Hoteliers are betting big on MICE (Meetings, Incentives, Conferences and Exhibitions). MICE is becoming a big revenue driver in hotels
revenue
Posted inOperations
“Turnover crossed the Rs 1,500 crore mark, making it a historical Q1!”
…Says Puneet Chhatwal, Managing Director & CEO, IHCL.
Posted inF&B
Does the F&B industry have the power to make or break hotels?
Manoj Thapa, General Manager- Hotel The Royal Plaza, talks about how the quality and creativity of F&B offerings can make or break establishments
Posted inBusiness
EIH Ltd announces record financial results for Q4 and FY 2022-23
FY23 consolidated revenue at INR 2,096 crores, up 101% YoY
Posted inBusiness
Westlife Foodworld delivers a record FY 23; reports highest ever Q4 sales
...With 14% same store sales growth
Posted inBusiness
Ayatana Hospitality aims to increase revenue to 100 crore by 2024 end
Decides to expand across Karnataka, Andhra Pradesh, Kerala, Tamil Nadu and Goa
Posted inBusiness
Royal Orchid Hotels ltd FY 22-23 standalone revenue at 37.56 Cr in Q2 and consolidated revenue at 58.06 Cr in Q2
The financial details are disclosed below
Posted inOperations
Roundtable interview with Jeslin Mathews
In conversation with Jeslin Mathews, Director of Sales and Marketing, Sheraton Grand Pune.
Posted inOperations
Tour operators to reach >70% of pre-Covid revenue this fiscal
Pent-up demand to help; operating profitability to improve along with healthy liquidity
Posted inOperations
Absolute Hotel Services promotes Prashant Shewale as Regional Manager – Revenue & Distribution
He joined Absolute Hotel Services at Eastin Easy Aishwarya Talegaon as Front Office Manager and was later promoted to Rooms Division Manager