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The number of announced M&A deals decreased from 494 in February 2020 to 457 in March 2020 while at the same time the deal value increased from US$24.1bn to US$28.6bn.
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Pullman & Novotel New Delhi Aerocity donate essentials to the needy and frontline workers
As a part of the most recent initiative, the dual property prepared 150 takeaway food boxes (including Rice, Dal, Matar Paneer & Pickle) and distributed it to police and sanitation workers around police stations and check-posts
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Hyatt announces its global cleanliness program; to appoint hygiene manager across all its properties by Sept 2020
Hyatt will include an accreditation process by the Global Biorisk Advisory Council (GBAC) at all hotels around the world,
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Hotelier India Exclusive: Saurabh Gupta, Managing Partner, Hotelivate shares his view on M&A in a period of uncertainty
Going forward, by May 3, most hotels across the country would have witnessed 40 days of nil or negligible revenues due to suspended (and not shut down) operations but with 70%-80% of their costs intact
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Indian states set to lose tourism as an industry; FAITH requests CM of 28 states for specific support package
COVID-19 Pandemic has jeopardized all top-performing foreign source markets for tourism impacted (USA, Canada, UK, Germany, China, Japan, Singapore, Russia, Italy, Spain), interstate domestic season which is almost 60%+ in the April – July period has collapsed for the FY 2020-21
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Pilots will not be paid salaries for April and May says SpiceJet
Earlier, SpiceJet had announced 10-30 per cent pay cut for mid and senior-level employees
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Azerbaijan Tourism Board launches its e-learning platform; to offer travel lovers with insights on its product base
The e-learning course will cover products across health and wellness, gastronomy, wine tours, cultural heritage and more
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Hotelier India Exclusive: Hotelivate shares legal perspective on the impact of coronavirus on the hospitality industry
Aakanksha Joshi, Partner, Economic Laws Practice and Sujjain Talwar, Partner, Economic Laws Practice talk about issues resulting from the manifestation of COVID-19
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ITC Hotels prioritizes employees safety and well-being; rolls out several activities to engage them
The hotel is also hosting virtual classes for new and existing employees in order to help them upgrade their skill sets