HBI Staff | Hyderabad
Rahul Bhatia-owned InterGlobe Enterprises (IGE) announced on Tuesday the sale of a 2% stake in InterGlobe Aviation (IndiGo) via a block deal, raising approximately Rs 3,400 crore. This move aims to fund the expansion of
Asmita Mukherjee | Hyderabad
Espire Hospitality Group, with ambitious plans to open 20 hotels and resorts in the next few years, is set for a major expansion. Their strategy caters to a diverse range of travellers by offering both
HBI Staff | Hyderabad
Minor Hotels, a global hotel owner and operator with more than 540 properties in 56 countries, is set to intensify its presence in the dynamic Indian hospitality market, targeting 50 new openings within the next
HBI Staff | Hyderabad
Accor continues to expand its portfolio of premium, midscale and economy brands across Europe with an array of new hotel additions and a strong line-up of openings slated for the first part of 2024. At
HBI Staff | Hyderabad
The Open Network for Digital Commerce (ONDC) has commenced a pilot project targeting street food vendors in Delhi and Lucknow to accelerate their digital integration. With plans to onboard 500 vendors within 1-2 months, the
HBI Staff | Mumbai
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
HBI Staff | Mumbai
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
HBI Staff | Mumbai
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
HBI Staff | Hyderabad
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,
Asmita Mukherjee | Hyderabad
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
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