HBIZ - Hospitality Biz India: Latest News & Analysis
Dec 20, 2024 · Hospitality Biz India: Latest News & Analysis - culinary Atlantis, The Palm rings in 2025 as international superstar Lionel Richie performs during Dubai’s legendary New year’s gala
OYO Posts INR 114.64 Crore Net Profit in FY24 Despite Revenue …
2 hours ago · OYO Hotels and Homes Pvt Ltd, a major player in the hospitality sector, reported a net profit of INR 114.64 crore for FY24, marking a significant turnaround from the net loss recorded in FY23. This positive result underscores the company’s first profitable year since its inception. However, OYO ...
Hospitality Biz India: Latest News & Analysis
Jaisalmer Marriott Resort & Spa Hosts Prestigious 55th GST Council Meeting with Luxury and Culture. HBI Staff | Mumbai ; January 2, 2025
Indian Hospitality Industry’s RevPAR to hit decadal highs in FY2025 ...
2 days ago · ICRA expects the revenues of the Indian hospitality industry to grow by 7-9% YoY in FY2025 and 6-8% YoY in FY2026, over the high base of FY2024. Further, ICRA estimates pan-India premium hotel occupancy to improve to ~72-74% in FY2026 from ~70-72% in FY2025. The average room rates (ARRs) for premium hotels are projected to rise to Rs. 7,800-8,000 for full-year FY2025 (up 8% YoY) and ...
Hospitality Biz India: Latest News & Analysis
Skyview by Empyrean Eyes Significant Growth in 2025 with Expanded Rooms and New Amenities. Asmita Mukherjee | Hyderabad ; December 30, 2024
India’s Hospitality Sector Eyes Record Growth in 2025: A USD 1 …
As the Indian hospitality sector prepares to welcome 2025, it stands at the cusp of remarkable growth, driven by rising domestic travel and an anticipated resurgence in foreign tourist arrivals. Industry experts predict that international arrivals will …
Hospitality Biz India: Latest News & Analysis
Hospitality Biz India: Latest News & Analysis - Indian Hospitality Industry’s RevPAR to hit decadal highs in FY2025, and improve further in FY2026: ICRA
News Archives - Hospitality Biz India: Latest News & Analysis
Hospitality Biz India: Latest News & Analysis - Sarovar Hotels Expands Punjab Portfolio with Tulip Inn Zirakpur. HBI Staff | Mumbai
India's Hospitality Sector Shifts Focus: HVS ANAROCK Report …
The latest HVS ANAROCK Monitor: November 2024 report reveals a dynamic but challenging landscape for India’s hospitality sector. While October 2024 saw a decline in occupancy rates across most cities, the industry experienced an encouraging boost in Average Room Rates (ARR) and robust growth in hotel signings, pointing to a cautiously optimistic trajectory.
India's Branded Hotels Achieve Record Occupancy and ADR in FY …
Branded hotels across India achieved a room occupancy rate of 67.5%, the highest since FY 2008, and recorded the highest-ever average daily rate (ADR) of INR8,055 in FY 2024, highlighting significant growth in the hospitality sector, according to …