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

Hotels, Restaurants & Tourism

SECTOR | 12 Mar 2025

Women account for 16 per cent of corporate travellers: MakeMyTrip data

Business Line

Data comes from flight bookings by 3,000 companies with more than 200 on their rolls

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

Only 1 in 6 corporate flyers in 2024 was a woman; Mumbai leads among metros

Business Standard | 12 Mar 2025

Hotels, Restaurants & Tourism

SECTOR | 12 Mar 2025

Mohandas Pai slams Bengaluru's 'Chaar Jam Yatra,' calls city's traffic a sad joke' traffic

Business Today

A viral post advertising a satirical "4-day, 3-night Bangalore Tourism" package highlighted the city's most traffic-jammed pointsOuter Ring Road, Silk Board Junction, Marathahalli, and HSR Layoutas if they were sightseeing destinations

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

Hotels, Restaurants & Tourism

SECTOR | 12 Mar 2025

Nearly 24.4 mn tourists visited state in last 4 yrs: Assam tourism minister

Business Standard

Assam Tourism Minister Ranjeet Kumar Dass said in the state assembly that, more than 24.3 million domestic tourists and 60,306 foreign tourists visited Assam in last four years

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

Hotels, Restaurants & Tourism

SECTOR | 10 Mar 2025

No study conducted on air pollution's impact on tourism: Govt in Parliament

Business Standard

No study has been instituted by the Ministry of Tourism to assess the impact of air pollution on tourism and revenue loss due to travel advisories and cancellations related to it, the government informed Parliament on Monday. Union Tourism Minister Gajendra Singh Shekhawat said this in a written response to a query in the Lok Sabha. The ministry was asked whether the government has conducted any assessment of the economic impact on tourism due to deteriorating air quality in major tourist destinations, particularly in north India. The government was also asked the details of estimated revenue loss to the tourism sector during the last three years due to travel advisories and cancellations related to air pollution. "No such study has been instituted by Ministry of Tourism, Government of India to assess the impact of air pollution on tourism and revenue loss due to travel advisories and cancellations related to air pollution," the minister said. The ministry was also asked whether t

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

Tourism in border areas revived after ceasefire in J-K: CM Omar Abdullah

Business Standard | 10 Mar 2025

Hotels, Restaurants & Tourism

SECTOR | 09 Mar 2025

Tourism rebounds in Gulmarg as Khelo India Winter Games kick off

Business Line

The event features more than 400 athletes and 100 team officials, representing 30 teams across the country

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

Hotels, Restaurants & Tourism

SECTOR | 07 Mar 2025

Kavikrut appointed T-Hub CEO

Business Line

With over 17 years in leadership roles, Kavikrut worked as the Chief Growth Officer at OYO, where he helped the hospitality aggregator expand its footprint to over 100 cities and towns in the country

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

Hotels, Restaurants & Tourism

SECTOR | 07 Mar 2025

OYO elevates Sonal Sinha as CEO of newly-acquired G6 Hospitality

Business Standard

Global travel-tech unicorn OYO on Friday announced the appointment of Sonal Sinha as Chief Executive Officer of G6 Hospitality, the American motel firm it recently acquired from Blackstone Real Estate. The acquisition, which was completed in December last year, added 1,500 franchised hotels across the US and Canada to OYO's portfolio, significantly expanding its North American presence. According to OYO, the combined entity is projected to generate a gross booking value of approximately USD 3 billion, with G6 Hospitality, which operates the Motel 6 and Studio 6 brands, contributing USD 1.7 billion. The integration of G6's portfolio with OYO's existing operations is expected to create significant synergies and accelerate growth across international markets, the company stated. "Sonal has been instrumental in driving OYO's international business to new heights," said OYO Founder & Group CEO Ritesh Agarwal. "His deep understanding of our operations and proven track record of...

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

Hotels, Restaurants & Tourism

SECTOR | 07 Mar 2025

PM Modi promotes tourism in Uttarakhand, urges people to visit in winter

Business Standard

Prime Minister also branded Uttarakhand's winter tourism as 'Gham Tapo Tourism' (Basking in the Sun Tourism)

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

Hotels, Restaurants & Tourism

SECTOR | 05 Mar 2025

Mangaluru's Sasihithlu beach to host India Paddle Festival

Business Line

A media statement said that Incredible India' of Union Ministry of Tourism, and Karnataka Tourism have extended support as the Presenting Partner' to the event for the first time

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

Hotels, Restaurants & Tourism

SECTOR | 05 Mar 2025

OYO Expects To Post Rs 1,100 Crore Profit In FY26, Says Founder Ritesh Agarwal

NDTV Profit

The company expects Ebitda of Rs 2,000 crore for the same period, on the back of a strong top-line growth, buoyed by the recent Motel 6 acquisition.

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

OYO estimates Rs 1,100 cr PAT, Rs 2K cr Ebitda for FY26: Ritesh Agarwal

Business Standard | 05 Mar 2025