The Chairman in Hong Kong was named the No 1 restaurant in the region by World's 50 Best Restaurants, which is owned by William Reed Business Media Ltd
India's GDP growth to be at 11 per cent in fiscal 2022, says report predicting two-phase economic recovery
Zostel could get upwards of $600 million if arbitration goes through
Taj brand aims at larger presence in the east, Neotia says being persuaded to look at North East too
Their fates are contrasting - hoteliers say they are struggling to get bookings, while homestay owners are witnessing record bookings and profits
WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers
Though growth began accelerating in December, headline figure remained below its long-run average of 53.3 and was consistent with a moderate pace of growth
Jubilant Foodworks Ltd operates fastfood chains Domino's Pizza and Dunkin' Donuts in India
Late parties off the menu, hotels and restaurants offer staycations
French hospitality major Accor that operates hotels under Pullman and Novotel brands in India, is offering flat discounts on bookings
This is in line with the company's efforts to drive technology-enabled synergies and realign of some business functions to other verticals, leading to some redundancies across a few functions
Recovery still far away; blended average occupancy up 28-30% in current quarter from 18-25% in three months to September
Hospitality industry body FHRAI urged the government to provide soft loans to the hotel and restaurant sector as businesses are finding it difficult to sustain themselves amid the COVID-19 pandemic.
Agarwal told Thakur that the state is among the strongest performing markets for OYO and the company is committed to doubling economic opportunities and presence in the state shortly
From when the lockdown was imposed on March 24, the number of Covid-19 cases has shot up from 500 to almost 5.6 mn
Faced with their worst crisis and without any financial assistance from the government, the viability of the Indian aviation and tourism industry is in peril
Puri also said that there were many smaller pieces in the portfolio that required support from institutional strengths, and that's why they structured the way they were
Micro, small and medium enterprises (MSME) are already covered under the ongoing restructuring scheme which was tweaked earlier this month to cover those impacted by Covid-19 crisis
Hotel Association of India (HAI) on Thursday said it has entered into a partnership with Naukri.com to create alternative employment opportunities for hotel industry workforce hit hard by Covid-19
The company had posted a net loss of Rs 1.13 crore in the corresponding period of previous fiscal, EIH said in a filing to the BSE