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...
Investors see room for boom, quietly check into hospitalityIndia's hospitality sector is attracting significant, low-profile investment, with approximately $2 bn flowing into operational hotel prope...
Hotel chains eye permanent placements in university townsRadisson Hotel Group, which operates in Manipal and near the Symbiosis campus in Pune, says performance in these micro-markets has been con...
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...
Hotels play the long game with leasing deals to stay fitLeading hotels are increasingly opting for long-term leasing deals as a more cost-effective and flexible way to expand in high-demand marke...
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...
Hospitality sector prepares to open its doors wider for people who throng religious hotspotsMany mid-size and upscale hotel companies are firming up investments and capacity expansion plans to the tune of Rs 3,500 crore in key holy...
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 ...
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 ...
Deals and transactions back in hospitality industry, industry insiders expect more activity in the coming yearNandivardhan Jain, CEO of hospitality advisory firm Noesis Capital Advisors, that acted as the exclusive transaction advisor for the EaseMy...
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...
FCS Software, Noesis, Uttam Value slip up to 17% on MondayIn the Nifty pack, 13 stocks were trading in green, while 38 were trading in red.
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 ...
- Babus deny involvement in 2G spectrum scam
Two of the four retired bureaucrats reportedly being probed by the Cabinet Secretariat for their links with lobbyist Nira Radia have strong...
- 2G scam: Cabinet Secretariat scrutinizes 2G role of 4 ex-bureaucrats
As the probe into the telecom scam grows in scope and scale, the Cabinet Secretariat has begun investigating the nexus between senior burea...