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Hotel and Hospitality
287 posts
Royal Orchid Hotels posts impressive growth with consolidated revenue surging to Rs 155.98cr
Royal Orchid Hotels Limited, one of India’s fastest-growing hospitality chains, has reported robust financial results for the second…
Chalet Hotels delivers record Q2 FY25 performance with 20% revenue increase
Chalet Hotels Limited reported its highest-ever revenue growth for the second quarter of FY25, ending September 30, 2024.…
Benares Hotels Limited posts resilient Q2 FY 2024-25 performance despite revenue dip
Benares Hotels Limited (BHL), a subsidiary of The Indian Hotels Company Limited (IHCL), has released its financial results…
SAMHI Hotels strengthens Bengaluru presence with Innmar Tourism and Hotels acquisition
SAMHI Hotels Limited has made a significant move to boost its portfolio with the acquisition of Innmar Tourism…
OYO seals $525m deal to acquire G6 Hospitality from Blackstone
In a monumental move, OYO is set to acquire G6 Hospitality, the parent company of Motel 6 and…
Leela Palaces plans biggest hotel IPO in history at Rs 5,000cr
Luxury hotel group Leela Palaces, Hotels and Resorts, owned by Canadian investment giant Brookfield Asset Management, is gearing…
Wynn Las Vegas hit with massive $130m DOJ settlement in shocking money laundering case
Wynn Resorts, the operator of Wynn Las Vegas, has agreed to forfeit $130 million to the U.S. Department…
Big news in hospitality: Hyatt to take over The Standard and Bunkhouse Hotels
Hyatt Hotels Corporation (NYSE: H) has announced its intent to acquire Standard International, the parent company of The…
Brigade Group and Accor launch ibis Styles Mysuru: A fusion of modern comfort and cultural heritage
In a major development for the hospitality industry, Brigade Group, a leading property developer in India, and Accor,…
JLL Hotels & Hospitality secures $620m for Hyatt Regency Orlando acquisition financing
JLL Hotels & Hospitality Group has successfully secured a substantial $620 million in acquisition financing for the Hyatt…