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HIGHER BOOKING AND OCCUPANCY
Assam emerges as concert hub; Rs 700 crore opportunity seen in 5 yearsAssam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boosting the economy and tourism. A re...- Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flightsIndians are not cancelling summer holidays despite higher costs and fewer flights. Many are choosing domestic trips or nearby international...
- Awfis Space Solutions shares surge 9% after Q4 profit jumps 107% YoYAwfis Space Solutions shares saw a significant jump after the company announced a more than two-fold increase in net profit for the March 2...
- Signature Global aims to almost double revenue in FY27 to Rs 5,000 cr: ChairmanAggarwal said the ban on construction activities delayed the completion of some of its projects, and hence, the revenue recognition also go...
- 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...
- Drishyam 3 mints Rs 25 crore in advance bookings: Mohanlal starrer Malayalam crime thriller nears bumper openingDrishyam 3 has recorded nearly Rs 25 crore gross in worldwide advance bookings ahead of its May 21 release, according to trade estimates. S...
- For investors with patience, experience, and anxiety appetite: 5 stocks from different sectors with upside potential of up to 21%For the last five years, the theme on the street has mostly been: Buy today, expect comfort tomorrow. But some of the better wealth-creatin...
- 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...
- IFC, domestic funds back Brookfield India REIT’s Rs 2,600-cr QIPBrookfield India Real Estate Trust is raising Rs 2,600 crore through a Qualified Institutional Placement. Major investors include IFC, Whit...
- Spain and Portugal flight and hotel bookings jump as tourists avoid Middle EastSpain and Portugal are seeing a rise in summer travel demand as tourists shift away from conflict-affected Middle East regions. Flight and ...
- Surge in airfares may hit summer travel demand, industry warnsInternational airfares are soaring, impacting summer travel plans. Industry experts predict a significant drop in demand due to higher tick...
- Hotel bookings trip as war clouds keep guests awayHotel bookings for April show a notable decline. The ongoing conflict in West Asia is impacting international travel. Many foreign guests a...
- Hotels gear up for busy Independence Day weekendHotels and resorts across India are experiencing high demand for the Independence Day long weekend, with many destinations already signific...
- Goa hotels ring in the new year on a sober noteGoa experienced a mixed performance in tourist arrivals during the last week of December. Luxury hotels had over 90% occupancy, while mid-s...
- Holiday rush: Most top-end hotels sold out for the year end despite rise in overseas travelIndia's leisure destinations are experiencing a surge in year-end holiday bookings, with increased occupancies and higher room tariffs comp...
- Zolostays, largest co-living brand in India, is looking to double its portfolio by year-endThe company plans to add around 60,000 by the end of 2022 to its 42,000 beds across major cities in the country. During the pandemic, Zolos...
- Hotels and travel portals gear up for long weekends in AugustTravel portals are expecting an average 50% jump in bookings this month with people looking for quick weekend getaways by clubbing their le...
- Hotel room tariffs may go up by 15%Hoteliers are planning to increase room tariffs 10-15% from September as they expect occupancies to improve with the onset of the key winte...
- Hotel room tariffs to go up by 15% next monthHoteliers are planning to increase room tariffs 10-15 % from September as they expect occupancies to improve with the onset of the key wint...
- Year-end bookings help airlines, hotels beat bluesAir travel and hotel bookings for the year-end holiday season have picked up, providing further proof that economy is looking up.
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