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NOESIS CAPITAL ADVISORS
India set to become YOO’s biggest market for branded residencesGlobal design brand YOO sees India as its top market for branded residences. The company is exploring new projects in Pune and Kolkata, wit...- 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 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...
- 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 ...
- Ayodhya, vicinity packed for all of January as Ram Mandir fervour ripples outPark Inn by Radisson in Ayodhya, which opened its doors on Wednesday, is already fully booked for January 21-22. "It's a fairly busy time. ...
- 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...
- More high net worth individuals, family offices checking into hotels businessIn the first nine months of this calendar year ended September, family offices have invested ₹900 crore in hotels, almost two-thirds of tot...
- Dharampal Satyapal Group wins bid for Viceroy Bangalore HotelsDharampal Satyapal Group has won the bid for Viceroy Bangalore Hotels, which owns the Marriott-managed five-star Renaissance Bengaluru Race...
- New Goa airport may draw ₹2.7k cr realty investmentsThese investments will be directed towards the Mopa region in the state's extreme north, where the new airport is based. The funds will be ...
- 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 ...
- EaseMyTrip acquires Spree Hospitality, a 1200 keys hospitality management companyPrashant Pitti, co-founder at EaseMyTrip said there is a synergy between EaseMyTrip and Spree Hospitality and the company leverages the ass...
- 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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