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HOTEL EXPANSION
IHCL Q1 Results: Profit rises 18% YoY to Rs 390 crore, total income up 15%Tata Group-backed IHCL reported its 17th consecutive record quarter, with Q1 FY27 net profit rising 18.5% and total income up 15%. Strong h...- How a 64-team World Cup could transform soccer's economicsFIFA president Gianni Infantino is considering a 64-team World Cup after the recent 48-team tournament. This potential expansion could sign...
- How Goodwind Moto Tours is taking India's motorcycle tourism globalThree former corporate executives transformed their passion for motorcycling into Goodwind Moto Tours, a premium experiential travel compan...
- Corporates ready to pay more for hospitality-led premium office spacesLarge companies are increasingly choosing premium managed offices in Grade A+ buildings, prioritising hospitality-led services, flexibility...
- IHCL, Tata Strive, ANIIDCO launch hospitality training programme in AndamansSeveral organizations have partnered to enhance hospitality workforce development in the islands. This initiative aims to improve employabi...
- Why Colombian coffee chain Libertario is betting big on India's café boomThe specialty coffee brand plans a cluster-led expansion across metros while combining Colombian coffee heritage with Indian beans, hospita...
- West Bengal rolls out investment push under new governmentWest Bengal has secured over Rs 28,000 crore in investment commitments recently. Chief Minister Suvendu Adhikari is actively promoting indu...
- ITC Hotels Q1 Results: Net profit jumps 35% to Rs 180 crore; acquires GHK Hospitality for Rs 155 croreITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased comp...
- Q1 results today: Jio Financial, Wipro, Polycab India, BHEL among 41 companies to report earningsThe June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, ...
- Jaypee deal to help Dalmia Bharat have pan-India presence: MD Puneet DalmiaDalmia Bharat plans significant pan-India expansion, primarily through organic growth. The company is also open to strategic acquisitions t...
- At 18, he took over his Goa family restaurant after father's death. Today, the Goan eatery is famous for its traditional recipes, sea view and authentic charmSouza Lobo, established in 1932, remains a legendary Goan restaurant on Calangute Beach. The establishment is now managed by Jude Lobo, the...
- Q1 results today: HDFC Life Insurance, HDB Financial, Jana SFB, ICICI Prudential among 43 companies to report earningsThe June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Financial Services, Jana Small Finance ...
- Daiki Axis setting up 3rd plant in India, bets big on sustainable water treatment sectorJapan's Daiki Axis will invest Rs 200 crore for a new manufacturing facility in Tumakuru, Karnataka. This facility will produce decentraliz...
- HDFC Bank, HCL Tech among 143 companies to announce earnings this weekThe June quarter earnings season is set to accelerate with 143 companies, including HDFC Bank, Reliance Industries and HCL Tech, scheduled ...
- The rains are winning: India's monsoon travel boom sends hotel bookings up 10-foldThe monsoon season is attracting many travelers to various Indian destinations. Popular spots like Goa and Kerala are seeing increased tour...
- Record visitors, record taxes: Vienna cashes in on tourist boomAs Vienna grapples with smashed record after smashed record for tourist numbers, a plan to more than double its visitors' tax has worried h...
- Mizoram to get its first 4-star hotel as government signs landmark deal with Hotel Polo TowersA concession agreement was signed for developing Chaltlang Tourist Lodge into a premium hotel. Hotel Polo Towers Ltd. will design, build, f...
- India's wellness industry poised for growth amid focus on preventive healthcare, rising income: EBG Group chiefIndia's wellness market, valued at over $150 billion, is set for growth fueled by rising health consciousness and disposable incomes. EBG G...
- Prestige Estates buys 50% stake in Advent Convention and Hotels International for Rs 504 crorePrestige Estates Projects Ltd is set to enhance its market presence by securing a 50% stake in Advent Convention and Hotels International L...
- Tata Group-owned IHCL to invest Rs 6,000-7,500 crore in capex over five years: ChandrasekaranIndian Hotels Company Limited (IHCL) is set to invest between Rs 6,000 crore and Rs 7,500 crore in capital expenditure over the next five y...
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