Premium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...

Hunch Ventures is set to acquire Jamie Oliver Restaurants in India from International Market Management, becoming the sole owner. With plan...

ChrysCapital is set to acquire a 90% stake in Theobroma Foods for ₹2,410 crore, purchasing from promoters and ICICI Venture, who invested i...

Apna.co reports a 20% increase in job postings this festive season, driven by strong hiring in logistics, e-commerce, and hospitality secto...

"We are hopeful of recovery in demand in the October-December quarter after six months, when macro events such as the severe heatwave and t...

The rebound in the hospitality sector in India has resulted in longer dining times at fine-dine restaurants, with customers spending an add...

The growth comes amid a rebound in consumption, as people flocked to shopping malls and restaurants after harsh COVID-19 restrictions were ...

With night curfews in place in both Delhi and Mumbai, Swiggy and Zomato have stopped taking orders at 7:30 pm, missing out on peak time for...

The service sector accounts for about two-thirds of U.S. economic output. Decimated during the pandemic, it is taking on an even more outsi...

After falling sharply for two days, the tech-heavy Nasdaq was boosted by "stay-at-home" stocks such as Microsoft , Amazon.com Inc, Apple In...

Analysts from financial information service Factset have predicted a rebound of 7.4 percent in July to September after a plunge of almost 1...

The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases ...

Thanks to spikes in home deliveries and in takeaways, India’s QSR segment that accounts to about 5% of the overall Rs 4.23 lakh crore food ...

India on Monday overtook Russia to record the world's third-highest number of COVID-19 infections, while U.S. coronavirus deaths crossed 13...

Given low demand and social distancing norms, restaurants will operate at 25-30% of their monthly service levels in the first 45 days after...

While discretionary spending has visibly fallen, market players said the frequency of consumers opting to eat out has declined by nearly 50...

Liquor sales at hotels and restaurants reversed out a decline by 12-15% as consumer sentiment improved over last year, which faced the twin...