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EXPENSIVE HOTEL SERVICES INDIA
PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality...- Omaxe to invest Rs 6,200 cr to build 19 hotels in 5 statesOmaxe, a key player in real estate development, has announced a bold initiative involving a Rs 6,200 crore investment over five years to cr...
- On Greek island of Santorini, winemakers try to adapt to heat and droughtSantorini's famed vineyards face a crisis as extreme heat and drought decimate ancient vines, driving up grape prices and slashing wine pro...
- Omaxe to invest Rs 6,200 crore to expand the hospitality verticalOmaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These dev...
- Eleven invests Rs 216 cr into financial services biz, total investment rises to Rs 470 crDiversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investment to Rs 470 crore over four year...
- Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 statesReal estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will inves...
- Gujarat consumer panel clears Air India over fog-hit flight diversion, citing safety mandateA consumer commission has ruled that Air India is not liable for a flight diversion due to dense fog in Delhi, which caused passengers to m...
- Sarovar Hotels plans to double branded residences portfolioSarovar Hotels is poised to expand its footprint in the branded residences sector, intending to double its portfolio within a year. With 80...
- International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
- Sri Lanka offers better value than Rishikesh, man claims after staying in beach-facing hotel for half the priceA recent social media post highlighted a stark cost difference between domestic and international travel, with a friend opting for Sri Lank...
- Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
- India to release first-ever monthly index tracking services sector output from July 14India is launching a new Index of Services Production (ISP) to track the services sector's growth, mirroring the Index of Industrial Produc...
- 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....
- Travelling to Indonesia? Here's what Indian tourists need to knowIndian travellers heading to Indonesia must ensure all entry documents are in order, as immigration authorities can deny entry. The Consula...
- Spark by Hilton debuts in APAC, opens 2 hotels in Bengaluru, GoaHilton has launched its Spark by Hilton brand in Asia Pacific with new hotels in Bengaluru and Goa. This expansion is part of a significant...
- Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
- FIFA World Cup 2026: Brazil Football President faces scrutiny over alleged misuse of federation funds for personal travelBrazilian Football Confederation (CBF) President Samir Xaud has come under intense scrutiny following reports alleging that federation fund...
- Betting on India’s travel boom? Motilal Oswal sees TBO Tek and Ixigo as key beneficiariesThe industry has evolved significantly over the past two decades—from a fragmented, offline agent-driven market to a digitally enabled ecos...
- 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...
- 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...
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