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HOSPITALITY UPCYCLE
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.- 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 ...
- Market rally ahead? Earnings revival, PSU banks & NBFCs in focus, says InCred’s Aditya SoodIndia’s market is entering a new earnings-led cycle, says InCred AM’s Aditya Sood. With Nifty earnings expected to grow 10–12% and midcaps ...
- Selective bullish phase: Rakshit Ranjan says markets to rise but cyclicals look riskyIndia’s Q2 earnings have strengthened market sentiment, but Marcellus Investment Managers’ Rakshit Ranjan says the next market rally will b...
- Radhika Gupta: India’s next market rally to be consumption-driven; SIP flows to hit Rs 1 lakh crore by 2030Radhika Gupta of Edelweiss Mutual Fund sees a bright future for India's equity market. She believes domestic demand will drive growth in th...
- Brigade Hotel Ventures IPO subscribed over 1.3x on day 3: GMP signals flat listingInvestors can apply for a minimum of 166 shares, with bids accepted in multiples, until the issue closes on July 28. Share allotment is lik...
- Brigade Hotel Ventures’ Rs 760 crore IPO opens: Should you subscribe or skip?Brigade Hotel Ventures launched its Rs 759.6 crore IPO, featuring a fresh issue of equity shares priced between Rs 85-90. The company, whic...
- Morgan Stanley initiates coverage on The Leela shares with ‘overweight’ rating, Rs 549 target; stock up 5%Morgan Stanley initiated an 'Overweight' rating on Schloss Bangalore, setting a target price of Rs 549, driven by a luxury hospitality upcy...
- Ambit Capital sees ITC Hotels shares rallying up to Rs 230, initiates coverage with buy ratingAmbit Capital has given ITC Hotels a "buy" rating with a target price of Rs 230, citing strong cash flow, operational efficiency, and a 15%...
- Domestic travel, tourism sector ready to capitalise on upcycle: IHCL MD Puneet ChhatwalIndian Hotels Company Ltd Managing Director and CEO Puneet Chhatwal discusses the company's plans to capitalize on opportunities in the tra...
- Hotels to see 9-11% revenue growth in FY25; third straight year in current upcycle: CareEdge Ratings ReportCareEdge Ratings predicts a 12-14% revenue per available room growth for the hospitality industry in FY2024, followed by a 9-11% growth in ...
- Building materials best proxy for playing real estate upcycle: Siddhant Chhabria, Mirae AssetSiddhant Chhabria, Fund Manager at Mirae Asset Investment Managers, believes in the long-term growth of consumer discretionary, new-age, an...
- Indian hospitality sector in a strong upcycle: IHCLSpeaking of the chain, Chhatwal said while IHCL was always 'iconic,' it has just added the words 'most profitable' to its vision. "IHCL con...
- Solitaire Group acquires 20-acre land parcel in Mumbai’s Andheri for Rs 550 croreSolitaire Group's subsidiary, Honest Vastunirman, has acquired a 20-acre land parcel in Mumbai for nearly Rs 550 crore. The property develo...
- Private sector capex in focus at ET AwardsAt the much-awaited ET Awards for Corporate Excellence on April 28 in Mumbai, a high-powered panel will discuss what needs to be done to st...
- Fundamental Radar: 5 reasons why Lemon Tree could give 20% upside in next 1 yearDemand from corporate travel remains robust and it continues to be the highest contributor to room nights sold. The contribution of the ret...
- Buy Lemon Tree Hotels, target Rs 90: Motilal Oswal SecuritiesBuy Lemon Tree Hotels at a price target of Rs 90.
- Reject, revamp, repeat! Why fashion upcycling is now an A-list pursuitUpcycling means using discarded or vintage pieces of clothing and transforming them into something better.
- Indian Hotels Company posts Q3 net up 12 pc at Rs 112 crore
- Dubai's United World Infrastructure to launch hotel startup in IndiaThis is the maiden hotel investment of UWI, which collaborates with governments worldwide to invest, build and operate real estate and infr...
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