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'Terrorists will not check in as guests'
The terrorists apparently just walked into the Trident and began spraying the lobby with bullets, said top Oberoi management. With that one statement, they refuted all rumours that Oberoi or......
Ambani buys Britain's iconic country club Stoke Park
Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore). The acquisition adds to......
Budget hotels beat 5-star peers in revenue growth
The data shows the average room rate of two-star hotels increased by 8.5 per cent in FY18, even though it lagged on occupancy at 61.8 per cent, down 1.4 per cent year-on-year It is not the four-......
Post fundraising, OYO's estimated value is pegged at $5 billion
This e-series funding round also makes OYO the most valued hospitality company in the country, ahead of the Tata group’s Indian Hotels Company, which owns the Taj brand of hotels, and EIH,......
The Oberoi is yet to get its glory back!
An industry executive said The Oberoi had a lot of C-Suite guests and most such companies decide to give a new or renovated property some time to stablise before they start booking. The......
Domestic travellers are high rollers at Indian hotels
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors Indians are travelling more and their......
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