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HOTEL IN SRI LANKA
One Atmosphere to invest Rs 500 crore for the expansion of luxury service apartments verticalONE Atmosphere is investing Rs 500 crore to expand its luxury service apartments, aiming for 7500 keys in India and abroad over five years....- Should long term investors bet on Waterways Leisure IPO?Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single ves...
- Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...
- Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
- Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flightsIndians are not cancelling summer holidays despite higher costs and fewer flights. Many are choosing domestic trips or nearby international...
- Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
- Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
- Domestic flows powering Indian markets despite FII exit: Gautam TrivediDespite foreign investor outflows, domestic investors are bolstering Indian equities, keeping benchmark indices resilient. Market veteran G...
- Airport hotels fuel hospitality growth as India expands aviation infrastructureIndia's growing airports are boosting the hotel industry. Leading hotel chains are investing more in properties near airports. This is driv...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
- South Asian lifestyle collective Otherland Hotels announces its debut in Sri LankaExcitement is on the horizon as Otherland Hotels prepares to introduce Otherland Galle in June 2026. Set against the stunning backdrop of G...
- From Paris to Phuket: The new logic guiding Indian summer travelIndian summer travel plans are shifting. Due to Middle East tensions and rising airfares, long-haul trips to Europe and the US are being re...
- Ahmedabad-Colombo direct flights from May 15, travel time to drop to 3 hoursFitsAir is launching direct flights between Ahmedabad and Colombo on May 15, offering a three-times-a-week service. This new route will sig...
- Sri Lanka seeks Indian FDI as it restructures state corporate sectorADB forecasts Sri Lanka's economic growth to dip to 2.4% in 2022 and improve marginally to 2.5% in 2023. The forecast indicates a better pr...
- Vote for BJP to put an end to terrorism, Modi appeals to people after blasts in Sri LankaModi said, "India is standing by Sri Lanka and is ready for any help in the time of crisis."
- ITC to build $300 million hotel in Lankan capitalITC Ltd of India is to invest USD 300 million to set up a luxury hotel in Colombo, the government here today said.
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