Lemon Tree Hotels delivered a strong performance in Q2 FY27, with total revenue rising 18 percent year on year to Rs 363.8 crore and PAT jumping 90 percent to Rs 79.8 crore. Net EBITDA grew 22 percent to Rs 162.2 crore, while the net EBITDA margin improved to 44.6 percent. The company expanded its network with eight hotel openings and 11 new signings, while reducing gross debt by 11 percent year on year.Lemon Tree Hotels delivered a strong performance in Q2 FY27, with total revenue rising 18 percent year on year to Rs 363.8 crore and PAT jumping 90 percent...
Elements of Byron implemented Canary Technologies across check-in, upsells, and checkout, generating over AUD 250,000 in upsell revenue with 75% of guests opting for mobile check-in.Elements of Byron implemented Canary Technologies across check-in, upsells, and checkout, generating over AUD 250,000 in upsell revenue with 75% of guests opting for mobile check-in.
Rosemead House adopted Revinate for its seamless integration with OpenTable, Book4Time, and WebRezPro to convert guest data into incremental revenue.Rosemead House adopted Revinate for its seamless integration with OpenTable, Book4Time, and WebRezPro to convert guest data into incremental revenue.
KTN’s Doug Kennedy hosts a free 40-minute webcast on Nov. 20 for hotel sales leaders, covering why salespeople underperform and how to rebalance tech investment with human-led sales fundamentals.KTN’s Doug Kennedy hosts a free 40-minute webcast on Nov. 20 for hotel sales leaders, covering why salespeople underperform and how to rebalance tech investment with human-led sales fundamentals.
Adeera Hospitality and HSMAI MEA will offer sales, marketing and revenue staff four professional certifications including CHSL, CHDM, CRME and CHBA, supported by expert-led review courses.Adeera Hospitality and HSMAI MEA will offer sales, marketing and revenue staff four professional certifications including CHSL, CHDM, CRME and CHBA, supported by expert-led review courses.
The acquisition is aligned with Sunday PropTech’s strategy of identifying and investing in well-located hospitality assets with potential for long-term value creation. The company plans to leverage PRISM’s hospitality brand ecosystem, technology platform, distribution network and centralised revenue management capabilities to enhance the property’s operating performance, positioning and overall guest experience, said a release.The acquisition is aligned with Sunday PropTech’s strategy of identifying and investing in well-located hospitality assets with potential for long-term value creation. The company plans to leverage PRISM’s hospitality brand ecosystem, technology platform, distribution network and centralised revenue management capabilities to enhance the property’s operating performance, positioning...
Thursday brought a World Panel question on whether budgets and incentive plans work against total profitability, and a free playbook on what AI really costs a hotel per guest ahead of 2027 budgets.Thursday brought a World Panel question on whether budgets and incentive plans work against total profitability, and a free playbook on what AI really costs a hotel per guest ahead of 2027 budgets.
North Beach Village Resorts deployed Cloudbeds across nine Fort Lauderdale boutique hotels, consolidating PMS, channel management, operations and payments into one platform for a 390-key collection.North Beach Village Resorts deployed Cloudbeds across nine Fort Lauderdale boutique hotels, consolidating PMS, channel management, operations and payments into one platform for a 390-key collection.
Customer Alliance integrates with Cloudbeds PMS to automate post-stay surveys, review collection on Google and TripAdvisor, and real-time feedback alerts via the Cloudbeds Marketplace.Customer Alliance integrates with Cloudbeds PMS to automate post-stay surveys, review collection on Google and TripAdvisor, and real-time feedback alerts via the Cloudbeds Marketplace.
The hotel will feature 95 elegantly appointed rooms and suites, designed to offer a warm and immersive stay experience. Culinary offerings will include an all-day dining restaurant, a bar and a lobby lounge, creating vibrant spaces for guests to gather, unwind and savour local and international flavours. Designed to cater to both leisure travellers and destination celebrations, Storii Shantiniketan will offer approximately 5000 square feet of event space, complemented by expansive landscaped lawns ideal for social gatherings, cultural events and corporate retreats. Recreational facilities will include a swimming pool, fitness centre and a dedicated kids’ club, ensuring a memorable experience...