Search result for 'hospitality sector'

Marriott Opens First Global Tech Center in Hyderabad

October 3, 2024 22:44

Marriott International has launched its first Global Capability Centre (GCC) in Hyderabad, India, leveraging the city's tech talent to enhance its global operations.

Flexible Office Space to Reach 100 Million Sq Ft by 2026

October 1, 2024 15:22

Flexible office space operators are expanding rapidly, with a portfolio set to exceed 100 million sq ft by 2026, fueled by demand from corporates.

Leela Palaces Parent Files IPO for Rs 5,000 cr

September 22, 2024 20:28

Schloss Bangalore, operator of Leela Palaces Hotels & Resorts, files IPO papers with Sebi, aiming to raise Rs 5,000 crore. The IPO includes a fresh issue and an offer for sale.

India Boosts Tourism at France Trade Fair - IFTM Top Resa 2024

September 18, 2024 15:54

India participates in IFTM Top Resa 2024 in Paris to boost inbound tourism, showcasing its diverse offerings and attracting visitors from France and beyond.

Hotel RevPAR Up 4.8% in Q2: JLL Report

August 14, 2024 18:11

India's hospitality sector saw a 4.8% rise in RevPAR in Q2 2024, driven by ADR growth. Hyderabad led with 11.9% growth, followed by Delhi and Bengaluru. JLL's HMI report highlights strong industry...

India International Hospitality Expo 2024 Inaugurated

August 3, 2024 20:19

Union Tourism Minister Gajendra Singh Shekhawat inaugurated the 7th India International Hospitality Expo (IHE 2024) in New Delhi, showcasing the growth of India's hospitality sector.

India Hospitality Sector to Boom: Thomas Cook

August 1, 2024 15:20

Thomas Cook India sees strong growth in India's hospitality sector, with demand outpacing supply. The company is expanding its holiday outlets and resort portfolio.

Bengaluru Office Leasing Up 15% in Q2 2024: Vestian

July 30, 2024 15:52

Office leasing in Bengaluru rose 15% in April-June, driven by IT-ITeS and AI & robotics firms. Vestian's report highlights the city's thriving office market.

Kerala Business Leaders Hail Budget for Startups, Gold Duty Cut

July 23, 2024 21:43

Kerala business leaders applaud the budget's measures for startups, including angel tax abolition and gold import duty reduction, but highlight the need for support to retail and tourism sectors.

Budget 2024: Hospitality Sector Disappointed by Lack of Specific Support

July 23, 2024 17:29

Hospitality players express disappointment with the Union Budget 2024-25 for lacking specific measures to support the sector's growth, including infrastructure status and policy reforms.

India Budget 2024: Fiscal Consolidation, Common Man Focus

July 23, 2024 15:45

India's Budget 2024 focuses on fiscal consolidation and common man's interests, with mixed reactions from industry.

Maharashtra Tourism Policy: Big Investment Boost for Hotels

July 20, 2024 21:15

Maharashtra's new tourism policy aims to attract Rs 1,00,000 crore in investment and generate 18 lakh jobs over the next decade. Hoteliers welcome the policy's focus on infrastructure and incentives.

GST Rate for Hotels: Travel Industry Urges Uniform 12% in Budget

July 10, 2024 21:28

Travel and tourism industry appeals for a uniform 12% GST rate on hotels in the upcoming Budget, citing benefits for domestic and inbound tourism. They also suggest tax incentives for sustainable...

Hospitality Industry Seeks Infrastructure Status in Budget

July 7, 2024 11:28

Hospitality players urge the government to accord infrastructure status to hotels in the upcoming Budget, seeking incentives and tax breaks to boost investment and growth in the sector.

FHRAI Seeks Infra Status for Hotels & Convention Centers

June 26, 2024 13:59

FHRAI urges the government to grant infrastructure status for hotels and convention centers, proposing GST rationalization and a 12% rate for all hotels.

7-Star Resort Near Mumbai: Bharat Agri Fert & Realty Invests Rs 55 Cr

June 24, 2024 15:01

Bharat Agri Fert & Realty Ltd (BAFREL) will develop India's first 7-Star resort on the outskirts of Mumbai with an investment of Rs 55 crore. The resort will offer 170 rooms, banquet hall,...

CII Urges Modi 3.0 to Push Land, Labour, Agri Reforms

June 13, 2024 19:23

CII calls for reforms in land, labour, and agriculture to accelerate economic growth, aiming for 8% growth in the current financial year. The industry body also suggests GST rationalization and tax...

Hotel Industry Seeks Infrastructure Status: HAI

June 13, 2024 16:37

The Hotel Association of India (HAI) urges the tourism ministry to grant infrastructure status to the hospitality sector, enabling lower interest rates and promoting tourism growth.

E-commerce, BFSI & Hospitality Drive Job Market in 2024

May 30, 2024 16:43

E-commerce, BFSI, and hospitality sectors are leading job growth in 2024, with BFSI seeing the highest increase in demand. Apna platform data reveals trends.

