SAMHI Hotels Limited achieved a significant revenue growth of 15.6 percent year-on-year and a rise in occupancy rates. The company reported a RevPAR increase of 14.3 percent driven by domestic travelers. Additionally, the net debt-to-EBITDA ratio was around 3.1 times, indicating financial stability. Future growth is anticipated as new hotel openings are scheduled, including a W Hotel in Hyderabad.SAMHI Hotels Limited achieved a significant revenue growth of 15.6 percent year-on-year and a rise in occupancy rates. The company reported a RevPAR increase of 14.3 percent driven by domestic travelers. Additionally, the net debt-to-EBITDA ratio was around 3.1 times, indicating financial...
Priceline parent Booking Holdings said on Tuesday it recorded a $900 million reduction in revenue and accrued a loss of $100 million related to an FTC action involving its subsidiary’s connection to deceptive hotel ads.Priceline parent Booking Holdings said on Tuesday it recorded a $900 million reduction in revenue and accrued a loss of $100 million related to an FTC action involving its subsidiary’s connection to deceptive hotel ads.Ā
When Neelendra Singh took charge as managing director of Lemon Tree Hotels last year, he stepped into the shoes of founder Patanjali Keswani with a mandate to scale. With a retail background spanning two decades at Adidas rather than hospitality, Singh tells ET HospitalityWorld why the company chose a non-hotelier, how it plans to grow from 138 to 300 hotels, and why its network-led strategy will define its next phase.When Neelendra Singh took charge as managing director of Lemon Tree Hotels last year, he stepped into the shoes of founder Patanjali Keswani with a mandate to scale. With a retail...
Holiday Inn Tamworth and Holiday Inn & Suites Rockhampton bring new investment, quality accommodation and tourism opportunities to two key regional centres. Holiday Inn Tamworth and Holiday Inn & Suites Rockhampton bring new investment, quality accommodation and tourism opportunities to two key regional centres. Ā
The Pines Resort cut guest messaging response times from 45 to 2 minutes and automated high-volume phone inquiries after deploying Canary AI Voice, Webchat, and Guest Messaging.The Pines Resort cut guest messaging response times from 45 to 2 minutes and automated high-volume phone inquiries after deploying Canary AI Voice, Webchat, and Guest Messaging.Ā
Tuesday brought a World Panel question on what role hotels play in guest wellbeing, and a hospitality technology veteran asking whether the exhibit hall still matters when buyers research vendors with AI.Tuesday brought a World Panel question on what role hotels play in guest wellbeing, and a hospitality technology veteran asking whether the exhibit hall still matters when buyers research vendors with AI.Ā
RoomPriceGenie’s Portfolio Calendar gives multi-property hotel groups a single dashboard view of occupancy, ADR, RevPAR, and pricing across all properties to streamline revenue oversight.RoomPriceGenie’s Portfolio Calendar gives multi-property hotel groups a single dashboard view of occupancy, ADR, RevPAR, and pricing across all properties to streamline revenue oversight.Ā
Holiday Inn Resort Sasan Gir will feature 92 rooms, including 11 suites, five food and beverage outlets, and 1,366 square metres of meeting and event space across four venues, including a 1,170 square metre ballroom. The resort will also offer a swimming pool, fitness centre, spa and retail facilities, positioning it to cater to leisure travellers, weddings and social celebrations, said a release.Holiday Inn Resort Sasan Gir will feature 92 rooms, including 11 suites, five food and beverage outlets, and 1,366 square metres of meeting and event space across four venues, including a 1,170 square metre ballroom. The resort will...
VDA Telkonet and Cloudbeds will integrate guestroom automation with Cloudbeds PMS to auto-trigger room settings at check-in, with commercial availability planned for Q1 2027.VDA Telkonet and Cloudbeds will integrate guestroom automation with Cloudbeds PMS to auto-trigger room settings at check-in, with commercial availability planned for Q1 2027.Ā
Avalora launched Cross-Platform Guest Intelligence (CPGI) at The Hospitality Show in Miami Beach, an AI platform that aggregates guest interaction data across hotel systems to surface revenue and service insights.Avalora launched Cross-Platform Guest Intelligence (CPGI) at The Hospitality Show in Miami Beach, an AI platform that aggregates guest interaction data across hotel systems to surface revenue and service insights.Ā