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ITDC Reports Robust Q1 Performance for FY 2024-25 with INR 10.12 Crore Profit Before Tax and Promising Growth Post-Elections

ITDC Reports Robust Q1 Performance for FY 2024-25 with INR 10.12 Crore Profit Before Tax and Promising Growth Post-Elections

India Tourism Development Corporation (ITDC), a public sector entity under the Ministry of Tourism, announced its Q1 results for FY 2024-25. In Q1 of FY 2024-25, the corporation reported a total turnover of INR 87.62

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Swiggy Unveils Innovative Marketing Solutions to Drive Restaurant Growth

Swiggy Unveils Innovative Marketing Solutions to Drive Restaurant Growth

Swiggy, India's leading on-demand convenience platform, has introduced a range of off-app marketing solutions to enhance visibility and customer engagement for restaurant partners. Available to partners across the country, these new tools are designed to

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ITC Hotels as a pure-play entity poised for the next horizon of growth and an exciting future

ITC Hotels as a pure-play entity poised for the next horizon of growth and an exciting future

Enriching India’s tourism landscape, ITC’s Hotels Business, with its repertoire of iconic properties, globally acknowledged cuisines, service excellence and ethos of Responsible Luxury is well poised to leverage the emerging opportunities. The asset-right strategy, envisioned

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IHCL continues its growth momentum, signs 16 hotels and opens 6 hotels in Q1 FY25

IHCL continues its growth momentum, signs 16 hotels and opens 6 hotels in Q1 FY25

Indian Hotels Company (IHCL) continues on its growth momentum of portfolio expansion in Q1 FY 2025 with 16 signings and 6 openings taking its total portfolio to 326 hotels with an industry leading pipeline of 102

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

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

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