The Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...

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 ...

As many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's a...

Royal Orchid Hotels and Hilton are embarking on a partnership, planning the launch of 125 Hampton by Hilton hotels across India. Targeting ...

The company entered the hospitality sector in 2004 with the launch of its first property, Grand Mercure Bangalore, which commenced operatio...

Brigade Hotel Ventures has filed a DRHP to raise Rs 900 crore via IPO, targeting debt repayment, acquisitions, and expansion of its hotel p...

Samhi Hotels plans to raise Rs 1,200 crore through fresh equity to repay debt and for general corporate purposes. It will also raise upto R...

Travellers often prefer midscale hotels as they offer a balance between affordability and quality, says Chander Baljee, CMD, Royal Orchid H...

The hotel is in proximity to famous destinations like Burj Al Arab, Kite beach and the Mall of Emirates, and equidistant from Business Bay ...

The company opened its first hotel with 49 rooms in May 2004.

nvestors bade for 3,87,94,145 shares as against the total issue size of 12,98,35,580.

“Every hotel chain is looking for an entry into the religious destinations and industrial hubs which lack good quality hotel rooms,” said R...

InterContinental Hotels Group will open 47 new properties in India by 2020, mainly in the mid-scale segment, as part of its expansion plans.

Carlson Rezidor Hotel Group plans to open seven hotels under its mid-scale brand 'Park Inn by Radisson' by the end of 2017.

The 47-key property offers varied food and beverage options along with a gym, business centre and banquet hall for weddings and conferences

The hospitality major is also looking at introducing its luxury brand Quorvus Collection and upscale brand Radisson Red in India.

While 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.