No short term price correction in airfares or hotels likely: Thomas Cook’s Menon

In conversation with Mint, Menon said that both major carriers, IndiGo and Air India, are focused on…

Accor’s Puneet Dhawan resigns, to join Minor Hotels as Asia head

Puneet Dhawan, Accor Hotels’ senior vice president for India and South Asia operations, has submitted his…

Hotel industry market cap tripled since 2019; Jefferies sees momentum continuing

In a recent note, analysts at Jefferies said that they expect the hotel industry will conclude…

Hotel margins to hold steady amid revenue slowdown in FY25: Icra

Hospitality companies’ gross profit margins are expected to remain stable year-on-year through FY24 and FY25, owing…

OYO to launch 400 properties at spiritual spots; Ayodhya, Puri, Shirdi on list

OYO is planning to launch 400 properties in major spiritual destinations such as Ayodhya, Varanasi, Tirupati,…

RMZ to invest $7 billion in office, new realty asset classes

Bengaluru: RMZ Corp. plans to invest about $7 billion equity, as the Bengaluru-based real estate developer…

Oberoi foresaw trends, left a deep mark on the hotels sector

In a sombre moment for the world of hospitality, we bid farewell to a titan of…

World Cup boosts temp jobs as cos see consumption jump

New Delhi: E-commerce firms, food delivery platforms and the hospitality companies have stepped up hiring of…

Mint Primer: India-Canada standoff: How it’s shaping bilateral ties

From tourism to education, imports of lentils and exports of smartphones, India has had long-standing friendly…

Indian Hotels investors have a good view, but stock valuation is pricey

The Indian Hotels Co. Ltd reported a bumpy start to the fiscal year 2024 (FY24), presenting…