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Follows record openings and signings in 2025 for the region Follows record openings and signings in 2025 for the region
Prism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from Rs 6650 crore to Rs 3350 crore rupees. Initially aiming for a lofty $12 billion valuation back in 2021, Prism has encountered a series of delays, including a confidential filing in March 2023 and its third postponement in May.Prism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from Rs 6650 crore to Rs 3350 crore rupees. Initially aiming for a lofty $12 billion valuation back in 2021, Prism has encountered a series of delays, including a confidential filing in March...
Hotel Covington deployed Canary Technologies’ F&B mobile ordering, AI messaging, and dynamic upsells, achieving a 15% increase in average check size at its 114-room Kentucky property.Hotel Covington deployed Canary Technologies’ F&B mobile ordering, AI messaging, and dynamic upsells, achieving a 15% increase in average check size at its 114-room Kentucky property.
Wednesday brought Markus Busch on Booking Holdings collecting guest payment on 73% of its sales, up from 25% in 2019; Charlotte Weatherall of Corinthia London on her first year as GM and the TMT programme; and Henri Roelings with Paathz founder Ayush Soota on rebuilding hospitality hiring. HVS’s…Wednesday brought Markus Busch on Booking Holdings collecting guest payment on 73% of its sales, up from 25% in 2019; Charlotte Weatherall of Corinthia London on her first year as GM and the TMT programme; and Henri Roelings with Paathz founder Ayush Soota on rebuilding hospitality hiring. HVS’s…
The proposed Sarovar Portico, comprising of 72 keys and expected to open in 2029, will bring branded hospitality to TDI Smart City, serving business and leisure travellers across Mohali and the Chandigarh Tricity. Planned amenities include spa, gym, pool, all-day dining outlet and banqueting services. Integrated within Crescent, the hotel will complement its commercial offering while addressing the accommodation and service needs of businesses and visitors, said a release.The proposed Sarovar Portico, comprising of 72 keys and expected to open in 2029, will bring branded hospitality to TDI Smart City, serving business and leisure travellers across Mohali and the Chandigarh...
The Surfliner Inn, a boutique hotel proposed for downtown Carpinteria, California has been approved by the Carpinteria planning commission. The hotel would occupy the eastern portion of City Parking Lot #3 at 499 Linden Avenue, near Linden Avenue and Fifth Street. Plans call for 36 guest rooms, a café and restaurant, a rooftop lounge and pool, and event space. The proposal also includes new public parking, improved coastal trail access, and enhanced landscaping at City Parking Lots #3 and #4. The site previously held a two-story Southern Pacific Railroad building that was razed in the late 1960s.
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A front desk associate at Newport Hospitality Group’s Hampton Inn Jacksonville Beach is profiled for acts of compassion that turned one-time guests into lasting relationships.A front desk associate at Newport Hospitality Group’s Hampton Inn Jacksonville Beach is profiled for acts of compassion that turned one-time guests into lasting relationships.
In its 18th consecutive record quarter, the company reported a 21 percent rise in revenue to Rs 2,566 crore, while hotel-segment revenue increased 24 percent. EBITDA grew 21 percent to Rs 788 crore and profit after tax rose 23 percent to Rs 349 crore, with a diversified brandscape expanding the portfolio to 670 hotels, stated a release.In its 18th consecutive record quarter, the company reported a 21 percent rise in revenue to Rs 2,566 crore, while hotel-segment revenue increased 24 percent. EBITDA grew 21 percent to Rs 788 crore and profit after tax rose 23 percent to Rs 349 crore,...
The resort features 71 rooms, villas and suites, Eraaya, an all-day multi-cuisine restaurant, Café Flora which provides a cosy setting for guests to enjoy freshly brewed coffee, refreshing beverages, light bites and delectable snacks and Vyoma, the resort’s rooftop lounge, offering handcrafted cocktails, delectable cuisine and panoramic views. Complementing its accommodation and dining offerings, the resort features an outdoor swimming pool and a luxurious spa. It also offers meeting and banquet facilities, including a boardroom, Varya and The Lawn, making it suitable for corporate meetings, social celebrations and destination weddings, said a release.The resort features 71 rooms, villas and suites,...