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Friday, November 8, 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

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...

IHCL signs management deal for The Claridges, New Delhi

IHCL has signed a management contract for The Claridges, New Delhi, starting in April 2025....

AI surveillance in hotels: HRAWI raises concerns

HRAWI has vehemently opposed a recent directive issued by the Maharashtra Government, which mandates the...

Wyndham, IIHM join hands to shape future hoteliers

Wyndham Hotels & Resorts has signed a MoU with the International Institute of Hotel Management...