Hospitality
Breaking News
Brookfield explores public listing for The Leela Hotels, initiates talks with bankers
Brookfield Asset Management is planning to list its luxury hotel chain, The Leela Palaces, Hotels & Resorts, and is in talks with bankers for...
IHCL aims for double-digit growth, eyes international expansion in FY25
Tata group-backed Indian Hotels Company (IHCL) has set its sights on achieving double-digit topline growth this fiscal year. With aspirations to unveil 25-30 new...
THSC to host IndiaSkills 2024 Hospitality Competitions in Delhi, spotlighting emerging talent
The Tourism & Hospitality Skill Council (THSC) will be organizing the IndiaSkills 2024 Hospitality Competitions, a three-day event scheduled from April 27 to April...
Hilton bullish on India, plans to triple its supply and expand presence
One out of every five rooms being built in the global hospitality sector is from the Hilton portfolio, as stated by Chris Silcock, president...
ITC to expand hospitality footprint overseas, eyes neighbouring markets and Middle East
ITC, a diversified conglomerate, plans to expand its presence in the hospitality sector by venturing into more overseas markets, particularly in neighbouring countries and...
Radisson Hotel Group expands portfolio with Svelte Delhi, set to open by Q3 2024
On Thursday, the Radisson Hotel Group announced the signing of the 108-room Svelte Delhi, a member of Radisson Individuals.The hotel is anticipated to commence...
Hotel rates soar as Indians seek cool retreats from sweltering plains
Seeking refuge from the sweltering plains will come at a cost this year, as hotel rates in hill stations throughout India are on the...
TGI Fridays enters merger agreement with UK franchisee Hostmore in $220 Million deal
TGI Fridays has agreed to an all-share acquisition by Hostmore, its UK-based hospitality business counterpart.The £177 million ($220 million) transaction is set to be...
CG Group to take CG Hospitality Global and The Fern brand public, sets sights on aggressive growth
CG Group, a multinational conglomerate, plans to gradually take its hospitality company CG Hospitality Global and The Fern brand public over time, according to...
Royal Orchid Hotels expands presence in East India, launches Regenta Central as first property in Odisha
Expanding its footprint in the eastern region of India, Royal Orchid Hotels Ltd (ROHL) has established its presence in Odisha by inaugurating Regenta Central...
ITC Hotels charts course for expansion, targets 70 new properties within next five years
ITC Hotels aims to grow its portfolio from the existing 130 hotels to 200 within the next five years by launching new properties across...
Marriott International sees India as a ‘shining star’ for growth with plans to expand to 250 hotels in next five years
India continues to be a 'shining star around the world' in terms of growth opportunities for Marriott International, according to a top executive at...