Author: HBI Staff | Hyderabad
Marriott International is suing one of its franchisees for breach of contract, claiming the defendants violated their agreement with the hotel chain by turning a New York City property into a shelter for migrants. In a complaint filed in federal court last week, Marriott alleged Pride Hotel LLC, violated its franchisee agreement to run a property in the Jamaica neighborhood of Queens as a dual-branded Aloft and Element hotel, when the operators instead entered into a “lucrative” contract with the City of New York to house migrants and asylum seekers. The chain is suing one of its franchisees for using…
Oyo, once valued at USD 10 billion and recognized as India’s second-most valuable startup, has seen its valuation plummet to USD 2.4 billion in its latest funding round, according to multiple sources cited by TechCrunch. The Gurugram-based budget hotel chain secured USD 173.5 million in Series G funding, primarily from Patient Capital, managed by Oyo founder and CEO Ritesh Agarwal; InCred Wealth, which aggregates investments from high-net-worth individuals; and J&A Partners. Oyo’s current valuation is now below the total capital it has raised, which Tracxn, a data insights platform, estimates to be around USD 3.3 billion in combined equity and…
Sarovar Hotels, in partnership with Om Royale Group announced the launch of Golden Tulip Agra. The opening marks Sarovar Hotels’ growing leisure market portfolio and strong presence in Uttar Pradesh, marking it as its 14th hotel in the state. Currently, both the groups jointly operate a successful hotel, Royale Sarovar Portico in Agra, that debuted last year. Strategically located in Agra’s vibrant tourist district, Fathehabad, the hotel provides a captivating view of the iconic Taj Mahal and caters to leisure and business travellers. Its proximity to Agra Airport, Agra Cantt Railway Station, and ISBT Agra, as well as key attractions…
This August, The Fern Hotels and Resorts proudly presents ‘Regimental Zaika’, a unique food festival celebrating India’s rich culinary heritage inspired by the authentic dishes of various regiments and battalions of the Indian Army. Scheduled from August 10 to August 18, 2024, across 25 select Fern properties, this festival coincides with India’s Independence Day and pays homage to the valour and diversity of the armed forces. India’s military regiments are renowned not only for their bravery but also for their distinct culinary traditions, which vary across regions and communities. ‘Regimental Zaika’ aims to bring these flavors to connoisseurs of food,…
In a stunning victory that underscores India’s rising influence in the world of premium spirits, Yaksha Small Batch Premium Whisky by Blisswater Industries Pvt Ltd, has clinched a prestigious Silver Medal at the 2024 USA Spirits Ratings competition, held in San Francisco. This recognition is the benchmark of excellence within the global spirits industry, distinguishing Yaksha as a top contender in the competitive world of premium whiskies. The USA Spirits Ratings competition, renowned for its rigorous evaluation process, awards spirits that excel in three critical categories: Quality, Value, and Packaging. Yaksha Small Batch Premium Whisky not only impressed the judges…
Indian Hotels Company (IHCL) announced the signing of a resort in Sawai Madhopur, Rajasthan. This Greenfield project will be branded a Gateway resort. Commenting on the expansion, Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL stated, “The re-imagined Gateway brand offers a contemporary and refreshing hospitality experience tailored for the modern traveler. Sawai Madhopur’s captivating blend of historical significance and natural beauty makes it an ideal location for our resort. This new resort aligns with Gateway’s brand strategy of providing an authentic reflection of a city. We are delighted to partner with the Jalan Group for this project.” Strategically…
Bira 91 recently celebrated multiple wins at the World Beer Awards held in London on August 08 this year. The brand distinguished itself by winning 9 medals at the prestigious World Beer Awards 2024, including 4 Golds, 3 Silvers, and 2 Bronzes solidifying Bira 91’s position as a leading force in the global beer industry. Often considered as the Oscars of Global Beer Awards, the World Beer Awards selects the very best in all internationally recognised styles and selects country and world winners as well as awarding gold, silver and bronze awards in each style category. The World Beer Awards,…
According to the Rising Kashmir, the Ministry of MSME’s Field Office in Srinagar, in collaboration with the Pahalgam Development Authority and the Hoteliers Association Pahalgam, recently concluded a groundbreaking one-week Management Development Programme at Townhall Pahalgam. Held from August 6-10, 2024, the program focused on customer handling and effective communication, specifically designed for the hospitality sector. Distinguished faculty provided invaluable insights to hotel owners and managers. Saheel Alaqband, Assistant Director of MSME, Government of India, remarked, “We view this program as a major and impactful initiative in the capacity building of MSMEs, extending our focus to service enterprises alongside manufacturing. The…
Lemon Tree Hotels Limited announces the opening of Lemon Tree Hotel, Noida. This managed hotel is the seventh property of the group in Uttar Pradesh. This welcoming hotel features 40 well-appointed rooms and suites, Citrus Café – a multi-cuisine coffee shop, several banquet spaces, fully equipped conference rooms, and other public areas. Nestled in the vibrant hub of Noida’s Sector 1, Lemon Tree Hotel, Noida is an unbeatable location for both the leisure and business travellers. The hotel’s contemporary interiors, seamless service, and signature lemon fragrance create an inviting atmosphere. Noida, recognised for its modern infrastructure and abundant green spaces,…
ITC Hotels growth trajectory continues to rise as the brand signs a Welcomhotel property with SRK Hospitality Pvt. Ltd. in Pushkar. Expected to open in 2026, it will be spread across nearly 3 acres and shall be easily accessible by air, rail and road. Located just 50 km from the Kishangarh airport, WelcomhotelPushkar will offer 96 well-appointed guestrooms, with ample banquet facilities and various food and beverage offerings including an all-day dining restaurant, lobby lounge, a specialty restaurant and bar. Recreational spaces include a swimming pool, fitness center, spa and a kids’ club. Showcasing beautiful architectural legacy, Pushkar is much…
