiasm and suppor...
- Branded hotels set for big growth on infrastructure pushIndia’s branded hospitality sector is projected to grow at a 13.4% CAGR to $45.39 billion by 2030, driven by infrastructure expansion, risi...
- Hotel chains say guests, staff in Nepal safe; hope normalcy will return in a few monthsIndian and global hotel chains operating in Nepal have confirmed that their guests and staff are safe after violent protests led to the Hil...
- By 2027, no of branded residences projects forecast to increase to 1200: Noesis Capital Advisors ReportWhile the Noesis analysis shows that the price premium of such residences globally is very high, in comparison, India currently sees a pric...
- Trans harbour link, airport to bring more hospitality firms to Navi MumbaiHotels of various categories are coming up in and around Navi Mumbai, Panvel, and Khopoli driven by transformative infrastructure projects ...
- 2024 could match or surpass last year's record hotel room supply additionsKiran Andicot, regional vice president, South Asia for hotel development at Marriott International said the chain opened 12 hotels, totalli...
- A hotel stay may cost you more this year as rates set to surge by 7-10%Hotel rates in India are expected to rise by 7-10% in 2024, despite uncertainties surrounding events like the general election. Industry ex...
- Banks are again lending a helping hand to outcasted hospitality sector after pandemicLenders did not want to touch it with a barge pole. Finally, there is a shift in debt financing in India’s hospitality sector. Lending by b...
- New deals, investments return to hospitality industry following two year lullLudhiana-based Jujhar Group has acquired around 12.5 acres of land in its home city for construction of two hotels at prime locations, and ...
- Suba Group acquires 1589 Hotels, increases portfolio to 50 across India, UAEThe 1589 Hotels operates hotels in economy to mid-segment space predominantly in the offbeat leisure locations and tier II and III cities. ...
- Several standalone hotels in India yet to reopen, others shutting down again after a brief reopeningOverseas travel will take a while to pick up and non-resident Indians and foreign nationals are among its primary clients. It also doesn’t ...
- India's hospitality industry to reach 2019 levels by end of Q4 of 2021 fiscal, says reportAs per the report, rooms rates will take more time to reach the same levels of 2019 as the competition amongst the branded hotels is set to...
- Hotel retailers struggle to stay afloat amid rising COVID-19 casesWith the Delhi government continuing with curbs on regular operations, and occupancies continuing to stay muted in other states due to risi...
- Advisory firm Noesis drags OYO Rooms to court over Rs 1.5 crore payment failureThe hospitality advisory firm has claimed that the $400-million startup has failed to make the payment despite using their services during ...
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