Searched for
MID TIER HOTELS
Mountain bookings up 76 per cent in June as urban Indians flock to hills: ReportIndian mountain getaways are booming, with Zostel reporting a 76% surge in Shimla bookings and nearly 95% growth in other popular spots lik...- 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...
- Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...
- 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...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- MakeMyTrip expands Myra into a full conversational booking assistantMakeMyTrip has unveiled Myra 2.0, a significant upgrade to its AI-powered travel assistant, enabling complete conversational booking journe...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- Dubai plotting a comeback as Iran war hammers its hottest marketReal estate activity in Dubai has dropped sharply after geopolitical tensions involving the US and Iran affected investor sentiment, accord...
- Mid-tier hotels, power transmission stocks and consumer staples hold promise: Sunil SubramaniamIndia’s travel boom is shifting to mid-tier hotels as GST cuts, rising incomes, and medical tourism drive demand, says Sunil Subramaniam, C...
- 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...
- Hotel companies go big on leisure and pilgrim towns as travel boomsThe share of hotel rooms in the tier-II and tier-III cities increased to 38% of the total inventory at the end of 2022 from 33% four years ...
- Hotels expand presence in tier-II cities amid booming leisure travelThe share of hotel rooms in the tier-II and tier-III cities increased to 38% of the total inventory at the end of 2022 from 33% four years ...
- Berggruen to add 20 'Keys Hotels' by 2018-end in IndiaIn future, the volume will come through franchise though "our best delivery is when we manage a hotel. Our focus will be on both going forw...
- InterContinental Hotels to open 47 properties in India by 2020InterContinental Hotels Group will open 47 new properties in India by 2020, mainly in the mid-scale segment, as part of its expansion plans.
- Apeejay Surrendra Park Hotels is planning to add 1,600-2,000 rooms to the portfolioApeejay Surrendra Park Hotels will launch 4 properties under the brand in 2015--in Jaipur, Chennai, Mahabalipuram & Raipur--reaching a tota...
- Luxury hotels shift focus to mid-market brandsWhile a luxury hotel costs at least Rs 1 crore per room, a mid-market brand can be constructed for around Rs 30-35 lakh per room.
- Lalit Hotel to invest Rs 1200-cr in next three yearsLuxury hotel chain, The Lalit, will be investing Rs 1,200 crore towards expansion of its business in the next three years, which also inclu...
- Hotel companies: Higher occupancy, room rates to drive growthHigh occupancy rates and revenue per room and low debt will drive growth of mid-sized hotels in the coming years.
- Tier-2, 3 cities witness growth in mid-segment hotelsThe 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...
- Mid-sized hotels look to smaller citiesGrowth 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...
Load More