TFCI Appoints Anoop Bali as Managing Director

May 23, 2024 19:09

Tourism Finance Corporation of India (TFCI) appoints Anoop Bali as its Managing Director, adding to his role as CFO. Bali brings over 34 years of experience in finance and business development.

IHCL Opens Skill Training Center in J&K | Hospitality Jobs

May 22, 2024 17:40

IHCL partners with Reacha, Tata STRIVE and the Indian Army to open a skill training centre in Baramulla, J&K, providing youth with job-oriented training in hospitality.

Hotel Industry Revenue Soars 11% in Q1 2024: JLL Report

May 22, 2024 15:05

India's hotel industry witnessed strong demand in Q1 2024, driven by corporate travel, weddings, and MICE events, leading to an 11% rise in RevPAR. JLL reports strong occupancy levels in major...

Sanjiv Puri Takes Charge as CII President 2024-25

May 19, 2024 12:10

Sanjiv Puri, ITC Chairman & Managing Director, has assumed the presidency of the Confederation of Indian Industry (CII) for 2024-25. Read more about his appointment and other CII leadership changes.

Hospitality Sector Seeks Industry Status, Infrastructure for Growth

May 5, 2024 10:20

The hospitality sector in India seeks industry status at state level and infrastructure status from the Centre to attract investments and support the development of new tourism destinations. The...

ITC Expands Overseas: New Hotels in Middle East & Sri Lanka

April 25, 2024 15:19

ITC Hotels, part of India's diversified ITC, plans to open more hotels overseas, targeting neighboring countries and the Middle East. Learn about their expansion plans and the new ITC Ratnadipa in...

Sri Lanka Seeks Deeper Economic Ties with India

April 25, 2024 12:29

Sri Lankan President Wickremesinghe highlights plans to accelerate economic cooperation with India, emphasizing tourism and IT sectors. India's rising economic power and Sri Lanka's strategic...

Crowne Plaza Hotel Opening in Dehradun, India

April 18, 2024 18:29

IHG Hotels & Resorts partners with IVY Hotels & Resorts to bring a 110-key Crowne Plaza hotel to Dehradun, Uttarakhand, India. The hotel is set to open in April 2028.

Hospitality Industry Invests in Employee Certifications: ISH

April 18, 2024 18:03

Hospitality organizations are investing in employee development through industry certifications and diversity training, creating opportunities for career advancement and inclusivity. Learn more...

IHCL Partners with Merlin for Ibiza Resort Rebrand

April 4, 2024 18:41

Indian Hotels Company Ltd (IHCL) partners with Merlin Group to rebrand the Ibiza resort in West Bengal, featuring upgrades and a new brand launch in October 2025.

Airbnb: Indian Women Hosts Earn Over Rs 200 Crore in 2023

March 5, 2024 19:34

Airbnb reports Indian women hosts earned over Rs 200 crore in 2023, highlighting their impact on local economies. Goa, Bengaluru, Delhi, Pune, Dehradun, and Jaipur were popular destinations for...

Brigade Group Expands in Chennai: Residential & Resort Projects

February 21, 2024 20:03

Brigade Group announces aggressive expansion in Chennai, including a 2.5 million sq ft residential project and a 250-room resort on ECR. Chennai to become second biggest market after Bengaluru.

Brigade Enterprises Builds Rs 2,000 cr Housing Project in Chennai

February 21, 2024 17:51

Brigade Enterprises partners with PVP Ventures to develop a 2.5 million sq ft residential project in Chennai with a revenue potential of Rs 2,000 crore.

Tourism & Hospitality: 50 Million Jobs in 5-7 Years | HAI

February 12, 2024 17:35

India's hospitality and tourism sector aims to create 50 million jobs in the next 5-7 years, but needs government support for industry and infrastructure status to reach full potential.

Hospitality Sector Revenue Soared 15.8% in Dec Quarter: Report

February 9, 2024 22:08

India's hospitality sector saw a strong 15.8% rise in RevPAR during the December quarter, driven by ADR growth and robust domestic demand. Read more about the key trends and factors influencing the...

D B Realty Demerges Hospitality Business: Value Unlock & Listing

February 9, 2024 15:36

D B Realty's board has approved a plan to demerge its hospitality business, including Goan Hotels & Realty, BD and P Hotels, and Bamboo Hotel. The move aims to unlock value for shareholders...

White-Collar Hiring Down in January: Report

February 6, 2024 20:45

Hiring of white-collar workers fell 11% year-on-year in January, while healthcare, hospitality and FMCG witnessed job growth, according to Naukri JobSpeak Index.

India Budget Boosts Tourism: Focus on Domestic Travel & Infra

February 1, 2024 20:37

India's Interim Budget 2024-25 prioritizes domestic tourism, infrastructure development, and port connectivity, aiming to boost employment and GDP.

Interim Budget 2024-25: Industry Welcomes People-Centric Focus

February 1, 2024 14:34

Industry leaders hail India's interim budget 2024-25, praising its focus on inclusive development, infrastructure, and healthcare, while calling for more support for the pharmaceutical sector.

