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Hospitality Industry

ITC Hotels hits 200-property mark; Q1 net profit up 54% at ₹133 crore

Revenue from operations grows 15 per cent year-on-year to Rs 815.5 crore; hotel chain plans to add over 7,000 keys through 2030 with brownfield asset focus

ITC Hotels hits 200-property mark; Q1 net profit up 54% at ₹133 crore
Updated On : 16 Jul 2025 | 11:28 PM IST

IHCL acquires additional stake in subsidiary ELEL Hotels for ₹165 crore

The acquisition was made at an issue price of ₹5,000 per share, the company said in a BSE filing

IHCL acquires additional stake in subsidiary ELEL Hotels for ₹165 crore
Updated On : 16 Jul 2025 | 5:52 PM IST

Delhi High Court stays ₹1,140 crore angel tax demand against Oyo

The Delhi High Court stays a ₹1,140 crore angel tax demand against OYO's parent company Oravel Stays for the assessment year 2020-21 under Section 56(2)(viib) of the Income Tax Act

Delhi High Court stays ₹1,140 crore angel tax demand against Oyo
Updated On : 11 Jul 2025 | 8:25 PM IST

Ventive, Marriott expand partnership to add 6 new hotels in India by 2030

Ventive Hospitality and Marriott International expand their partnership to develop six hotels in India by 2030, adding more than 1,400 rooms across key cities

Ventive, Marriott expand partnership to add 6 new hotels in India by 2030
Updated On : 08 Jul 2025 | 8:13 PM IST

IPOs mark a new era for India's hospitality industry with scale, ambition

In the past two months, international chains have announced aggressive expansion plans for India. Most plan to open 100-300 hotels in the next five years, said analysts at Elara Capital

IPOs mark a new era for India's hospitality industry with scale, ambition
Updated On : 07 Jul 2025 | 10:22 PM IST

Travel Food Services IPO opens for subscription; GMP up 3%; should you bid?

Travel Food Services IPO: Shares of Travel Food are scheduled to make their D-street debut on Monday, July 14, 2025

Travel Food Services IPO opens for subscription; GMP up 3%; should you bid?
Updated On : 07 Jul 2025 | 8:38 AM IST

Indian hospitality industry protected from AI but needs massive manpower

Hotel chains have partnered with reputed hospitality institutes, participate in campus placement drives but to bridge the talent gap

Indian hospitality industry protected from AI but needs massive manpower
Updated On : 06 Jul 2025 | 11:31 PM IST

IHCL unveils Taj Damdama resort as it eyes double-digit growth in FY26

IHCL unveils its re-imagined Taj Damdama Lake resort and spa in Gurugram, as part of a strategy aimed at achieving double-digit growth in FY26, driven by new openings and sector momentum

IHCL unveils Taj Damdama resort as it eyes double-digit growth in FY26
Updated On : 04 Jul 2025 | 12:40 PM IST

Motilal Oswal sector of the week: Hospitality; check stock picks, targets

Lemon Tree and Indian Hotels are top stocks in the hospitality sector for Motilal Oswal, as they are expected to continue their strength in the current financial year

Motilal Oswal sector of the week: Hospitality; check stock picks, targets
Updated On : 01 Jul 2025 | 7:20 AM IST

Hotel sector grows on surging room rates, shows HVS Anarock data

In May 2025, the country's average rates showed resilience, holding firm despite the seasonal slowdown and the height­ened tensions with Pakistan

Hotel sector grows on surging room rates, shows HVS Anarock data
Updated On : 30 Jun 2025 | 11:34 PM IST

Chalet Hotels may consider own brand in long term: MD & CEO Sanjay Sethi

Sanjay Sethi says that bulk of the company's growth will come from its existing pipeline taking the total keys to over 5,000 on the back of the domestic hospitality boom till 2030

Chalet Hotels may consider own brand in long term: MD & CEO Sanjay Sethi
Updated On : 19 Jun 2025 | 12:07 AM IST

Religious tourism turns key revenue stream for travel, hospitality firms

Religious and spiritual tourism has been the fastest growing segment for us across the portfolio, says Jatin Khanna

Religious tourism turns key revenue stream for travel, hospitality firms
Updated On : 10 Jun 2025 | 12:05 AM IST

Indian hospitality companies see little room for growth in FY26: Icra

Revenue growth may be 6-8% after 3 years of double-digit rise

Indian hospitality companies see little room for growth in FY26: Icra
Updated On : 09 Jun 2025 | 11:02 PM IST

Oyo to expand to 300 cities by FY26, eyes doubling booking revenue

Oyo aims to increase its booking revenue share from company-serviced hotels from 22 to 44 per cent while expanding to over 300 Indian cities by the end of FY26

Oyo to expand to 300 cities by FY26, eyes doubling booking revenue
Updated On : 06 Jun 2025 | 4:10 PM IST

Hospitality giant Hilton to bring the Waldorf Astoria to Delhi's Aerocity

Hilton signs Waldorf Astoria and Hilton Hotels property in Aerocity with DIAL, aiming to boost its India footprint with luxury and flagship brands in the capital

Hospitality giant Hilton to bring the Waldorf Astoria to Delhi's Aerocity
Updated On : 04 Jun 2025 | 7:56 PM IST

Indian hospitality chains chart global routes; target UK, West Asia markets

Hotels planned in UK, Western Asian countries and African continent

Indian hospitality chains chart global routes; target UK, West Asia markets
Updated On : 02 Jun 2025 | 10:28 PM IST

IATO urges govt to set up ₹1,000 cr board to boost foreign tourist inflow

This request follows IATO's repeated concerns over India's slow recovery in FTA numbers compared to 2019 levels

IATO urges govt to set up ₹1,000 cr board to boost foreign tourist inflow
Updated On : 02 Jun 2025 | 1:24 PM IST

Indian hospitality RevPAR up 16.3% in Q1 as sector adds 9,500 keys: JLL

JLL report shows strong investor interest with 79 hotel signings, tier 2 cities leading the growth, and Bengaluru topping RevPAR charts due to Aero India 2025

Indian hospitality RevPAR up 16.3% in Q1 as sector adds 9,500 keys: JLL
Updated On : 30 May 2025 | 5:27 PM IST

Indian outbound travel fuels hospitality sector in APAC locations: Colliers

Asia Pacific hospitality investments remain resilient in Q1 2025; India emerges as key growth market

Indian outbound travel fuels hospitality sector in APAC locations: Colliers
Updated On : 30 May 2025 | 1:38 PM IST