The Indian hospitality sector continued to witness robust growth in the first quarter of this year with growth primarily driven by an 8.5 percent (JLL’s Hotel Momentum India (HMI) Q1 2024) rise in average daily rates (ADR), leading to an 11.4 percent increase in revenue per available room (RevPAR). Over the...
Indian Hotels Company (IHCL) announced the signing of a Taj hotel in Ranchi, Jharkhand. This greenfield project, marking IHCL’s foray into Ranchi, is set to be developed on a six-acre land parcel leased from the State Government of Jharkhand. Commenting on the expansion, Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, stated, “We are delighted to bring the...
The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Air India for a rostering goof up that saw a trainee pilot operate a Mumbai-Riyadh flight with a captain who is not a trainer for the former’s supervised line flying.The trainee pilot was supposed to operate Mumbai-Riyadh...
In 1969, Dani Chand opened a modest liquor shop in Kohima, Nagaland. This humble beginning evolved into Radiant Manufacturers Pvt. Ltd. in 2001, a company now redefining the alcobev industry in the North East with its regional in-house brands such as Lost Treasure Coffee Rum, Castle Hill Dark Knight Small Batch Whiskey, Vinho Porto Wines, and White Magic Tango Gin & Orange. Today,...
Jungle Camps India Limited, an experiential ecological hospitality group, announced its ambitious plans to achieve INR 100 crores in revenue by FY28. In line with its growth strategy, the Delhi-headquartered company has set its sights on an initial public offering (IPO) to fund its expansion plans, which...
Establishment of a new greenfield airport in Bihar has again found impetus with Finance Minister Nirmala Sitharaman announcing in the budget speech that the government will establish airports, medical colleges, and sports infrastructure in Bihar.Currently, there are three operational airports in Bihar- Gaya,...
Under Yuvraj Kohli’s leadership, Moti Mahal Delux restaurant is set to navigate the balance between preserving its five decade long rich heritage and embracing the future. With strategic menu innovations, targeted expansions, diversified revenue streams, and strategic collaborations, the brand is poised for continued success on the global stage. In a conversation with Asmita...
The union budget presented by the finance minister today in the parliament was silent on all important demands of the private industry which has inflicted a huge dent on the spirits of the industry. Although hotel industry stakeholders are cautious in their reactions to the union budget 2024-25 presented by...
Marriott International, Inc. (“Marriott”) today released its 2024 Serve 360 Reporthighlighting the company’s global Environmental, Social, and Governance (“ESG”) efforts and progress towards its 2025 Sustainability and Social Impact Goals. The Report reflects data for the calendar year ended December 31, 2023. This year, the Report features an “Around The World...
Lemon Tree Hotels announced the signing of two new properties — Lemon Tree Hotel, Arpora, Goa and Keys Lite by Lemon Tree Hotels, Pathankot. Both the properties shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the management arm of Lemon Tree Hotels Limited, and are...
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by Vijaylakshmi