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MIDSCALE HOTELS
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...- 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...
- 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...
- 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...
- Mid-market hotel chains have taken the coronavirus blow on their chinThe last 15 years has seen a gradual shift in the way hotels catering to the mid-market segment have come up.
- Lemon Tree Hotels makes decent debut, lists at 10% premium over issue priceThe company opened its first hotel with 49 rooms in May 2004.
- 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...
- 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.
- Carlson Rezidor to add 7 'Park Inn by Radisson' by 2017-endCarlson Rezidor Hotel Group plans to open seven hotels under its mid-scale brand 'Park Inn by Radisson' by the end of 2017.
- Carlson Rezidor plans over 50 Park Inn hotels in India by 2024The hospitality major is also looking at introducing its luxury brand Quorvus Collection and upscale brand Radisson Red in India.
- Hyatt to run 60 new hotels in 5 years, focus on mid-scale propertiesHyatt Hotels Corporation will increase the number of hotels it operates in India manifold to 70 over the next five years if everything goes...
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