Apeejay Surrendra Park Hotels Limited (ASPHL) announced financial results for the quarter ending June 30, 2024. In Q1FY25, the company’s revenue stood at INR 138 crore, up by 6 percent and an increase of 4 percent YoY in EBIDTA to INR 42 crore. The company registered a strong occupancy at 94 percent, says...
The Department of Tourism, Goa, is delighted to announce the successful signing of the Taj Aguada Plateau Supplemental Lease Deed, a key milestone in enhancing our region’s tourism infrastructure. The ceremony was held on 13th august at Mantralaya, Porvorim, Goa in the auspicious presence of Hon’ble Chief Minister, Dr. Pramod Sawant, Tourism Minister, Shri. Rohan A. Khaunte, and...
Every year, IDeaS gathers some of the brightest minds in hospitality revenue management for our annual Converge Hospitality Revenue Summit. This can’t-miss event empowers our valued clients to achieve unprecedented growth through exclusive access to the latest trends, strategies, and technological innovations emerging across the rapidly evolving hospitality industry. This year, the event will...
– Mews, the industry-leading hospitality cloud, and Duetto, a leading provider of revenue management software for the hospitality industry, have now exceeded 600 joint hotel customers, driving revenue growth for hoteliers globally. The seamless, real-time integration between Mews and Duetto enables customers to dynamically price room rates based on demand, occupancy levels, competitor rates,...
NORTH BETHESDA, Md. – Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, has installed three beehives at Choice Hotel's corporate headquarters at the Pike & Rose development in North Bethesda in collaboration with Bee Downtown to promote sustainability and local biodiversity with its. Pollinating a 3-mile radius from their hives, the estimated 150,000...
Images by Cloudbeds Cloudbeds, the innovative leader in hospitality management technology, today announced the strategic hiring of AI visionaries Amit Popat, Head of Machine Learning, and Nikhil Shah, Head of Data Science. This move marks a significant investment in artificial intelligence by Cloudbeds, aimed at developing unparalleled applications for the hotel industry and ushering in a new era...
The Virat Kohli-owned one8 Commune has announced the opening of its tenth outpost in Mohali, a vibrant addition to the heartland of Punjab. Spanning an impressive 7,700 square feet, this dynamic space promises to elevate the local dining scene, featuring both indoor and outdoor spaces.The new establishment...
Lemon Tree Hotels announced its latest signing – Keys Select by Lemon Tree Hotels, Varanasi. The property shall be franchised by Lemon Tree Hotels Limitedand is expected to open in FY 2028. Varanasi, also known as Banaras or Kashi, is one of the world’s oldest cities, in Uttar Pradesh, India. As the spiritual capital of India, it sits on the banks of the sacred Ganges River and is...
Did you know that parking represents an average of 37% of non-aeronautical revenues for airports in North America? While most visitors don’t give it a second thought, the revenue generated by parking facilities plays a significant role in ensuring their local airport is adequately funded while minimizing the need for additional taxation and bonding measures.At a time where inflation (and...
In the competitive world of hospitality, a well-defined hotel brand positioning can make all the difference. Ultimately, it serves as a powerful compass, guiding every decision from marketing and design to guest experience. A well-defined brand position not only differentiates your hotel from the competition but also creates a deep and enduring connection with your target audience. By clearly...
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