One of the world's oldest and most storied tea estates, Makaibari was established in 1859 and is celebrated for its dramatic Himalayan vistas, lush primary forests, and rare biodiversity
Hotel prices in India's metro cities are likely to remain firm due to limited supply additions, even as higher room availability in tier-2 markets may cap rate growth, YES Securities said.
EIH Ltd, the flagship company of luxury hotel chain The Oberoi Group, on Tuesday reported a consolidated net profit of Rs 36.88 crore for the June quarter. The company had reported a net profit of Rs 96.75 crore in the year-ago period. It's total income from operations stood at Rs 609.06 crore for the April-June quarter, as against Rs 559.91 crore during the corresponding period of the previous year, as per a regulatory filing. The company's total expenses rose to Rs 452.95 crore during the quarter, from Rs 429.68 crore a year ago.
EIH's net profit fell to Rs 33.9 crore in Q1FY26 due to a Rs 110.49 crore exceptional loss on its Mashobra Resort investment, Tirupati project, and Kolkata renovation
Hotel stocks were rising in trade today as expectations that the demand for branded hotel rooms in India may continue to outpace supply growth