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Hospitality

Tourism & hospitality sector poised to add 61 lakh new jobs in India by 2034: Report

Tourism & hospitality sector poised to add 61 lakh new jobs in India by 2034: Report

Wed, Dec 18, 2024

The whitepaper released by the Confederation of Indian Industry (CII) and EY at the 18th Annual CII Tourism Summit, showed that despite setbacks from the Covid-19 pandemic, the sector is witnessing a strong resurgence, fuelled by domestic tourism.

Jefferies Bullish on Indian Hotels

Jefferies Bullish on Indian Hotels

Tue, Nov 19, 2024

Jefferies has set a target price of Rs 785 for Indian Hotels, expressing a positive outlook on the company’s performance. In this video, we discuss the reasons behind Jefferies' bullish stance, the potential growth of Indian Hotels, and the factors influencing its stock price.

Whiteland Corp partners with Marriott for management; to invest Rs 5,600 crore on housing project

Whiteland Corp partners with Marriott for management; to invest Rs 5,600 crore on housing project

Thu, Jul 04, 2024

Gurugram will now have 'Westin Residences' after Whiteland Corporation has signed an agreement with Marriott International.

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India to witness over 6% employment growth across key industries in April-September

India to witness over 6% employment growth across key industries in April-September

Thu, Jun 27, 2024

India is poised to experience over 6% employment growth in key sectors such as healthcare, automotive, and manufacturing during April-September 2024, driven by strong investment demand and easing inflation.

Radisson Hotel Group signs ten new properties in India

Radisson Hotel Group signs ten new properties in India

Wed, Jun 26, 2024

The group also entered five new markets and will open internationally branded hotels in Jawai (Rajasthan), Sagar (Madhya Pradesh), Yavatmal (Maharashtra), Ooty (Tamil Nadu) and Calicut (Kerala), it said in a statement.

Travelling to become dearer this summer; your flight, hotel stay and food prices to go up by 50%

Travelling to become dearer this summer; your flight, hotel stay and food prices to go up by 50%

Mon, Feb 20, 2023

Travelling will become dearer this summer and you may have to shell out more money on flight tickets, hotel stays and food. Zee Business has learn that through travel agents that tourists may have to pay up to 50 per cent more money for their trips.

Cabinet enhances ECLGS by Rs 50,000 cr; earmarks additional amount for hospitality, related sectors

Cabinet enhances ECLGS by Rs 50,000 cr; earmarks additional amount for hospitality, related sectors

Wed, Aug 17, 2022

Union Cabinet chaired by the Prime Minister Narendra Modi has approved the enhancement in the limit of Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore from Rs. 4.5 lakh cr to Rs 5 lakh cr

Will fake reviews be a thing of past? FHRAI's proposed framework to reveal identity of reviewer

Will fake reviews be a thing of past? FHRAI's proposed framework to reveal identity of reviewer

Thu, Jul 28, 2022

In a letter written to the Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution Piyush Goyal, the hospitality industry body also called for treating goods and services separately under the planned regulation to curb fake and deceptive online reviews

Corporate Radar: Royal Orchid Hotels, CFO, Amit Jaiswal In Conversation With Zee Business

Corporate Radar: Royal Orchid Hotels, CFO, Amit Jaiswal In Conversation With Zee Business

Thu, Jun 09, 2022

Demand increased due to revenge tourism. Next 2 years will be very good for the hospitality sector. There will be 80% occupancy for the whole year, there will be another 20% increase from October: Amit Jaiswal, CFO, Royal Orchid Hotels

Property Plus: How Does RevPAR Increase in Hospitality will affect the sector?

Property Plus: How Does RevPAR Increase in Hospitality will affect the sector?

Sat, May 28, 2022

RevPAR means revenue per available room. Due to IPL hotels were full in Mumbai. What Does RevPAR Increase Mean in Hospitality? Know the answers to your questions with Deepak Yadav in Property Plus.

Band Baaja for domestic hotels! Baraatis make beeline, hotel occupancy crosses 60% across India

Band Baaja for domestic hotels! Baraatis make beeline, hotel occupancy crosses 60% across India

Tue, Dec 07, 2021

Amid the ongoing marriage season, at least 25 lakh marriages are expected to take place between 15th November and 15th December. How is that impacting the hotel business? Zee Business Senior Research Analyst Varun Dubey has this exclusive report

EaseMyTrip acquires hospitality management firm Spree Hospitality

EaseMyTrip acquires hospitality management firm Spree Hospitality

Thu, Nov 18, 2021

This acquisition will help EaseMyTrip to add a new revenue vertical for the company and enable it to scale up its hotel and holiday portfolios. This would also enable the online travel platform to offer exclusive deals and offer on Spree Hospitality to its customers while doing bookings, EaseMyTrip added

Loan restructuring make or break factor for hospitality industry: FHRAI

Loan restructuring make or break factor for hospitality industry: FHRAI

Tue, Nov 24, 2020

Loan restructuring is a make or break factor for the hospitality sector which is looking at 25 per cent of businesses permanently shutting down before the end of this fiscal, industry body FHRAI said on Monday

What will be the future of travel? Booking.com research reveals interesting details about Indian travellers

What will be the future of travel? Booking.com research reveals interesting details about Indian travellers

Wed, Oct 28, 2020

The global pandemic put an immediate halt on travel, and while restrictions have started to ease in many parts of the world, the financial legacy of COVID-19 will linger for much longer.

