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WEDDING MICE DEMAND
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...- Global tourism boards bet big on Indian travellers to power growthThailand is actively wooing Indian travelers with the promise of Tomorrowland and easier travel, aiming for over 2.5 million visitors by 20...
- Waterways Leisure Tourism announces price band for its IPO opening on June 23Waterways Leisure Tourism, operator of Cordelia Cruises, has set a price band of Rs 769-808 for its Rs 585 crore IPO opening June 23. Proce...
- Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
- IndiGo launches direct Chennai–Réunion Island flightsIndiGo has launched direct flights from Chennai to Réunion Island, marking the first Indian airline to offer non-stop connectivity to the F...
- India hospitality sector revenue to grow 9-12% in 2025-26: Icra ReportThe hospitality sector in India is gearing up for a robust surge in revenue, estimated at 9-12% growth by 2025-26. This optimistic forecast...
- ITC Hotels reports Q3 revenue of Rs 1,231 crore, PAT at Rs 237 croreITC Hotels reported strong December-quarter performance with revenue rising 21% and profit increasing, driven by higher occupancy, improved...
- Hotels set for a strong 2HFY26: Indian Hotels, Lemon Tree strong buysIndia's hotel sector is experiencing sustained acceleration, driven by a broad recovery across business, leisure, weddings, and MICE segmen...
- Wed-in-India: Why are Indian couples going swadeshi?Prime Minister Modi’s “Wed in India” call is reshaping the wedding market as affluent and middle-class families increasingly choose Indian ...
- Radisson signs three-hotel deal in East India as part of expansion driveRadisson Hotel Group is expanding its presence in East India by signing deals for three new hotels in Deoghar, Puri, and Ranchi. This strat...
- Hospitality Sector: Lemon Tree Hotels poised for 21% upside amid robust demand trendsAfter a subdued 1HFY25, the hospitality sector rebounded strongly, fueled by a vibrant wedding season and thriving MICE activities. Key pla...
- Hospitality sector registers 4.8% Year-on-Year (YOY) RevPAR growth in Q2 2024: JLLIndia's hospitality sector saw a 4.8% increase in revenue per available room in Q2 2024, thanks to rising average daily rates in most key m...
- Ambanis’ pre-wedding tour expected to add steam to demand for cruise celebrationsThe Ambani pre-wedding cruise celebration is set to boost demand for cruise weddings in India, with industry insiders like Cordelia Cruises...
- Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024: JLLIn the first quarter of 2024, the Indian hospitality sector experienced positive growth, with a significant increase in Average Daily Rate ...
- India’s hospitality sector witnessed 15.8% year-on-year RevPAR growth in Q4, 2023: JLLAccording to the report, the sector witnessed a significant growth of 31% in revenue per available room in Q4 2023, compared to Q3 2023.The...
- Priority is to develop beach tourism and enhance hospitality standards, says Kerala GovtThe Kerala government is committed to aligning beach tourism projects with current demands and enhancing hospitality standards. The recentl...
- India revenue is 25%-30% higher than pre Covid levels: Accor India CEOFrench hospitality giant Accor Friday signed an agreement with realtor Keystone Resorts to open a property under the Fairmont hotel in Udai...
- Indian hospitality sector witnessed a 339.3% YoY RevPAR growth in April-June: JLLThe country was amidst the second wave of the pandemic in Q2 2021, which had a significant impact on the performance of the hospitality sec...
- Big hospitality players' revenue may decline 65% in FY21: ReportThe agency expects sentiments to improve in the seasonal peak of the second half of FY22, however, the situation is still evolving, with nu...
- Jalesh Cruises to introduce second ship by October 2020The growing segments for cruise tourism in the country are wedding, meetings, incentives, conferences and events, and young travellers, Jal...
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