Articles tagged “india”

Reliance’s venture into hospitality is timely, especially at a time when hotel demand is set to outstrip supply over the next few years.

The anticipation of the Cricket World Cup has sparked a surge in travel demand in India. By raising rates and expanding inventory, companies look to cash in on the cricket frenzy.

Marriott is poised to gain a significant early advantage in a nation where credit card payments enjoy widespread popularity. This strategic move is set to provide added momentum to the hotel chain's ambitious target of expanding to 250 hotels by 2025.

After a remarkable year of growth, performance, service, and network expansion, Akasa Air gears up to herald the next chapter of growth with its latest clearance for international routes.

RateGain’s got almost everyone in the industry in its pocket, with 25 of the top 30 OTAs and 23 of the top 30 hotel chains in the world as its customers. It's no surprise that revenues have been growing at a fast clip.

With the insolvency proceedings turning out to be a long-drawn-out process, cash-strapped Go First is as good as a shut shop.

The vision for the hospitality sector goes much beyond just branded hotels — to include tier-2 and 3 cities which will be crucial for tourism growth. Plus, other highlights from last week's news in hotel deals and development across the country.

Investing in the country's alternative accommodations is a timely bet, especially with the pandemic speeding up the adoption of this segment.

Given Rakesh Gangwal’s previous comments on selling his entire holding in InterGlobe over a period of five years, this news comes as no surprise. Of more interest is where will the low-cost airline’s investor turn his attention to next?

Given travelers’ demand for exciting alternatives to the packed streets of tourist hotspots, India’s best kept secrets are now waiting for new stories to tell.