Hotel

Co-living startup Truliv debuts in Bengaluru with nearly 1,000 beds

Adopting a cluster-based growth approach, Truliv plans to expand its operations by adding 1,500 more beds over the next 18 months, bringing its total to 2,500 beds

S Korean hotel fire kills 7, matters made worse by lack of sprinklers

A fire that killed seven people in a South Korean hotel was possibly made worse by the lack of sprinklers, fire officials said Friday, as they investigated the cause of the blaze. At least 12 people were being treated for injuries related to the fire that broke out Thursday evening at the nine-story property in the city of Bucheon, just west of the capital, Seoul. Officials say the fire didn't spread broadly after starting in an unoccupied room on the 8th floor. But with the room was unprotected by sprinklers and toxic smoke quickly filled the upper floors. Most of the victims were found in the rooms and hallways of the eighth and ninth floors. Lee Sang-don, an official with the Bucheon Fire Station, said the hotel, which was built in 2003, wasn't mandated to have a sprinkler system. While South Korea began requiring sprinklers on all buildings with more than six floors starting in 2017, the requirement wasn't retroactively applied to most older buildings, except for some medical ..

Bring tourism policy before investment summit: Hoteliers to Raj govt

The state is holding the 'Rising Rajasthan' summit between December 9 and 11

Travel surge expected during I-Day long weekend: Industry experts

A significant increase in travel is expected during the Independence Day long weekend beginning Thursday, according to industry experts. According to hotel booking platform Booking.com, the top 10 most searched domestic getaways during the long weekends in August are Udaipur, Lonavala, Jaipur, Ooty, Kodaikanal, Munnar, Goa, Mahabaleshwar, Varanasi and Puri. Moreover, the top five most searched metros in India during the long weekends in August are Bengaluru, Mumbai, Delhi, Chennai and Hyderabad. The booking platform looked at search sessions between 28 July-31-July, with check-in dates between 15 August-19 August and 24 August-26 August. "The surge in searches for both domestic and short-haul destinations during August's long weekends reflects this trend. While popular tourist hotspots remain attractive, we are also seeing rising interest in some destinations such as Hampi, Madikeri, Ujjain and Gokarna," Santosh Kumar, Country Manager for India, Sri Lanka, Maldives and Indonesia at

Hotel bookings in 'suite' spot for Independence Day long weekend

Goa has witnessed a 166 per cent spike in bookings

L&T Realty, Valor Estate to co-develop Rs 20k cr project in Mumbai's BKC

The project will feature a mix of premium housing, commercial spaces, and a five-star luxury hotel. It has a total development potential of over 7.5 million square feet

Hotel bookings, airfares on strong wicket as IPL fever catches on

According to Thomas Cook India, online searches for travel during the IPL months are up 25 per cent when compared to last year

Royal Orchid Hotels to add up to 35 properties with 2,000 rooms in FY25

Royal Orchid Hotels is planning to add 30-35 new properties with about 2,000 rooms in the 2024-25 fiscal as part of its expansion plans across India, according to its Chairman and Managing Director Chander K Baljee. The company, which operates hospitality properties under the Royal Orchid and Regenta brands, is also looking to expand its wedding destination portfolio by adding four to five locations every year. "We are expanding very fast. We have already crossed 100 hotels, and I think this coming year (2024-25), have already signed up for another 30-35 (hotels to be added)," Baljee told PTI. In terms of places where these new hotels will come up, he said, "We're looking at all over India. In fact, are we trying to focus on places where we are not present right now like Andhra Pradesh, Telangana and some other places". When asked about the total number of rooms that will be added through the new properties, he said, "I think there should be an addition of approximately 2,000 ...

Long Weekend: Airfares, hotel rates shoot up ahead of Holi, Good Friday

The Indian tourism industry is witnessing a sustained boom on the back of what industry stakeholders call a mindset shift, where people are using every opportunity to travel

Hoteliers consider using disposables as water crisis deepens in Bengaluru

In the wake of the water scarcity, hoteliers in Bengaluru are mulling the use of disposable cups, glasses and plates to avoid excess use of water. The hoteliers are praying for good rain around Yugadi (Kannada new year) time to overcome the crisis. "Most of our borewells have gone dry and we are dependent on water tankers. If there is no rain around Yugadi, then we will have to make alternative arrangements," Karnataka State Hoteliers Association president Chandrashekar Hebbar told PTI on Saturday. According to him, 90 per cent of the water goes for washing utensils and which eventually goes down the drain. "Now we are seriously exploring 'use and throw' material as an option," Hebbar said. The hotelier said it will be a costly affair but the expenditure on the disposable materials will be passed on to the customers. "We are feeling the heat of the water scarcity in Bengaluru. We are praying for good rain around Yugadi," the KSHA president said. Meanwhile, the civic agency in ..

