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HOSPITALITY INVESTMENT IN SHIRDI
Assotech Realty partners with Atmosphere Core for Rs 200 crore all-suite property in ShirdiAssotech Realty is developing a new all-suite hotel in Shirdi. The company is investing Rs 200 crore in this project. Atmosphere Core will ...- Assotech Realty to invest Rs 200 cr to build hotel in ShirdiReal estate company Assotech Realty will invest Rs 200 crore to develop a hotel in Shirdi, Maharashtra, and has tied up with hospitality ch...
- Branded hotels set for big growth on infrastructure pushIndia’s branded hospitality sector is projected to grow at a 13.4% CAGR to $45.39 billion by 2030, driven by infrastructure expansion, risi...
- Tier-II cities in India emerging growth hubs for restaurants, dining out becoming lifestyle among Gen Z: ReportA Grant Thornton Bharat report reveals that Tier-II cities in India are becoming restaurant growth hotspots, driven by Gen Z's lifestyle sh...
- Bangalore rain crisis leaves five dead, several without electricity or relief in Sai Layout and other areasIn Sai Layout, North Bengaluru, floodwaters linger days after record-breaking rains, leaving homes submerged and residents frustrated. Desp...
- 'Hospitality sector to see $1-billion investment by 2028'Nihat Ercan, CEO of APAC at JLL Hotels and Hospitality Group, said last year, the APAC region saw hotel transaction volumes worth $12.2 bil...
- Budget FY26 will help make India a top global tourism destination: IndustryBoosting India's tourism, the Budget 2025-26 plans to develop 50 prime destinations in partnership with states. Emphasis on medical and wel...
- Indian hospitality sector sees transactions worth $340 mn in 2024India's hospitality sector witnessed $340 million in transactions in 2024, a slight increase from 2023's $337 million, primarily involving ...
- Hospitality sector sees $340 million worth of transaction activity in 2024The hospitality sector witnessed $340 million in transaction activity in 2024, continuing its growth trajectory from $337 million in 2023. ...
- Infrastructure, digitisation and spiritual tourism to drive realty in smaller towns: Colliers reportThe real estate sector in India is experiencing a transformation, with smaller towns becoming vital to the economy due to enhanced infrastr...
- Holy cities like Ayodhya, Varanasi attracting big retail brands: ReportRetail brands are expanding their presence in key Indian cities like Ayodhya, Varanasi, Amritsar, Puri, Tirupati, and Ajmer, as they capita...
- Hospitality sector prepares to open its doors wider for people who throng religious hotspotsMany mid-size and upscale hotel companies are firming up investments and capacity expansion plans to the tune of Rs 3,500 crore in key holy...
- Sacred real estate can be India's next booming sectorAyodhya has seen property rates skyrocket after the Supreme Court verdict in the Ram Janmabhoomi case which cleared the way for the constru...
- Sterling Holiday Resorts to add up to 1,000 rooms by March 2020"We will add between 800 to 1,000 rooms by the end of fiscal year 2020 primarily through management contract model," Sterling Holiday Resor...
- Gold-rich temples weigh monetisation scheme, but 'melting' a dampenerAs the govt seeks to monetise gold worth USD one trillion lying idle, temples fear that 'melting' of ornaments donated by devotees may hurt...
- JHM Interstate Hotels & Resorts mulls India Exit, shuts Gurgaon officeThe Surat-based firm, which manages 6 properties in country, has already dismissed its Gurgaon-based team & plans to wrap up its India oper...
- Unique Mercantile to invest Rs 1,715 crore on 34 'Howard Johnson' hotelsIn India, Howard Johnson is positioned as a mid-market, full service hotel targeting cost conscious leisure as well as business travellers.
- Sathya Sai Baba passes away, leaves behind Rs 40,000-cr worth empire with no clear succession planSpeculation has mounted in recent weeks that there will be bitter fight to control the fortune and that the govt may step in to take over a...
- Wockhardt Hospitals to call off IPOThe turbulent mkt has claimed its first high-profile casualty. Lead managers to the Wockhardt Hospitals’ IPO have decided to call off the i...
- Panoramic UniversalSudhir Moravekar, chairman, Panoramic Group of Companies, started off his career as a real estate developer in the mid-80s, moved into the ...
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