Sector Hotels, Restaurants & Tourism - Latest news, views and updates

SECTOR | 12 Jun 2024, 09:43AM

Have been given big responsibility, reached here with support: Suresh Gopi

Business Standard

Union Minister Suresh Gopi on Wednesday said he has been given a big responsibility and he got a new role as a member of Narendra Modi-led government due to the support of the people from all walks of life. Gopi, who returned to Kerala for the first time after becoming MoS for Tourism and Petroleum, visited the Thali Mahadeva temple in Kozhikode city this morning to pray. Later speaking to reporters, the actor -turned politician said he has a lot of connections with people and temples, and he has taken all that into account. "People from all walks of life supported me. I cannot cut all that away. I have taken up a responsibility. I have reached here with everyone's support," he said. Gopi said that it will be the people who will keep him close. As MoS Tourism of India, Gopi said he has a huge responsibility, and his duties would include identifying the prime spots in the country for tourist activities. For now, the PM has spoken to him only about Kerala, he added. Gopi also refu

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

Hotels, Restaurants & Tourism

SECTOR | 03 Jun 2024

Hotels: Sector Update

Hotels, Restaurants & Tourism

IDBI Capital

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

Hotels, Restaurants & Tourism

SECTOR | 30 May 2024

OYO reports maiden profitable fiscal year with 100 crore, says founder Ritesh Agarwal

Business Line

This was our eighth consecutive quarter of positive EBITDA, says OYO founder Ritesh Agarwal

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

Hotels, Restaurants & Tourism

SECTOR | 27 May 2024

OYO Parent Oravel Stays Sees Rating Upgrade By Fitch

NDTV Profit

OYO had recently concluded a debt buyback of $195 million (Rs 1,620 crore).

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

Hotels, Restaurants & Tourism

SECTOR | 27 May 2024

Spain To Switzerland Top 10 Countries For Travel And Tourism In 2024

NDTV Profit

Europe and Asia-Pacific regions and high-income economies in particular continue to have the most favourable conditions for T&T development.

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

Hotels, Restaurants & Tourism

SECTOR | 26 May 2024

Summer Travel Sees 40% Surge; Hospitality Sector Witnesses Strong Demand

NDTV Profit

MakeMyTrip reports a 20% growth in family travel and a 10% rise in solo travel this summer.

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

Summer travel up 40% this year; hospitality, travel services providers see buoyant demand

Business Line | 26 May 2024

Hotels, Restaurants & Tourism

SECTOR | 23 May 2024

Indian Travel And Tourism Sector Well-Positioned To Capitalise Growth, Says IHCL MD

NDTV Profit

Indian travel and tourism sector well-positioned to capitalize on growth opportunities, says IHCL MD Puneet Chhatwal in the company's Annual Report for 2023-24.

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

Hotels, Restaurants & Tourism

SECTOR | 22 May 2024

OYO Mulls Fundraising At Up To $4 Billion Valuation, Ritesh Agarwal Says

NDTV Profit

New Delhi, May 22 (PTI) Private investors have approached travel tech platform OYO and it may raise equity at a valuation of up to USD 4 billion, Founder Ritesh Agarwal told employees in a townhall on Wednesday, sources said.

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

Hotels, Restaurants & Tourism

SECTOR | 21 May 2024

India Climbs To 39th Place In WEF Travel & Tourism Index, Leading South Asia

NDTV Profit

India was ranked 54th in the previously published index in 2021, though changes made to the index parameters limit its comparability to earlier years.

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

Hotels, Restaurants & Tourism

SECTOR | 18 May 2024

OYO withdraws DRHP, to refile IPO post refinancing: Sources

Economic Times

Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said.

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