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

SECTOR | 23 Dec 2024

Hyatt in exclusive talks with Playa Hotels on options, including buyout

Business Standard

Playa, which runs 24 high-end, all-inclusive resorts across Mexico, said its board has been evaluating opportunities and has engaged with a number of potential counterparties

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

Hotels, Restaurants & Tourism

SECTOR | 22 Dec 2024

Bihar receives record Rs 1.81 trillion investment proposals, says minister

Business Standard

"Ab humara samay hai" - The time for Bihar has come, said state's Industries and Tourism Minister Nitish Mishra after it received a record Rs 1.81 lakh crore worth of investment proposals in its only second investor meet. Mishra said the focus will now shift to providing all the promised support to the investors so that the units could start quickly. "I am very happy personally and very satisfied, and I am thankful to my team in the industry department who has been for the last few months working on their toes, holding a series of events in different states, interacting with the business community, trying to pitch Bihar and the advantage Bihar," he said. The state signed with an array of companies' memorandum of understanding (MoUs), committing Rs 1.81 lakh crore of investment at the second edition of the Bihar Business Connect investor summit last week. "To be very honest, even we were not expecting this kind of figure," he said. "From now on it will be the emergence of a new...

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

Hotels, Restaurants & Tourism

SECTOR | 20 Dec 2024

Bihar Secures Rs 1.8 Lakh Crore Investments At Business Connect 2024; Sun Petrochem, Adani Group Top Investors

NDTV Profit

Announcing the investment proposals received at the end of the two-day Bihar Business Connect 2024 investor summit, Industries & Tourism Minister Nitish Mishra said several memorandum of understanding or MoUs entailing investment of over Rs 1.8 lakh crore have been signed.

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

Hotels, Restaurants & Tourism

SECTOR | 18 Dec 2024

Tourism minister asks industry body to prepare for infra status for sector

Business Standard

According to the Ministry of Tourism, India recorded 47.78 lakh (provisional) foreign tourist arrivals (FTAs) during January-June 2024

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

Hotels, Restaurants & Tourism

SECTOR | 18 Dec 2024

More Indians Are Opting For Premium Holidays This Christmas Season

NDTV Profit

Canada and Maldives were the only two destinations among the top 20 global favourites that saw a drop in searches, according to MakeMyTrip data.

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

Hotels, Restaurants & Tourism

SECTOR | 17 Dec 2024

Telangana Unveils Tourism Policy, Eyes Rs 15,000 Crore investments In Five Years

NDTV Profit

Through the policy, the state government will be promoting safe tourism by creating dedicated tourist police units/tourist patrols across key tourist destinations.

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

Indian arrivals in Thailand top 2 million asairlines expand connectivity

Business Line | 17 Dec 2024 5 more

Hotels, Restaurants & Tourism

SECTOR | 17 Dec 2024

Premium stays and solo escapes among India's year-end travel trends: Report

Business Standard

Goa, UAE shine as top domestic and international travel destination for Indians this season, with more people opting for holiday packages, reveals MakeMyTrip report

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

Hotels, Restaurants & Tourism

SECTOR | 16 Dec 2024

Maha Kumbh 2025 to offer unique digital experience with AI chatbot

Business Standard

The Maha Kumbh-2025 will offer a unique digital experience to people across the globe, allowing them to get a memorable token of the event. The Maha Kumbh-2025 will be held in Prayagraj from January 13 to February 26. This initiative, part of the Digital Maha Kumbh vision led by Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath, introduces AI Generative Chatbot technology for the first time, officials said on Monday. By simply scanning the QR code, users can receive a personalised Maha Kumbh certificate with their photo on it, which can also be saved digitally or printed. The AI chatbot also provides complete details about every event and major programme of the Maha Kumbh. Regional Tourism Officer, Prayagraj, Aparajita Singh, said under the chief minister's guidance, preparations are underway on war-footing to make the Maha Kumbh a grand, spiritually elevating and hi-tech event. In line with this vision, officials from the Tourism Department, along wit

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

Hotels, Restaurants & Tourism

SECTOR | 16 Dec 2024

Travel Tips: Eight Things You Should Do To Ensure Your Vacation Is Not Heavy on Pocket

NDTV Profit

Planning a holiday can be costly, but these travel budget tips help manage expenses. Save on tickets, food, and stays while enjoying a great travel experience without compromising.

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

Hotels, Restaurants & Tourism

SECTOR | 13 Dec 2024

Nuvama Wealth buys OYO shares worth Rs 100 cr in secondary market

Business Standard

Nuvama Wealth and Investment Limited has acquired shares worth Rs 100 crore in OYO's parent firm Oravel Stays Limited at Rs 53 per share on behalf of its investors, a clutch of family offices, through a secondary market transaction, sources said. The share sale at Rs 53 apiece translates to a valuation of USD 4.6 billion for the travel tech unicorn. "These shares are being offered by OYO's early investors, presenting an opportunity for partial exits while potentially introducing new strategic investors to the company's cap table," a source told PTI. A cap table (or capitalization table) is a document, like a table, that details who has ownership in a company. It lists all the securities or the number of shares including stock, convertible notes, warrants, and equity ownership grants. According to sources, discussions are also at an advanced stage with other potential buyers, including Incred, who are exploring stake purchases in the hospitality major at prices ranging between Rs 53

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