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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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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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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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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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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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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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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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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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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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TripAdvisor reviews are now so powerful they impact the tourist industry of entire countries

Vanderbilt also notes an internal TripAdvisor study that found that hotel owners who reply to comme…

Joshua Barrie   


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2 mins read

The hotel industry is sending a clear signal that the US economy is not grinding to a halt

In his report, Freitag also noted that April was the 62nd straight month that RevPAR, or revenue pe…

Myles Udland   


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'This bull is learning': A hedge fund explains why stocks are crushing everyone

The rise of Donald Trump and global political populism, turmoil at the major party conventions in t…

Rachael Levy   


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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…

Calculated Risk