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Food Services sector to grow by 8.1% CAGR during 2024-2028, says NRAI’s India Food Services Report 2024

Food Services sector to grow by 8.1% CAGR during 2024-2028, says NRAI’s India Food Services Report 2024

The National Restaurant Association of India, the voice of the Indian restaurant industry released its long-awaited India Food Services Report 2024 (NRAI IFSR 2024) in New Delhi on July 9th. Today, in Mumbai, the report

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Food Services Market in India expected to grow at 10%–12% CAGR; reaching INR 900–1000K crore by 2030, says report

Food Services Market in India expected to grow at 10%–12% CAGR; reaching INR 900–1000K crore by 2030, says report

The food services market in India, which encompasses dining out and ordering in, is currently valued at INR 550K Crore. The market is poised to grow at 10%–12% annually over the next seven years, reaching

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The Hotel Channel Management Market is pivotal to optimise distribution channels and maximise revenue, says FMI

The Hotel Channel Management Market is pivotal to optimise distribution channels and maximise revenue, says FMI

According to a report by Future Market Insights, the Hotel Channel Management Market is pivotal in reshaping how hotels optimize distribution channels and maximize revenue. From seamless integration of booking platforms to real-time inventory management,

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World’s top hotel brands struggle to build brand value despite rising demand : Brand Finance

World’s top hotel brands struggle to build brand value despite rising demand : Brand Finance

Hilton, with a brand value of USD11.6 billion, has retained its title as the world’s most valuable hotel brand for the ninth consecutive year, according to new data from Brand Finance, the world’s leading brand

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Hotel Industry to Hit Over Half-a-Trillion Dollar Value by 2028, says Stocklytics

Hotel Industry to Hit Over Half-a-Trillion Dollar Value by 2028, says Stocklytics

Although it took three years for the hotel industry to fully recover after the COVID-19 hit, the entire market has picked up the pace of solid growth and is set to reach a new milestone

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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

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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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