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Friday, September 20, 2024

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FHRAI writes to SEBI, demands suspension of OYO IPO

FHRAI has sought SEBI’s intervention to suspend OYO’s IPO and reject its DRHP. The submission to the market regulator highlights irregularities like being engaged...

INDUSTRY

Zomato gets SEBI’s go-ahead to float Rs 8,250-cr IPO

Zomato has received markets regulator SEBI's go-ahead to raise Rs 8,250 crore through an initial share-sale. The initial public offer (IPO) comprises fresh issue...

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...