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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,......

In FY17 hotel occupancies hit 9-year high of 65%

Corporate clients form more than half of the business for most branded hotels, especially in cities. A double-digit tariff growth, the first after a nine-year gap, is welcoming branded hotels in......

Services industry slowest in 13 months as demand tumbled

Receptionists attend to guests at their counter inside the Crown Plaza hotel, run by the InterContinental Hotels Group (IHG), in New Delhi. Photograph: Anindito Mukherjee/Reuters Activity in......

InterContinental plans 47 new hotels in India by 2017

Global hospitality major InterContinental Hotels Group (IHG) on Wednesday said it plans to open 47 new hotels in India by the end of 2017 thereby taking its room strength to over 12,000 in the......

Web results for Ihg

SAMHI Hotels IPO, PMC Bank Fiasco, and Top Cues in Focus Today

Posted by Equitymaster Indian share markets ended their day on a positive note yesterday. At the closing bell yesterday, the� BSE Sensex �stood... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/nBBdwpnSjo0/tm.asp

IHG plans to increase luxe footprints in India

IHG plans to increase luxe footprints in India ...

http://timesofindia.indiatimes.com/business/india-business/ihg-plans-to-increase-luxe-footprints-in-india/articleshow/71931622.cms

Holiday Inn-owner IHG hit by weak China, Hong Kong bookings

Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/z85By-snWuk/holiday-inn-owner-ihg-hit-by-weak-china-hong-kong-bookings-idINKBN1WX0ZC

Indian owner of Marriott-operated hotels files for IPO

SAMHI Hotels Ltd, the owner of the largest number of Marriott and IHG -operated hotels in India, has filed for an initial public offering (IPO) to... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/ibrF5Ab8H_A/indian-owner-of-marriott-operated-hotels-files-for-ipo-idINKBN1WA0TW

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