News
OYO Turns Profitable in FY24 with Net Profit of INR 229.5 Cr, Cuts Employee Costs to Control Expenses

OYO Turns Profitable in FY24 with Net Profit of INR 229.5 Cr, Cuts Employee Costs to Control Expenses

According to INC42 ,IPO-bound hospitality unicorn OYO achieved profitability in the financial year 2023-24 (FY24), posting a net profit of INR 229.5 Cr, a significant turnaround from the previous year’s net loss of INR 1,286.5

Flag Off
IHCL signs Vivanta and Ginger hotel in Mahindra World City (MWC), Chennai

IHCL signs Vivanta and Ginger hotel in Mahindra World City (MWC), Chennai

Indian Hotels Company (IHCL) announced the signing of a Vivanta and a Ginger hotel in Mahindra World City (MWC), Chennai. These greenfield projects will be developed on a 3-acre land parcel near the Kolavai Lake, in

Flag Off
Eight Continents Hotels and Resorts opens Stamps Red Martin

Eight Continents Hotels and Resorts opens Stamps Red Martin

Eight Continents Hotels and Resorts is delighted to announce the addition of Stamps Red Martin to its prestigious portfolio. Located in the heart of Amritsar, the hotel offers guests a prime location just steps away

Flag Off
Radisson Hotel Group strengthens footprint in Himachal Pradesh, signs Glenview Resort Kasauli

Radisson Hotel Group strengthens footprint in Himachal Pradesh, signs Glenview Resort Kasauli

Strengthening its presence in the leisure tourism circuit of Himachal Pradesh, Radisson Hotel Group announces the signing of Glenview Resort Kasauli, a member of Radisson Individuals. This new addition marks the Group’s 10th hotel in

Guest Article
The Community Experience: How Hybrid Hospitality Fosters Connections

The Community Experience: How Hybrid Hospitality Fosters Connections

By Kahraman Yigit, Co-Founder and CEO - Olive by Embassy In an era where the lines between work, travel, and lifestyle are increasingly blurred, hybrid hospitality has transformed how people experience lodging and community. This

News
India’s MICE Hunt

India’s MICE Hunt

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
IHCL signs 85 key hotel in Puducherey

IHCL signs 85 key hotel in Puducherey

Indian Hotels Company (IHCL) announced the signing of a new hotel in Puducherry. This Greenfield project will be branded a Vivanta. Speaking on the occasion, Suma Venkatesh, Executive Vice President, Real Estate and Development, IHCL, said,

Flag Off
Lemon Tree Hotels signs 56 key property in Nashik

Lemon Tree Hotels signs 56 key property in Nashik

Lemon Tree Hotels announced its latest signing – Lemon Tree Hotel, Nashik. The property, which shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, is expected to open

Flag Off
ROHL Expands in Nepal with the Opening of Regenta Resort and Spa, Chitwan

ROHL Expands in Nepal with the Opening of Regenta Resort and Spa, Chitwan

Expanding aggressively in India and overseas, Royal Orchid Hotels Ltd. (ROHL) announced the launch of ‘Regenta Resort and Spa, Chitwan’ in Nepal. This will be ROHL’s second property in the Himalayan country following the opening

Flag Off
Sofitel Sydney Wentworth Reveals First Look at USD 60 Million Transformation of Iconic Hotel

Sofitel Sydney Wentworth Reveals First Look at USD 60 Million Transformation of Iconic Hotel

Sofitel Sydney Wentworth has unveiled the first glimpse into its USD60 million AUD update, which is set to launch in October 2024 after just ten months of work. The transformation includes an extensive refurbishment to

This will close in 0 seconds