Page 6 - Hospitality

Covid-hit contact-intensive businesses see life support in RBI's measures

However, the businesses also believe that more is required to revive the pandemic-hit sectors

Coffee Day Enterprises net loss narrows to Rs 97.11 cr in Dec quarter

The company had posted a net loss of Rs 184.94 crore in the October-December period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing

Thomas Cook India, SOTC collaborate with WelcomHeritage Hotels

Travel services firm Thomas Cook India on Monday said it along with its arm SOTC has collaborated with WelcomHeritage Hotels to introduce holiday experiences across India. The portfolio features a blend of palaces, forts, havelis and wellness and wildlife resorts. The heritage stays are spread across 40 locales from Srinagar, Gangtok, Dharamshala, Corbett, Nainital, Palampur, Amritsar, Jaisalmer, Jodhpur, Ranthambore to Pench,Chandrapur, Ooty, Coorg, among others, Thomas Cook India said in a filing to the BSE. "Limited reopening of borders has put the spotlight firmly on Destination India and we are delighted to partner with the WelcomHeritage Hotels to catalyse domestic tourism,"Thomas Cook (India) President & Country Head Holidays, MICE, VisaRajeev Kale said. In a similar vein, SOTC Travel, Leisure, President & Country Head Daniel D'souza said, "We are delighted to have associated with WelcomHeritage Hotels to feature the finest traditions of heritage and hospitality in ...

Govt prepares road map, identifies 8 sectors to ease compliance burden

Single-window clearance by mid-April

Qila Mubarak: Patiala fort to restore lost glory with hospitality

The Park Hotels gets contract to run part of Qila Mubarak as boutique hotel

Softbank partners Oyo in Latam; to control 1,000 hotels in Brazil, Mexico

The move comes as Oyo, valued at $10 billion in its most recent fundraising round, has been forced to cut costs and rein in its expansionist strategy in global markets

Yatra.com partners with Amazon Business to cater to hospitality partners

Hospitality partners can leverage the Amazon Business marketplace as a one-stop destination to access a wide range of products

Covid-19 crisis: $30-billion deal renewal headache for IT companies

Outsourcing deals are either going to be renewed at a lower price or they will be delayed, say experts.

Letter to BS: Hospitality sector needs primary and generous succour.

The hotel and tourism industry has static assets to maintain as opposed to travel that has assets highly vulnerable to prolonged disuse

Exports likely to improve in May, contraction expected to be 30-35%: Goyal

Addressing the Digital Summit on Exports organised by the Confederation of Indian Industry (CII), Goyal said he expects the fall in exports to narrow to 8-10 per cent in June.

Banks bat for package for beleaguered aviation, hospitality, realty sectors

Public sector bank executives said these three sectors have been hit badly in the immediate aftermath of lockdown announced in March 2020

Hotels see room for growth as occupancy, rates move up

Hotels attribute this to rising corporate and leisure travel, and growth in foreign tourist arrivals