Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
4.5 million weddings are expected across India.
Some of these are regional players, like K Raheja Corporation (Mumbai), Salgaonkar (Goa), Viceroy Hotels (Hyderabad) and Panchshil Realty (Pune). The hospitality major currently has six properties in Mumbai, Goa, Hyderabad and Chennai and operates through five different brands, including Marriott, JW Marriott, Courtyard, Renaissance and Marriott Executive Apartments.
The strident support from the hotels comes at a time when the industry is itself caught off guard with a sharp dip in both in-bound traffic from foreign markets, reduced domestic traction as well as a total shut-down of MICE business that has led the country top players by market cap to lose over half their value in just a little over a month.
Maharaj Bhuralal from JW Marriott, Pune shares his special Navratri recipes.
Simple tips to make the most out of your spa visit.
Oozing elegance, she strode the ramp for designers Shantanu and Nikhil in a structured gown.
Meet Anna Fernandes of Quan Spa, JW Marriott Pune. She was awarded the Spa Manager of the Year at the GeoSpa Global Spa Awards 2018.
Since home-delivered meals from five-stars are cheaper by 15 to 20 per cent as compared to eating at the destination outside, food delivery has emerged as an important part of every restaurant's service portfolio.
The influx of such international hotels chains into India over the last two years has led to a sharp correction in room rates, not just in Pune but also in other hot spots like Bangalore, Mumbai, Delhi and Goa.
The company is confident that more hotel owners will be keen to associate themselves with the Hilton brand, the second-biggest hotel chain globally after Marriott.
Encouraged by a steady recovery seen in the first two weeks of February, hospitality firms expect the business hotels in metros including Mumbai, Bengaluru, Chennai, Kolkata and Hyderabad that have been lagging the leisure hotels in terms of revenue per available room (RevPar) to catch up in the coming months. Huge pent-up demand for MICE (meetings, incentives, conference and exhibitions) as companies slowly return to hosting physical events coupled with easing of the recently announced restrictions on international travel, will also help in getting closer to pre-Covid levels of revenue, they said. The Omicron wave that peaked in January had derailed the strong month-on-month recovery seen by the hotels since August.
'Children are curious by nature, so I thought of writing these books, which provide creative but convincing explanations and also teach values like sharing is caring,' Sudha Murty tells Chintan Girish Modi.
Readers share their love for food through photographs.
Marriott has the best breakfast in town. New Delhi airport has the best stores. Kishore Singh on the good, bad and worst among hotels, airports and airlines.
Six unique khichdi recipes will tantalise your taste buds this rainy season, says Mini Ribeiro.
A look at the top tweets from your favourite Bollywood celebrities.
An Al Qaeda document recovered by US Navy SEALs from the Abbottabad hideout of Osama bin Laden describes the 2008 Mumbai terror attack by Pakistan-based Lashkar-e-Tayiba terrorists as a "heroic Fidai" operation and the one at German Bakery in Pune as a "beautiful huge" bombing.
Sridevi talks about living a life marked by wellness and the secret to her beautiful skin and perfect body.
Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances