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  • Indian hospitality industry is entering the strongest upcycle in 20 years: Manav Thadani Jan 15, 2018 12:55 PM IST

    Indian hospitality industry is entering the strongest upcycle in 20 years: Manav Thadani

    In a free-wheeling chat, the Founder & Chairman of Hotelivate talks about his new entrepreneurial journey.

  • PE interest in hospitality revives, but cautious over investments Dec 06, 2017 04:22 PM IST

    PE interest in hospitality revives, but cautious over investments

    PEs are cautious and now looking at operational hotels, to avoid project delays and cost overruns

  • Deal involving Mamagoto restaurant's owner Azure gets CCI nod Jul 04, 2017 09:45 PM IST

    Deal involving Mamagoto restaurant's owner Azure gets CCI nod

    In a tweet today, the CCI said that it has approved "merger of Azure Hospitality with Akira Marketing, Mama Catering and Claridges Hospitality".

  • Carlson properties in India likely to cross 200 by 2020 Apr 05, 2017 04:17 PM IST

    Carlson properties in India likely to cross 200 by 2020

    The group had earlier estimated a target of 170 properties by 2020, but looking at the strong momentum in India, it said the number is likely to cross 200.

  • NAO: A robot built for hospitality and banking services Feb 17, 2017 06:00 PM IST

    NAO: A robot built for hospitality and banking services

    It's only two feet tall, it dances, it does push-ups, recognises faces and also clicks selfies. Meet IBM's Watson powered, NAO, a robot that has been built to perform a whole host of functions across the hospitality, banking and aviation space. CNBC-TV18's Priya Sheth had a power-packed interaction with NAO.

  • IHG plans to open 150 hotels in India in 10 years Feb 15, 2017 09:52 AM IST

    IHG plans to open 150 hotels in India in 10 years

    "India is the third largest growth market for IHG after US and China. We plan to open 100 to 150 new properties in India over the next ten years," Shantha De Silva, head of South West Asia, IHG, told reporters here.

  • Hotel industry seeks uniformity in regulations Jan 27, 2017 09:08 PM IST

    Hotel industry seeks uniformity in regulations

    The Hotel and Restaurant Association of Western India (HRAWI) today said it will appeal to the government to create a level playing field for all hospitality players to bring uniformity in regulations.

  • Oyo launches Townhouse brand, targets 250 properties by year end Jan 24, 2017 07:17 PM IST

    Oyo launches Townhouse brand, targets 250 properties by year end

    Budget hotel room aggregator Oyo has launched a new brand called Townhouse which will allow guests to use the property as an alternative workplace, hold meetings and access a lounge.

  • Jaitley bats for outsourcing of railways' non-core functions Dec 20, 2016 12:42 PM IST

    Jaitley bats for outsourcing of railways' non-core functions

    Weeks before he presents India's first combined general and railway budget, Finance Minister Arun Jaitley today made a strong case for outsourcing of non-core functions like hospitality services of Indian Railways and pressed for a transparent accounting system.

  • UAE firm plans Gulf expansion for Kerala Golden Trio Dec 13, 2016 01:52 PM IST

    UAE firm plans Gulf expansion for Kerala Golden Trio

    A first-of-its-kind initiative 'Kerala Golden Trio' by Fragrant Nature Resorts has been launched for the visitors from the Gulf Cooperation Council (GCC) region.

  • EIH September quarter net plunges 59% to Rs 3.8 crore Nov 03, 2016 06:16 PM IST

    EIH September quarter net plunges 59% to Rs 3.8 crore

    Its net sales were down 8.87 percent at Rs 272.56 crore during the quarter under review as against Rs 299.10 crore in the same quarter of the previous fiscal.

  • Chennai: Luxury hotels on a 'rebranding' drive Aug 29, 2016 10:20 PM IST

    Chennai: Luxury hotels on a 'rebranding' drive

    With plenty of new swanky hotels throwing open their doors in the last few years, reimagining the brand and service offering have become crucial for profitable sustenance.

  • Expect Max Bupa to break even in 2018: Max India MD Aug 24, 2016 04:48 PM IST

    Expect Max Bupa to break even in 2018: Max India MD

    Max India's hospitality business has grown by 30 percent in the last six years, he says. The company plans to expand its bed capacity to 5,000 from the current 2,500. Land has been acquired for these expansion plans.

