OYO adds 700 company serviced hotels in last one year.
growth
The Fern Hotels & Resorts continues growth, signs new hotel in Kota
This new addition will further strengthen the brand's presence in key markets and underscore its commitment to providing exceptional guest experiences
MakeMyTrip continues growth with new Srinagar franchise location
The franchise network expansion is part of MakeMyTrip’s broader strategy to serve customers in the top 100+ cities of India
EIH Ltd announces record financial results for Q4 and FY 2022-23
FY23 consolidated revenue at INR 2,096 crores, up 101% YoY
Cygnett Hotels & Resorts celebrates growth and expansion at the 6th Annual GM Conclave in Jaipur
This year's theme was 'Transformation 2023', and it focused on discussing the hospitality industry's current challenges and future trends
“With its iconic brand Taj, IHCL maintains its lead in the luxury segment with 81 hotels in operation and another 17 in pipeline!”
...Says Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL, on the group's expansion plans
MakeMyTrip targets to grow the base of franchisees by 50% within this calendar year
The company started 2023 with 146 active franchisees and aims to grow by more than 50% to reach 220 by the end of the year
The hospitality sector witnessed 60.9% YoY Revenue Per Available Room (RevPAR) growth in Q4 2022: JLL
With Bengaluru witnessing the highest growth of 110.6% in RevPAR
The tourism industry will continue to grow in India: World Travel & Tourism Council
Mehul Sharma, Founder & CEO, Signum Hotels & Resorts, sheds light on the upward growth of the hospitality industry in India
StayWell to set up 250 hotels by 2032
Kickstarting the year 2023, the group gears up for robust expansion