Addressing the Townhall 10.0 on January 22, 2025, NRAI president, Sagar Daryani said they had fruitful meetings with ONDC top brass and a breakthrough announcement which will provide a viable third alternative to the industry to enable it to take the dominant e-commerce players—Swiggy and Zomato—head on, is expected soon.
A man of many seasons
Biswajit Chakraborty, the newly appointed general manager of the Four Seasons Bengaluru speaks about working in his hometown and the potential of his new property.
I want to expand Della brand through DM and JV models: Jimmy Mistry
The founder of Della Group, who pioneered the concept of truly luxury experiential hospitality in the country by setting up Della Resorts by combining design, gastronomy, adventure and entertainment at Lonavala way back in 2009 is seriously looking at taking the Della brand footprint to the next level.
Shining bright and looking to expand further
Rajan Sethi, co-founder and managing director of Bright Hospitality speaks about rebuilding his company to greater heights.
Travel and hospitality businesses expected to do INR 2800 crore business during Maha Kumbh
The UP government expects its GSDP to grow by 1 percent this year with the Maha Kumbh turning out to be the largest religious gathering in the world.
Nautical themed with a pronounced focus on rums
Co-founders of Outrigger in Dona Paula, Goa, Arijit Bose and Francis Coelho on their unique rum focussed outlet and having to deal with tragedy soon after opening.
Rush for Maha Kumbh Mela leads to surge in tourist footfall in Ayodhya
The ongoing Mahakumbh Mela in Prayagraj is boosting tourism in Ayodhya, with a significant rise in searches and hotel bookings since October. Despite reduced flights, domestic travel to Ayodhya remains strong, with major hotel chains eyeing the market. Ayodhya’s status as a pilgrimage destination is expected to sustain growth through 2025.
With no revival plan in place, NCLT orders liquidation of Tulip Hotels
The NCLT has ordered the liquidation of Tulip Hotels after failing to receive a viable resolution plan. The order follows Tulip Hotels’ inability to address a default of INR 900 crore. The liquidation will attempt to sell the company as a going concern, with Krishna Gopal Ratanlal Maheshwari appointed as the liquidator.
IHCL sets new growth benchmark with Q3 results
The hospitality giant recorded 29 percent revenue growth and 32 percent EBITDA growth with margin of 39.4 percent and an epansion of 80 BPS, according to a company release.
ITC Hotels eyes overseas expansion post-demerger
ITC plans to expand its hotel business internationally, starting with neighboring countries and West Asia. The newly demerged ITC Hotels Ltd will be listed on bourses soon. ITC aims to grow its portfolio from 140 to over 200 hotels, focusing on an asset-light growth model.