indian hospitality sector

Pride Hotels targets IPO by March 2026 to fund renovations

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Pride Hotels targets IPO by March 2026 to fund renovations

Hospitality chain Pride Hotels is targeting to launch initial public offering (IPO) by March 2026 to fund renovations of existing properties and pare debt, its Chairman & Managing Director Sureshchand Premchand Jain said. The Pune-based company, which filed its preliminary papers with markets regulator Sebi in October, is awaiting regulatory approval to float the IPO. … Read more

Standard-bearer for hospitality | The Financial Express

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Standard-bearer for hospitality | The Financial Express

PRS Oberoi, 93, popularly known as Biki, never had to go through the struggle undertaken by his father, the legendary Mohan Singh Oberoi who began his career as a lowly-paid employee at Simla’s Cecil hotel. But wealth apart, nothing else in life came easy for PRS, who had to work incredibly hard to expand the … Read more