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HOTELS COVID
West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: ReportPower and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technolog...
Haldiram's new diner to bring mithai, namkeen to London's Leicester SquareHaldiram's is launching its first UK restaurant in London's Leicester Square next Thursday. The eatery aims to introduce Indian sweets and ...
WFH 2.0 in Gurgaon? Haryana wants companies to adopt work from home to beat traffic, save fuelHaryana urges private firms to embrace work-from-home and staggered schedules to combat traffic congestion and rising fuel costs. This init...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunitiesDipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging ...
Dubai hospitality gets a nine-day breather during Eid al-Adha holidaysIn anticipation of the Eid al-Adha holidays, hotels across Dubai and Abu Dhabi are seeing a notable spike in reservations, a promising sign...
After journalist's human rights query, India rejects allegations, defends democratic valuesIndia has firmly rejected claims of human rights violations. A senior diplomat highlighted the nation's constitutional commitment to justic...
Thailand cuts visa-free stays for more than 90 countries, citing crime by foreignersThailand is drastically cutting the length of visa-free stays for tourists from more than 90 countries in an effort to curb crime involving...
Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
Demand for cruises appears undimmed despite hantavirus and other onboard outbreaksDespite recent hantavirus and norovirus outbreaks on cruise ships, industry experts anticipate a record number of passengers this year. Man...
IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Despit...
Lodha Developers aims 2.5-fold jump in annual net profit to Rs 8,500 cr by FY31: MD Abhishek LodhaLodha Developers plans a significant profit increase by fiscal 2031. The company targets over Rs 8,500 crore in net profit. This growth is ...
A tiny Arctic village in Alaska is trying to revive its polar bear tourism industryKaktovik, Alaska, a village near the Arctic Circle, is planning to restart polar bear tourism. The village, which hosted thousands of touri...
From Paris to Phuket: The new logic guiding Indian summer travelIndian summer travel plans are shifting. Due to Middle East tensions and rising airfares, long-haul trips to Europe and the US are being re...
IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
IHCL's diversification strategy shields growthIHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector re...
Global tensions have failed to deter demand for travel: Hyatt Asia Pacific Prez David UdellTravel demand remains strong globally, with people rerouting trips instead of cancelling. This benefits Asia Pacific markets. Hyatt sees su...