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LUXURY HOTEL SALARY INCREASES
As hotels seek quality talent, salaries of senior roles see substantial jumpSenior hospitality executives, particularly general managers, have seen substantial pay increases due to market demand and talent shortages...- At 22, he built a gym machine in his garage. Now, the man behind the ‘Ferrari of fitness’ is looking to IndiaTechnogym founder Nerio Alessandri is looking to expand the Italian fitness and wellness company's presence in India, where fitness facilit...
- IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are sayingIHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel ma...
- This California city’s mayor declared rental emergency as rents soared 25% in 2026. Is AI to blame?San Francisco rents have jumped 25% in a year, with two-bedroom apartments topping $6,000 a month. As the mayor declares a rental emergency...
- IHCL reports revenue from operations of Rs 2484 cr for Q2, PAT at Rs 380 crIndian Hotels Company Limited has announced a revenue of Rs 2484 crore for the second quarter. The company expects to surpass its goal of a...
- IHCL Q2 Results: Tata Group-owned hotel chain's net profit jumps 19% to Rs 379 croreIndian Hotels Company Ltd, under the Tata Group, has announced a remarkable 19.35% rise in consolidated profit for the September quarter, s...
- Bird Group plans to double the business across all verticals by 2030Bird Group has signed a lease for developing a hotel on 12 acres in Shillong. The hospitality arm aims to increase its keys from 600 to app...
- 8th Pay Commission gross salary hike: How Level 3 employees may get Rs 69,000 gross pay in 8th CPC8th Pay Commission salary calculator: Scheduled for October 22 and 23 in Mumbai, the 8th Pay Commission meetings will address key topics su...
- Number of branded housing projects in India set to jump over 2-fold in 6 years: SavillsReal estate firms in India are anticipating a significant increase in branded residences by 2032. A report suggests nearly 25 ultra-luxury ...
- 'You Can See Everything': Who is Elizabeth Holmes' partner Billy Evans and what does he think of the controversial documentary?The A24 documentary 'You Can See Everything' tells the story of Elizabeth Holmes and her partner William Evans. Holmes, the founder of Ther...
- Ixigo shares rally 13% after travel platform reports all-time high profitIxigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boosted by the sale of its stake in Fre...
- Ventive Hospitality in talks to acquire 2-3 luxury hotelsVentive Hospitality, a joint venture between Panchshil Realty and Blackstone, is in discussions to acquire luxury hotels. The company aims ...
- China's luxury demand recovery may remain elusive, forcing global brands to rethink growth: Bernstein reportA report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors su...
- 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...
- Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise pricesLuxury carmakers such as Mercedes-Benz, BMW, and Audi have increased vehicle prices after a GST cut. The price hikes are a response to risi...
- 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...
- Leela reports operating revenue of Rs 412 cr in Q2FY27, PAT at Rs 95 crLeela Palaces Hotels & Resorts achieved a revenue of Rs 412 crore in quarter two of FY27. This reflects a 33% increase compared to the same...
- India Inc to give 9.1% pay hike in 2027, almost similar to 2026: AonIn 2027, employees across India Inc are projected to enjoy a salary boost of 9.1%, as reported by Aon Plc. However, the attrition rate has ...
- Planning a job switch? These sectors may see the biggest salary hikes in 2027Salaries in India are projected to increase by 9.1% in 2027 after a 9% rise in 2026. Non-banking financial companies are expected to lead i...
- ‘Mercedes on API salary’: Bombay HC questions Sachin Waze’s bail in Antilia caseOn Thursday, the Bombay High Court raised concerns regarding dismissed Assistant Police Inspector Sachin Waze's financial activities. Waze,...
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