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HOTEL ROOM RATES SURGE
BRICS effect: Delhi luxury hotels sell out, room rates surge ahead of SummitNew Delhi's luxury hotels face severe room shortages and soaring prices. Several top properties show no availability for the upcoming BRICS...- Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
- Launch of 6,000 luxury hotel rooms likely in Delhi NCR by 2030Delhi NCR anticipates significant hotel room additions by 2030. New luxury hotels from Taj, Marriott, and Hyatt are planned. Approximately ...
- No room for CASual volatilityThe recent Closing Auction Session has led to dramatic swings in the market, resulting in major losses for investors. While the intention b...
- 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...
- FSSAI issues notice to Delhi's JW Marriott, Juniper Hotels over misprinted license, food hygieneFSSAI flagged serious food safety and hygiene violations at Delhi's JW Marriott hotel. Inspections revealed issues with sanitation, storage...
- 124-year-old Arizona hotel is said to be haunted by an Irish miner’s ghost. Tourists may hear whispers and laughter in empty rooms. But there’s more…The Oatman Hotel in Arizona, established in 1902, invites adventure-seekers with its haunted history and ghostly legends. Once bustling wit...
- Delhi family stays at Oberoi Udaivilas Hotel for 10 days, allegedly leaves without paying nearly Rs 6 lakh billA luxury stay turns sour at the Oberoi Udaivilas Hotel as the management reports a Delhi family to the police for not settling a massive bi...
- Global Market: ECB may raise rates in September as Iran war fuels inflation concerns: ReportsEuropean Central Bank policymakers are increasingly leaning towards a September rate hike as the Iran conflict drives up energy prices and ...
- India’s flights may stay expensive even as fuel gets cheaper: S&PAsia-Pacific airlines may maintain higher airfares as passenger demand remains strong. This strategy allows carriers to recover elevated op...
- ‘You lose freedom, they lose privacy’: Gurgaon CEO on how overnight stays can be uncomfortable and why guests and hosts may secretly prefer a hotelGurgaon-based CEO Jasveer Singh sparked a discussion on X about the hidden discomfort of overnight stays. He said guests can lose freedom w...
- Diversity of consumers and range of price points make India a terrific laboratory for testing brands & new products: Anthony Capuano, president and CEO, Marriott InternationalMarriott International, the world’s largest hotel chain, is expanding aggressively beyond India’s biggest cities, aiming to nearly double i...
- 'Romance on Moon': In 2002, a NASA intern stole $21 million lunar rocks and put them under the sheets to spend the night with girlfriendIn 2002, NASA intern Thad Roberts and accomplices stole about 17 pounds of lunar samples and a meteorite from the Johnson Space Center, wit...
- Will IHCL's merger with Oriental Hotels unlock value for shareholders? Here's what Goldman Sachs, Nomura, and others sayIHCL’s merger with Oriental Hotels is expected to be EPS accretive and strengthen its presence in South India, according to brokerages. Nom...
- Buy, Sell or Hold: Antique initiates coverage on Astra Microwave Products; Goldman Sachs recommends Buy on Indian HotelsTop brokerages have flagged upside in PB Fintech, Astra Microwave Products and Indian Hotels Company, with Bernstein retaining an Outperfor...
- Explained: What Oriental Hotels’ merger with IHCL means for shareholdersIHCL will merge Oriental Hotels into itself through an all-stock transaction, with Oriental Hotels shareholders set to receive 25 IHCL shar...
- IHCL announces merger with Oriental HotelsIndian Hotels Company Limited will merge with Oriental Hotels Limited through a Scheme of Arrangement. This merger aims to simplify the gro...
- Japan's newest five-star hotel was once a jail for 109 years. Here's how much one night stay costs hereA former juvenile prison in Nara, Japan, built in 1908 and used until 2017, has been transformed into a five-star Hoshinoya hotel. Around 5...
- Investors dump India bonds after hawkish RBI minutesDomestic bonds experienced mounting pressure after the Reserve Bank of India's recent policy minutes conveyed a hawkish tone. The escalatio...
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