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HOTEL OCCUPANCY RATES
Weddings, leisure and corporate comeback put India’s hotels on a stronger H2 path: ReportIndia's hotel sector anticipates stronger growth in the latter half of FY27. Robust domestic leisure demand and recovering corporate travel...- Oyo parent PRISM closes FY26 with 50% revenue growth, reports PAT of Rs 994 crPRISM operates a single technology-enabled platform across more than 35 countries, with technology and product engineering, pricing and rev...
- Dubai hotels see bookings rebound as tourists return after Iran war shockUAE hotels are preparing for a visitor rebound ahead of the peak winter season. Dubai and Abu Dhabi are offering new incentives to attract ...
- IHCL's Ginger targets Rs 3,000 crore enterprise revenue by 2030Ginger is set to exceed ₹1,000 crore in enterprise revenue in FY27 from ₹814 crore the year ago. As of July 31, Ginger had a portfolio of 2...
- Mindspace REIT’s Q1 net operating income rises 28% to Rs 788 croreMindspace REIT achieved a remarkable 27.8% growth in net operating income this quarter. The firm broadened its development pipeline by addi...
- Cautious optimism in India's hospitality and travel sector amid West Asia crisisIndian travel companies and hotels expect a strong current quarter performance. Buoyant domestic travel and upcoming events will offset Wes...
- India's hospitality companies' revenue to grow 7-9% in FY27, West Asia conflict poses downside risks: ICRAIndia's hospitality sector anticipates seven to nine percent revenue growth this fiscal year. Premium hotel occupancy is expected to remain...
- REIT mutual funds vs REITs: Why the fund route may be the smarter betDespite their benefits, REITs have not found widespread acceptance. Tax treatment is a major hurdle. When investing directly in REITs, inve...
- Radisson India bets on smaller cities to hit 500 hotels by 2030: MD Nikhil SharmaRadisson Hotel Group targets five hundred hotels in India by twenty thirty. The company is expanding into emerging urban hubs and regional ...
- The surprising metrics of Goa's tourism boom led by traffic, villas and paneerAs flights and hotel occupancy fail to capture the number of tourists flocking to Goa, here are some unusual indicators that also mark the ...
- Rates for hotels up by 10-20% year on year for Independence Day weekendHoteliers expect brisk business for the upcoming Independence Day weekend. Rates for leisure properties are projected to rise by ten to twe...
- Leela reports operating revenue of Rs 353 cr for Q1, PAT at Rs 48.8 crLeela Palaces Hotels & Resorts saw operating revenue rise 28% year-on-year. Net profit increased more than fivefold to Rs 48.8 crore during...
- Embassy REIT Q1 revenue jumps 17% on strong GCC, AI leasingEmbassy Office Parks REIT posted 17% growth in Q1 revenue and net operating income, driven by robust leasing from Global Capability Centres...
- ITC Hotels reports net profit of Rs 182 cr for Q1FY27, revenue at Rs 936 crITC Hotels achieved Rs 936 crore revenue and Rs 182 crore profit in Q1 FY27. The company also acquired Welcomhotel Ahmedabad for Rs 155 cro...
- ITC Hotels Q1 Results: Net profit jumps 35% to Rs 180 crore; acquires GHK Hospitality for Rs 155 croreITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased comp...
- The Jaypee clue: Adani may be quietly building its next money-spinnerAdani Group is exploring management deals with Accor and ITC Hotels for acquired properties. This move signals a broader hospitality ambiti...
- Gone clubbing: Colonial-era gymkhanas across the country face a bleak futureColonial-era gymkhana clubs in India are facing an uncertain future as changing urban priorities, expiring land leases and shifting social ...
- The rains are winning: India's monsoon travel boom sends hotel bookings up 10-foldThe monsoon season is attracting many travelers to various Indian destinations. Popular spots like Goa and Kerala are seeing increased tour...
- Vatika Hotels refinance Rs 550 crore debt with KotakVatika Hotels has refinanced Rs 550 crore debt with Kotak Mahindra Bank. This move marks the exit of India Special Assets Fund III from the...
- 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...
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