Stakeholders said the industry was first hit by widespread cancellations after the April 22 Pahalgam terror attack in Jammu and Kashmir, and the fresh disturbances have further dented travellers' confidence.
Shares of the company opened firm on Thursday at Rs 147.70, up 1.58 per cent from Wednesday's close, then rallied ahead to witness an intra-day high of Rs 153 and as much as 1.05 lakh shares changed hands on the Bombay Stock Exchange. On the National Stock Exchange, the company opened at Rs 145.10, touched a high of Rs 148.50, up 2.10 per cent over its previous close and over 3.02 lakh shares got traded.
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
'One is not allowed to smoke on the sets of a Hollywood film even during a break.' 'When I asked an assistant to suggest some place where I could light a cigarette, he recommended the bad boys' corner -- where Jack Nicholson smoked.' 'However, I hesitated.' 'But when I was heading back to my chair after the shot, Jack Nicholson asked me if I wanted to join him for a smoke. We had a long conversation over cups of cappuccino.'
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
With no foreign tours for the next one year, Easwaran's Test debut looks unlikely with N Jagadeesan being looked at as a potential third opener.
Strong demand for cultural and spiritual hubs is expected for destinations like Varanasi, Kolkata during Durga Puja, and Pushkar for the camel fair, besides leisure destinations like Goa, Udaipur, Jaipur and Coorg.
The Men in Blue refused to take the Asia Cup 2025 trophy from Naqvi, who is also Pakistan Interior Minister.
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
Every summer, Sudhir Gautam makes a pilgrimage to Sachin Tendulkar's Mumbai home, carrying a box of Muzaffarpur litchis from his home town in Bihar, a gesture sweeter than the fruit itself.
'...we want him available as much as possible, but we have to be careful with him with some of the big tournaments coming as well, but like I said, the team always comes first.'
Nine-year-old Aarit Kapil from Delhi came close to defeating World No 1 Magnus Carlsen before settling for a draw in the 'Early Titled Tuesday' chess tournament on a leading online platform.
The company will raise Rs 844 crore through a rights offer for equity shareholders, while it will mop up Rs 900-1,080 crore through a similar offer for unsecured convertible debenture-holders.
'On the set, he was this big personality, the great Om Puri. But at home, he was like a fluffy teddy bear.'
'Countries like Cambodia, Vietnam, Laos, and the Philippines have a 50 per cent increase in bookings.'
Mary Kom turned heads at the wedding of Dr Vignesh Ujjwal, son of Indian athletics legend PT Usha and V Sreenivasan.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
The palace, currently run by JLR, will be offered to bidders on a long-term management contract.
Former Indian cricketer Atul Wassan urged the Pakistan team to showcase their anger and some competition on the field rather than being in controversies off the field,
'It was from him I learnt that if you gave the student the freedom to find his own path, he would be more courageous to experiment.'
Suryakumar fined 30 percent of match fee, India appeal verdict
PT Usha, now president of the Indian Olympic Association, had a proud family moment as her son, Dr. Vignesh, tied the knot
'Adventure travel, cultural tours, and wellness retreats are in high demand.'
Arjun Tendulkar has reportedly been engaged to Saaniya Chandhok, granddaughter of prominent Mumbai-based industrialist Ravi Ghai.
Pakistan withdrew its pullout threat and showed up for a crucial Asia Cup game against the UAE in Dubai on Wednesday but not before causing a delay.
'Close your room, switch off your phone and sleep. I think that's the best thing.'
'The upcoming long weekend has ignited strong travel intent, with robust bookings across leisure, spiritual and wellness destinations.'
The demand growth in the low-income category is expected to be driven mainly by packaged branded sugar as well as traditionally consumed gur (jaggery) and khandsari.
After a perilous 500-km road journey out of conflict-torn Tehran, stranded Indian tourist Falguni Dey reached Iran's Astara border with Azerbaijan on Tuesday evening, but his ordeal is far from over.
Indian Hotels Company Ltd has raised $150 million through foreign currency convertible bonds issue, which was oversubscribed by more than 20 times, to fund acquisitions, expansion and modernisation in the country and abroad.
Dr Saket Badola, Director, Corbett Tiger Reserve, remembers his meeting with Dr Jane Goodall, the legendary conservationist and renowned chimpanzee expert, who passed into the ages this week.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
mulling action for multiple violations and misconduct
An increasing number of hotels in India are giving rooms a new look.
Sri Annapoorna Hotel on Saturday appealed to the people to put to rest unnecessary assumptions and political misunderstanding after a video of its owner apologising to Union Finance Minister Nirmala Sitharaman over his remarks on Goods and Services Tax (GST) went viral on September 13.
Stunning landscapes, natural beauty, clean beaches, cultural wealth, mouth-watering food, shopping options, safety for solo travellers, warm hospitality, easy visas, and connectivity make Vietnam a must-visit destination, discovers Ramesh Menon.
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Pycroft's decision has not been seen by ICC as a breach of any code of conduct, but as an action he was authorised to take in his remit as a match official deputed to manage the game.
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors
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