In the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...

Saudi Arabia has implemented stricter penalties for hospitality providers in Mecca and Medina during Hajj to enhance pilgrim services. Repe...

An Indian LPG tanker, Jag Vikram, has successfully navigated the Strait of Hormuz, marking a significant development following a US-Iran ce...

A key reason for this optimism is that the company is placed well among the listed mid-sized hotels to gain meaningfully from improving dem...

Shares of the hotelier gained 62 per cent in the past one year.

At present, hotels that charge tariffs in this range pay 21-22% tax. Hotel tariffs above Rs 7,500 would attract GST rate of 28%.

Louvre is considering buying out the company completely over the next three years, people familiar with the deal said.

According to experts, the mid-hotel segment is expected to see an investment of close to Rs 6,600 crore, excluding land value, in the next ...

In the coming quarter, Taj GVK Hotels & Resorts would benefit from seasonality of business and new Vivanta by Taj in Begumpet near Hyderaba...

ICRA's research wing has upgraded its grading of Royal Orchid Hotels to C. This means that the company at present is fairly valued.

Mid- and small-sized hotels have performed much better than their large counterparts on various growth parameters such as cash flow from op...

High occupancy rates and revenue per room and low debt will drive growth of mid-sized hotels in the coming years.

Boosted by the robust economic growth and the revival in tourism, many hospitality majors are ramping up their capacities.

With slowdown hitting real estate and choking cashflow, several small realty firms have been forced to put at least half a dozen hotel proj...

The land prices in tier two and three cities were far lesser than metros, leading to lower costs in setting up a hotel. Shaping India's gro...

Dubai-Based retail major Landmark Group is firming up plans for its foray into the hospitality segment in India next year.

Growth plans of mid-market hotel companies have gone haywire with a 30-40% jump in land prices and a 14-15% hike in borrowing costs in a ye...