Author: HBI Staff | Hyderabad
According to NDTV, Adani Airport Holdings Ltd., a subsidiary of Adani Enterprises Ltd., has finalized plans to acquire a majority stake in Mumbai-based Semolina Kitchens Pvt., marking a strategic move into the food and beverage and lounge business. According to an exchange filing, Adani Airport Holdings Ltd. has signed both a joint venture agreement and a share purchase agreement, securing a 50.02% stake in Semolina Kitchens Pvt. This acquisition will position Semolina as a step-down subsidiary within the Adani Group. The financial terms of the deal have not been disclosed. Under the agreement, Adani Airport Holdings Ltd. will hold a…
Five people in Gurugram received severe cuts in their mouths and started vomiting after having a mouth freshener which allegedly had dry ice mixed in it. The incident happened in at Laforestta Cafe. Authorities revealed that the packet contained dry ice, typically used for cooling. All affected individuals required hospitalization. In Gurugram city, the restaurant’s manager was arrested on charges of intentional poisoning, while the owner remains at large. Ankit Kumar and his companions visited the establishment, where they were offered the tainted mouth freshener, leading to the distressing symptoms. A circulating video depicts the customers in agony, attempting to…
Jimmy’s, homegrown Cocktail Mixer brand, is set to bring a new range of Martini Cocktail mixers. This lineup includes the Green Apple, Popstar, and Espresso Martini varieties. The Popstar Martini is a lively concoction featuring a blend of passion fruit puree, lime juice, and vanilla, promising a burst of flavour reminiscent of a vibrant concert experience. On the other hand, the Green Apple Martini boasts a crisp and tangy apple flavour, presenting an elegant option for those seeking sophistication in their cocktails. For a non-alcoholic alternative, mixing the Green Apple Martini with ginger ale offers a sparkling sensation sure to…
Accor, the global hospitality leader, has unveiled its remarkable financial achievements for the fiscal year 2023, setting a new record with an EBITDA surpassing EURO 1 billion for the first time in its history. This milestone marks a staggering 49% surge from the previous year. The French powerhouse witnessed a robust growth trajectory, with revenue-per-available-room surging by 23%, culminating in an overall revenue surge of 20% to EURO 5,056 million. Additionally, the company’s net profit group share soared by an impressive 57% to EURO 63 million. In the Middle East, Africa & Asia-Pacific regions, Accor recorded a noteworthy 19% increase…
Chef Mustian Gadang has taken the reins as the distinguished Chef de Cuisine at the iconic Spice Route at The Imperial New Delhi. Infused with his family’s culinary heritage, Chef Mustian brings an ardent passion for flavors and a masterful touch in crafting impeccably balanced menus. Inspired by his Indonesian roots and diverse culinary experiences across Asia, the USA, and the Middle East, Chef Mustian’s creations promise extraordinary culinary odysseys. Each dish is a work of art, intricately designed to captivate the senses and transport diners on a gastronomic voyage. His commitment to authenticity resonates in every offering, whether it’s…
Initial Phase to Cover Bengaluru, Bhubaneswar, Vijayawada, and Visakhapatnam Stations, Plans Expansion to 59 More Cities Food delivery platform Swiggy has announced a collaboration with the Indian Railway Catering and Tourism Corp (IRCTC) to provide pre-ordered meals to travelers at four major railway stations across India, mirroring a similar initiative by competitor Zomato. Under the Memorandum of Understanding (MoU), Swiggy will kick off meal deliveries from its extensive restaurant network to passengers aboard select trains, starting with stations in Bangalore, Bhubaneswar, Visakhapatnam, and Vijayawada. The service is set to expand to an additional 59 stations nationwide in the coming weeks.…
BirchStreet Systems, a prominent global provider of enterprise procure-to-pay solutions for the hospitality sector, has officially announced the acquisition of ReactorNet Technologies, a leading provider of business spend management software tailored to the hospitality vertical. This strategic acquisition marks a significant advancement for BirchStreet, solidifying its leadership position in the hospitality industry while opening up new avenues for vertical growth. Established in 2000 and headquartered in San Antonio, TX, ReactorNet Technologies boasts a robust platform that supports over $2.0 billion of annual customer spend across more than 4,000 customer locations and 16,000 distinct users. Its suite of solutions encompasses essential…
According to The Hindu, Bengaluru, known for its vibrant culinary scene, continues to witness a surge in food establishments, reflecting the city’s growing status as a hub for industries, tourism, and investments. According to P. C. Rao, president of the Bruhat Bengaluru Hoteliers’ Association (BBHA), nearly one-fourth of the commercial establishments in Bengaluru are now food joints. In 2023 alone, around 200 new food establishments, ranging from Darshinis to five-star hotels, emerged in the city. Rao highlighted the diverse range of culinary experiences available in Bengaluru, with coffee prices varying from INR 10 to INR 250 per cup. Additionally, plans are…
Apeejay Surrendra Park Hotels disclosed a robust financial performance for the third quarter ending December 31, 2023, showcasing a notable 46 percent surge in consolidated net profit to INR 27.42 crore. The hospitality firm, recently listed on the stock exchange, revealed that it had achieved a consolidated net profit of INR 18.77 crore during the corresponding period last fiscal year, according to its regulatory filing. The company’s total income during the quarter witnessed a commendable growth, reaching INR 163.61 crore compared to INR 142.64 crore in the previous year. However, total expenses for the quarter also increased to INR 102.99…
TreeHouse Hotels & Resorts, a prominent hospitality chain under Karma Hospitality LLP, has unveiled plans for its newest addition, TreeHouse Morina, in Ahmedabad, Gujarat. Strategically located in Ahmedabad’s primary business district, TreeHouse Morina promises easy access to key commercial and industrial areas. The forthcoming TreeHouse Morina will boast 77 meticulously designed rooms, catering to both business and leisure travelers. Guests can anticipate a range of amenities, including a multi-cuisine restaurant, a swimming pool, a gymnasium, a spa, and more. Additionally, the hotel will feature a 1000-square-foot banquet hall, a spacious lawn accommodating approximately 350 guests, and a conference room ideal…
