Its consolidated net profit at Rs 76.29 crore was down 37.75 per cent. It posted a net profit (PAT) of Rs 122.56 crore for the corresponding period of the previous fiscal.
The new phase is especially challenging for the five worst-affected states, accounting for nearly 70 per cent of the total confirmed Covid cases and over 78 per cent of Covid deaths in the country.
With this, the Centre has outlined a plan to reopen nearly all activities outside of containment zones starting Monday.
The scheme covers more than 90 hotels across India, Nepal, Bhutan, Bangladesh and Sri Lanka.
The country's top chefs, in response to requests from followers and to tackle their own work-from-home blues, have been sharing culinary hacks in increasingly casual and honest tones.
The wage loss to around 8,330,000 self-employed persons and casual employees is around Rs 14,000 crore
With normal monsoon forecast this year, they want to take advantage of pre-monsoon showers
Golden Jubilee Hotels Pvt Ltd is a public-private partnership (PPP) with the Department of Tourism and Youth Advancement, Tourism & Culture, Government of Telangana
The services such as aviation, hotels, malls, etc. would have to wait for a much longer time
Currently, the company operates 120 hotels in India under various brands
The top court has held that the burden of proof lies on the hotel to explain that any loss or damage caused to the vehicles parked was not on account of its negligence or want of care
In the city's current hotel-opening boom times, here are five standouts
Leisure's hostel - a low-frill, budget accommodation comprising beds and budget rooms under the Bedz brand - will come up in Rishikesh by the end of this year
India led the way on leisure travel spends, accounting for 94.8% of its total gross domestic product contribution, beating countries like US, China
Gourmet hotel kitchens with generous owners and staff thus score higher in promoting my sense of well-being than they might for other travelers
Oyo, the youngest in the list and India's most recent entry into the unicorn league has sub brands and has built a differentiated offering for different consumer groups.
Thanks to a rise in travel in tier II and III cities and towns and the expansion of budget hotel brands for the growth
Business hotels are more difficult to locate than vacation hotels because you are no longer the master of your own folly
Most premium properties earn at least half their revenues from food and beverage sales
Betting on the mid-market segment, hoteliers have been increasing the supply of such rooms by 15% every year for the past 15 years