HBIZ - Hospitality Biz India: Latest News & Analysis
July 30, 2023. Isthara ventures into Gujarat as part of its nationwide expansion. February 28, 2024. Trends, growth, and future of the hospitality sector. October 13, 2022. Adani Airport Holdings to Acquire Majority Stake in Semolina Kitchens for F&B and Lounge Business Expansion. March 7, 2024.
Hyatt Hotels Set to Grow Indian Presence, Adding 7 Properties in …
Mar 14, 2024 · Hyatt Hotels Corporation, a leading name in the global hospitality sector, has announced its ambitious plan to bolster its presence in India by launching seven new hotels and adding 1,115 rooms across various leisure and urban locations in 2024.
Trends, growth, and future of the hospitality sector
Oct 13, 2022 · According to the report, if the trend continues then the food and beverage sector is expected to grow at 10.4 percent annually and is expected to reach 5.5 trillion by 2022. On the flip side, the unorganized market share in the food and beverage sector constitutes 65-70 percent and the organized sector is only 30-35 percent. Imagine the volume ...
India's Branded Hotels Achieve Record Occupancy and ADR in FY …
Branded hotels across India achieved a room occupancy rate of 67.5%, the highest since FY 2008, and recorded the highest-ever average daily rate (ADR) of INR8,055 in FY 2024, highlighting significant growth in the hospitality sector, according to …
Redefining Indian hospitality, the TECH way
Jun 6, 2024 · Technology has remodeled the way in which a hotel functions and continues to redefine guest experience. Hospitality Biz takes a look at the aspects of technology that enable hoteliers ‘ operational and business efficiencies and what its future beholds.. In today’s digital age, embracing technology is no longer a luxury, but a necessity for the Indian hospitality businesses to …
Hospitality Biz India: Latest News & Analysis
Aug 31, 2022 · Shangri-La Group Taps into Indian Wedding Market with ‘Bandhan by Shangri-La’ Asmita Mukherjee ; October 31, 2024 ; 51
Hospitality Biz India: Latest News & Analysis
Conrad Bengaluru appoints Sharin Joseph as the Commercial Director. November 5, 2024. With over 16 years of experience in the hospitality industry, Sharin will be focusing on various arenas at the property such as business development, budgeting, forecasting, and achieving the hotel’s commercial objectives. Sharin’s body of.
India’s hospitality sector witnessed USD 401 million investment ...
Apr 1, 2024 · JLL India today released its latest report titled ‘Hotel Investment Trends – India 2023,‘ highlighting the growth and positive start of the first quarter (Jan-March) of 2024 in the hospitality sector.The report mentions that the first quarter of 2024 witnessed a significant 80% Year-on-Year increase in hotel transaction volumes, reaching USD 78 million.
Indian hospitality embraces sustainable growth
Mar 21, 2024 · Indian hospitality entities are increasingly embracing sustainable practices in their operations. According to a recent KPMG report titled “Sustainability in Tourism: Reimagining India’s Sustainable Tourism Evolution,” the sustainable tourism market in India was valued at US$26.01 million in 2022 and is projected to reach US$151.88 million by 2032, with a rapid CAGR of 19.3% from 2022 to ...
India's Hospitality Industry Set for Major Growth – Highlights from ...
Oct 19, 2024 · The third day of the FHRAI Hospitality Awards Convention saw some of the most influential voices in the tourism and hospitality sectors address key issues related to India’s growth story. Suman Billa, Additional Secretary, Ministry of Tourism, Government of India, delivered a compelling speech ...