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Jain Group Bets Big on Hospitality with INR 500 Crore Investment by 2030

Jain Group Bets Big on Hospitality with INR 500 Crore Investment by 2030

Kolkata-based Jain Group, which plans to invest INR 500 crore in the hospitality sector by 2030, is open to inorganic growth as the segment contributes nearly 50% of its annual revenue. The group further bolstered

News
Day 3 of FHRAI Convention Focuses on Wellness Tourism and Investment in Punjab

Day 3 of FHRAI Convention Focuses on Wellness Tourism and Investment in Punjab

The third day of the FHRAI Annual Convention 2024, held in Goa, brought together prominent industry leaders and government officials to discuss the future of the Indian hospitality sector. Goa, known for its rich cultural

News
Devrana Launches New Express Outlet in Shastri Nagar with INR 1.5 Crore Investment

Devrana Launches New Express Outlet in Shastri Nagar with INR 1.5 Crore Investment

Devrana an authentic culinary destination announces the opening of its new outlet in Shastri Nagar, Meerut. Located at K6 opposite PVS Mall, this express model outlet represents Devrana's ongoing efforts to provide quality culinary experiences

Liquor
Tilaknagar Industries Increases Stake in Samsara Gin Maker with INR 13.15 Crore Follow-on Investment

Tilaknagar Industries Increases Stake in Samsara Gin Maker with INR 13.15 Crore Follow-on Investment

Tilaknagar Industries Limited , leading manufacturer of Indian-Made Foreign Liquor (IMFL), today announced a follow-on investment of INR 13.15 crore, to be invested over a period of 18 months, in Spaceman Spirits Lab Private Limited

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Saudi Arabia cancels hotel licence fee to boost tourism investment

Saudi Arabia cancels hotel licence fee to boost tourism investment

Saudi Arabia has announced the cancellation of fees for issuing commercial activity licences for hotels, hotel apartments, and residential resorts, the state news agency SPA reported today. The decision, effective immediately, is part of the

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Olive Seeks USD 20 Million Investment and Strategic Partner to Enhance Offerings and Expand Tech Infrastructure

Olive Seeks USD 20 Million Investment and Strategic Partner to Enhance Offerings and Expand Tech Infrastructure

According to HT, Olive, the co-living and hospitality arm of Embassy Group, is seeking to raise USD 20 million and attract a strategic investor with a minority equity stake, co-founder and chief executive Kahraman Yigit

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Shiftz secures investment from industry veteran Nakul Anand

Shiftz secures investment from industry veteran Nakul Anand

Shiftz, the pioneering staffing platform tailored for the hospitality industry, launched in 2023, continues to assert its dominance in the sector with a recent milestone achievement. Notably, the platform has attracted investment from Nakul Anand,

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

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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Sands group announces investment of USD 2.2 bn for Londoner Macao

Sands group announces investment of USD 2.2 bn for Londoner Macao

Las Vegas Sands and Sands China Ltd. are revamping their Holiday Inn Cotai Central property in Macao into an integrated London themed 600 keys all suites hotel renamed as Londoner Macao. With this transformation, they

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