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Investment in enabling technologies is a priority for Travel and Hospitality firms aiming to achieve their business goal, says report

Investment in enabling technologies is a priority for Travel and Hospitality firms aiming to achieve their business goal, says report

WNS (Holdings) Limited, a prominent provider of global digital-led Business Process Management (BPM) solutions, in collaboration with HFS Research, a global business research consultancy, has released a comprehensive market impact report titled: "Pivoting Toward the

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The Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024: JLL

The Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024: JLL

The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q1 2024 (January-March), primarily driven by a significant rise in Average Daily Rate (ADR) of 8.5% over Q1 2023, resulting in a

F&B
Consumers scoop up ice-creams on Swiggy as temperatures soar

Consumers scoop up ice-creams on Swiggy as temperatures soar

With the hot summer days sweeping the country, consumers are scooping up ice-creams to cool off.  Swiggy, India’s pioneering on-demand convenience platform, provides interesting insights into the nation’s ice cream craze based on ordering trends

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Hotel revenue increases driven by experiences and demand for ecommerce

Hotel revenue increases driven by experiences and demand for ecommerce

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

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Hotel industry likely to post double-digit revenue growth over robust demand, says Prabhudas Lilladher

Hotel industry likely to post double-digit revenue growth over robust demand, says Prabhudas Lilladher

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

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Hospitality sector records 23 upgrades in FY24: ICRA

Hospitality sector records 23 upgrades in FY24: ICRA

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

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India’s hospitality sector witnessed USD 401 million investment activity in FY23: JLL

India’s hospitality sector witnessed USD 401 million investment activity in FY23: JLL

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

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CareEdge Ratings report forecasts continued revenue growth for hotels in FY25

CareEdge Ratings report forecasts continued revenue growth for hotels in FY25

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

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Strong demand drives growth in India’s hotel sector, says Emkay Global Financial Services

Strong demand drives growth in India’s hotel sector, says Emkay Global Financial Services

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

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The hospitality industry is facing growing pressure to address its environmental impact, Says Deloitte

The hospitality industry is facing growing pressure to address its environmental impact, Says Deloitte

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

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