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Latest Articles in Hospitality

India Services Activity In June Expands At Fastest Pace In A Year

The recovery in services firms' activity, along with a robust pace of manufacturing growth reported on Monday lifted the composite PMI to 53.3, its highest level since October 2016

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Frankfurt Business Events Rise By 2.1 %

Frankfurt’s event industry has been enjoying an excellent growth rate for a number of years with the latest statistical evaluations having once again returned record results

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Fortis Board To Meet This Week To Consider Takeover Options

Some of Fortis's minority shareholders are dissatisfied with the Manipal offer, and it is unclear if the IHH price appeals to them

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Travel: Open Sesame!

Hassle-free, frisk-free, paper-less air travel is the need of the hour considering the ever-growing numberof Indian air travellers

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‘We Will Increase Our Headcount In India Soon’

Hani-El-Assaad, President, SITA for Middle East, India and Africa, talks to Ashish Sinha on SITA’s (Société Internationale de Télécommunications Aéronautiques) vision going forward

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TravelTriangle Raises Rs 78 Cr In Series C Funding Led By Nandan Nilekani's Fundamentum

Fundamentum views vertical commerce in India as a great opportunity. The fund believes that a very large company in the holiday planning space is eminently possible, given the inability of large horizontal players to grow in this market

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Lesson Learnt From The Journey of Treebo

Where the team functions with the mind of an engineer and with a heart of hotelier, Treebo can be designated as a digital hotel. Being the pioneers for many digital innovations over the span of three years, Siddharth Gupta, Co-Founder, Treebo Hotels shared his four learnings from the journey of Treebo so far

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Ginger Hotels Expands Its Footprint In Goa

he move is in line with Indian Hotels Company Limited's (IHCL) focus on increasing its footprint across segments to meet the consumer demand at various price points

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Swiggy To Launch In Coimbatore, Kochi

With live order tracking, industry-best delivery time and the largest spread of restaurants, Swiggy will offer people the convenience and choice to have their favorite food whenever and wherever they want

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Fortis Shares Jump As Troubled Singh Brothers Quit As Directors

A separate lawsuit filed by a New York-based investor at the Delhi high court in November accuses the Singh brothers of "diversion, siphoning and digression of assets" from financial firm Religare Enterprises

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Shared Consumption, Responsible Individual Efforts Can Help Reach Goals For Sustainable Tourism

Sustainable tourism is mainly conceived with three kinds of responsibilities which are termed as the ‘triple bottom-line’ of economic responsibility, social responsibility and environmental responsibility

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Mahindra Holidays Plans Inventory Build-Up, New Products To Optimise Returns, Ward Off Risks

The new projects to increase the room capacity include those at Goa (250 rooms), Ashtamudi (100 rooms), Kandhaghat (150 rooms) and Naldehera (110 rooms)

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Hotels To See 11-13% Growth In Room Revenue Over 5 Years: CARE

For the current financial year 2017-18, CARE expects the momentum to pick up and the industry to register a growth of about 7-9 per cent in revenues

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Apparel: The Ethnic Boom

Riding on its robust growth, large private equity players are infusing hundreds of crore in the Indian ethnic wear market

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Hotel Industry Growth Continues To Trudge Despite All Right Signals: ICRA

Revenue growth for the industry sample remained subdued with the adjusted (for renovation/ sale of hotels) industry revenue witnessing 2 per cent growth during the quarter

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