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INTERGLOBE HOTEL BUSINESS
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...
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...
Tourism and hospitality ecosystem: Will it get hit harder due to the war’s second-order effect? 20 stocks to keep an eye onThe one thing that impacts the tourism and hospitality sector most is war. The reason is simple: Flights get disrupted, and the urge to tra...
Is the weak rupee a tailwind, or are valuations expensive? 7 stocks from the tourism ecosystem with upside potential of up to 30%It will not stop the rich from traveling abroad on their holidays. But the weakness of the rupee surely impacts fencesitters who might rewo...
Chaos at airports is also a reflection of … : 11 stocks from the tourism & hospitality space with upside potential of up to 33%Sometimes, unusual events give us a sense of the underlying situation in a sector. Yes, there is still chaos at airports because of the lar...
Accor, InterGlobe looking to beef up presence through Treebo franchise dealInterGlobe Enterprises and Accor are in discussions with Treebo for a master franchise partnership, aiming to expand their presence in Indi...
They will probably surprise many: 9 stocks from the tourism ecosystem, 6 with upside potential of over 23% in 1 yearAs the bears rule the street, take some time off and do a Google search. Check out hotel room rates in Mumbai or Delhi, or, for that matter...
Tourism sector: 7 tourism stocks from different segments with an upside potential of 23 to 59% in 1 yearIn a market where everything is correcting and stock prices are falling across the board, don't expect any sector to be spared by the bears...
Time to stay with them: 9 stocks from the tourism ecosystem, 7 with upside potential of over 26% in 1 yearWe can debate whether, after the run-up that hotel stocks saw in the past four years, they are still cheap. And whether you should buy them...
Holiday season, another tailwind: 10 stocks from hospitality sector ecosystem, 6 with an upside potential above 21% in 1 yearIn the good old days – and even today – one way of learning about investing was to figure out who the manufacturer of any product you were ...
Tourism sector: More than just hotels. 6 stocks from hospitality sector ecosystem with an upside potential of 11 to 46% in 1 yearTalk about the hospitality sector and there is a high probability that hotel stocks are what come to mind. But the hospitality sector is a ...
InterGlobe forays into Europe, opens boutique lifestyle Miiro Hotels in Paris, BarcelonaInterGlobe, which is the biggest shareholder in Mumbai-listed IndiGo airlines, has a hospitality division that has hotels in India as well ...
IndiGo promoter Bhatia family may sell 2% for $394 millionBhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling...
Holiday season starts with airlines getting full; 5 travel & hotel stocks to bet on for up to 38% gainsGiven the cyclical nature of consumption in some industries, there are particular quarters in which their performance stands out. Hotels an...
Holiday season cheer! 4 travel & hospitality stocks that can rise up to 37%Given the cyclical nature of consumption in some industries, there are particular quarters in which their performance stands out. Hotels an...
Analysts upgrade FY24 earnings of consumer discretionary sector leaders by 40-85%Analysts have increased their FY24 estimated earnings of sector leaders such as InterGlobe Aviation, Indian Hotels and PVR in the range of ...
Accor and InterGlobe Enterprises alliance on rocks after absence of consensus on hotel projectThere is discontent brewing between hospitality major Accor and Rahul Bhatia-led InterGlobe Enterprises over hotel projects, with absence o...
Bhatias of IndiGo Airline top bidder for GMR's Novotel Hyderabad hotelThe Bhatias of IndiGo Airline have emerged as top bidders for Novotel Hyderabad Airport, a GMR group hotel, in a deal worth Rs 300 crore.
- Accor to launch three hotel brands in India this year
Global hospitality major Accor on Wednesday said it will launch three hotel brands in India by the end of this year.
- IndiGo's Bhatia sells 35% in travel reservation subsidiary
Rahul Bhatia, a New Delhi-based entrepreneur who owns IndiGo airlines and InterGlobe group, is selling around 35% stake in the group’s trav...