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HOTELS BUSINESS
Hotels business has hit a critical mass for ixigo, co confident of triple digit growth in hotels: Group CEOixigo has reported substantial growth in its hotel business, surpassing 5,000 room nights booked daily. The company is aiming to become a l...- 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...
- In 1897, gold discoveries helped establish Ballarat near Death Valley, and its population reached 400 by 1898; today, adobe ruins remain after the mining boom fadedBallarat, founded in 1897 in the notorious Death Valley of California, flourished as a mining hub following the gold rush in the nearby Pan...
- Ixigo reports 13% revenue growth in Q2; posts Rs 63 crore in net profitIxigo has reported a remarkable turnaround for the September quarter, showcasing a 13% year-on-year revenue growth, reaching Rs 321 crore. ...
- What is Kavya Maran's net worth, educational qualifications? Sun TV heiress set to marry Anirudh RavichanderKavya Maran, CEO of Sunrisers Hyderabad, is reportedly set to marry music composer Anirudh Ravichander. The Sun TV heiress studied at Stell...
- Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathyIndia's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen...
- Rafael Nadal built a tennis academy in 2016; nine years later, he sold a 44.9% stake for about €94 millionRafael Nadal is not just a tennis champion but a savvy entrepreneur as well. He founded the Rafa Nadal Academy, enhancing both athletic tra...
- 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...
- In 2010, Ashton Kutcher helped launch a $30 million investment fund; 6 years later, its portfolio had grown to $250 million through bets on Uber and AirbnbKutcher became a widely known actor through films and television shows. After getting famous, his interest in business also grew gradually....
- In 2019, Todd Interests took over a vacant 52-story bank tower; a $450 million redevelopment turned it into a hotel, apartments and retail hubTodd Interests stepped in at a crucial time when the redevelopment had faced several delays. Before this, Drever Capital Management had pre...
- Home Secretary tenders unconditional apology to SC over non-compliance on Delhi restrictions, seeks discharge of contempt noticeUnion Home Secretary Govind Mohan has apologized unconditionally to the Supreme Court concerning a contempt notice issued. He clarified tha...
- India's alternative accommodation market expected to reach $4.7 billion in GBV by FY29: ReportIndia’s alternative accommodation market is projected to grow to $4.7 billion in gross booking value by FY29 from $2.6 billion in FY26, acc...
- Beware WFH employees who enjoy travel: Man gets fired as boss catches him in Singapore instead of home but ruling calls it 'unfair'A Sydney-based currency trader was fired after his employer tracked his work laptop to a Singapore hotel while he claimed to be working fro...
- Australia without migrants! Hotel association posts an apocalyptic video showing how the country will look without foreign worker from empty sheleves at supermarket to no coffeeA viral advertisement by the Australian Hotels Association uses exaggerated scenes to illustrate how the departure of migrant workers could...
- Delhi High Court seeks FSSAI, Centre's response on sale of non-dairy products as paneerIn a significant move, the Delhi High Court has called for replies from the FSSAI, the Centre, and the Delhi government concerning a public...
- Protests, traffic curbs in Delhi hit hotel businessProtests in Delhi are causing significant disruptions, leading to a notable decline in hotel occupancies across the city. Companies have ch...
- Robert De Niro helped turn one Japanese restaurant into Nobu; decades later, the brand expanded into hotels and a £360 million residential projectIn the late 1980s, De Niro started eating at a small sushi shop in Beverly Hills. Chef Nobu Matsuhisa ran the spot. De Niro loved the food....
- Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this yearITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds...
- Isprava Group appoints former Chalet Hotels chief Sanjay Sethi as strategic advisorIsprava Group has appointed Sanjay Sethi as Strategic Advisor for its hospitality and luxury home divisions. This decision aims to strength...
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