HBIZ - Hospitality Biz India: Latest News & Analysis
2 天之前 · July 30, 2023. Isthara ventures into Gujarat as part of its nationwide expansion. February 28, 2024. Trends, growth, and future of the hospitality sector. October 13, 2022. Adani Airport Holdings to Acquire Majority Stake in Semolina Kitchens for F&B and Lounge Business Expansion. March 7, 2024.
Marriott and SAMHI Hotels Plans Expansion India with Three New ...
7 小时之前 · Marriott International and SAMHI Hotels have announced a strategic partnership to develop three new properties in India, collectively offering over 568 rooms. The planned hotels include W Hyderabad Hitec City, Bengaluru Whitefield, A Tribute Portfolio Hotel, and The Westin Bengaluru Whitefield, with ...
India's Branded Hotels Achieve Record Occupancy and ADR in FY …
Branded hotels across India achieved a room occupancy rate of 67.5%, the highest since FY 2008, and recorded the highest-ever average daily rate (ADR) of INR8,055 in FY 2024, highlighting significant growth in the hospitality sector, according to …
Hyatt Hotels Set to Grow Indian Presence, Adding 7 Properties in …
2024年3月14日 · Hyatt Hotels Corporation, a leading name in the global hospitality sector, has announced its ambitious plan to bolster its presence in India by launching seven new hotels and adding 1,115 rooms across various leisure and urban locations in 2024.
Redefining Indian hospitality, the TECH way
2024年6月6日 · Technology has remodeled the way in which a hotel functions and continues to redefine guest experience. Hospitality Biz takes a look at the aspects of technology that enable hoteliers ‘ operational and business efficiencies and what its future beholds.. In today’s digital age, embracing technology is no longer a luxury, but a necessity for the Indian hospitality businesses to …
India’s hospitality sector witnessed USD 401 million investment ...
2024年4月1日 · JLL India today released its latest report titled ‘Hotel Investment Trends – India 2023,‘ highlighting the growth and positive start of the first quarter (Jan-March) of 2024 in the hospitality sector.The report mentions that the first quarter of 2024 witnessed a significant 80% Year-on-Year increase in hotel transaction volumes, reaching USD 78 million.
IHCL Expands Portfolio to 350 Hotels with Major Acquisitions
6 天之前 · The Indian Hotels Company Limited (IHCL), India’s largest hospitality group, has reported an impressive set of financial results for the second quarter ending September 30, 2024, marking ten consecutive quarters of record-breaking performance. With a significant 28% year-over-year growth in ...
IHG Hotels & Resorts to double presence in India, plans for 50 new ...
2024年4月24日 · With close to 50 hotels in the pipeline, IHG Hotels & Resorts, one of the world’s leading hotel companies, will double its operating portfolio in India in next 5 years. The company recorded strong signing performance in 2023 with 13 deals closed across its brands in luxury, premium and essentials categories, strengthening its footprint in cities such as Gurgaon, Jim Corbett, Mumbai, Amritsar ...
Reducing the Carbon Footprint of the Hospitality Industry
By Piyush Gupta, CEO, VOSMOS. The hospitality industry is a significant part of global economies, but it is facing increasing scrutiny for its environmental impact.
Indian hospitality embraces sustainable growth
2024年3月21日 · Indian hospitality entities are increasingly embracing sustainable practices in their operations. According to a recent KPMG report titled “Sustainability in Tourism: Reimagining India’s Sustainable Tourism Evolution,” the sustainable tourism market in India was valued at US$26.01 million in 2022 and is projected to reach US$151.88 million by 2032, with a rapid CAGR of 19.3% from 2022 to ...