  • Brigade wants to transform realty through REAP accelerator Aug 24, 2016 04:47 PM IST

    Brigade wants to transform realty through REAP accelerator

    The aim is to encourage start-ups in the real estate, hospitality, retail and education spaces, said MR Jaishankar, CMD, Brigade Group.

  • Lenders approve Rs 16,189 cr Jaypee-UltraTech deal: Sources Jul 13, 2016 11:23 AM IST

    Lenders approve Rs 16,189 cr Jaypee-UltraTech deal: Sources

    Lenders have approved the Rs 16,189-crore Jaiprakash Associates- UltraTech deal which had been stuck for some time now due to valuation conflicts, reports CNBC-TV18.

  • Need to invest Rs 750-2000 cr  to grow hospitalty biz: Brigade Jun 17, 2016 03:39 PM IST

    Need to invest Rs 750-2000 cr to grow hospitalty biz: Brigade

    Speaking to CNBC-TV18 MR Jaishankar, CMD of Brigade Enterprises says he is bullish on the hospitality business, adding the company would retain majority stake in it.

  • OYO Rooms enters into partnership with ItzCash Jun 08, 2016 01:34 PM IST

    OYO Rooms enters into partnership with ItzCash

    "The tie-up will facilitate effortless payments for hotel-bookings across 5,500 hotels in over 170 cities in India through ItzCash's easy money transfer solutions," the companies said in a joint statement.

  • Jaypee Group may hive off its hospitality, fertilisers units Jun 02, 2016 04:31 PM IST

    Jaypee Group may hive off its hospitality, fertilisers units

    In a bid to service its Rs-75,000-crore debt, Jaypee Group is setting its sights on the sale of other business. The group has already divested its stake cement business to UltraTech.

  • EIH Q4 net profit down 51% at Rs 23 crore May 26, 2016 03:42 PM IST

    EIH Q4 net profit down 51% at Rs 23 crore

    The company had posted a standalone net profit of Rs 47.91 crore in the January-March period of 2014-15 fiscal, EIH said in a BSE filing.

  • OYO enters north-east, offers 250 rooms in Gangtok, Darjeeling May 17, 2016 01:56 PM IST

    OYO enters north-east, offers 250 rooms in Gangtok, Darjeeling

    The company now offers more than 250 standardised rooms at rates as low as Rs 999 per night in Gangtok and Darjeeling for and premium rooms for Rs 2,500-4,000 per night.

  • Salary hike of 11-13% is all you can hope for in FY17 Apr 18, 2016 10:27 PM IST

    Salary hike of 11-13% is all you can hope for in FY17

    Fancy a foreign holiday this year? A new car? A diamond set? Don't count on it this year. According to Staffing Services firm TeamLease, salary hikes this year may not be something to write home about.

  • Fashion brand Max eyes Rs 3,000 crore revenue by FY18 Feb 22, 2016 09:16 AM IST

    Fashion brand Max eyes Rs 3,000 crore revenue by FY18

    Largely a family-format store, Max is a USD 1.6 billion brand across 17 countries. It operates 140 stores across 50 cities in the country and plans to take the total to 250 stores by 2018-19.

  • Hiring jumps in IT, telecom, healthcare in January: TimesJobs Feb 16, 2016 02:46 PM IST

    Hiring jumps in IT, telecom, healthcare in January: TimesJobs

    Among top recruiting industries, healthcare posted a two percent rise and IT, telecom saw a one percent rise in talent demand. Hiring in travel and hospitality also grew three percent, according to the latest TimesJobs RecruiteX data.

  • Courtyard by Marriott, Agra Celebrates its 1st Anniversary with One of the Longest Cakes in the History of Agra! Jan 20, 2016 12:10 PM IST

    Courtyard by Marriott, Agra Celebrates its 1st Anniversary with One of the Longest Cakes in the History of Agra!

    Located in the romantic city of Agra, home to the world-renowned Taj Mahal, one of the Seven Wonders of the World, Courtyard by Marriott Agra ...

  • See $ weakening in short term; like banks, hospitality cos:Ambit Dec 30, 2015 10:48 AM IST

    See $ weakening in short term; like banks, hospitality cos:Ambit

    As far as the Indian market is concerned, it is likely to get excited going into the Budget, says Andrew Holland of Ambit Investment Advisors. He also expects the dollar to weaken in the short-term, which will in turn be beneficial to emerging markets like India

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