HBI Staff | Hyderabad
Seamless digital transactions available at all hours, paired with the desire for memorable in-person interactions and experiences, has seen hotels boost the value of their online bookings, according to Journey. Providing guests with an all-in-one
HBI Staff | Hyderabad
The travel industry is anticipated to report robust earnings for the quarter ended March 31, 2024 (Q4FY24), driven by significant growth in the hotels and aviation sector. According to brokerage firm Prabhudas Lilladher (PL), the
HBI Staff | Hyderabad
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
HBI Staff | Hyderabad
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
HBI Staff | Hyderabad
CareEdge Ratings estimates that in FY24, hotel industry will end at RevPAR growth of 12-14 per cent on the high base of FY23. The robust resurgence in demand, coupled with the gradual alignment of supply
HBI Staff | Hyderabad
According to a recent research report by domestic brokerage, the hotel sector is poised to maintain its strength in Q4 and Q1. This projection is based on the brokerage's channel checks, revealing an improvement in
HBI Staff | Hyderabad
The hospitality industry is facing growing pressure to address its environmental impact and promote sustainable practices. However, while sustainability is often viewed as an opportunity for businesses to improve their reputation and attract environmentally conscious
HBI Staff | Mumbai
Jefferies Equity Research, the research arm of the global financial services firm, maintains its bullish stance on India's hotel industry. Over the last three years, the market capitalization of the industry has tripled, coinciding with
HBI Staff | Hyderabad
ICRA estimates revenue growth of 8-10% for its sample set of domestic alcohol beverages (alcobev) companies in FY2025. While Indian made foreign liquor (IMFL) companies are expected to witness 11-13% revenue expansion supported by preference
HBI Staff | Hyderabad
Hotel companies are seeking fresh revenue streams from bespoke experiences and strategic partnerships. Leading hotel companies are stepping beyond the traditional hotel stay to offer bespoke experiences and strategic partnerships that benefit both guests and
