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UNBRANDED HOTELS
Hospitality sector sees $340 million worth of transaction activity in 2024The hospitality sector witnessed $340 million in transaction activity in 2024, continuing its growth trajectory from $337 million in 2023. ...
Independent & global hotels find they need each otherFor big chains, new franchise agreements from conversions keep investors happy by opening new hotels in the short term. Meanwhile, independ...
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...
FabHotels secures $25 million Series B funding led by Goldman Sachs Investment PartnersThe funds will further accelerate the nationwide expansion of FabHotels, the company stated.
It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
OYO Rooms goes international; launches operations in MalaysiaOYO Rooms currently operates in more than 160 of India’s cities including Delhi, Gurgaon, Mumbai, Bangalore, Hyderabad, Goa, Chennai and Ko...
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...
Travel portal Goibibo launches budget accommodation platform GoStaysThe new platform will partner with the property owners to deliver a consistent experience comprising free Wifi, breakfast, AC, television a...
On a new trail: Aggregators partner with existing unbranded hotelsNew-age aggregators partner with existing unbranded hotels to provide quality standards, staff training, management technology and co-brand...
How online travel firms like Yatra and Cleartrip are enteringing into the budget accommodation spaceExecutives at OTA have set their sights on the burgeoning budget accommodation space as travellers in India increasingly prefer small, unbr...
Travellers are preferring small hotels and inns, thanks to good reviews on travel websitesTravellers in India increasingly prefer small, unbranded hotels and villas to star hotels, encouraged by their high ratings in popular hote...
- Housefull hotels make room for service apartments
Having filled the breach left by an acute shortage of hotels rooms in India, service apartments segment is coming into its own with the ent...
- Phoenix Mills gets Rs 350 cr for hotel JV
Financial institutions, IDFC and HDFC, have sanctioned loans worth Rs 350 crore to Phoenix Mills for its proposed foray into the luxury hot...
- Tourists prefer grey hotels as compare to branded
A growing tribe of foreigners checking into budget hotels, may eat into branded pie. The ratio of grey to branded hotels gets starker as on...
- Hospitality spices up menu to retain talent
While good food and guest comforts remain on top of the menu of the hospitality industry, the players could well add pampering employees to...
- Global hospitality majors make beeline for India
Global hospitality majors like Dawnay Day, Whitbread, Jumeirah, Golden Tulip, Istithmar and Mandarin Oriental are exploring plans of enteri...
- Global hotel giants seek more room in India
Global hospitality majors like Hilton, Starwoods, Accor, Carlson and InterContinental are stepping up their global offerings in the Indian ...