Hospitality

Hospitality News

Hospitality business: How to stay ahead in competition
Opinion

Hospitality business: How to stay ahead in competition

Creating a competitive advantage for your hospitality business is not an overnight task, but requires a business to focus on its strengths and weaknesses in a phased manner

Podcast; Voices from the Lockdown: Kashmir's economy, one year since Article 370's abrogation
India

Podcast; Voices from the Lockdown: Kashmir's economy, one year since Article 370's abrogation

This episode of Voices from the Lockdown will attempt to highlight dying tourist revenue and the crumbling economy in the valley, through interviews with various stakeholders from Kashmir.

COVID-19-hit US unlikely to be in EU's list of safe countries as Europe prepares to reopen to foreigners
World

COVID-19-hit US unlikely to be in EU's list of safe countries as Europe prepares to reopen to foreigners

European Union envoys are close to finalising a list of countries whose citizens will be allowed to enter Europe again, possibly from late next week, EU diplomats confirmed Saturda

H-1B visa suspension: Remote working during COVID-19 lockdown insulates India's IT sector; Indian talent will be in demand, say experts
World

H-1B visa suspension: Remote working during COVID-19 lockdown insulates India's IT sector; Indian talent will be in demand, say experts

Analysts and sector specialists said that the latest move by the Trump government is not expected to have much impact on the Indian tech sector which has a significant presence in the US.

OYO takes measures to mitigate COVID-19 impact, offer quality hospitality experience
Business

OYO takes measures to mitigate COVID-19 impact, offer quality hospitality experience

Hospitality firm OYO on Tuesday said it is taking several measures to minimise the impact of COVID-19, and innovating to meet new standards of good quality hospitality experience at its hotels

COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar; Bengaluru worst-hit, says report
Business

COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar; Bengaluru worst-hit, says report

In revenue per room, the maximum fall was seen in Bengaluru at 28.5 percent, followed by Delhi 20.3 percent, Mumbai 20 percent, Kolkata 19.8 percent

Coronavirus Outbreak: SBI says difficult to take medium, long-term impact on banking sector during lockdown
Business

Coronavirus Outbreak: SBI says difficult to take medium, long-term impact on banking sector during lockdown

The SBI official also said the Indian Banks Association (IBA) is also evaluating measures, which can be taken by the banks in this situation

Coronavirus Outlook: Hotel industry mulls pay cuts, reducing manpower to tide over lockdown woes
Business

Coronavirus Outlook: Hotel industry mulls pay cuts, reducing manpower to tide over lockdown woes

The hospitality industry has taken up various measures to overcome the impact due to lockdown to contain the spread of coronavirus which include pay cuts, use of short staff besides engaging in partial operation, officials said

Stranded in Valley since March due to lockdown, mother and son from Mumbai say 'Kashmiri hospitality has restored faith in humanity'
India

Stranded in Valley since March due to lockdown, mother and son from Mumbai say 'Kashmiri hospitality has restored faith in humanity'

As the world is gripped by the coronavirus pandemic and people are consumed by thoughts of their safety and how to arrange for supplies, a mother and son from Mumbai stranded in Kashmir since March due to the lockdown say the hospitality of a Pulwama family has "restored their faith in humanity."

Coronavirus Outbreak: India’s tourism sector may lose Rs 5 lakh cr revenue, 4-5 cr jobs could be cut
Business

Coronavirus Outbreak: India’s tourism sector may lose Rs 5 lakh cr revenue, 4-5 cr jobs could be cut

The coronavirus pandemic would have a debilitating impact on India's tourism sector with the industry estimating an overall loss of Rs 5 lakh crore and job cuts for 4-5 crore people

Coronavirus Outbreak: Narendra Modi asks corporates to maintain production lines of essential commodities, prevent black marketing
Business

Coronavirus Outbreak: Narendra Modi asks corporates to maintain production lines of essential commodities, prevent black marketing

Prime Minister Narendra Modi on Monday asked Indian companies to maintain production lines of essential commodities and ensure there is no hoarding as well as black marketing in the wake of the country fighting the coronavirus outbreak

Govt asks state-run banks to provide liquidity support to corporate borrowers; SBI rolls out emergency credit line
Business

Govt asks state-run banks to provide liquidity support to corporate borrowers; SBI rolls out emergency credit line

Small businesses have been approaching banks to provide additional liquidity support, also warning that loan repayments may be delayed.

Coronavirus Outbreak: How a prolonged shutdown will affect India’s salaried class, jobs, farm production, manufacturing
India

Coronavirus Outbreak: How a prolonged shutdown will affect India’s salaried class, jobs, farm production, manufacturing

The government sector has been one of the drivers of the economy but will have to change track this year.

Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days
Business

Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days

The coronavirus outbreak happened to be a major setback for hopes of a revival in beleaguered auto sector of the country, which had grappled in the red zone due to sharp fall in demand for over two quarters.

Industry body fears coronavirus may render 3.8 cr people jobless in India's tourism, hospitality sectors; seeks funding for 12 months
Business

Industry body fears coronavirus may render 3.8 cr people jobless in India's tourism, hospitality sectors; seeks funding for 12 months

The coronavirus impact could render 3.8 crore people jobless, which is around 70 percent of the total workforce in the tourism and hospitality sector, according to a grouping

Coronavirus impact may render 3.8 cr people jobless in tourism, hospitality sector in India
Business

Coronavirus impact may render 3.8 cr people jobless in tourism, hospitality sector in India

The coronavirus impact could render 3.8 crore people jobless, which is around 70 percent of the total workforce in the tourism and hospitality sector, according to a grouping

Coronavirus will paralyse gig economy, big businesses; it's up to policymakers to not let this become full-blown economic crisis
Business

Coronavirus will paralyse gig economy, big businesses; it's up to policymakers to not let this become full-blown economic crisis

To address the problems arising out of the unique structure of the Indian economy and to ensure that the economic engine keeps cranking, both monetary and fiscal measures will be required soon.

Hilton to send cookie dough and special oven to the ISS to bake first space cookie
science

Hilton to send cookie dough and special oven to the ISS to bake first space cookie

Doubletree by Hilton will be the first hospitality company to conduct research on the ISS.

Tata Group's hospitality arm IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel acquisitions
Business

Tata Group's hospitality arm IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel acquisitions

Tata Group's hospitality arm IHCL on Friday said it has tied up with Singapore's sovereign wealth fund GIC to invest Rs 4,000 crore to acquire hotels

ITC Chairman YC Deveshwar leaves behind rich legacy, was giant in corporate world, say political, business leaders
Business

ITC Chairman YC Deveshwar leaves behind rich legacy, was giant in corporate world, say political, business leaders

Deveshwar (72), who stepped down from executive role as chairman and CEO in 2017 but remained as a non-executive chairman, breathed his last at a private hospital in Gurugram.