Real Estate

Festive Weekend Revives Shimla’s Tourism Sector with 45% Hotel Occupancy

Festive Weekend Revives Shimla’s Tourism Sector with 45% Hotel Occupancy

Shimla’s tourism sector received a much-needed boost over the festive weekend, as tourists flocked to the popular hill station for a holiday escape. The influx of visitors saw hotel occupancy rates soar to around 40-45%, a significant increase from the typical 10-15%. Tourists enjoyed the scenic Ridge and The Mall, Shimla’s famed spots, creating a lively atmosphere. The tourist rush...

PhD student at EHL: A pioneering academic career

PhD student at EHL: A pioneering academic career

Welcome to the regular Q&A feature where we shine the spotlight on our EHL research faculty and their current work. With a view to going behind the scenes to better understand the fascinating, impactful world of research, the EHL Institutional Visibility team regularly catch up with an EHL researcher whose work is making a difference in both the classroom and industry. Lionel Saul’s unique...

Juniper Hotels Announces 220-Room Luxury Acquisition Near Bengaluru Airport

Juniper Hotels Announces 220-Room Luxury Acquisition Near Bengaluru Airport

Juniper Hotels acquires a 220-room luxury property near Bengaluru Airport, expanding its upscale footprint and enhancing guest experiences in a high-growth market. Juniper Hotels Limited has finalized the acquisition of a 220-room upscale hotel property in Bengaluru, spanning 6.5 acres of prime freehold land with a built-up area of 41,200 square meters. Strategically positioned near...

How Music, Sport, and Film Shape Destinations

How Music, Sport, and Film Shape Destinations

From Taylor Swift’s record-breaking concert tours to Mega-Sports events and the surge of screen tourism inspired by hit shows like HBO’s The White Lotus, these phenomena are transforming travel patterns worldwide. The allure of mega-events and on-screen destinations can generate substantial short-term economic boosts, yet they also bring challenges. Dr. Isabella Blengini, Associate Professor of...

ITC Consolidates Stake in Oberoi and Leela Brands Amidst Hotel Business Demerger

ITC Consolidates Stake in Oberoi and Leela Brands Amidst Hotel Business Demerger

ITC Ltd., currently undergoing the demerger of its hotel business, announced on Thursday that its board has approved consolidating its shareholding in two key rival hospitality brands, Oberoi and Leela. ITC will acquire shares held by its wholly-owned subsidiary, Russell Credit Ltd (RCL), to strengthen its investments in these chains. In a regulatory filing, ITC revealed plans to acquire...

BWH Hotels Partners with Mews as it Grows its Global Footprint

BWH Hotels Partners with Mews as it Grows its Global Footprint

 – Mews, the industry-leading hospitality cloud, has entered into an agreement with BWHSM Hotels (BWH) to be a certified PMS provider. With Mews, BWH Hotels gains access to one of the most innovative hospitality technologies that boosts operational efficiencies and guest satisfaction.  “The collaboration with Mews aligns with BWH’s dedication to delivering exceptional guest experiences....

Is the connected trip the next big thing?

Is the connected trip the next big thing?

Is the connected trip the next big thing? — Photo by Created by HN with DALL·E Recently, in their Q3 2024 financial results, Booking.com reported that the connected trip transactions (a trip that includes booking more than one travel vertical) increased by over 40% year over year in the third quarter and represented a high single digit percentage of the company’s total transactions. Booking has...

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