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MARKET MD FOR EURASIA
India, UAE jointly eye African and Eurasian marketsUAE President Md Bin Zayed's visit to New Delhi focused on defense and economic ties. Both nations aim to connect micro, small, and medium ...
Africa’s Croesus Aliko Dangote inspired by Reliance; now seeks to rival Jamnagar refineryNigerian multi billionaire businessman, also the richest in Africa is hero to some and monopolist to others. He is seeking India Inc’s help...
Hotel stays for rooms with tariff till Rs 7,500 to cheaper by up to Rs 525 from MondayEffective Monday, hotel rooms costing Rs 7,500 or less will see a price reduction of up to Rs 525 due to revised GST rates. The reduction f...
M&M puts Finnish company Sampo on the blockMahindra & Mahindra is divesting Sampo Rosenlew Oy, a Finnish combine harvester manufacturer, as part of its strategy to focus on core busi...
Wyndham Hotels & Resorts appoints Rahool Macarius as new market MD for EurasiaWyndham Hotels & Resorts appoints Rahool Macarius as Market Managing Director for Eurasia, emphasizing the company's commitment to expandin...
Hotel cos, developers see room for growth in branded residences segmentLuxury hotel chains are partnering with real estate developers to launch branded residences projects in India. Marriott International, Radi...
Mankind Pharma competes with EQT-ADIA combo for Rs 14,000 cr buyout of BSV Group from AdventThe buyout of BSV Group (formerly Bharat Serum & Vaccines Ltd) is contested by Mankind Pharma and EQT with ADIA, each offering around Rs 14...
Corporate travel sees a drop amid extreme weather, election heatThe industry expects corporate travel to pick up soon, with the arrival of monsoon rains, schools opening, and work life getting back to no...
Hotel chains chase customers with tailor-made loyalty programmesThere has been a noticeable surge in consumer interest in loyalty programmes in India, paralleling the expanding middle class and rising di...
Rs 7 lakh a night: Indians ready to pay lakhs for Dec 31 hotel stayDec 31 Hotel Prices: Rents at Leela Palaces Hotels & Resorts properties in Delhi, Jaipur and Udaipur are at record highs, a company spokesp...
Ayodhya hotels suite up for Ram Mandir inaugurationAs per estimates shared by JLL, currently, there are five branded hotels comprising 520 rooms under various stages of development in the ci...
How temple tourism competes head on with beach tourismA boom in spiritual tourism is gathering strength in India. Tourism ministry data shows over 60% of tourism in India is in the religious an...
Hotel brands book into small towns with big potentialBe it Khajjiar in Himachal Pradesh, Kevadia and Vithalapur in Gujarat, or Hoshiarpur in Punjab - many lesser-known locations in India are b...
Hotels seek to cash in on religious tourism boomPilgrimage tourism has rebounded in the nation of multiple faiths after two consecutive years of Covid-induced curbs, prompting hotel compa...
Hotel signings expected to rise as good times roll onSome chains looking to double signings as pent-up demand strong, say players. Jaideep Dang, managing director, hotels and hospitality group...
Hotels see room for strong growth on surge in travelNikhil Sharma, regional director for Eurasia at Wyndham Hotels & Resorts said the pace in the period from January to March 2023 looks posit...
In-space propulsion startup Bellatrix seals $8 million funding roundThe funding round saw the participation of StartupXseed, Pavestone Capital, Survam Partners, Karsemven Fund, the Mankind Pharma family offi...
Hotel chains gear up for good business in the aftermath of global pandemicOwing to the ease in regional travel restrictions and further resumption of scheduled international operations, we are optimistic for the u...
Wedding bells bring joy to hotels business as states lift curbsAfter a dismal start to the year due to the highly transmissible Omicron variant and the ensuing travel curbs, February looks promising for...
Bookings up in many hotels as India Inc gets moving againAt Aero City in the national capital, hotels of multinational hospitality chain Accor, the largest operator in the area with around 1000 ro...