HBIZ - Hospitality Biz India: Latest News & Analysis
HBIZ - Hospitality Biz India: Latest News & Analysis. November 7, 2024. Breaking News : ‘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. Mahua gets ‘heritage liquor’ tag, to be served in MP Tourism bars and hotels.
India’s hospitality sector witnessed USD 401 million investment ...
Apr 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, reaching USD 78 million.
IHCL Expands Portfolio to 350 Hotels with Major Acquisitions
3 days ago — The Indian Hotels Company Limited (IHCL), India’s largest hospitality group, has reported an impressive set of financial results for the second quarter ending September 30, 2024, marking ten consecutive quarters of record-breaking performance. With a significant 28% year-over-year growth in ...
Trends, growth, and future of the hospitality sector
Oct 13, 2022 — According to the report, if the trend continues then the food and beverage sector is expected to grow at 10.4 percent annually and is expected to reach 5.5 trillion by 2022. On the flip side, the unorganized market share in the food and beverage sector constitutes 65-70 percent and the organized sector is only 30-35 percent. Imagine the volume ...
Indian Hospitality Industry: A Resilient Journey towards a …
Jul 21, 2023 — By Nandivardhan Jain, Founder & CEO NOESIS Capital Advisors, NOESIS. The Indian hospitality industry has emerged with remarkable resilience and strength in the first quarter of FY23-24.
Redefining Indian hospitality, the TECH way
Jun 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 …
HAI Seeks Government Incentives to Support Sustainability in …
The Hotel Association of India (HAI) is exploring the possibility of requesting government incentives for smaller hotel operators to adopt sustainability practices, according to Secretary General M.P. Bezbaruah. While large luxury and five …
India's Hospitality Industry Set for Major Growth – Highlights from ...
Oct 19, 2024 — The third day of the FHRAI Hospitality Awards Convention saw some of the most influential voices in the tourism and hospitality sectors address key issues related to India’s growth story. Suman Billa, Additional Secretary, Ministry of Tourism, Government of India, delivered a compelling speech ...
Indian hospitality embraces sustainable growth
Mar 21, 2024 — Indian hospitality entities are increasingly embracing sustainable practices in their operations. According to a recent KPMG report titled “Sustainability in Tourism: Reimagining India’s Sustainable Tourism Evolution,” the sustainable tourism market in India was valued at US$26.01 million in 2022 and is projected to reach US$151.88 million by 2032, with a rapid CAGR of 19.3% from 2022 to ...
Hyatt Hotels Set to Grow Indian Presence, Adding 7 Properties in …
Mar 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.