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2 mins read

Indian hospitality sector registers growth in Q2 2024; Hyderabad leads with 11.9% surge: JLL report

Hyderabad led the charge with a notable RevPAR growth of 11.9 per cent in Q2 2024 compared to the s…

ANI   


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3 mins read

ITC Q3 net profit rises 6.5% to ₹5,400.52 crore; revenue up 2.43%

Diversified entity ITC Ltd on Monday reported a 6.51 per cent rise in consolidated net profit to Rs…

PTI   


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3 mins read

Corporate demand boosts hotel demand in Q3: JLL

The Indian hospitality sector witnessed a strong growth in the third quarter (Q3) this year primari…

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2 mins read

Goa hotels recorded the best occupancies and earned more too says report

Goa is India’s favorite hotel destination with the best occupancy rates and earnings per room.

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2 mins read

Domestic travel, fuelled by revenge tourism, aids growth in hospitality sector

The cost of everything has been increasing – including the cost of travel – but that is not stoppin…

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4 mins read

Cricket World Cup boost missing for hotels – an industry veteran explains why

The hotel industry has been gaining from India’s wanderlust. However, hotel room rents which have b…

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3 mins read

Hotel industry bounces back after three years into the pandemic

“Q4FY23 will be a record quarter owing to a sustained travel surge, bunched-up weddings and norm…

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2 mins read

Merch, vinyl, hotels and credit cards: Taylor Swift's Eras Tour helped a bunch of companies – but hurt others

Taylor Swift's concerts were a boon for Target, Universal Music, and at least two hotel owners, but…

Theron Mohamed   


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3 mins read

Indians’ love for travel is so strong that it’s boosting credit card spends

Holiday and wedding season, a decline in Covid cases and an appetite for revenge tourism has result…

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3 mins read

E-commerce sales likely to drive credit card spends in September even as active cards decline

Rising inflation has dampened overall credit card spends in August, but experts say they will bounc…

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2 mins read

COVID-19 hits hotel industry; revenue per room drops 13-29% in Jan-Mar in top cities: Report

In RevPAR, the maximum fall was seen in Bengaluru at 28.5 per cent, followed by Delhi 20.3 per cen…

PTI   


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3 mins read

ITC Q3 net profit up 29 pc at Rs 4,047.87 crore

New Delhi, Jan 31 () FMCG major ITC on Friday reported a 29.03 per cent increase in consolidated ne…

PTI   


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3 mins read

Analysts say Airbnb is hurting hotels more than predicted

A spokesperson for Airbnb said: "We've long believed that for for us to win, no one has to lose. To…

Hannah Roberts   


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1 min read

It’s not vacationers, but business travellers that are driving up hotel rooms demand to a 5-year high

As per the report, hotels reported a double-digit growth in both occupancy and RevPAR (revenue per …

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3 mins read

Chalet Hotels plans to take margins to 45 pc on luxury expansion

It also operates The Westin in Hyderabad with 427 rooms, and the Lakeside Chalet in Powai (Marriot…

PTI   


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6 mins read

Here's how OYO is enabling micro-entrepreneurship and creating crorepatis—many of them are from Gujarat

OYO Hotels & Homes, the world’s second-largest and fastest-growing chain of hotels, homes, ma…

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2 mins read

Here Are Goldman Sachs' And Merrill Lynch's Preview For The Jobs Report

Employment indicators have strengthened a bit in August vs. July, including the employment componen…

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