EIH Associated Hotels shares slide 5% after Q3 results

EIH Associated Hotels shares slide 5% after Q3 results

Shares of EIH Associated Hotels fell as much as 5.1% on Tuesday to Rs 355.15 on the BSE amid a broader market selloff, as weak global sentiment weighed on investor confidence. The decline came despite the company reporting a modest rise in quarterly earnings. The hospitality firm, part of The Oberoi Group, posted a 5.4% … Read more

Brigade Hotel Ventures files DRHP for Rs 900 crore IPO

Brigade Hotel Ventures files DRHP for Rs 900 crore IPO

Brigade Hotel Ventures Limited, a wholly-owned subsidiary of Brigade Enterprises, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise around Rs 900 crore through an initial public offering (IPO). This offering consists of a fresh issuance of equity shares with a face value of ₹10 … Read more

Online segment leads revival of tourism, travel and hospitality sector in India

Online segment leads revival of tourism, travel and hospitality sector in India

Before the covid-19, WTTC stated in its report, the travel and tourism industry contributed to India’s GDP which was about 6.8 percent of the entire economy. T The tourism sector is bouncing back from the impact of COVID across the world. Data suggests that the industry will crawl back to the pre-Covid-19 levels in a … Read more

Bengal hospitality sector gets a boost in election season

Bengal hospitality sector gets a boost in election season

Election season in West Bengal is contributing to the revival of the states hospitality sector which has been limping in the post-lockdown era and attempting to regain the vibrancy, an official said. There has been traction in hotel bookings due to election-related travel by political party leaders and members of the media in West Bengal, … Read more

How innovative solutions are powering hotels, restaurants, office cafeterias, cloud kitchens into the future

How innovative solutions are powering hotels, restaurants, office cafeterias, cloud kitchens into the future

Coming to how office cafeterias now cater to the new normal, the challenges are multi-dimensional even as digital platforms roll out unique solutions to tackle the same for the safety and well-being of employees. With the year 2020 kicking off in an unprecedented way with the outbreak of the coronavirus pandemic, innovative solutions for India’s … Read more

Worried about safety and hygiene in hotels? Here’s how premium hotels step up focus on these seven safety protocols

Worried about safety and hygiene in hotels? Here’s how premium hotels step up focus on these seven safety protocols

Social distancing and hand hygiene top the list of safety protocols for all premium hotels across the country. (Representative image) Worried about safety protocols being followed in hotels? Your next hotel stay does not have to be a nerve-wracking experience or one that drives up your tension and stress quotient! Indeed, the new normal requires … Read more