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ECONOMY SEGMENTS HOTELS
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
- These large- mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the bulls attempt another serious comeback, the market again faces a familiar question: Are valuations still too high, or have they reac...
- 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...
- 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...
- Room for less: Could short-stay hotels be the next big thing in hospitality?Hourly Hotels: This works on a pay-for-use model where guests pay only for the duration they need a room — typically 3-9 hours. The busines...
- Beyond the room: Why India Inc's luxury hospitality bet is becoming an experience businessIndia's luxury hotels are evolving beyond just rooms. Companies are now creating immersive experiences that blend wellness, food, and cultu...
- GoodPass wants to be the transaction layer of AI-powered travelThe experiences market is a $250-billion global opportunity projected to grow faster than flights or hotels. Yet the segment has remained u...
- Eternal to Minda Corp: Axis Securities picks 15 stocks for June, sees up to 44% upside in top ideasAxis Securities retained a bullish view on Indian equities and recommended 15 stocks for June across market capitalisations, with potential...
- 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...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- Stable India growth outlook masks hit to vast informal sector, say economists: Reuters pollIndia's economy is expected to grow steadily, but the country's large informal sector is facing significant challenges due to global confli...
- UAE hotels find peace in war, go for renovations and upgradesPremium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...
- Radisson Hotel Group expects to create 65,000-80,000 job opportunities in India by 2030 with 500 propertiesRadisson Hotel Group is embarking on an ambitious journey to enhance its footprint in India, targeting the launch of 500 hotels by 2030. Th...
- Accor Hotels to have around 80 hotels in India by 2020Accor is planning to have around 80 hotels in India by the end of 2020 and is betting big on mid-scale and economy segments to be main driv...
- US’ Vantage Hospitality ties up with Miraya Hotel for India foraySinha did not disclose the brands as Miraya is likely to make an official announcement in the first week of April. Formed in 2002, Vantage.
- Deals like InterContinental-Duet India, APG-Lemon Tree signal growing interest of investors in budget category hotelsIndia’s hospitality industry has witnessed three deals in the mid-market and budget hotels category in the last one year, signalling the em...
- Accor to focus on the mid-market and economy segments hotels in IndiaAccor is accelerating opening up of hotels across India as it focus on the mid-market and economy segments hotels in the country.
- Sarovar eyes top slot for HometelSarovar Hotels, which has a presence in the premium, mid-market and economy segments of the hotel sector, has mapped out major plans for it...
- Warburg picks up 27% in Lemon TreePrivate equity firm Warburg Pincus has picked up around 27% stake in Delhi-based mid-price range hotel chain, Lemon Tree, for Rs 280 crore.
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