Budget FY25: Hoteliers Seek Tax Relief, Funding Boost

January 31, 2024 13:47

Hoteliers urge for a lenient tax structure and increased budget allocation in Union Budget 2024-25 to support tourism growth and industry recovery. They highlight the need for streamlined processes...

HRAWI & Ingram Micro: Tech Advancements for Hospitality

January 16, 2024 19:58

HRAWI partners with Ingram Micro to empower hospitality members with cutting-edge technology, business practices, and digital transformation solutions.

IBS Software Acquires Above Property Services for Rs 747 Cr

January 16, 2024 19:27

IBS Software, a leading travel technology provider, has acquired Above Property Services for Rs 747 crore, expanding its presence in the hospitality market. The acquisition will strengthen IBS...

Ayodhya Hospitality Boom: Investors Line Up for Ram Temple Tourism

January 14, 2024 18:55

Ayodhya's hospitality sector is booming with investors lining up to capitalize on the religious tourism potential of the upcoming Ram Temple. Major hotel chains are establishing branches, and over...

White Collar Hiring Dips 16% in India: Report

January 9, 2024 16:18

Indian white-collar hiring declined 16% in December, led by IT sector downturn. Naukri.com report highlights cautious recruitment in key industries.

Maldives Travel Enquiries Halt Amid India Row - IATO

January 8, 2024 18:51

India-Maldives diplomatic row impacts tourism, with no new enquiries for Maldives travel from Indian tourists. IATO reports potential travel boycott, while travel agents see cancellations.

Goyal: Govt to Expand ECGC Cover for Gems & Jewellery

January 4, 2024 18:36

India's Commerce Minister Piyush Goyal announced plans to expand ECGC cover for gem & jewellery exporters, aiming to boost the sector and position India as a global leader. The government is also...

GIFT City Allows Liquor: A Progressive Move for Gujarat

December 23, 2023 19:26

Gujarat government's decision to allow liquor in GIFT City hailed as progressive by industry leaders, who believe it will attract major companies and skilled workforce.

Hospitality Sector Sees Huge Growth in 2024: Indian Market Opportunities

December 21, 2023 11:11

India's hospitality sector is poised for continued growth in 2024, fueled by domestic travel, global events, and untapped markets. Experts predict a surge in occupancy and room rates, with a focus...

Pahalgam Adopts SGLR for Sustainable Tourism

December 12, 2023 17:04

Pahalgam becomes the first tourist spot in India to adopt the Swachhta Green Leaf Rating (SGLR) system for promoting sustainable tourism practices, setting an example for responsible tourism...

Hospitality Hiring to Accelerate in India: USD 1 Trillion GDP Target by 2047

December 9, 2023 10:25

India's hospitality industry is poised for accelerated hiring after robust growth in 2023, driven by domestic travel. Experts predict a 25% rise in workforce needs, with travel, aviation, and...

Ramee Group Expands to Tamil Nadu with New Hotel Management Agreement

December 8, 2023 17:34

Ramee Group enters Tamil Nadu's hospitality market by managing a new property in Coimbatore, offering 45 rooms, dining, spa, and event spaces.

FCI to be Upgraded to IHM in Jammu: Bhagat

December 7, 2023 22:09

The Food Craft Institute (FCI) in Jammu is set to become the Institute of Hotel Management (IHM) to meet the region's growing demand for skilled hospitality professionals.

Gujarat to Host MICE Tourism Convention | Vibrant Gujarat 2024

December 5, 2023 19:55

Gujarat government will host a three-day MICE tourism convention in December to promote the state as a leading destination. The event will showcase infrastructure and attract global participants.

Fractional Property Ownership Boosted by Sebi Regulation: Experts

November 27, 2023 15:54

Sebi's new regulation for SM REITs will boost fractional ownership of real estate as an investment avenue, according to experts. Learn how this impacts investors and the market.

Uttarakhand Signs Rs 94,000 Cr MoUs Ahead of Investor Summit

November 2, 2023 19:30

Uttarakhand has signed MoUs worth Rs 94,000 crore with various industrial houses ahead of the Global Investors Summit in Dehradun. The summit will focus on health, education, pharma, agriculture,...

Company Name
Price
Volume

GTL Infrastructure
2.24 (+ 1.36)
21897622

Vodafone Idea L
9.48 (+ 3.38)
21339581

Suzlon Energy Ltd.
72.20 (+ 1.72)
11154457

Jaiprakash Power Ven
18.54 (+ 0.38)
9557142

Spicejet Ltd.
60.73 (+ 5.51)
9142294

Sensex, Nifty Flat After Firm Opening: Stock...

Indian stock markets opened strong on Tuesday, led by Sensex and Nifty gains, but...

Rupee Rises 6 Paise to 83.94 vs US Dollar - News

The Indian rupee gained 6 paise to 83.94 against the US dollar in early trade on...

Augustinus Bader Skincare & Haircare Launches...

Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...

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