Vikram Aggarwal in talks to buy Chennai's Clarion Hotel for Rs 180 croreVikram Aggarwal to acquire Clarion Hotel in Chennai for ₹180 crore in June. VVA Hotels Pvt Ltd manages Fortune Select Palms, Radisson Blu. ...
Singapore’s HMI Group to buy healthcare tech platform MHC AsiaTogether, the Group will serve more than 3 million patients per year across a full suite of digital and physical services.
The hospitality sector witnessed 60.9% YoY RevPAR growth in Q4 2022: JLLJLL stated that the hospitality sector continued to witness strong year on year growth in performance in quarter four 2022 (October-Decembe...
Mikaben passes away after collapsing during concertMikaben, a beloved musician from Haiti, has passed away. On Saturday, October 15, the singer Michael Benjamin, aka Mikaben, was on stage wh...
Behr-Hella expects India to grow at double the pace of its global business"We expect India to grow at a CAGR of 15% in the next five years, as against a plan of 7% growth we expect globally. The new facility will ...
Revenue per available room in top six Indian cities rises 84.7 pc in Q2 2021: JLLMumbai witnessed the highest growth in occupancy level, registering a 17.7 per cent increase in Q2 2021 over the same period last year. Che...
Indian hospitality industry's RevPAR falls 39 pc in Q12021: JLLThe recovery of the sector has been primarily driven by the leisure segment performing notably well.
Domestic travel will continue to aid recovery for hotels in 2021: JLLAccording to the report, the total number of signings in Q4 2020 stood at 45 hotels comprising of 4,326 keys, recording a decline of 43.6%,...
India’s hospitality industry witnessed decline of 52.8% in RevPAR during the first three quarters of 2020: JLLAll key 11 markets in India reported a decrease in RevPAR Performance in Q3 2020 over the same period last year. Mumbai continues to be the...
Hotel industry's revenue per room falls 53% in Jan-Sep: JLL India"India's hospitality industry has witnessed a decline of 52.8 per cent in Revenue Per Available Room (RevPAR) during January to September 2...
53 IAF personnel get trained in high-altitude rescue ops during quarantine in DarjeelingThey were also trained on survival tactics at altitudes above 10,000 feet, said the HMI principal, a recipient of the Tenzing Norgay Nation...
India's hotel revenue per available room declined 43.5% in H1 2020: JLLOverall, in terms of inventory volume, brand signings declined by 83% in Q2 2020 over Q2 2019, however international operators signed a gre...
Industry performs but concerns over occupancy remain: JLL Hotels and Hospitality GroupIn RevPAR percentage terms, as compared with the corresponding period the last year, Hyderabad ranked on top.
- UNO MINDA to acquire iSYS RTS GmbH, Germany
Headquartered in Munich, Germany, iSYS RTS develops embedded systems as well as hardware and software components for Global vehicle makers.
When Maruti almost gobbled up Hyundai India, its arch-rival of over two decadesImagine what India would've looked like if Maruti took over Hyundai India. Sounds unbelievable? But that's exactly what nearly happened at ...
Tata Elxsi ties up with DiSTI to make e-Cockpit DemonstratorThe DiSTI Corporation is a leading provider of graphical user interface software and customised 3D virtual maintenance training solutions.
- Wockhardt to focus on emergency care with HMI
Wockhardt hospitals in association with Harvard Medical International (HMI) are undertaking a two-year certification programme for doctors ...