Hotel Industry News
How Pahalgam terror attack grounded Kashmir’s rising tourism tide - ‘they did not just kill people’
Pahalgam Terror Attack: The Pahalgam terror attack on April 22 didn’t just kill people. It will cast a long-term shadow on Tourism, one of the contributors to Jammu and Kashmir’s economy. Never before have so many tourists been killed in a single attack in Kashmir’s violent past.
6 min read28 Apr 2025Hotel investments shift to smaller cities as boom moves beyond tier-I markets
The hospitality sector is expanding rapidly in tier-II, III and IV cities, with over 47,500 hotel rooms signed in 2024. Factors include rising urban population, government support and niche tourism, according to HVS Anarock’s new report.
3 min read27 Feb 2025Hotels are luring the uber-rich by monetising India’s rarest commodity – privacy
With luxury travel rising to unprecedented levels since the pandemic, a growing number of hotels, big and small, are transforming regular rooms and other spaces into ultra-luxurious suites and villas that promise absolute privacy. They cost as much as ₹6 lakh a night.
6 min read31 Oct 2024Ventive Hospitality’s IPO announcement was timed perfectly. But not for investors.
As tailwinds in the hotel industry are starting to slow down, Ventive’s promoters have found the perfect opportunity to cash out while the exuberance in the stock market is still high, industry experts and analysts told Mint.
3 min read17 Sep 2024Hotels, tour operators, and more: 4 Key sectors to benefit from Ram Mandir inauguration
The eagerly awaited inauguration of the Ram Mandir took place in Ayodhya on Jan 22. With over $10 billion in investments made, the city is expected to attract around 5-10 cr footfall every year. This influx of pilgrims is poised to create lucrative opportunities for many sectors. Let's take a look:
4 min read23 Jan 2024Royal Orchid Hotels: Up only 2.5% in a year but Nuvama sees 63% upside going ahead – key reasons
On the back of in-line September quarter results, strong growth outlook, robust room additions, and high EBITDA, brokerage house Nuvama has retained its ‘buy’ call on hotel stock Royal Orchid Hotels (ROHL) with a target price of ₹498, indicating an upside of 63 percent.
3 min read29 Nov 2023Hotel industry's double-digit growth to continue this fiscal, says ICRA report
Premium-hotel occupancy is expected to remain at a high of 70-72% across India in FY24 after recovering to 68-70% in FY23, the report said.
1 min read25 Oct 2023Hotel loyalty programs: How to make the most of the Marriott Bonvoy loyalty program?
The Marriott Bonvoy loyalty program is a world-renowned hotel loyalty program offering members the ability to earn and burn loyalty points across 7000+ hotels worldwide while enjoying various benefits.
4 min read23 May 2023‘We can’t have brands in portfolio that aren’t perceived as premium’
Indian Hotels CEO Puneet Chhatwal has stated that the worst is behind for India's hotel industry, and FY24 was the beginning of an upcycle after almost two years of devastation. Despite signing 36 properties over the last 12 months, IHCL is eager to add more hotels to its portfolio
9 min read10 Apr 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared