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

SECTOR | 03 Jun 2025

Watch out for these stocks today: Infosys, Biocon, RInfra, Oil India, Adani group, NTPC Green, Golden Tobacco, MakeMyTrip, Gravita India

Business Line

Block deals in Zinka Logistics, Aptus Life Housing Finance?

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

Hotels, Restaurants & Tourism

SECTOR | 02 Jun 2025

MakeMyTrip adds 'seat availability forecast' feature to ease train bookings

Business Standard

Travel booking major MakeMyTrip on Monday launched Seat Availability Forecast, providing a predictive view of when seats on a selected train are likely to sell out. The Gurugram-headquartered firm said its data shows that nearly 40 per cent of users book train tickets across multiple sessions, often over several days. Among these users, close to 70 per cent end up booking waitlisted tickets, simply because confirmed seats are no longer available by the time their plans firm up. Reserved train tickets in India open for booking 60 days ahead of departure. However, most travellers only finalise their plans much closer to the date, MakeMyTrip stated. "With demand patterns varying significantly from week to week, the window for confirmed bookings keeps shifting. In April, most high-speed trains were sold out around 13 days before the departure date. By May, due to rising demand, they were typically booked out more than 20 days before departure," the NASDAQ-listed company said. For...

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

MakeMyTrip launches train seat prediction tool to reduce waitlisted fares

Business Standard | 02 Jun 2025 1 more

Hotels, Restaurants & Tourism

SECTOR | 02 Jun 2025

Rising Covid cases hit hotel bookings in Rajasthan amid travel fears

Business Standard

Tourism contributes around 12 per cent to 14 per cent to Rajasthan's economy, according to industry estimates. Over 7.5 million people are employed in the industry

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

Hotels, Restaurants & Tourism

SECTOR | 30 May 2025

IPO-bound Oyo seeks to rename parent firm to pursue premiumisation

Business Standard

OYO Founder Ritesh Agarwal has invited name suggestions for its parent firm Oravel Stays, in a strategic move as the global travel tech platform prepares to launch its IPO and looks to have more premium segment offerings. There is a high possibility that the name chosen through the exercise may end up being the name of the premium hotels app that OYO has been working to launch in the near future, people familiar with the strategy told PTI. Agarwal took to social media platforms to seek name suggestions to help craft a "new identity". "We're renaming the corporate brand behind it all. Not the hotel chain, not a consumer product -- but the parent company powering a global ecosystem of urban innovation and modern living. We believe it's time the world had a new kind of global brand -- born in India, but built for the world," the OYO founder said in the post on Thursday. Agarwal shared that it should be a bold, one-word corporate name, global in feel, not tied to one culture or languag

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

Hotels, Restaurants & Tourism

SECTOR | 29 May 2025

Five banks set to present OYO's IPO plans to SoftBank in London next month

Business Standard

Global travel-tech unicorn OYO has arranged for five investment banks to meet its key shareholder SoftBank in June, in a crucial presentation that could determine the company's path to public listing, sources said. The banks include Citi, Goldman Sachs and Jefferies from the global banking consortium, alongside ICICI Securities and Axis Capital representing Indian financial institutions. SoftBank, which remains one of OYO's largest shareholders, is interested in understanding the key positioning strategies, expected valuation metrics and anticipated investor appetite for the offering. The high-stake meeting is scheduled to take place at SoftBank's London office on Grosvenor Street, where the banks will present their IPO strategies to SoftBank's Sumer Juneja. OYO founder Ritesh Agarwal and his senior leadership team will also participate in the discussions, sources close to the development told PTI. The Japanese conglomerate's view is considered important for the IPO's timing, given

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

Five banks set to present OYO's IPO plans to SoftBank in London next month

Business Line | 29 May 2025

Hotels, Restaurants & Tourism

SECTOR | 27 May 2025

Kashmir's atmosphere of fear has reduced to large extent: Farooq Abdullah

Business Standard

National Conference president Farooq Abdullah on Tuesday asserted that the atmosphere of fear in Kashmir has significantly reduced and urged the tourists to visit the valley again to enjoy its beauty. The former chief minister of the erstwhile state of Jammu and Kashmir also urged the External Affairs Ministry to make efforts for getting revoked the negative travel advisories issued by some countries against visiting J-K. Tourism in Kashmir has been hit after the April 22 Pahalgam attack that left 26 people dead. "What happened here (Pahalgam attack) was very sad, it should not have happened. People were coming here happily. People were busy with their work, they were not asking for government jobs. The situation was such in Pahalgam that there were no rooms available here," Abdullah told PTI Videos here. The NC chief visited the tourist resort and played golf at the Pahalgam Golf Course along with some friends. He said while the attack created an atmosphere of fear, the governmen

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

Hotels, Restaurants & Tourism

SECTOR | 27 May 2025

OYO restarts IPO talks, eyes Q4 listing at $6-7 billion valuation

Business Standard

Global travel tech platform OYO has started discussions with bankers for a fresh attempt at IPO, targeting a listing in the last quarter of the current financial year, sources said. Preliminary discussions with investment banks have indicated a potential valuation range of USD 6-7 billion for the public offering. The company started informal discussions last month and is now calling for pitches, according to a person familiar with the development. "The company is engaging with both Indian and international banking institutions with plans to potentially file theHP documents between Aug-Sept this year. It is yet to decide whether to file with FY25 financial results or wait till the Q1 FY26 financials are audited and ready for filing," sources told PTI. A crucial round of discussions with the company's board and with its key shareholder, SoftBank's representatives, is scheduled for June in London. "The Board and all shareholders, including SoftBank, are keen for the company to active

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

OYO begins discussions with banks for IPO

Business Line | 27 May 2025

Hotels, Restaurants & Tourism

SECTOR | 25 May 2025

Using Credit Cards On Vacation? Five Smart Ways To Maximise Rewards

NDTV Profit

The discounts, reward points and deals through brand partnerships also help you to enjoy a stress-free vacation.

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

Hotels, Restaurants & Tourism

SECTOR | 23 May 2025

Saudi Arabia unveils 'TOURISE' platform to chart future roadmap for tourism

Business Standard

Saudi Arabia on Thursday announced the launch of a global platform which seeks to create a "powerful partnership" between public and private sectors and chart a future roadmap for tourism. Saudi Arabia's Minister of Tourism Ahmed Al-Khateeb launched the platform, 'TOURISE', and also announced that the TOURISE Summit will be held in Riyadh from November 11 to 13. The announcement was made in the Saudi capital during a press conference that was attended virtually by a large number of journalists from around the world. TOURISE is a "bold new initiative", structured for year-round impact through collaboration, and will be anchored with a high-profile global advisory board. In his address, the Saudi minister said the platform seeks to chart the course for tourism for the next 50 years. It will bring public and private sectors together. He said this initiative is "no ordinary endeavour". Saudi Arabia seeks to deliver practical, visible and permanent solutions, and this initiative will

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.

Hotels, Restaurants & Tourism

SECTOR | 21 May 2025

Travel bodies join hands to revive Kashmir tourism post-terror attack

Business Standard

Tourism associations express solidarity with Jammu and Kashmir after Pahalgam terror attack; hoteliers offer discounts as confidence-building begins

IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 01 Oct, 2025.