The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
Dubai hospitality gets a nine-day breather during Eid al-Adha holidaysIn anticipation of the Eid al-Adha holidays, hotels across Dubai and Abu Dhabi are seeing a notable spike in reservations, a promising sign...
ITC Hotels Q4 PAT at Rs 317 crore, chain posts revenue of Rs 1,254 croreITC Hotels posted strong FY26 growth with higher revenue, profit and record hotel signings. The company acquired a luxury resort in Kumarak...
IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
Radisson aims 160 hotels, 19,500 keys in India by end-2026: Co executiveRadisson Hotel Group is set to significantly expand its presence in India. The company anticipates operating 157 to 160 hotels with nearly ...
Dubai hotel rates remain stable amid shocksAverage hotel rates for new bookings in Dubai remained largely stable through April, according to data from RateGain and industry executive...
Indian hospitality sector's revenue per available room jumps 12.9% in April-June: ReportMumbai's hospitality sector saw growth. Revenue per Available Room increased by 12.9 percent in April-June. Bengaluru led with a 29.4 perce...
India's hospitality sector expected to attract USD 1 bn investments by 2028: ReportIndia's hospitality sector is booming. It shows strong growth in early 2025. Investments are expected to reach USD 1 billion by 2028. Reven...
Revenue per available room in top six Indian cities rises 84.7 pc in Q2 2021: JLLMumbai witnessed the highest growth in occupancy level, registering a 17.7 per cent increase in Q2 2021 over the same period last year. Che...
Indian hospitality industry's RevPAR falls 39 pc in Q12021: JLLThe recovery of the sector has been primarily driven by the leisure segment performing notably well.
Delhi witnessed a 74.4% YOY decline in RevPAR during Q42020, Mumbai RevPAR declined by 58.4% : JLLWhile the RevPAR decline was steep, Jaideep Dang, managing director, Hotels and Hospitality Group, South Asia at JLL said post the unlockin...
India’s hospitality industry witnessed decline of 52.8% in RevPAR during the first three quarters of 2020: JLLAll key 11 markets in India reported a decrease in RevPAR Performance in Q3 2020 over the same period last year. Mumbai continues to be the...
Hotel industry's revenue per room falls 53% in Jan-Sep: JLL India"India's hospitality industry has witnessed a decline of 52.8 per cent in Revenue Per Available Room (RevPAR) during January to September 2...
India's hotel revenue per available room declined 43.5% in H1 2020: JLLOverall, in terms of inventory volume, brand signings declined by 83% in Q2 2020 over Q2 2019, however international operators signed a gre...
COVID-19 hits hotel industry; revenue per room drops 13-29% in Jan-Mar in top cities: ReportThe outbreak of COVID-19 has adversely impacted the occupancy levels at hotels across 11 major cities, resulting in a decline of up to 29 p...
Indian hospitality posts growth in room revenues but margins contractWhile pan-India revenue per available rooms (RevPAR) were up by 4-5%, occupancies moved up by 2% to 62-63% from 61% and average room rates ...
Hotels record higher occupancy, revenue during January-March quarterHotels in India reported over 5% year on year growth in occupancy in the quarter ended March, helped by a rise in corporate demand and dome...