HBIZ - Hospitality Biz India: Latest News & Analysis
WEBHospitality Biz India: Latest News & Analysis - ‘Our strategy is to position Caesars Palace Dubai as a resort destination with experiences for every age group’: Naren Upadhyay, Director of Sales, Caesars Palace Dubai
OYO Acquires G6 Hospitality, Parent Company of Motel 6, in …
WEB4 hours ago · Oravel Stays, the parent company of global travel technology firm OYO, has announced its acquisition of G6 Hospitality, the leading economy lodging franchisor that operates the iconic Motel 6 and Studio 6 brands. The all-cash deal is valued at $525 million and marks a significant expansion for OYO ...
Leela Palaces Gears Up for India’s Largest Hospitality IPO, Aiming …
WEB4 hours ago · Brookfield Asset Management-owned Leela Palaces, Hotels & Resorts is preparing to file draft papers for what is set to be India’s largest-ever IPO in the hospitality sector, aiming to raise INR 5,000 crore, according to sources. “This is a significant issue for the hospitality industry, and the ...
Park Hotel Group Plans Expansion in Mid-Scale Hospitality, Opens …
WEB3 days ago · Apeejay Surendra Park Hotel Group is redefining the landscape of mid-scale hospitality in India with an ambitious expansion of its vibrant brands, Zone by The Park and Zone Connect by The Park. Catering to the modern, design-conscious, and budget-friendly traveler, these brands are setting new ...
Hospitality Biz India: Latest News & Analysis
WEBIndia’s MICE Hunt. September 11, 2024. India, till recently, only got a 1 percent share of the global MICE business. A renewed focus on the segment through government’sapproach and the private sector push has led to a fast-changingscenario with a projected. Flag Off.
Indian hospitality sector witnessed a 339.3% YoY RevPAR growth …
WEBAug 9, 2022 · The Indian hospitality sector witnessed strong growth in Q2 (April – June) 2022, primarily driven by demand for weddings and events as well as stellar recovery of corporate travel.
Redefining Indian hospitality, the TECH way
WEBJun 6, 2024 · Technology has remodeled the way in which a hotel functions and continues to redefine guest experience. Hospitality Biz takes a look at the aspects of technology that enable hoteliers ‘ operational and business efficiencies and what its future beholds.. In today’s digital age, embracing technology is no longer a luxury, but a necessity for the Indian hospitality businesses to flourish.
Hospitality sector records 23 upgrades in FY24: ICRA
WEBApr 1, 2024 · According to ICRA, FY24 continued the trend of upward mobility, with two entities upgraded for every downgrade. The hospitality sector emerged as the standout performer, boasting 23 upgrades and a remarkable 37% upgrade rate, without any downgrades. ICRA maintains a favorable outlook for the Hospitality sector in FY2025.
India’s hospitality sector witnessed USD 401 million investment ...
WEBApr 1, 2024 · JLL India today released its latest report titled ‘Hotel Investment Trends – India 2023,‘ highlighting the growth and positive start of the first quarter (Jan-March) of 2024 in the hospitality sector.The report mentions that the first quarter of 2024 witnessed a significant 80% Year-on-Year increase in hotel transaction volumes, …
Hyatt Hotels Set to Grow Indian Presence, Adding 7 Properties in …
WEBMar 14, 2024 · Hyatt Hotels Corporation, a leading name in the global hospitality sector, has announced its ambitious plan to bolster its presence in India by launching seven new hotels and adding 1,115 rooms across various leisure and urban locations in 2024.
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