We have created a separate vertical under the brand, ‘Specialty Cuisine’: Anjan Chatterjee, CMD, Speciality Restaurants Limited

Thu, Oct 08, 2020

Anjan Chatterjee Chairman and Managing Director, Speciality Restaurants Limited, talks about the demand and response from the public, strategies that will be adopted to increase footfalls and cloud kitchens among others during a candid chat with Zee Business Executive Editor Swati Khandelwal

Hospitality industry needs government’s support; its closure will leave 3.50 crore people jobless: Dr. Vithal Kamat, CMD, Kamat Hotels

Hospitality industry needs government’s support; its closure will leave 3.50 crore people jobless: Dr. Vithal Kamat, CMD, Kamat Hotels

Wed, Sep 16, 2020

Dr Vithal V. Kamat, Chairman and Managing Director, Kamat Hotels (India) Ltd., talks about the impact of the Corona Pandemic on the hotel industry, revenue forecasts growth expectations and why the government should come forward to help Indian hotel and hospitality industry among others during a candid chat with Mansee Dave, Zee Business.

Hotel, tourism sector returning back to normal

Hotel, tourism sector returning back to normal

Thu, Sep 03, 2020

The government has allowed to organise social, academic, sports, entertainment, cultural, religious and political events from September 21 under the process of Unlock 4, however, the number of people gathering should not exceed 100.

EXCLUSIVE: FM may make major announcements for hospitality and tourism industry today

EXCLUSIVE: FM may make major announcements for hospitality and tourism industry today

Fri, May 15, 2020

Finance Minister Nirmala Sitharman is set to make several major announcements for the hospitality industry during her third press conference on Friday evening, Zee Business TV has learnt.

Passengers to experience flight-like hospitality by air hostesses in Vande Bharat Express

Passengers to experience flight-like hospitality by air hostesses in Vande Bharat Express

Mon, Aug 05, 2019

With an aim to provide flight-like hospitality to passengers onboard, Indian Railways has implemented a pilot project where they have deployed air hostesses and flight stewards in India’s supreme train, Vande Bharat Express. The Indian Railway Catering and Tourism Corporation (IRCTC) have been given the responsibility to supervise the trail project. The service has already been started in Vande Bharat Express. In a big step aimed at enhancing passengers' convenience, the IRCTC has brought 34 trained air hostesses and flight steward on Vande Bharat Express for the duration of six months for a trail service. If turned out to be successful, such service is likely to be implemented in other trains as well. IRCTC is paying Rs 25,000 per month to these air hostesses and flight stewards for better services. In February this year, Prime Minister Narendra Modi had flagged off the train's maiden run from New Delhi to Varanasi. The train is designed and developed by a Chennai-based Railways Production unit, Integral Coach Factory in just 18 months which also includes the in-house design and manufacture, computer modeling and working etc.

Mahindra Holidays & Resorts Q4 PAT at Rs 14.42 cr

Mahindra Holidays & Resorts Q4 PAT at Rs 14.42 cr

Wed, May 15, 2019

Mahindra Holidays & Resorts India Ltd (MHRIL) Wednesday reported standalone profit after tax (PAT) at Rs 14.42 crore in the fourth quarter ended March 31, 2019.

Yellow Tie Hospitality plans USD 30 mn investment to open over 300 outlets of its brands

Yellow Tie Hospitality plans USD 30 mn investment to open over 300 outlets of its brands

Sun, Dec 16, 2018

"Yellow Tie Hospitality will be investing up to USD 5 million," Yellow Tie Hospitality Founder and CEO Karan Tanna told PTI.

How Indian millennials are changing dynamics of workplace

How Indian millennials are changing dynamics of workplace

Sun, Jun 04, 2017

With millennials slowly taking over and likely to soon dominate the leadership roles, organisations are rapidly changing their working environment to suit the younger generation, according to industry experts.

Government issues new guidelines on Service Charge in Hotels, but doubts still remain

Government issues new guidelines on Service Charge in Hotels, but doubts still remain

Tue, Apr 25, 2017

The Central Government has issued new guidelines on ‘Service Charges’ in hotels. While the guidelines make mandatory collection of service charge an unfair trade practice, the success of this move is still doubtful.

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