Hospitality News - Latest Updates & Headlines
FHRAI raises unfair practices, GST compliance concerns against Agoda
New Delhi, April 19: The Federation of Hotel and Restaurant Associations of India (FHRAI) on Saturday expressed serious concerns over unilateral changes made by global online travel agency Agoda to its commission structure and terms of engagement with Indian hospitality partners.
India's hospitality sector sees 25 deals, over 42,000 new hotel keys in 2024
Mumbai, April 14: India's hospitality sector demonstrated remarkable resilience and growth in 2024, maintaining investment levels on par with the previous year with 42,071 new hotel keys, a report showed on Monday.
The Maestro of Hospitality
By Suvir Saran, New Delhi, April 4 : On a stage lit softly with ceremony and hope, inside the Indian Institute of Culinary Arts, there stood a man whose journey began not under spotlights but beneath the sterile, humming halogen bulbs of a hotel night shift. From steward of silence to sovereign of strategy, Nakul Anand--once the night manager walking empty hallways--now filled a room with nothing but his presence.
Recovery in intl tourism will lead to 7-8% growth in revenue per room for Indian hospitality sector in FY26: Report
New Delhi, March 29: The Indian hospitality sector is set to continue its robust growth, with a projected 7-8 per cent increase in Revenue per Available Room (RevPAR) for FY26, according to a report by CareEdge Ratings.
Indian hospitality sector set for strong Q4 growth led by spiritual tourism like Mahakumbh
New Delhi, March 5: The Indian hospitality industry is poised for another strong quarter in Q4FY25, driven by robust demand from MICE (Meetings, Incentives, Conferences, and Exhibitions) activities, cultural events, and an active wedding season, according to Motilal Oswal report.
Indian Hotels and Goa Govt's skill dept sign MoU for India's largest hospitality skilling centre
Altinho, February 27: In a landmark move to bolster the hospitality sector in Goa, the Indian Hotels Company Ltd. (IHCL) and the Directorate of Skill Development, Goa, signed a Memorandum of Understanding (MoU) on Wednesday.
SAGE Group to invest Rs 1,450 cr in Madhya Pradesh, expanding in renewable energy & hospitality says CMD
Bhopal, February 24: SAGE Group, a business conglomerate, has announced a significant investment of Rs 1,450 crore in Madhya Pradesh. The investment will focus on the renewable energy sector and other industries, including hospitality.
Demand in Indian hospitality sector to outpace supply over next 3-4 years: Report
New Delhi, February 23: The demand in the Indian hospitality sector will outpace supply over the next three to four years, as the sector witnessed a sharp rebound post-pandemic and recorded a outstanding performance over the past three years, according to a report by Yes Securities.
Uttarakhand creates a home away from home for National Games athletes
Dehradun, February 13: Uttarakhand, the host of the 38th National Games, has left no stone unturned in extending warm hospitality to athletes, officials, and spectators from across the country. Known for its breathtaking landscapes and rich cultural heritage, the state has combined world-class sports facilities with its signature warmth, ensuring a seamless and memorable experience for all participants.
OYO reports Rs 166 crore profit in Q3, revenue jumps 31 pc
New Delhi, Feb 9: Travel tech unicorn OYO on Sunday reported a strong financial performance in the third quarter (Q3) of FY25, posting a profit after tax (PAT) of Rs 166 crore.
India's tourism industry's unprecedented growth boosting investor confidence: Report
New Delhi, February 9: India's tourism sector, which shattered records in 2023-24, is demonstrating further growth in the current financial year, the hospitality consulting firm Hotelivate said in a report.
Hotels, airlines see upswing in profits amid Maha Kumbh
New Delhi, Jan 29: The Maha Kumbh mela has come as a boon for the hospitality sector and airlines with profits expected to firm up amid soaring demand. This is being reflected in the rise in the share prices of companies such as Benares Hotels, a subsidiary of the Tata Group's Indian Hotels.
ITC Hotels to get listed on January 29 as part of ITC demerger
New Delhi, January 27: Shares of ITC Hotels will be listed on the exchanges on Wednesday, parent company ITC has announced today.
FabHotels' losses widen 23 pc in FY24 amid rising employee costs
Mumbai, Jan 25: Budget hotel chain FabHotels, operated by Casa2 Stays, has reported a 23 per cent spike in its net losses for the financial year ending March 2024 (FY24).
Hiring in Indian travel & hospitality sector to see 8.2 pc growth in FY25 second half: Report
New Delhi, Jan 24: Hiring in the travel and hospitality sector in India is likely to see 8.2 per cent growth in the second half of FY25, according to a report on Friday.
A solitary Sunday and the strength in stillness
By Suvir Saran, New Delhi, January 21 : This Sunday began in stillness, the kind of silence that doesn't beckon but envelops, cocooning you in the solitude of your own being.
No room for unmarried couples: Oyo explains check-in policy for partner hotels
New Delhi, Jan 5: As the controversy raged over Oyo's revised policy for partner hotels, directing them not to allow unmarried couples to check in, the hospitality major said on Sunday the initiative is aimed at providing a safe experience for families, students, business, religious, and solo travellers.