The Indian hotel industry is expected to grow 7-9% with high occupancy in FY2025. Demand from domestic leisure travel, MICE, weddings, busi...

As per MakeMyTrip data, the top destinations for the last week of December in the domestic sector include Goa, Rajasthan, Varanasi, Kerala,...

ICRA, an investment information and credit ratings agency, predicts that the hospitality industry in India will experience double-digit rev...

ICRA predicts that pan-India premium hotel occupancy will reach 70-72% in FY2024, with average room rates ranging from Rs. 6,000-6,200. The...

The growth in the airbag industry, which is one of the fastest growing auto component segments, is expected to be fuelled by the increase i...

While the depreciation of Indian Rupee against USD is a worry for net importers, forex hedging measures adopted and alternate local sources...

"The healthy demand uptick has resulted in a pick-up in new supply announcements over the last 4-5 months. Further, construction activity i...

"The improved operating leverage along with sustenance of cost-optimisation measures will support margins and accruals for hotels," it said...

Rating agency Icra's Assistant Vice President and Sector Head Vinutaa S on Wednesday said that demand in the near term is expected to stem ...

For 2021-22, the revenue growth of the industry is pegged at 13-15 per cent, driven by domestic OEM, replacement, export volumes and pass-t...

"The (revenue) growth forecast for FY2022 has been revised downward by 200 bps to 15-17 per cent from the earlier estimates due to the ongo...

While the situation is evolving, the rating agency said, "Until the end of last month, there was only some cut-down in discretionary busine...

Besides, it will increase localisation, accelerate investments towards a local EV ecosystem and has the potential to make India an export h...

Being one of the high contact sectors, hospitality has been one of the first and worst-hit sectors due to the pandemic, and the second wave...

Tourism secretary Arvind Singh said the tourism ministry was in touch with both the industry and the finance ministry and called the measur...

The special window announced on Friday, encourages banks to provide fresh lending support to hotels, restaurants, travel operators, aviatio...

The agency expects sentiments to improve in the seasonal peak of the second half of FY22, however, the situation is still evolving, with nu...