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MIDSCALE HOTEL BRANDS
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...
- Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 statesReal estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will inves...
- Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...
- 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...
- 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...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%In the initial phase of recovery, because every stock was beaten down, we may see a rally with good market breadth. But, over time, stocks ...
- Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPOAs many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's a...
- 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...
- India’s hotel expansion gains pace, draws institutional capital into real estate foldIndia's hotel sector is set for robust growth, with operators planning over 70,000 new rooms by 2030. Driven by strong domestic travel and ...
- Hilton announces strategic agreement with Royal Orchid Hotels for 125 New Hampton by Hilton HotelsRoyal Orchid Hotels and Hilton are embarking on a partnership, planning the launch of 125 Hampton by Hilton hotels across India. Targeting ...
- Brigade Hotel Ventures files DRHP for Rs 900 crore IPOThe company entered the hospitality sector in 2004 with the launch of its first property, Grand Mercure Bangalore, which commenced operatio...
- Lemon Tree Hotels shares jump 3% on signing licensing agreement for new propertyLemon Tree Hotels' shares rose 3% after announcing a new property on Mira Road, Mumbai, set to open in FY 2026. Managed by Carnation Hotels...
- Why midscale hotel chains are snapping up standalone propertiesTravellers often prefer midscale hotels as they offer a balance between affordability and quality, says Chander Baljee, CMD, Royal Orchid H...
- Marriott International inks five-hotel deal with SAMHI HotelsThe brand expects to add 583 new rooms to its existing portfolio. The additions will be at destinations including Chennai, Pune, Goa, Delhi...
- Hilton Worldwide targets Millenials with new midscale brand 'Tru by Hilton'Hilton Worldwide has launched a new midscale brand called 'Tru by Hilton'. The brand, is targeted at the "cost-conscious" travelers, with r...
- AccorHotels to run Blue Rock’s Dwarka property under Mercure brand“Every hotel chain is looking for an entry into the religious destinations and industrial hubs which lack good quality hotel rooms,” said R...
- Apeejay Surrendra Park Hotels launches ‘Zone by The Park’ in JaipurThe 47-key property offers varied food and beverage options along with a gym, business centre and banquet hall for weddings and conferences
- 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.
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