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HOTEL INTERNAL RATES OF RETURN
UK asylum seekers face £10,000 charge before they can apply to settleBritain is proposing asylum seekers repay around £10,000 for accommodation and support before settlement eligibility. This move aims to det...
Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to knowOyo's parent company, Prism, has filed for a Rs 6,650 crore IPO, with plans for a potential pre-IPO placement. The bulk of the funds will b...
Psychology says people who love camping may be giving their brains something modern life can'tEscape the daily grind and discover why nature offers a profound mental reset. Psychology reveals that extended time outdoors, especially t...
Best dynamic bond funds to invest in June 2026Confused by interest rate shifts? Dynamic bond funds offer a solution, allowing managers to adjust investments based on market outlook. Whi...
Oyo parent Prism files updated IPO papers for fresh issue worth Rs 6,650 croreOYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceed...
PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality...
Espire Hospitality posts revenue of Rs 141 crore for FY26, PAT at Rs 8 croreEspire Hospitality has achieved a landmark financial year 2026, reporting Rs 141 crore in revenue, a 17% increase, and Rs 8 crore in profit...
Omaxe to invest Rs 6,200 crore to expand the hospitality verticalOmaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These dev...
Can a mutual fund SWP pay your home loan EMIs? 15 years of data says think againMost investors struggle as they watch their portfolio shrink while EMI obligations remain fixed. The temptation to stop the SWP or redeem t...
FIFA World Cup, higher airfares shape global summer travel trends in 2026: ReportDespite economic headwinds and global tensions, summer travel demand remains robust, with travelers shifting destinations rather than cance...
Sarovar Hotels plans to double branded residences portfolioSarovar Hotels is poised to expand its footprint in the branded residences sector, intending to double its portfolio within a year. With 80...
Japan 'snow monkey' park to cap visitors after overcrowding, bad behaviourJapan's famed "snow monkey" park in Nagano is implementing visitor caps and an online booking system to manage a surge in tourists. The Jig...
International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
Adani Airports to invest Rs 20,000 crore in airport cities spanning 655 acresAdani Airport City Limited is investing over ₹20,000 crore to build integrated airport cities across six Indian airports. These development...
Sri Lanka offers better value than Rishikesh, man claims after staying in beach-facing hotel for half the priceA recent social media post highlighted a stark cost difference between domestic and international travel, with a friend opting for Sri Lank...
Manglam Group to invest Rs 350 crore in Sheraton hotel in JaipurRajasthan's Manglam Group is investing Rs 350 crore to build a 220-key Sheraton Hotel on the Jaipur-Ajmer Highway, marking their third part...
Spark by Hilton debuts in APAC, opens 2 hotels in Bengaluru, GoaHilton has launched its Spark by Hilton brand in Asia Pacific with new hotels in Bengaluru and Goa. This expansion is part of a significant...
Russia's premier geopolitical platform launched in Moscow with focus on regional conflictsMoscow is hosting the 12th 'Primakov Readings' forum, coinciding with IMEMO's 70th anniversary. Over 400 global experts are debating a "Wor...
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...
West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...