Thursday, Dec 07, 2023

Hospitality Sector


OYO Estimates Its Revenue To Be $751 Million In 2022-23: Ritesh Agarwal

The company expects its revenue in FY23 to be USD 751 million, up 19 per cent from USD 629 million in FY22, he told the employees through a presentation during the townhal

27 January 2023

Indian Rupee

What Is Emergency Credit Line Guarantee Scheme In Which Government Has Infused Additional Rs 50,000 Crore  

The ECLGS was announced in May 2020 in wake of the outbreak of COVID-19 to help various sectors, especially in the MSME segment, to get credit at a concessional rate of 7 per cent.

18 August 2022


Why Hilton Lacks The Ambition To Dominate India's Hotel Industry

Sixteen years after checking into India and a failed partnership later, Hilton Hotels & Resorts' footprint is limited to 24 operating hotels. It is now going back to the drawing board to cover lost ground and keep pace with...

24 May 2022

Hotel Body Pitches For Infrastructure Status To Hospitality Sector In Budget 2023

"The industry needs infrastructure status to be accorded by  Government of India to enable the hospitality sector avail long-term funds under the RBI Infrastructure lending norm criteria," FHRAI Secretary General Jaison...

26 January 2023

Source: Shutterstock

Govt Approves Rs 50,000 Crore Under ECLGS To Hospitality Sector

The increase has been done on account of the severe disruptions suffered by hospitality and related enterprises due to the pandemic

17 August 2022

File Photo.

Why Indian Hotels Don't Want You To Seek In-Room Dining Service Anymore

Mass layoffs and furloughs during the pandemic have caused a massive shortfall of talented employees in hospitality. As business recovers, hoteliers are rethinking their strategies to attract, develop and retain good talent...

13 May 2022

After Two-Year Covid Lull, Delhi Restaurants Decked Up To Welcome Guests For Christmas, New Year

The hospitality industry was one of the worst-hit sectors when multiple waves of the deadly COVID-19 pandemic hit the country

22 December 2022


Abhi Shetty

Meet Abhi Shetty, Taking Over The Hospitality Sector In Dubai And India

Abhi Shetty has gradually become a prominent name in the hospitality and nightlife sectors in Dubai and India. He is a young talent who has crafted mesmerizing experiences for people in the hospitality landscape for both...

12 May 2022