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HOTEL INVENTORY SHORTAGE
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...- Commercial LPG cylinder rates on June 1: Prices hiked by Rs 42 in DelhiCommercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...
- Govt hikes commercial LPG allocation to 50 pc as domestic output improvesCommercial LPG supplies to key sectors like hotels and restaurants have been boosted by 20 percent. This brings the total allocation to 50 ...
- Hotel Association of India: AI Summit hotels charge Rs 40,000 to Rs 60,000 per nightAccording to the Hotel Association of India, during the AI Impact Summit majority of accommodations were secured at prices ranging between ...
- Hospitality sector on hiring spree as festive season nearsThe hospitality sector in India is experiencing a shortage of staff and is now hiring additional talent for various roles in hotels and res...
- Hotel companies put Covid blues behind them, to launch more propertiesZubin Saxena, managing director for South Asia at Radisson Hotel Group, said the chain opened three hotels last year and is on track to ope...
- Hotel tariffs get dearer, rooms scarcer in Uttar PradeshThe Kumbh Mela, the world’s largest religious gathering, started on January 14 and will go on till March 4.
- Kumbh Mela effect: Hotel tariffs get dearer, rooms scarcer in UPHotel tariffs in Varanasi have more than doubled in some cases, while budget hotels in Prayagraj, earlier available for about Rs 2,000-3,00...
- Oyo good for market: KJ AlphonsThe tourism ministry came out with its own set of voluntary guidelines for OTAs and bed-and-breakfast establishments and home-stay options ...
- Vibrant Gujarat summit outgrows as PM Narendra Modi becomes a global starHotels have increased tariffs by up to 20% to cash in on the busy period. "During the Vibrant summit, rates are steep," said Alex Koshy.
- Hospitality sector in recovery, pushes for infra statusThe aftermath of Gobal slowdown, Mumbai terror attacks and pandemic H1N1 virus scare together with the advise from travel agents to resched...
- Demand for cheap hotel room soarsCorporates have been cutting down on their travel tremendously and those who have a compelling reason to travel are being asked to downgrad...
- Housefull hotels make room for service apartmentsHaving filled the breach left by an acute shortage of hotels rooms in India, service apartments segment is coming into its own with the ent...
- Ministry wants tax sops for tourismThe ministry of tourism has proposed to the finance ministry to reintroduce section 80 HHD of the Income-Tax Act in the forthcoming Budget.
- Net-savvy tourists take occupancy levels to new highsThanks to a regular flow of tourists and business travellers, hotels across the country are seeing an all-time high occupancy levels.
- Hotel chains to pump in Rs 4,500 crore in 2 yearsGlobal hospitality majors such as Intercontinental, Starwood, Hilton, Accor, Carlson are all stepping up their global offerings in the Indi...
- Tourism may get only 20% moreEven though the government has identified development of tourism sector as part of the initiative to increase investment in the infrastruct...
- Patel motels look for space in IndiaThe paucity of hotels in the country has caught the attention of Asian American hotel owners.
- Hilly hospitality may cost lessBuying hotel and resort properties located in hill stations after Budget 2007 could turn out to be a good investment avenue.
- Hospitality needs fresh faces to welcome guestsWith hospitality industry set to add 53,000 new rooms across 40 properties over the next five years, the industry needs about 94,000 fresh ...
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