Exclusive: IHG Hotels to bring high-end luxury formats like Regent to India
Luxury requires higher investment and long gestation periods, but it does pay back, says Haitham Mattar
hospitality industry
November 2024
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Hotels Tap Heritage For Millennial Connect
Hospitality players create Insta-friendly moments and personalised experiences rooted in culture to woo the young.
On the Taj Goa Trail with Dr Anmol Ahluwalia
After working with Oberoi Hotels for five years, he moved to Goa, to begin his first assignment with Taj Fort Aguada Resort & Spa, Goa, and has been with the company for 19 years.
Hotel industry to hit double-digit revenue growth on demand boost in FY24: ICRA
The agency estimates pan-India premium hotel occupancy at around 70-72% in FY24, after recovering to 68-70% in FY23.
Luxury: The New Currency For Hotels
Branded and boutique hospitality players look at spreading their wings amid rising room tariffs and occupancy rates.
Nasdaq-listed MakeMyTrip's loss narrows to ₹92.1 cr in FY23
The company's gross bookings surged 122% year-on-year to ₹54,306 crore in FY23 as against ₹26,330 crore in FY22.
The Elgin Fairlawn Kolkata Honored as Award-Winning Hotel for Delivering Exceptional Guest Services on International Hospitality Day 2023
As a distinguished member of the Elgin Hotels and Resorts family, The Elgin Fairlawn Kolkata stands as a testament to its commitment to providing unparalleled excellence in the hospitality industry.
Indian travel operators to report profits after 2 years: CRISIL
While operating profitability is expected to check in at 6-7%, revenue should drive past 90% of pre-pandemic levels, says CRISIL.
21% ‘ghost malls’ in top 8 cities in dilapidated state: Knight Frank
A lot of ‘ghost malls’ have sprung up in the organised retail sector in India, which comprise nearly 0.8 mn sq m in gross leasable space, shows Knight Frank's ‘Think India, Think Retail 2022’ report
Big boost for hospitality sector: Cabinet hikes ECLGS corpus by ₹50,000 crore
The increase has been done on account of the severe disruptions caused by the Covid-19 pandemic on hospitality and related enterprises.
