Sep 11, 2020 03:39 PM IST
Tax breaks may be in the offing for the sector which could do with a boost after a punishing spell during the lockdown
- Aug 31, 2020 06:48 PM IST
Economic activity in sectors such as hotels and restaurants has been hit hard by the lockdown as hotels remained shut for months and vacationers were forced to stay home.
- Aug 19, 2020 06:00 PM IST
Amazon has been a market leader in the e-commerce space and through Amazon Business, Yatra wants to offer an avenue to its partners where necessities are just a click away, Yatra.com Co-founder and CEO Dhruv Shringi added.
- Aug 12, 2020 12:15 PM IST
The hotel, with 109 rooms and suites, will be managed by Carnation Hotels which is a subsidiary and hotel management arm of Lemon Tree Hotels and is situated near the Dwarkadhish Temple in Gujarat.
- Aug 10, 2020 04:05 PM IST
The pandemic, followed by extended lockdowns in India both nationally and then localised, has impacted India Inc for the major part of the first quarter of the current financial year.
- Jul 25, 2020 08:08 AM IST
The Senior Vice President, South Asia of Marriott International Inc says that the way people will travel, stay and expect hotels to function will change forever.
- Jul 13, 2020 02:20 PM IST
Oyo has re-started operations in 20 states and union territories after lockdown restrictions were lifted
- Jul 09, 2020 02:53 PM IST
A survey by JLL showed that only 20 percent operators believed that revenues could reach 2019 levels within the next six to twelve months
- Apr 20, 2020 12:27 PM IST
Slower decision‐making on the part of institutional investors witnessed in H1 2020 on account of COVID-19; going forward investors to focus on acquiring opportunistic assets, especially in the hospitality space in India
- Apr 12, 2020 02:01 PM IST
"The impact is disastrous. The hotels are businesses which are very capital intensive and also have very high fixed costs," Lemon Tree Hotels Chairman and MD Patanjali G Keswani said.
- Feb 24, 2020 05:56 PM IST
Artificial Intelligence, is proving to be useful for a number of processes and functions across businesses in the travel and hospitality space, both in terms of internal operations and enhancing the experience for the end-users.
- Jan 26, 2020 12:28 PM IST
"We are optimistic that we should cross the hundred mark this year. We plan to open 15 hotels across India by end of 2020," Sarovar Hotels and Resorts Managing Director Ajay K Bakaya told PTI.
- Sep 13, 2019 05:36 PM IST
The two major concerns of the hospitality and food services industries are prohibitive costs of starting a business and delays in obtaining licences and permits, the report said
- Apr 03, 2019 05:19 PM IST
Accor is looking to add 24 hotels in India in next 3 years and adding around 4,000-5,000 people to its workforce.
- Mar 08, 2019 03:38 PM IST
Airbnb also runs a program called Self Employed Women’s Association (SEWA) under which 2 million rural Indian women are employed
- Jan 31, 2019 04:22 PM IST
Homestay major, Airbnb, raked in over $296 billion in revenue from corporate travels in the US; this is a testament to the changing landscape in the field of hospitality
- Nov 24, 2018 06:33 PM IST
In the past one year, Minor has aggressively bid for marquee properties across the globe, and its proposed acquisition of Leela will reportedly be funded by a mix of equity and debt.
- Oct 03, 2018 07:12 PM IST
The hospitality arm of the Kathmandu-based company, known for their Wai Wai noodles, was valued at $386 million in 2017.
- Oct 01, 2018 05:44 PM IST
The proposed Bill will impact not just technology companies, but everyone from your local "kirana" store to the hotel you check into when you're on a holiday. The criminal liability prescribed in the Bill, as well as lack of clarity on certain provisions have been flagged by different industries.
- Sep 07, 2018 07:07 PM IST
Section of the hospitality industry which exclusively cater to the community feels it would be easier for them to do business now. Doubling of business is on the cards-LGBT tour operators
- Sep 02, 2018 09:50 AM IST
- Jun 06, 2018 06:11 PM IST
The company also wants to partner with real-estate owners to explore IT parks and business hubs to introduce the concept.
- May 17, 2018 12:46 PM IST
Multiple big-ticket hotel funding, divestments and acquisitions already underway
- Jan 29, 2018 10:27 AM IST
A person familiar with the development told the paper that the terms will be finalised in the first quarter of this year.
- Jan 17, 2018 10:12 PM IST
Ministry officials said that the new set of guidelines were aimed at streamlining hotel classifications to make them simple, transparent and time-bound.