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HOTEL KEY OPERATIONS IN INDIA
Kerten Hospitality aims to operate 5000-7000 keys in India over the next five years: CEOIntroducing its first hotel in Shimla, Kerten Hospitality, an innovative Irish lifestyle brand, has officially launched in India. The compa...- Brigade Enterprises signs Hyatt Hotels to manage two hotels in BengaluruBrigade Enterprises Ltd has forged a partnership with Hyatt Hotels Corporation to launch two new hotels in Bengaluru, including the Hyatt R...
- ITC Hotels reports revenues of Rs 1054 cr for Q2, PAT at Rs 203 crITC Hotels reported strong second-quarter growth, with revenue rising 26% and net profit increasing 52% year on year, supported by higher r...
- Nagaland gets its first five-star hotel as Polo Hotel Kohima opens, boosting state’s hospitality offeringPolo Hotel Kohima has recently been inaugurated as Nagaland's first five-star hotel to boost local tourism. The hotel aims to create job op...
- Tourism is the sector the market writes off in a downturn. Is it indicating something else? 7 stocks with upside potential of up to 27%For years the street has believed that when the economy slows, tourism and hotels are the first to feel it. The logic: A hotel stay is not ...
- As hotels seek quality talent, salaries of senior roles see substantial jumpSenior hospitality executives, particularly general managers, have seen substantial pay increases due to market demand and talent shortages...
- At 22, he built a gym machine in his garage. Now, the man behind the ‘Ferrari of fitness’ is looking to IndiaTechnogym founder Nerio Alessandri is looking to expand the Italian fitness and wellness company's presence in India, where fitness facilit...
- IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are sayingIHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel ma...
- Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
- 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...
- EAM Jaishankar thanks Rubio for Taj 26/11 tribute; calls for 'zero tolerance on terror'S Jaishankar expressed gratitude to US Secretary of State Marco Rubio for honoring 26/11 terror attack victims. He highlighted the importan...
- Bird Group plans to double the business across all verticals by 2030Bird Group has signed a lease for developing a hotel on 12 acres in Shillong. The hospitality arm aims to increase its keys from 600 to app...
- Ixigo shares rally 13% after travel platform reports all-time high profitIxigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boosted by the sale of its stake in Fre...
- 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 ...
- 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, ...
- ixigo Q2 profit at Rs 63 cr on robust show in hotel booking bizIxigo reported a remarkable turnaround with a consolidated net profit of Rs 63.42 crore for the September quarter, bouncing back from a net...
- 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...
- Omaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keysOmaxe Ltd has signed an MOU with Carnation Hotels, a subsidiary of Lemon Tree Hotels, for new hotel projects. This collaboration will focus...
- Leela reports operating revenue of Rs 412 cr in Q2FY27, PAT at Rs 95 crLeela Palaces Hotels & Resorts achieved a revenue of Rs 412 crore in quarter two of FY27. This reflects a 33% increase compared to the same...
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