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HOTEL AND GROUND TRANSPORT GROWTH
MMT reports net profit of $1.8 million in Q2, revenues at $ 235.2 millionMakeMyTrip reported a $1.8 million Q2 net profit, reversing a year-earlier loss of $5.7 million. Revenue rose 11.2% to $235.2 million, whil...- Kerten Hospitality aims to operate 5000-7000 keys in India over the next five years: CEOIntroducing its first hotel in Shimla, Kerten Hospitality, an innovative Irish lifestyle brand, has officially launched in India. The compa...
- Brigade Enterprises signs Hyatt Hotels to manage two hotels in BengaluruBrigade Enterprises Ltd has forged a partnership with Hyatt Hotels Corporation to launch two new hotels in Bengaluru, including the Hyatt R...
- ITC Hotels reports revenues of Rs 1054 cr for Q2, PAT at Rs 203 crITC Hotels reported strong second-quarter growth, with revenue rising 26% and net profit increasing 52% year on year, supported by higher r...
- 'National interest, safety' outweigh disclosure: CIC upholds denial of Ashok Hotel structural reportThe RTI applicant had sought the report, its findings, details of any amendments or corrigenda, and correspondence between IIT Roorkee and ...
- Nagaland gets its first five-star hotel as Polo Hotel Kohima opens, boosting state’s hospitality offeringPolo Hotel Kohima has recently been inaugurated as Nagaland's first five-star hotel to boost local tourism. The hotel aims to create job op...
- Tourism is the sector the market writes off in a downturn. Is it indicating something else? 7 stocks with upside potential of up to 27%For years the street has believed that when the economy slows, tourism and hotels are the first to feel it. The logic: A hotel stay is not ...
- Tiger Shroff firing case: Mumbai court remands 3 accused to police custody till October 28Three accused in the Tiger Shroff attempt to murder case were remanded to police custody until October 28. Police stated that the accused w...
- Two Trades for Today: A top pharma company for a 6.3% upmove, a large-cap hospitality stock for a gain of almost 7%Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
- IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are sayingIHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel ma...
- 13-year-old Kaia Minn uses orange peels to develop biodegradable seed pods that could help restore forestsA 13-year-old teen girl from Massachusetts, Kaia Minn, has developed biodegradable seed pods using discarded citrus peels and other plant-b...
- IHCL reports revenue from operations of Rs 2484 cr for Q2, PAT at Rs 380 crIndian Hotels Company Limited has announced a revenue of Rs 2484 crore for the second quarter. The company expects to surpass its goal of a...
- IHCL Q2 Results: Tata Group-owned hotel chain's net profit jumps 19% to Rs 379 croreIndian Hotels Company Ltd, under the Tata Group, has announced a remarkable 19.35% rise in consolidated profit for the September quarter, s...
- Bird Group plans to double the business across all verticals by 2030Bird Group has signed a lease for developing a hotel on 12 acres in Shillong. The hospitality arm aims to increase its keys from 600 to app...
- Hilton to move stock listing to NasdaqHilton Worldwide plans to shift its stock listing from the NYSE to Nasdaq, with shares set to begin trading under the HLT ticker on Novembe...
- Myntra sees Gen Z drive beauty growth as skincare, smaller cities gain groundGen Z accounts for 60% of Myntra’s beauty shoppers, spending 1.2 times as much on beauty as the average customer, according to the company’...
- Ixigo shares rally 13% after travel platform reports all-time high profitIxigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boosted by the sale of its stake in Fre...
- During World War I, zinc mining helped Rush, Arkansas, grow to 2,000 to 3,000 residents; by 1920, its population had fallen to 344, and mining ruins remain along the Buffalo RiverRush, Arkansas, experienced a boom during World War I, driven by high zinc demand which transformed it into a bustling mining hub. Essentia...
- Ixigo Q2 profit jumps to 63 cr; revenue up 13%Ixigo's financial report reveals a net profit of 63.42 crore for the July-September period, indicating robust performance. The company enjo...
- Hotels business has hit a critical mass for ixigo, co confident of triple digit growth in hotels: Group CEOixigo has reported substantial growth in its hotel business, surpassing 5,000 room nights booked daily. The company is aiming to become a l...
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