Proposes revenue-sharing model for deliveries, limited-hour dine-ins; wants guaranteed rent clause upon lifting of lockdowns to go
Focus of home delivery menus is on foods that provide nutrition and improve mood without pinching customers' pockets
Leisure destination travel is likely to be the future as large chains bear brunt of restrictions
The pandemic put a brake on discretionary travel and occupancy, according to a report.
Tightening of travel restrictions and introduction of RT-PCR tests by more states had led to a near flat air traffic growth in Feb and demand will be dented further due to new curbs in Maharashtra.
The hospitality sector, which was gradually picking up after the lockdown, is one among many that is feeling the heat
The Chairman in Hong Kong was named the No 1 restaurant in the region by World's 50 Best Restaurants, which is owned by William Reed Business Media Ltd
India's GDP growth to be at 11 per cent in fiscal 2022, says report predicting two-phase economic recovery
Zostel could get upwards of $600 million if arbitration goes through
Taj brand aims at larger presence in the east, Neotia says being persuaded to look at North East too
Their fates are contrasting - hoteliers say they are struggling to get bookings, while homestay owners are witnessing record bookings and profits
WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers
Though growth began accelerating in December, headline figure remained below its long-run average of 53.3 and was consistent with a moderate pace of growth
Jubilant Foodworks Ltd operates fastfood chains Domino's Pizza and Dunkin' Donuts in India
Late parties off the menu, hotels and restaurants offer staycations
French hospitality major Accor that operates hotels under Pullman and Novotel brands in India, is offering flat discounts on bookings
This is in line with the company's efforts to drive technology-enabled synergies and realign of some business functions to other verticals, leading to some redundancies across a few functions
Recovery still far away; blended average occupancy up 28-30% in current quarter from 18-25% in three months to September
Hospitality industry body FHRAI urged the government to provide soft loans to the hotel and restaurant sector as businesses are finding it difficult to sustain themselves amid the COVID-19 pandemic.
Agarwal told Thakur that the state is among the strongest performing markets for OYO and the company is committed to doubling economic opportunities and presence in the state shortly