It cited interrupted operations for 11 out of 12 months in FY2021-22
Business
Posted inBusiness
We expect India-wide occupancy to improve to 66% IN 2022
Along with a 28% increase in ARR, RevPAR is expected to go up by ₹3,731 during the year
Posted inBusiness
How governments and industry bodies can push global travel recovery
Robust protocols around vaccination program roll outs, testing, health and safety measures, and minimal contact while travelling are crucial to rebuilding travelers confidence
Posted inBusiness
Manjeera Sarovar Premiere and Manjeera International Convention Centre at Rajahmundry launched
The hotel comes up in 6 acres of land under PPP Mode with Andhra Pradesh government
Posted inBusiness
Indian hospitality industry set to expand at 10.35% from 2019 – 2028
Noesis presented this and other figures in ‘The Indian Tourism and Hospitality Performance Report 2021’
Posted inBusiness
Thomas Cook India expands presence in Punjab
Opens new Gold Circle Partner outlet in Ludhiana
Posted inBusiness
DBS Bank India, EaseMyTrip launch environment-friendly green debit card
This 99% recycled PVC digibank EaseMyTrip Green debit card helps reduce carbon footprint and rewards cardholders for supporting sustainable businesses
Posted inBusiness
Rage Coffee secures funding from Virat Kohli
Previously, it had raised $5 million of growth capital as part of its Series A funding round led by Sixth Sense Ventures in August 2021
Posted inBusiness
Stotrak Hospitality signs agreement with Spice Hotel Dehradun
This will be the company’s 5th operational hotel in India
Posted inBusiness
The Leela Palaces, Hotels And Resorts expands footprint in South India
It has signed The Leela Kovalam, A Raviz Hotel And The Leela Ashtamudi, A Raviz Hotel in Kerala