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

SECTOR | 11 Sep 2025, 03:42PM

India, ADB Ink $126 Million Loan Deal To Promote Tourism In Uttarakhand

NDTV Profit

The project aims to benefit over 87,000 residents and 2.7 million annual visitors through improved tourism planning, upgraded infrastructure, enhanced sanitation and waste management, and disaster preparedness.

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

Hotels, Restaurants & Tourism

SECTOR | 10 Sep 2025, 02:49PM

Pilgrimage sees 20% jump in high-value bookings as devotees upgrade stays

Business Standard

While most pilgrimage accommodation bookings (71 per cent) are for rooms priced below 4,500 per night, premiumisation is gaining clear momentum, according to a MakeMyTrip report

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

Pilgrimage Travel Rises 19% In FY25; Varanasi, Ayodhya Among Top Destinations: MakeMyTrip Report

NDTV Profit | 10 Sep 2025, 02:16PM

Hotels, Restaurants & Tourism

SECTOR | 09 Sep 2025

Sula bets big on wine tourism with new resort; tourism to contribute one-fifth to revenues by FY26 end

Business Line

Tourism already contributes about 100 crore to Sula's 600 crore turnover; it is expected to account for nearly one-fifth of revenues by end of FY26

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

Hotels, Restaurants & Tourism

SECTOR | 09 Sep 2025

Cleartrip grows 3-4 times faster than travel industry, plans new verticals

Business Standard

Flipkart-owned Cleartrip is growing three to four times faster than the travel industry in 2025 and plans to add new business lines, including hotels, trains and buses, to expand its reach

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

Hotels, Restaurants & Tourism

SECTOR | 07 Sep 2025

OYO changes corporate entity name to Prism

Business Line

The transition to Prism marks the establishment of a clearer and more future-ready corporate architecture, designed to align the company's expanding portfolio with its strategic vision

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

Oyo renames parent entity Oravel Stays to Prism to unify global brands

Business Standard | 07 Sep 2025

Hotels, Restaurants & Tourism

SECTOR | 06 Sep 2025

Delhi govt invites bids for 31.5L maintenance at Dilli Haat, INA

Business Standard

The Delhi government has invited bids for a comprehensive two-year maintenance contract at Dilli Haat INA, focusing on electrical installations, fans, distribution and LT panel boards, compound lighting, water pumping sets with an estimation of Rs 31,52,472. The initiative is part of the government's efforts to enhance public amenities and offer a hassle-free experience to visitors at one of the city's key cultural and retail hubs, the tender read. The maintenance work will be implemented by the Delhi Tourism and Transportation Development Corporation (DTTDC), which manages Dilli Haat INA with an estimated cost of Rs 31,52,472. It said that the contract covers routine day-to-day maintenance and operational services, including repairs and replacements, excluding certain spare parts which will be provided by the in-charge at the site. killed manpower, including electrical wiremen and helpers, will be deployed in shifts to ensure seamless service delivery at all times, including weeke

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

Hotels, Restaurants & Tourism

SECTOR | 05 Sep 2025

OYO's Q1FY26 profit more than doubles to 200 crore, plans 1:1 bonus shares

Business Standard

IPO-bound travel tech platform OYO's profit after tax (PAT) more than doubled to Rs 200 crore in the first quarter, on the back of robust revenue growth, Founder Ritesh Agarwal shared in an email to the top management on Friday. The email, accessed by PTI, also mentions that the company's revenue grew 47 per cent to Rs 2,019 crore in the April-June period, from Rs 1,371 crore in the year-ago period. The revenue growth was led by premiumisation of hotel inventory and better room utilisation, Agarwal said in a email. The gross booking value (GBV) reached Rs 7,227 crore in the first quarter of the current fiscal year, marking a significant 144 per cent increase year-on-year from Rs 2,966 crore a year earlier. OYO had recorded a profit after tax of Rs 87 crore in the corresponding quarter of the previous year. In a letter to shareholders, the company has sought approval to issue bonus shares in a 1:1 ratio, which will double its authorised share capital to Rs 24,31,13,59,300. It has

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

Hotels, Restaurants & Tourism

SECTOR | 04 Sep 2025

Diageo India partners with THSC to train 300 youth for different roles

Business Standard

Alcohol beverage company Diageo India on Thursday said it has inked an agreement with the Tourism and Hospitality Skill Council (THSC) to train 300 students under its 'Learning for Life' programme for roles in the hospitality, business, and service sectors. The Memorandum of Understanding (MoU) involves classroom-based training programmes to be conducted at THSC-affiliated centres in Bengaluru by certified trainers and assessors. Designed as a short-term skilling initiative for unemployed and underprivileged youth, the curriculum is aligned with the National Skill Qualification Framework (NSQF), covering technical training, communication, digital literacy, and soft skills to prepare candidates for roles in the hospitality, business, and service sectors, with the objective of enhancing employability and bridging industry skill gaps. Diageo India MD and CEO Praveen Someshwar said that the hospitality sector is a vital engine of growth and opportunity. "Through 'Learning for Life' and

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

Hotels, Restaurants & Tourism

SECTOR | 04 Sep 2025

Hotels: Sector Update

Hotels, Restaurants & Tourism

IDBI Capital

In our monthly Hotels update we have summarized key events of the domestic hotel industry, new hotels signing/addition by key players during the month and pricing trend of key cities for August, 2025. We have analyzed pricing of 171 hotels with ~33,000 keys across 8 cities to understand the trend over last 24 months (Exhibit 1-8). The industry had another month of ADR improvement on both YoY as well as MoM in key selected markets. We anticipate further strengthening of ADR aided by festive season followed by wedding season. We remain positive on domestic hospitality space led by demand-supply mismatch, FTA, increased corporate travel, and MICE will aid...

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

Hotels, Restaurants & Tourism

SECTOR | 29 Aug 2025

Robust start to FY26; Southern cities anchor demand upside

Hotels, Restaurants & Tourism

Motilal Oswal

With a strong start to FY26, the Indian hospitality industry is well poised to continue its growth momentum, with healthy RevPAR growth in FY26.

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