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    F&B
    admin: VRO Hospitality Raises $10 Million Bridge Round to Drive Expansion and Infrastructure Growth

    admin: VRO Hospitality Raises $10 Million Bridge Round to Drive Expansion and Infrastructure Growth

    VRO Hospitality, a rapidly expanding F&B fine dining chain in India, has announced the successful completion of a $10 million bridge funding round, comprising both Equity and Debt components. Axis Bank, a prominent private sector

    News
    Hyatt to strengthen luxury portfolio with over 35 planned hotels and resorts across globe

    Hyatt to strengthen luxury portfolio with over 35 planned hotels and resorts across globe

    Hyatt Hotels Corporation, have shared Hyatt’s strong development pipeline of more than 35 planned luxury hotels and resorts globally through 2025 across the Park Hyatt, Grand Hyatt, Miraval, Alila, Andaz, Thompson Hotels, and The Unbound

    F&B
    India’s food service market set to reach a staggering $78.8 billion by 2026

    India’s food service market set to reach a staggering $78.8 billion by 2026

    According to Wazir Advisors, India's food service industry, currently 47% organized, is projected to expand from $57.2 billion to $78.8 billion by 2026, with organized players holding a 53% market share. In 2023, the organized

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    Marriott to expand India portfolio to 250 hotels by 2025

    Marriott to expand India portfolio to 250 hotels by 2025

    Marriott International is reportedly planning to increase its portfolio in India to 250 hotels by 2025. The company is looking to open more than 100 properties across at least ten new cities in the country,

    News Track
    Absolute Barbecues mulls rapid expansion

    Absolute Barbecues mulls rapid expansion

    Barbeque buffet restaurant chain - Absolute Barbecues (popularly known as AB’s) is aiming to reach its 100th outlet by 2024. In a recent interaction with Hospitality Biz at a press conference organised at Hyderabad, Vivek

    Exclusive News
    American Brew Crafts’ BlockBuster Beer on a rapid expansion spree

    American Brew Crafts’ BlockBuster Beer on a rapid expansion spree

    American Brew Crafts, a home-grown beer manufacturing company, has recently launched its flagship brand BlockBuster beer. The brand is now mulling rapid expansion across Jharkhand, Chhattisgarh and Odisha by next month and across Gujarat, Delhi,

    F&B
    Ghost Kitchens aims expansion of Food Tech Program by investing INR 50 crores in the next one year

    Ghost Kitchens aims expansion of Food Tech Program by investing INR 50 crores in the next one year

    Ghost Kitchens India Pvt Ltd is an internet restaurant tech platform that helps restaurants and cloud kitchens having under-utilized capacities to earn incremental revenue without any investment. The company has announced the opening of its

    Exclusive News
    Hyderabad-based Ohri’s Group eyes expansion pan-India and abroad

    Hyderabad-based Ohri’s Group eyes expansion pan-India and abroad

    Hyderabad-based F&B brand Ohri’s which has around 20 F&B brands in its portfolio is planning to expand further to other states. Amar Ohri Executive Director, Ohri's India said that they are now in the process

    Exclusive News
    Leisure Hotels Group mulling pan-India expansion

    Leisure Hotels Group mulling pan-India expansion

    Leisure Hotels Group (LHG), an experiential luxury resort chain in North India, has been witnessing 25% Y-O-Y growth (compared to pre-covid levels). Vibhas Prasad, Director of Leisure Hotels Group said that buoyed by their rapid

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