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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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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
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

F&B
Curefoods invests INR 10 cr in Food Discovery Platform HOGR

Curefoods invests INR 10 cr in Food Discovery Platform HOGR

Hogr, a social platform that enables restaurant and food discovery, has raised Rs.10 Crores in a seed funding round led by Curefoods, key player in the Indian food industry known for housing brands like EatFit

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The hospitality sector witnessed 15.1% YoY RevPAR growth in Q3, 2023: JLL

The hospitality sector witnessed 15.1% YoY RevPAR growth in Q3, 2023: JLL

The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q3 2023, primarily driven by the significant rise in Average Daily Rate (ADR) of 15.6% over Q3 2022 resulting in a RevPAR

New Appointments
Four Seasons Hotel Mumbai appoints Prabin C.B. as Director of Revenue

Four Seasons Hotel Mumbai appoints Prabin C.B. as Director of Revenue

Four Seasons Hotel Mumbai announced the appointment of Prabin C.B. as Director of Revenue. With a strong background in revenue optimization and a proven track record in the luxury hospitality industry, Prabin is set to

News
Sterling Holiday Resorts announces YoY growth of over 60%

Sterling Holiday Resorts announces YoY growth of over 60%

Sterling Holiday Resorts Ltd. announced its financial results for the third quarter and 9 months of the financial year ending December 31, 2023. The company recorded a total income of Rs 10,400 Lakhs, which is

News
OYO records 83% YoY growth in Business Travel

OYO records 83% YoY growth in Business Travel

Business travel has made a strong comeback in India after two consecutive years of subdued sentiments due to the pandemic. OYO Business Travel Trends Report 2022 reveals that bookings in business cities have recorded an

F&B
Yum! Brands witnesses 45% system sales growth for India and area countries in Q3

Yum! Brands witnesses 45% system sales growth for India and area countries in Q3

Yum! Brands, which houses brands like KFC and Pizza Hut, witnessed a 45% system sales growth for India and area countries for Q3. “The quarter ending September (Q3 2022) witnessed a 45% system sales growth

Exclusive News
‘We are mulling growth across the country in leisure destinations with an asset-lite model’: Vibhas Prasad, Director, Leisure Hotels Group

‘We are mulling growth across the country in leisure destinations with an asset-lite model’: Vibhas Prasad, Director, Leisure Hotels Group

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). In a conversation with Asmita Mukherjee, Vibhas Prasad, Director, Leisure Hotels Group said

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