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One Atmosphere to invest Rs 500 crore for the expansion of luxury service apartments verticalONE Atmosphere is investing Rs 500 crore to expand its luxury service apartments, aiming for 7500 keys in India and abroad over five years....
Should long term investors bet on Waterways Leisure IPO?Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single ves...
Resort charged Rs 15 extra on Mountain Dew, Haryana court orders Rs 10,000 compensationA Haryana district consumer court has ordered Lali Resort to refund Rs 75 and pay Rs 10,000 in compensation after a customer was allegedly ...
Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...
Mountain bookings up 76 per cent in June as urban Indians flock to hills: ReportIndian mountain getaways are booming, with Zostel reporting a 76% surge in Shimla bookings and nearly 95% growth in other popular spots lik...
Kashmir tourism boom: Vande Bharat, road trips fuel surge in short staysHoteliers, tour operators and officials said the newly launched Vande Bharat Express has helped boost tourism in the valley, known for its ...
Diplomats hold US-Iran preparatory discussions at Swiss retreatThe Swiss foreign ministry said diplomats were in discussions at the luxury Burgenstock resort near Lucerne in central Switzerland, without...
IHG eyes deeper Adani partnership, more hotels at airports across IndiaIHG Hotels & Resorts is eyeing significant expansion in India, aiming to deepen its partnership with Adani Airport Holdings (AAHL) beyond t...
Massive fire destroys resort in Dominican Republic, forces evacuation of almost 1,700 touristsA devastating fire ravaged a luxury resort in the Dominican Republic, forcing the evacuation of nearly 1,700 tourists. Reports indicate an ...
Delhi HC agrees to examine Sir Sobha Singh & Sons' appeal in ambassador hotel matter; records centre's assurance on eviction proceedingsThe Delhi High Court will hear an appeal from Sir Sobha Singh & Sons Private Limited. The case involves a long-running property dispute wit...
TSC India announces expansion into hotels and visa servicesJalandhar-based TSC India Ltd has expanded its travel services platform by entering the hotels and visa segments. The company acquired GITH...
Himalia Prime Assets acquires eco-resort near BengaluruHimalia Prime Assets has acquired Our Native Village eco-resort near Bengaluru for 25 crore rupees. The company plans to invest another 25 ...
IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv KumarDS Group is boosting its hospitality investment to Rs 1,500 crore. The conglomerate plans to double its room count ahead of its 2029 target...
TDI Infratech to invest Rs 75 cr in upcoming Ramada hotel in HaryanaTDI Infratech is pouring Rs 75 crore into an opulent hotel project in Panipat, Haryana, set to bolster the region's hospitality scene. The ...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...