Oyo parent Oravel Stays plans to launch 13 premium hotels this year

Last year, the company started a pilot by setting up 10 Palette resorts in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar, and Bengaluru

Hotel industry's revenue expected to grow 7-9% in FY25, says ICRA

The Indian hotel industry is expected to report a 7-9 per cent revenue growth in FY2025 with occupancy likely to be at decadal highs, ratings agency ICRA said on Tuesday. Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (MICE), including weddings and business travel despite a temporary lull during the election period are likely to drive demand in FY2025, ICRA said in a statement. Spiritual tourism and tier-II cities are also expected to contribute meaningfully in FY2025, it added. ICRA said domestic tourism has been the prime demand driver in FY2024 and is likely to remain so in the near-term. Foreign Tourist Arrivals (FTA) are yet to recover to pre-Covid levels and the improvement would depend on the global macroeconomic environment. "Demand is expected to remain strong across markets in FY2025, as consumer sentiments continue to be healthy and corporate performance is stable," ICRA Ltd Vice President and Sector Head Corporate .

Hospitality industry expects 11-13% revenue growth on domestic demand

The hospitality industry is expected to clock 11-13 per cent revenue growth in 2024-25 on steady domestic demand and a rise in foreign travellers, a report said on Monday. This revenue growth will follow a likely 15-17 per cent growth in the current financial year, backed by steady domestic demand and ramp-up in foreign travellers, Crisil Ratings said in a report on Monday. The strong demand dynamics along with modest new supply will keep the operating performance of the industry healthy over the near term, the report added. According to the report, the healthy operating performance will augur well for the industry profitability where the EBITDA, or earnings before interest, taxes, depreciation, and amortization will continue the strong momentum over the current and the next fiscal. This, along with limited capital expenditure, will keep the credit profiles strong, the report noted. "The domestic travel demand, which remained a key driver this fiscal, will sustain next year as wel

Juniper Hotels' Rs 1,800 crore IPO to open on for bidding on February 21

Juniper Hotels Ltd, which runs hotels under the "Hyatt" brand, on Thursday fixed a price band of Rs 342-360 per share for its Rs 1,800-crore initial public offering (IPO). The maiden public issue will open for subscription on February 21 and close on February 23, the company said in a statement. The IPO is entirely a fresh issue of equity shares worth Rs 1,800 crore with no Offer For Sale (OFS) component. Of the total proceeds, funds to the tune of Rs 1,500 crore will be utilised for payment of debt availed by the company and subsidiaries -- Chartered Hotels Private Limited and Chartered Hampi Hotels Private Limited. Besides, a portion will be used for general corporate purposes. Juniper Hotels is promoted by Saraf Hotels Ltd and its affiliate-- Juniper Investments Ltd-- and Two Seas Holdings Ltd, an indirect subsidiary of a global hospitality company Hyatt Hotels Corporation. The hospitality firm has a portfolio of seven hotels and serviced apartments and operates 1,836 keys ac

Rajasthan govt likely to seek PM Narendra Modi's help to promote tourism

Tour operator Sanjay Kaushik said that Rajasthan is very famous for its heritage and the state has the highest number of heritage properties in the world

Hilton's revenue rises by 12%, beat estimates on record lodging prices

The U.S. hospitality industry in recent months has benefited from pricier rates and a strong rebound in international travel as consumers take advantage of a strong dollar

Passalacqua in Italy's Lake Como named as best hotel in the world

The tiny, 24-room hotel only just opened in June 2022 after a years-long restoration to its 18th century building-which has played host to guests as illustrious as Napoleon, Churchill, and Bellini

U'khand rains: Resorts in Lakshman Jhula area ordered to cancel bookings

Days after five members of a family from Haryana were killed at a resort in Lakshman Jhula area after it was hit by a landslide, the Pauri district administration on Friday asked resort owners and camp operators in the popular tourist spot to cancel the bookings till further orders in view of heavy rains. Debris of a landslide fell on Monday on a resort named Night Paradise Camp in Lakshman Jhula area burying a family of six from Haryana's Kurukshetra and Panipat districts inside. The lone survivor, a 10-year-old girl, was rescued alive hours after the tragedy but the bodies of the rest of them were pulled out of the debris one after another over the past few days. The order asking resort owners to cancel the bookings till further orders has been issued for the safety of tourists, Lakhshman Jhula Station House Officer (SHO) Vinod Gusain said. "Saving lives is the administration's top priority. An order like this has been issued for the safety of tourists," he said. Strict legal ac

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HDFC evaluates promoter Jain's offer for 2 Radisson Blu hotels in Ghaziabad

The total outstanding loan for the hotel properties amounts to Rs 507 crore and the loan has been categorised as a special mention account (SMA) 2, as of June