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Day: November 21, 2024

India’s hotel revenue to reach 2008 peak by FY25

India’s hotel revenue to reach 2008 peak by FY25

  • November 21, 2024
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  • By Admin
After 17 years, hotel revenues are set to reach the same high levels as it was in 2008. Domestic travel for leisure and spiritual purposes has boosted occupancy rates. As room rates continue to rise...
Posted in Hotels
Hyatt Hotels Targets 100 Hotels in India in few years

Hyatt Hotels Targets 100 Hotels in India in few years

  • November 21, 2024
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  • By Admin
Hyatt Hotels Corporation plans to almost double its properties in India to 100 hotels within the next six years, aiming to seize growth opportunities in this key market. The company is also looking...
Posted in Hotels
Indian Hotels (IHCL) plans to expand portfolio significantly under ‘Accelerate 2030 Strategy’

Indian Hotels (IHCL) plans to expand portfolio significantly under ‘Accelerate 2030 Strategy’

  • November 21, 2024
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  • By Admin
The Indian Hotels Company Limited (IHCL), the parent company of Taj Hotels, announced an expansion plan called the "Accelerate 2030 strategy". The goal is to double its revenue to Rs. 15,000 crore...
Posted in Hotels

NCLT orders insolvency proceedings against Delhi based Raheja Developers

  • November 21, 2024
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  • By Admin
The National Company Law Tribunal has ordered insolvency proceedings against Raheja Developers, a real estate developer based in Delhi, due to a petition from flat buyers of its Shilas project in...
Posted in Real Estate

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