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Friday, September 20, 2024

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Microsoft eyes a stake in Oyo at $9 billion valuation

Microsoft is in advanced talks to acquire a strategic stake in homegrown budget hotel chain Oyo, according to reports. It is speculated that the...

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FHRAI reaches out to NITI Aayog on Oyo’s business practices

Federation of Hotel & Restaurant Associations of India (FHRAI) has submitted a representation to the CEO of NITI Aayog – Amitabh Kant – highlighting...

Editor Picks

11th IHHA Convention to be held from 19-20 Sep

The Indian Heritage Hotels Association (IHHA) is set to hold its 11th Annual Convention and...

Pune, Chennai lead July occupancy rates

In July 2024, nationwide hotel occupancy rates experienced a steady improvement, rising by 3 to...

Major cities see significant ADR growth

In Q2 2024, the hospitality sector experienced YoY growth due to an increase in average...

MakeMyTrip leads hotel bookings in India

MakeMyTrip has emerged as top choice for booking hotels, favoured by almost half of urban...

Hospitality sector sees 4.8% RevPAR growth in Q2 ’24: JLL

The Indian hospitality sector experienced a 4.8 per cent YoY growth in Revenue Per Available...