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Hospitality Sector Sees 4.2% Pay Hike Amid Rising Wage Pressures

Hospitality Sector Sees 4.2% Pay Hike Amid Rising Wage Pressures

According to a report, 4th Global Salary Planning Report, published by UK-based compensation consultancy 3R Strategy, offers a detailed analysis of current salary trends and projections for 2025. Covering data from over 40 countries and

News
India’s Hospitality Sector Set for IPO Boom with INR 8,000 Crore Fundraising Plans

India’s Hospitality Sector Set for IPO Boom with INR 8,000 Crore Fundraising Plans

India's hospitality industry is poised for a major expansion in its listed universe as Schloss Bengaluru, Ventive Hospitality, and Brigade Hotels prepare to collectively raise INR 8,000 crore through Initial Public Offerings (IPOs), according to

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

Associations
Suman Billa, inaugurates  FHRAI Centre of Excellence for India’s Tourism and Hospitality Sector

Suman Billa, inaugurates FHRAI Centre of Excellence for India’s Tourism and Hospitality Sector

The Federation of Hotel and Restaurant Associations of India (FHRAI), the third largest hospitality association in the world, inaugurated its Centre of Excellence at the FHRAI office, marking an important step for the tourism and

Associations
FHRAI Centre of Excellence Unveils In-Depth Report on Streamlining Business Operations in the Hospitality Sector

FHRAI Centre of Excellence Unveils In-Depth Report on Streamlining Business Operations in the Hospitality Sector

The Federation of Hotel & Restaurant Associations of India ( FHRAI) Centre of Excellence has released a comprehensive report on the Ease of Doing Business in the Hospitality Industry on the sidelines of 54th Convention.

News
Minor Hotels Europe & Americas partners with Deepki to support its ESG leadership in the hospitality sector

Minor Hotels Europe & Americas partners with Deepki to support its ESG leadership in the hospitality sector

Minor Hotels Europe & Americas has chosen Deepki, the complete, market-leading ESG platform for real estate, to support its transition to net zero. The Group is leveraging actionable insights from the Deepki platform to define

Ministry
Union Education Minister Dharmendra Pradhan Emphasises Strategic Growth for Odisha’s Hospitality Sector

Union Education Minister Dharmendra Pradhan Emphasises Strategic Growth for Odisha’s Hospitality Sector

Union Education Minister Dharmendra Pradhan highlighted the importance of creating a conducive commercial and social environment for the growth of Odisha's hospitality industry during the inauguration of Swosti Premium Beach Resorts in Puri. Pradhan urged

Associations
J&K Administration Releases Draft Tourist Trade Rules for Hospitality Sector

J&K Administration Releases Draft Tourist Trade Rules for Hospitality Sector

According to Zieaat Times, the Jammu and Kashmir administration has unveiled draft Tourist Trade Rules, outlining the fees for registration and renewal for hotels, homestays, houseboats, and other hospitality entities. For a five-star deluxe hotel,

Ministry
Union Budget 2024-25 Disappoints Hospitality Sector with Lack of Structural Reforms

Union Budget 2024-25 Disappoints Hospitality Sector with Lack of Structural Reforms

The hospitality sector had high expectations from the Union Budget 2024-25 presented by FM Nirmala Sitharaman. However, the budget lacks substantial measures to address the fundamental challenges facing the sector, which are necessary to boost

News
Brij Hotels raises 4 Million USD in Series A Funding

Brij Hotels raises 4 Million USD in Series A Funding

Brij Hotels, a collection of distinguished boutique hotels, announced the successful closure of the 4 million USD Series A round led by the Manipal Education & Medical Group(MEMG) Family Office, with strategic participation from prominent

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