In the ever-evolving realm of the food sector within hospitality, the relentless pursuit of innovation and adaptation serves as the cornerstone for staying ahead of the curve. As this sector navigates through an array of unprecedented challenges and embraces the advancements of technology, the integration of artificial intelligence (AI) emerges as a...
Hotel Leela Venture Limited (HLV) has challenged ITC's claims of shareholder oppression against it in a fresh twist to a five-year-old legal tussle at the centre of which is the 2019 sale of key Leela properties to Canada's investment giant Brookfield for INR 4,250 crore, according to sources aware of the developments.ITC is opposing that sale...
Multinational conglomerate CG Group has plans of taking its hospitality company CG Hospitality Global and The Fern brand public over time, said Rahul Chaudhary, MD, CG Hospitality Global and CG Corp, in an interview with ET.“We are looking at expanding The Fern brand. One route to expansion is by making investments through the company's earnings in...
Z3Partners invests INR 70 crore into Wow! Momo as an extension to its latest round of fundraise.Wow! Momo, a chain of quick-service restaurants (QSR), has successfully raised further capital from Z3Partners in its latest funding round. This investment, which marks a continuation of the last round, is a primary investment by Z3Partners, India’s tenured...
NOHO unveils its flagship, interactive pan-Asian restaurant in Hyderabad.NOHO - an interactive pan-Asian restaurant has launched in Hyderabad. Drawing inspiration from the vibrant silk-route, Noho features the fusion of time-venerated recipes and modern flair, offering a variety of Asian delicacies crafted to impress its guests.From the aromatic sizzle...
A file photo of celebrity bartender and restaurateur Yangdup Lama who announced the launch of his Himalayan-themed bar in Delhi NCR in mid 2024. One of India’s most celebrated bar specialists and mixologists and founder of acclaimed bars like Sidecar and Cocktails & Dreams Speakeasy, Yangdup Lama will be opening his third cocktail bar in Delhi NCR...
In the dynamic landscape of India's economy, certain industries make substantial impacts on our daily lives, yet they often go unnoticed. Among these, the car rental industry stands out, especially considering India's burgeoning tourism sector. Traditionally perceived as a utility service, the car rental industry is gaining recognition for its pivotal...
Kunal Vasudeva, co-founder & MD of Indian School of Hospitality.In a major initiative to bring hospitality students and the burgeoning Indian alco-beverage industry closer and create a win-win for both, ISH has recently announced the setting up of a dedicated centre of excellence for alco-beverages. The Centre for Beverages Innovation (CBI), as it...
Restaurateur Anil Goswami felt the vast Indian market would be great to enter if he found the right partner. Singaporean restaurateur Anil Goswami’s journey from DJ to brand creator and multiple outlet owner began with a chance night out in Prague where he was performing.“I stumbled upon a concept that served good food and inexpensive liquor. I fell...
The restaurant sector in India has made rapid strides in recent years. The food service industry is estimated at $34bn in 2024 and according to a recent report, will continue to grow at an impressive CAGR of over 10% until 2029.Though the rising demand for eating out as well as takeaways bodes well for the foodservice industry players, the complexities...
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by Vijaylakshmi