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INTERNATIONAL HOTEL EXPANSION
Espire Hospitality posts revenue of Rs 141 crore for FY26, PAT at Rs 8 croreEspire Hospitality has achieved a landmark financial year 2026, reporting Rs 141 crore in revenue, a 17% increase, and Rs 8 crore in profit...
Omaxe to invest Rs 6,200 crore to expand the hospitality verticalOmaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These dev...
International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
One Atmosphere to invest Rs 500 crore for the expansion of luxury service apartments verticalONE Atmosphere is investing Rs 500 crore to expand its luxury service apartments, aiming for 7500 keys in India and abroad over five years....
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
Tourism sector can create 100 million more jobs by 2047: FAITHIndia's tourism sector is set for a massive job surge, potentially creating 100 million direct jobs by 2047. Industry leaders emphasize the...
ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
Jairam Ramesh writes to Sarbanand Sonowal, seeks clarifications on Great Nicobar project's transhipment portCongress leader Jairam Ramesh has questioned Union Minister Sarbanand Sonowal about the Great Nicobar Island project's transhipment port, s...
Betting on India’s travel boom? Motilal Oswal sees TBO Tek and Ixigo as key beneficiariesThe industry has evolved significantly over the past two decades—from a fragmented, offline agent-driven market to a digitally enabled ecos...
Great Nicobar project: Ramesh flags non-transparency in latest letter to Environment MinisterCongress leader Jairam Ramesh has raised concerns about the Great Nicobar Island project. He has written to the Environment Minister, highl...
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 ...
Flying internationally with Air India? Here's what you should know about the new ‘Easy Connect’ ruleAir India launches Easy Connect to simplify international travel. Passengers can complete some formalities at their origin airport. This in...
TSC India announces expansion into hotels and visa servicesJalandhar-based TSC India Ltd has expanded its travel services platform by entering the hotels and visa segments. The company acquired GITH...
IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
DS Group to launch Marriott International’s W Hotels brand in Delhi NCRDS Group is launching a 200-room W Hotels property in Delhi NCR in 2027, investing Rs 400 crore. This expansion increases their hospitality...
DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv KumarDS Group is boosting its hospitality investment to Rs 1,500 crore. The conglomerate plans to double its room count ahead of its 2029 target...
Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
India among Marriott's fastest-growing markets; footprint to double in 5 yearsMarriott International sees India as a key growth market. The company plans to double its hotel presence in India within five years. This e...
Prestige Group to invest Rs 1,800 crore in integrated destination at Bengaluru Airport CityPrestige Group will invest Rs 1,800 crore to build a large integrated destination at Bengaluru Airport City. The project will feature a con...