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culinary
Oyo Prepares for IPO Filing Amid Growing Hospitality Expansion

Oyo Prepares for IPO Filing Amid Growing Hospitality Expansion

Oyo, the hospitality startup known for its affordable and flexible accommodation offerings, is gearing up to file its draft red herring prospectus (DRHP) by the first quarter of the next financial year, marking its third

News
Ventive Hospitality Eyes Expansion Amid Rising Leisure and Temple Tourism in India

Ventive Hospitality Eyes Expansion Amid Rising Leisure and Temple Tourism in India

  Ventive Hospitality Ltd, a joint venture between Pune-based real estate giant Panchshil Realty and global asset management firm Blackstone, is gearing up for a significant expansion of its hotel portfolio. The move comes as

News Track
India’s Hospitality Sector Shifts Focus: HVS ANAROCK Report Highlights Growth Amid Challenges

India’s Hospitality Sector Shifts Focus: HVS ANAROCK Report Highlights Growth Amid Challenges

The latest HVS ANAROCK Monitor: November 2024 report reveals a dynamic but challenging landscape for India’s hospitality sector. While October 2024 saw a decline in occupancy rates across most cities, the industry experienced an encouraging

News
HPTDC Workers Union Demands Chairman’s Removal Amid Hotel Closure Orders

HPTDC Workers Union Demands Chairman’s Removal Amid Hotel Closure Orders

  The workers union of the Himachal Pradesh Tourism Development Corporation (HPTDC) has called for the removal of RS Bali, the corporation's chairman, following a Himachal Pradesh High Court directive to shut down several loss-making

culinary
Hotel Occupancy and Tariffs Surge Amid Wedding Season Boom

Hotel Occupancy and Tariffs Surge Amid Wedding Season Boom

Hotel occupancy and wedding venue bookings have surged during the ongoing wedding season, with most premium properties either fully booked or nearing capacity on key auspicious dates. Industry stakeholders report a 10% rise in tariffs

News
Sebi Orders Suspension of Embassy REIT’s CEO Amid Allegations of Negligence in Financial Reporting

Sebi Orders Suspension of Embassy REIT’s CEO Amid Allegations of Negligence in Financial Reporting

In a major regulatory action, the Securities and Exchange Board of India (Sebi) has directed Embassy Office Parks Management Services Pvt Ltd to suspend Aravind Maiya as its Chief Executive Officer (CEO) and appoint an

Liquor
Maharashtra Mandates AI Surveillance for All Licensed Bars, Pubs, Restaurants and Liquor Outlets, Amid Privacy Concerns

Maharashtra Mandates AI Surveillance for All Licensed Bars, Pubs, Restaurants and Liquor Outlets, Amid Privacy Concerns

Soon, any customer hopping into a licensed bar/pub in any establishment in Maharashtra would be subjected to a full, sophisticated Artificial Intelligence and Machine Learning (AI-ML) based scrutiny of his getaway to the watering hole,

News
Coldplay Concert Drives Five-Star Hotel Rates in Navi Mumbai to INR 1 Lakh per Night Amid Soaring Demand

Coldplay Concert Drives Five-Star Hotel Rates in Navi Mumbai to INR 1 Lakh per Night Amid Soaring Demand

  As Coldplay prepares for its much-anticipated return to India after a nine-year hiatus, the British band's upcoming concerts in Mumbai have led to a significant surge in both concert ticket prices and hotel rates.

News
Bali Weighs Moratorium on New Hotel and Club Construction Amid Overtourism Concerns

Bali Weighs Moratorium on New Hotel and Club Construction Amid Overtourism Concerns

According to a recent report from Indonesia’s state news agency Antara, Bali is considering implementing a two-year moratorium on new hotel and club constructions to tackle the escalating issue of overcrowding. This initiative aims to

F&B
Zomato CEO Deepinder Goyal Bans AI-Generated Food Images on Menus, Urges Restaurants to Prioritise Authenticity

Zomato CEO Deepinder Goyal Bans AI-Generated Food Images on Menus, Urges Restaurants to Prioritise Authenticity

In response to growing customer dissatisfaction, Zomato CEO Deepinder Goyal announced that the platform will remove all AI-generated food images. Originally intended to enhance visual appeal, these images have led to complaints, breaches of trust,

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