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HOTEL INDUSTRY
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...
Bears control sentiment. Structural changes control growth. 5 stocks from the water management spaceThere is little doubt that the market is facing some fierce headwinds. But remember this: A headwind, however fierce, can only do two thing...
Booking.com targeted in EU investigation into phishing scams, fraudulent listingsThe Commission, which is the EU tech and competition enforcer, said it opened an investigation following a preliminary probe and after anal...
Sweet sellers face heat over shelf life rules ahead of DiwaliWatchdog agencies in states such as Uttar Pradesh and Uttarakhand are among those that have made this mandatory. The directive aims to help...
Indians travel more despite costly flights, hotel rates to jump 27% post-DiwaliTravel bookings are on the rise for the festive season, with significant demand reported by various companies. Average hotel rates are expe...
Watch: How CISF jawan chased suspicious man carrying 155 gm gold paste at Delhi Jama Masjid Metro stationA CISF jawan chased and caught a man carrying 155 grams of suspected gold paste at Delhi Metro's Jama Masjid station. CCTV footage shows th...
Tech picks: Indian Hotels among 5 stocks to buy for healthy returns in short termThe Indian stock market is rebounding, powered by robust investments in IT sectors and encouraging earnings reports. Analysts highlight fiv...
Nifty rally faces crucial test at key resistance levels: AnalystsNifty gained 3% last week, forming a higher-top and higher-bottom structure, indicating bullish sentiment. Analysts suggest it must breach ...
Ventive Hospitality in talks to acquire 2-3 luxury hotelsVentive Hospitality, a joint venture between Panchshil Realty and Blackstone, is in discussions to acquire luxury hotels. The company aims ...
Cleartrip eyes sustained revenue growth driven by air travel, non-air businessCleartrip expects to sustain its growth momentum in 2027, with non-air services such as hotels, buses, trains and holiday packages gaining ...
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...
From Deoghar to Udupi: Family offices bet Rs 2,000 crore on hotels in pilgrimage townsNearly Rs 2,000 crore has been committed across key religious destinations over the past 12-18 months, according to Noesis Hotel Advisors, ...
In 1897, gold discoveries helped establish Ballarat near Death Valley, and its population reached 400 by 1898; today, adobe ruins remain after the mining boom fadedBallarat, founded in 1897 in the notorious Death Valley of California, flourished as a mining hub following the gold rush in the nearby Pan...
Rafael Nadal built a tennis academy in 2016; nine years later, he sold a 44.9% stake for about €94 millionRafael Nadal is not just a tennis champion but a savvy entrepreneur as well. He founded the Rafa Nadal Academy, enhancing both athletic tra...
Lemon Tree Hotels announces signing of MoU with Omaxe for operating 4,000 keysCarnation Hotels Private Limited has signed a Memorandum of Understanding with Omaxe Limited for a new hospitality venture. This partnershi...
Robust pipeline: Hotel chains look beyond metros for growthIndia's hospitality sector is set to add 161,074 branded hotel rooms over the next five years. Approximately 117,000 of these rooms are cur...
India's alternative accommodation market expected to reach $4.7 billion in GBV by FY29: ReportIndia’s alternative accommodation market is projected to grow to $4.7 billion in gross booking value by FY29 from $2.6 billion in FY26, acc...
Australia without migrants! Hotel association posts an apocalyptic video showing how the country will look without foreign worker from empty sheleves at supermarket to no coffeeA viral advertisement by the Australian Hotels Association uses exaggerated scenes to illustrate how the departure of migrant workers could...
In 2009, a hotel guest asked what happened to leftover soap after checkout, his initiative later distributed over 100 million recycled barsThat question led to the creation of Clean the World, an organisation that collects used hotel soap, recycles it and distributes new bars t...