India well poised to benefit from great opportunities coming from hotels and hospitality sector: Puneet Chhatwal, IHCL

India well poised to benefit from great opportunities coming from hotels and hospitality sector: Puneet Chhatwal, IHCL

“Achche din ki sabse badi guarantee hai the growth in the GDP. So, India having reached fifth largest economy status and all the pundits and all the gurus from IMF to investment houses to all the economists predict that India will be number three in a very short duration of time,” says Puneet Chhatwal, MD … Read more

Multiple triggers to drive rally in this Tata Group stock, but upside may be capped. Here’s why

Multiple triggers to drive rally in this Tata Group stock, but upside may be capped. Here’s why

Service related sectors have got their mojo back after two years of the Covid-19 pandemic with the rise in consumption from India. One of the biggest beneficiaries of this is travel and tourism space. This has put the hotel sector at a sweet spot. Brokerage firms, both domestic and global, have turned positive on the … Read more

Often overlooked Mahindra Holidays stock may prove to be an interesting bet. Here’s why

Often overlooked Mahindra Holidays stock may prove to be an interesting bet. Here’s why

Mahindra Holidays & Resorts’ focus on keeping its capital cost under control and ensuring that part of those savings are passed on to its customers have helped it keep its head above water even when Covid brought the hospitality industry to its knees. Synopsis Club Mahindra operates on a unique business model: customers have to … Read more

After rough two years, do calmer times await Indian Hotels’ shareholders?

After rough two years, do calmer times await Indian Hotels’ shareholders?

IHCL is the market leader in terms of properties, the number of rooms, RevPAR and industry experience. Synopsis Indian Hotels Company Ltd (IHCL), owned by the Tata group, is a pioneer in luxury hotels. In 1903, the group started the iconic hotel that is today called The Taj Mahal Palace. The group now has more … Read more

IHCL to launch QIP worth Rs 2,000 crore

IHCL to launch QIP worth Rs 2,000 crore

New Delhi/Mumbai: Tata Group backed Indian Hotels Company (IHCL) is set to launch a qualified institutional placement of Rs 2000 crore as the hotel chain braces for business expansion shrugging off the effects of the Covid-19 pandemic. Credit Suisse and ICICI Securities are helping the company raise money, said people familiar with the matter. IHCL … Read more

Travelling with pets: Your next trip isn’t a vacation, it’s a ‘Pawcation’

Travelling with pets: Your next trip isn’t a vacation, it’s a ‘Pawcation’

At IHCL, all hotels under the SeleQtions portfolio are pet-friendly. Pet parents, your next trip isn’t a vacation, but it’s a ‘Pawcation’ ! You know how deeply you love pets when you just can’t leave them behind when you decide to travel! Don’t worry, you are not alone! If you grew up in the early … Read more

Luxury homestay redefined: How homestays in India are now making it to the global tourist map

Luxury homestay redefined: How homestays in India are now making it to the global tourist map

From a traveller’s point of view, amã Stays & Trails provides immersive and authentic local experiences to guests in picturesque destinations while opening up new locations to travel to. Planning a safe and fun-filled homestay destination this festive season? “Nothing is keeping me in Seattle. I can draw anywhere”, Eleanor’s observation in Maria Semple’s second … Read more

Tempting hotel offers! Amidst new hotel launches, wedding and staycation packages, a glimpse of hospitality laws

Tempting hotel offers! Amidst new hotel launches, wedding and staycation packages, a glimpse of hospitality laws

In Kerala, where COVID-19 cases are on the rise, restaurants and hotels are taking the best safety measures to ensure that guests are safe and enjoying their hotel experience to the fullest. (Image: Jhoom) Hotel launches are increasing, so is the relevance of hospitality related laws! As tempting and alluring as the world of hospitality … Read more

How safe is it to travel and stay at hotels now? IHCL, Hilton, Raffles Udaipur roll out tempting offers!

How safe is it to travel and stay at hotels now? IHCL, Hilton, Raffles Udaipur roll out tempting offers!

At Raffles Udaipur, guests can enjoy a boat ride and watch migratory birds as they enjoy the panoramic hill views across the tranquil lake and a four hundred year old temple. Bleisure travel is soaring across the country. A key question remains: How safe is it to travel now? With many Indians fully vaccinated or … Read more

No time to cook? How hotels and cloud kitchens prioritize safety, delivery of online food takeaways

No time to cook? How hotels and cloud kitchens prioritize safety, delivery of online food takeaways

With cloud kitchens offering affordable options, the once-expensive dining out food bill can be easier on the pocket than ever before. (Image source: ITC Hotels Bengaluru] If the pandemic has turned around and reinforced one major activity in the lives of people, it is the awareness that eating out is no more a casual activity … Read more