A key highlight of the event was the expansive rollout of Government support for the local tourism ecosystem. Under the Chief Minister’s Meghalaya Homestay Mission, which targets the creation of 3,000 new homestays and over 15,000 jobs by 2028, sanction letters were distributed to the initial cohort out of approved applications. Furthermore, the Community-Led Tourism Infrastructure Scheme has announced up to Rs 3.40 crore in funding for 58 new beneficiaries, providing tiered grants ranging from Rs 5 lakh to Rs 20 lakh based on site footfall, building upon the Rs 10 lakh grants already awarded to 20 existing projects. The...
Marriott reiterated its optimism about international tourism, supported by the FIFA World Cup, and expects the uplift to continue in the third quarter. It expects 2026 revenue per available room – a key lodging metric that acts as a proxy for pricing power – to grow between 2 percent and 3 percent, compared with a 1.5 to 2.5 percent increase forecast earlier. Its shares gained about 2 percent. CEO Anthony Capuano said travel and experiences remained a priority over consumption of hard goods across demographics, and the shift was visible even in lower-income households.Marriott reiterated its optimism about international tourism,...
CHICAGO, IL (May 8, 2026) – Hyatt Hotels Corporation (NYSE:H) today announced the opening of DC Hotel Hangzhou CBD, a vibrant new upscale lifestyle hotel in the heart of Hangzhou’s Central… CHICAGO, IL (May 8, 2026) – Hyatt Hotels Corporation (NYSE:H) today announced the opening of DC Hotel Hangzhou CBD, a vibrant new upscale lifestyle hotel in the heart of Hangzhou’s Central…
Located near the famed Gir National Park, this is the best resort in Sasan Gir, inviting guests to slow down and reconnect with nature through thoughtfully designed spaces and intuitive hospitality. Enhancing this connection further, the property offers locally immersive experiences, allowing guests to engage meaningfully with the region’s rich biodiversity, culture, and natural surroundings. This resort in Sasan Gir features 25 well-appointed cottages and villas, including Premium Cottages, Superior Cottages, and Suite Villas, each crafted to blend rustic charm with modern comfort. Spacious interiors, earthy aesthetics, and serene surroundings create a tranquil forest staycation for travellers seeking both relaxation...
Developers JMA Ventures and Machete Group plan to begin construction of a $500 million mixed-use 9000,000 sf Westcourt development project along West Church Street in downtown Orlando, Florida that will include a Kimpton hotel. The multiphase development will include the 265 guest room Kimpton-branded hotel, 269 high-rise residential units, a 3,500-capacity Live Nation events venue, 125,000 square feet of entertainment and dining retail, 1.5 acres of green space, and more than 1,140 parking spots. Leasing is underway for the 310,000-square-foot portion of Class A office space through Foundry Commercial. Baker Barrios is the project Architect. Turner Construction is the general contractor.
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Swiggy and Eternal shares have plunged up to 30% this year, prompting questions about investment timing. While Eternal shows long-term gains, both companies listed at high valuations. Analysts advise caution, suggesting investors wait for clearer earnings and normalized valuations before buying, with Swiggy offering a slightly better risk-reward for a long-term view.Swiggy and Eternal shares have plunged up to 30% this year, prompting questions about investment timing. While Eternal shows long-term gains, both companies listed at high valuations. Analysts advise caution, suggesting investors wait for clearer earnings and normalized valuations before buying, with Swiggy offering a slightly better risk-reward for...
According to the group CEO of Ennismore Hospitality, the world’s leading lifestyle hospitality company, and chairman of Accor-InterGlobe India Hospitality Venture, lifestyle hospitality as a discipline demands long-term investment in creativity and execution rather than short-term scaling.According to the group CEO of Ennismore Hospitality, the world’s leading lifestyle hospitality company, and chairman of Accor-InterGlobe India Hospitality Venture, lifestyle hospitality as a discipline demands long-term investment in creativity and execution rather than short-term scaling.
Very strong Q1 trading performance with better than expected Global RevPAR growth of +4.4%. Continued development momentum, with underlying signings and openings ahead of last year. Confident of achieving consensus growth forecasts and profit expectations. Very strong Q1 trading performance with better than expected Global RevPAR growth of +4.4%. Continued development momentum, with underlying signings and openings ahead of last year. Confident of achieving consensus growth forecasts and profit expectations.