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Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...- Ennismore opens first India hotel, targets travellers choosing experiences over goodsEnnismore, a global lifestyle hospitality company, has launched its first hotel in India. The Roswyn property in Mumbai offers 109 suites. ...
- India's hospitality sector enters a 'golden cycle' as luxury demand outpaces supply: NomuraIndia's hotel industry is entering a strong growth phase. Average daily rates are rising, and investment returns are attractive. Demand is ...
- Room with a view! More branded hotels check into state capitalsBranded hotels are set to expand across India's state capitals. Patna alone will see its branded hotel pipeline grow to eleven. Across the ...
- Hoteliers hope for swift West Asia reboundThe hospitality sector anticipates a strong recovery in the Middle East after the US-Iran ceasefire. Industry leaders expect occupancies in...
- Middle East tourism to bounce back after ceasefire, but rates may lagThe hospitality sector anticipates a strong recovery in the Middle East after the US-Iran ceasefire. Industry leaders expect occupancies to...
- Real estate advisory firm Savills acquires majority stake in HotelivateGlobal real estate firm Savills has acquired a majority stake in hospitality advisory firm Hotelivate, expanding its services in South Asia...
- Hotel brands to add 94,000 keys in India by '29India is experiencing a surge in branded hotel room construction, with 94,000 rooms slated for addition by 2028-29. Major players like IHCL...
- Nationwide occupancy of 67.5% highest in a decade in 2023-24: Hotelivate ReportIndia's branded hotel sector achieved a 67.5% nationwide occupancy rate in 2023-2024, the highest in a decade, with an average daily rate o...
- Kerala's backwater hub Kumarakom tops country-wide survey on revenue per available roomSet in the backdrop of Vembanad Lake, Kumarakom village is a popular tourist destination dotted with canals and backwaters. Its panoramic r...
- Rising occupancy, better room rates augur well for hotel stocksThis will also address the doubt in investors' minds whether the momentum seen in the June 2022 quarterly performance of the sector would c...
- MICE back in business as pandemic fears waneHospitality chains including Accor and Hyatt Regency confirmed a substantial pick-up in MICE enquiries and bookings over the past one month...
- Distressed hotels pin hopes on travel revivalMid-market hospitality player Lords Hotels & Resorts was bullish on its new management contract property in South Goa that had opened in Oc...
- Distressed hotels pin hopes on travel revivalBig chains like Tata group’s Taj, Oberoi and ITC Hotels also have their fingers crossed as they had depleted significant reserves to surviv...
- Pandemic takes the glitz out of luxury hotels as business traveling is crippledNew projects around the country will reduce the dependence on big city hotels to about 59% by FY25-26. Five years ago, the number was 69%.
- Travel and tourism sector likely to lose Rs 5 lakh crore due to COVID-19 crisis: ReportThe organised sector alone is likely to lose $25 billion.The figures are quite alarming and the industry needs immediate measures for survi...
- Hotelivate ties up with us firm to expand footprint in North AmericaHotelivate, which also launched its office in Singapore and is opening another one in Bangkok, said the partnership is aimed at marketing a...
- HVS to wrap up operations in India under existing arrangement, services moved to HotelivateHVS APAC chairman has launched Hotelivate, a new hospitality consulting firm which presently has offices in Delhi and Mumbai, with Singapor...
- Manav Thadani ends 20-year HVS partnership to set up own companyHVS was the biggest consulting firm in the hospitality business in India and provided hotel valuation, contract negotiation and brand manag...
- HVS hives off non-core services to new entityHVS India’s senior executives hold equity in the new entity along with the New York-headquartered firm’s CEO, Steve Rushmore Jr.
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