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Hotels, Restaurants & Tourism

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Hotels, Restaurants & Tourism

SECTOR | 14 Oct 2024

OYO in talks to raise $200 million; eyes valuation of $4.5-5 billion

Business Standard

OYO to refinance its $450 mn of outstanding debt

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IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 04 Sep, 2025.

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Hotels, Restaurants & Tourism

SECTOR | 12 Oct 2024

Indigenous tourism to contribute $67 bn to global economy by 2034: WTTC

Business Standard

Indigenous tourism is projected to contribute USD 67 billion to the global economy by 2034, according to the World Travel & Tourism Council (WTTC). 'Supporting Global Indigenous Tourism,' a report released by the world tourism body at its recent Global Summit at Perth in Western Australia showcases the role of indigenous tourism in driving economic growth, particularly in remote regions, and its vital contribution for cultural preservation and community empowerment. Speaking at the summit, Julia Simpson, WTTC president and CEO said, Indigenous tourism is not only about showcasing rich cultural traditions; it is about empowering communities, creating sustainable jobs, and ensuring that Indigenous people are in control of their own stories and economic futures. This report demonstrates the immense potential of indigenous tourism to drive economic growth, particularly in remote regions, while preserving invaluable cultural heritage. As global demand for authentic experiences...

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IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 04 Sep, 2025.

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Hotels, Restaurants & Tourism

SECTOR | 11 Oct 2024

Sula Vineyards Q2 Updates: Highest Ever Own Brand And Wine Tourism Revenue

NDTV Profit

However, the country's biggest winemaker generated muted revenue in the quarter ended September 2024 due to a broader slowdown in discretionary spending at the macroeconomic level.

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IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 04 Sep, 2025.

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Hotels, Restaurants & Tourism

SECTOR | 11 Oct 2024

IPO-bound OYO rejigs top leadership with five elevations

Business Line

OYO Europe President Ayush Mathur will move on to build his own startup, the company says

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IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 04 Sep, 2025.