The Ahmedabad-based company has clocked a growth rate of 143% Y-O-Y in 2021
revenue
Posted inF&B
Where’s the fizz?
Considering alco-bev is a significant revenue generator, several states are revising their excise policies to promote liquor sales, while balancing consumer safety
Posted inUncategorized
Sterling Holiday reports standalone revenue of INR 97 crore in Q4 2021 as compared to INR 61 crore in Q4 2020
Overall, the company reported a positive PBT of Rs.30 cr. in Q4 2021, which includes year-end adjustments and one-time revenues
Posted inBusiness
Wyndham’s revenues declined from $410 million in Q1 2020 to $303 million in Q1 2021
The decline includes lower pass-through cost-reimbursement revenues of $55 million in the Company’s hotel management business, which have no impact on adjusted EBITDA
Posted inBusiness
With 25% of its hotels shut worldwide due to Coronavirus, Marriott anticipates more closures ahead
According to Marriott, its revenue per room fell 60% globally in March, roughly the same as in the U.S. alone (57%)
Posted inOperations
OYO elevates Aditya Ghosh to board of directors
Ghosh will be focusing on five key areas – safety and security, corporate governance, revenue management, customer experience, and stakeholder communications
