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

SECTOR | 29 Nov 2024

40 tourism projs get approval to boost lesser-known destinations in India

Business Standard

Forty projects worth over Rs 3,295 crore and spanning 23 states have received nod from the Centre for developing lesser-known destinations into iconic sites and promote a more balanced distribution of tourists across the country. As per the directives of the Department of Expenditure, the Ministry of Tourism issued operational guidelines for Special Assistance to States/Union Territories for Capital Investment (SASCI) for the development of iconic tourist centres, officials said. The Ministry of Tourism circulated the SASCI guidelines to the state governments with a request to formulate and submit the project proposals to the ministry, which are iconic in nature and can create impactful destinations, they said. By the last date of submission, October 15, 2024, a total of 87 project proposals were received costing more than Rs 8,000 crore, a senior official in the ministry said. Thereafter, the Ministry of Tourism in line with the guidelines and as per the procedure or criteria,...

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

Hotels, Restaurants & Tourism

SECTOR | 27 Nov 2024

abCoffee appoints Rohit Tiwari as president of operations

Business Line

Rohit Tiwari brings the experience of having built teams at OYO and Prepladder and driven customer acquisition and network expansion at Airtel Payments Bank

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

Hotels, Restaurants & Tourism

SECTOR | 25 Nov 2024

Superhero minus cape: CCPA wants to protect Indian consumers but its hands are tied

livemint

India's Central Consumer Protection Authority has been hitting headlines for action against companies that have allegedly violated consumer rights. The list is long from Ola Electric and MakeMyTrip to Indira IVF and Byju's IAS. We tell you about the regulator's most potent tool, and its challenges

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

MakeMyTrip offers multi currency payment options

Business Line | 25 Nov 2024 2 more

Hotels, Restaurants & Tourism

SECTOR | 21 Nov 2024

Israel Aims For 10,000 Indian Tourists In 2024, Plans E-Visa Facility

NDTV Profit

According to the Israel Ministry of Tourism India Director of Marketing, Amruta Bangera, around 8,500 Indian tourists visited the West Asian country till October this year.

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

Hotels, Restaurants & Tourism

SECTOR | 18 Nov 2024

MakeMyTrip to acquire Happay from CRED, eyes corporate travel leadership

livemint

With the acquisition, MakeMyTrip aims to become the go-to platform for comprehensive corporate travel and expense management solutions

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

MakeMyTrip to acquire Happay's expense management platform from CRED

Business Standard | 18 Nov 2024 1 more

Hotels, Restaurants & Tourism

SECTOR | 15 Nov 2024

EaseMyTrip To Acquire Planet Education Australia, Expanding Into Study Tourism Sector

NDTV Profit

Sydney-headquartered Planet Education has a presence across 25 offices globally and connections with over 350 universities worldwide.

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

Hotels, Restaurants & Tourism

SECTOR | 14 Nov 2024

Thailand set to reap $2 bn Rainbow Tourism boon with same-sex marriage law

Business Standard

The same-sex law that's slated to take effect in January will also create 152,000 full-time equivalent jobs and will help lift the nation's gross domestic product by 0.3 per cent

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

Hotels, Restaurants & Tourism

SECTOR | 12 Nov 2024, 10:43AM

Chalo India campaign will energise diaspora ambassadors: Gajendra Shekhawat

Business Standard

Tourism Minister Gajendra Singh Shekhawat has called on the Indian diaspora in the UK to embrace the Chalo India campaign to encourage more travellers to explore the abundance of tourist sites on offer in the country. During his visit to London for the World Travel Market (WTM) last week, the minister highlighted the Chalo India initiative launched by Prime Minister Narendra Modi earlier this year to support members of the Indian diaspora around the world in showcasing the rich bounty of destinations on offer in India. I feel with this Chalo India campaign you are going to work as travel and tour ambassadors of our great nation, Shekhawat said during a special Indian-themed gathering on the sidelines of WTM. All our diaspora Bharatiya in the UK will be brand ambassadors of this initiative and invite their non-Indian friends to witness new India in all its glory, he said. Shekhawat highlighted his ministry's offer of one lakh gratis e-tourist visas for foreign guests travelling unde

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

J&K CM Abdullah calls for sustainable, high value tourism policy in state

Business Standard | 11 Nov 2024, 09:51PM

Hotels, Restaurants & Tourism

SECTOR | 10 Nov 2024

Kerala set to start its seaplane service from Kochi, looks forward to boost in tourism

Business Line

Kerala Tourism Minister Mohamed Riyas will flag off the trial run on Monday

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

Hotels, Restaurants & Tourism

SECTOR | 09 Nov 2024

India's Tourism And Hotels Boom Boosted By 'Wed in India' And Infra Growth: Indian Hotels CEO

NDTV Profit

Managing Director and Chief Executive Officer, Puneet Chhatwal believes that a rising interest in destination weddings are positioning India as the go-to spot.

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