SKFS Group is acquiring Mirah Hospitality & Gourmet for INR 80 crore. Mirah Hospitality, which operates 30 outlets across its brands like Rajdhani, Bayroute and Hitchki, will become a 100 percent subsidiary of SKFS Group.
Swiggy delivers best major listing in 10 years
The stock closed 17 percent above its issue price at INR 455.95 in a weak market, surpassing analysts’ expectations of a tepid debut. The company’s market capitalisation at close on Wednesday was INR 1.02 lakh crore.
We are growing at our own pace, but that may speed up in the future
Ryan and Keenan Tham, founder of Pebble Street Hospitality, speak about their newest opening, the KOKO in Hyderabad and what they felt was happening in the F&B industry.
EIH Ltd Q2 FY25 reports record revenues and profit
Aligned with EIH Ltd.’s ambitious vision, the company has a pipeline of 20 properties to be completed by 2029, comprising 17 hotels, 2 luxury boats, and a Nile Cruiser.
I want to make Indian breads popular across the world: Avin Thaliath
The co- founder and director, Lavonne Hospitality, speaks about authoring books that explores all aspects of breads in India and beyond.
Goa: Surge in tourism, even as room oversupply looms
Despite the encouraging numbers, TTAG and other stakeholders said that long term concerns about the industry’s future remain. The correction in hotel room prices was attributed to a huge supply of hotel rooms across categories.