The company announced a partnership with European hotel group Safestay which would give Zostel’s community of nearly 3 million travellers access to 24 properties across 20+ cities in Europe and the UK.Under the agreement, 24 hostels will be listed on Zostel.com, while 82 Zostel properties will feature on safestay.com, together covering more than 8,000 beds across Europe, the UK, India, Nepal and Thailand. Both brands will continue to operate independently, said a release.The company announced a partnership with European hotel group Safestay which would give Zostel’s community of nearly 3 million travellers access to 24 properties across 20+ cities in...
As The Leela accelerates its growth as India’s leading pure-play luxury hospitality brand, the LCoE also represents a long-term investment in elevating hospitality talent at scale. Designed to nurture individuals across every level of the organisation, The Leela will annually invest in structured learning and capability-building initiatives impacting over 650 associates and managers across the organisation. This includes leadership and functional development programmes for over 250 managers through its Leela Executive Accelerated Development (LEAD) program, specialised bootcamps, conclaves and industry conferences, alongside academic and operational training for over 220 associates across The Leela Palace Services (TLPS), Leela Leadership Development Program...
Swiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned and controlled company. This initiative is designed to align with foreign exchange compliance requirements.Swiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned and controlled company. This initiative is designed to align with foreign exchange compliance requirements.
This Pre-Series A raise will fuel Bombay Banta’s next phase of growth. The latest funding will be deployed toward — accelerating Bombay Banta’s pan-India expansion, strengthening distribution, deepening quick commerce penetration, and significantly expanding the product portfolio over the coming months. The company has also seen sharp momentum in business performance. Even before the funding round formally closed, Bombay Banta recorded nearly 50 percent growth in sales during the course of investor discussions, with the founders now targeting a doubling of revenues over the next six months driven by strong summer demand and new product launches. The brand’s next phase...
Historic Hertfordshire estate near London set for major refurbishment under IHG’s newest brand, Noted Collection by IHG. Historic Hertfordshire estate near London set for major refurbishment under IHG’s newest brand, Noted Collection by IHG.
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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Venchi’s arrival in India comes at a time when premium chocolate, luxury gifting and artisanal food formats are gaining strong traction among urban Indian consumers. CocoCart sees a clear opportunity to build the category beyond transactional retail, creating destinations that appeal to consumers looking for discovery, indulgence, gifting and experience-led consumption. The company’s larger expansion strategy includes building a multi-brand premium F&B portfolio across Indian metros, with Mumbai and Delhi as initial focus markets, followed by further expansion into cities such as Ahmedabad and Bengaluru. The company’s boutiques vertical is expected to create 575 jobs by FY28, as per the...
CHICAGO (May 12, 2026) – Hyatt Hotels Corporation (NYSE: H) today announced that Adam Rohman has been appointed Head of Americas, effective July 1, 2026. Rohman succeeds Pete Sears, who is… CHICAGO (May 12, 2026) – Hyatt Hotels Corporation (NYSE: H) today announced that Adam Rohman has been appointed Head of Americas, effective July 1, 2026. Rohman succeeds Pete Sears, who is…
Ventive’s hospitality business generated revenue of Rs 658 crore in Q4 FY26, a growth of 13 percent YoY. The hospitality EBITDA was at Rs 295 crore, up 9 percent YoY, with an EBITDA margin of 45 percent. Hospitality Revenue EBITDA and EBITDA Margin in Q4FY26 was impacted on account of geopolitical tension and travel restrictions. For the full year FY26, hospitality revenue was Rs 1,980 crore, up 23 percent YoY, with EBITDA of Rs 735 crore, growing 33 percent YoY and an EBITDA margin of 37 percent, expanding 3 percentage points YoY, said a release.Ventive’s hospitality business generated revenue of...
The Series B funding is led by the Bikaji Foods Family office and some other international funds, with participation from existing investors V3 Ventures and MJV Ventures, who doubled down on their investment, along with Alteria Capital. This brings the company’s total funding to Rs 113 crore to date, including nearly Rs 37.7 Crore from its previous seed & series A funding. At a time when food consumption in India is evolving rapidly, Dil Foods is building a platform that combines culinary diversity, operational efficiency, and digital distribution. Since its last fundraise, Dil Foods has significantly scaled its footprint, expanding...