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Friday, November 22, 2024

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INDUSTRY

Airbnb reports 1Q loss of nearly USD 1.2 billion, revenue rises

Airbnb reported that its first-quarter loss more than tripled, to $1.17 billion, as travel remained depressed by the pandemic and the company was weighed...

INDUSTRY

Airbnb valuation shoots past $100 Billion

Airbnb opened at $146 on the Nasdaq, far above the IPO price of $68 per share that raised $3.5 billion for the company. The...

Editor Picks

Hospitality sector grows 10.8% YoY: JLL

India’s hospitality industry witnessed a 10.8 per cent YoY increase in Q3 2024, as per...

HAI advocates incentives for sustainable hotels

The Hotel Association of India (HAI) is exploring the possibility of requesting government incentives to...

Foxoso Group adopts AxisRooms for revenue boost

The Foxoso Group of Hotels in India has opted for AxisRooms’ Channel Manager solution to...

Mandi’s hospitality sector sets new cleanliness standards

76 hotels, homestays, and guest houses in Mandi district have earned the Green Leaf rating...

Bengaluru leads hotel demand in India in Sept

India’s hospitality sector displayed steady growth and stability in September 2024, with national occupancy rates...