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

SECTOR | 17 Jun 2025

Over one million Indians visited Thailand since January: Tourism Authority

Business Line

Last year over 2 million Indians had travelled to Thailand lured by easy visas, increased connectivity and budget friendly options

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

Hotels, Restaurants & Tourism

SECTOR | 17 Jun 2025

Beyond beaches: Goa to promote temple visits under spiritual tourism drive

Business Standard

The Goa government is planning to provide a spiritual experience to visitors, away from the beaches, by promoting a pilgrimage circuit comprising 11 iconic temples in the state, officials said on Tuesday. These temples will be the highlight of the Goa Tourism's 'Ekadasha Teertha Yatra' campaign, they said. A meeting was held on Monday with representatives of all the 11 temples to discuss promotion of the pilgrimage circuit and resolve any coordination-related issues, Goa Tourism Director Kedar Naik told PTI. The 'Ekadasha Teertha Yatra' will cover the 11 temples representing Goa's rich spiritual legacy. These include Sri Manguesh Temple in Mangeshi (North Goa), Sri Mahalasa Narayani Temple in Mardol (North Goa), Mahadev Temple in Tambdi Surla (South Goa) and Sri Shantadurga Temple in Fatorpa (South Goa). As part of the pilgrimage circuit, tourists will be taken around four temples in a day, covering the entire journey in two-three days, Naik said. The visitors will also be taken

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

Hotels, Restaurants & Tourism

SECTOR | 17 Jun 2025

MakeMyTrip seeks over $2 billion in shares, convertible sale

Business Line

The US-listed Indian travel firm is offering 14 million new shares, and is also seeking to raise $1.25 billion from the sale of zero-coupon convertible bonds

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

Hotels, Restaurants & Tourism

SECTOR | 16 Jun 2025

Cordelia Cruises Operator Waterways Leisure Tourism Files DRHP To Raise Rs 727 Crore Through IPO

NDTV Profit

The equity shares are proposed to be listed on the National Stock Exchange of India Ltd and BSE Ltd.

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

Waterways Leisure Tourism files DRHP for 727 crore IPO; check details here

Business Standard | 16 Jun 2025

Hotels, Restaurants & Tourism

SECTOR | 15 Jun 2025

Tourism lifeline returns: J&K begins phased reopening

Business Line

Authorities in Jammu and Kashmir have announced plans to reopen 16 tourist destinations across the region after they were shut following a deadly terror attack in Pahalgam

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

Hotels, Restaurants & Tourism

SECTOR | 13 Jun 2025

Madhya Pradesh, France sign PoU to boost cultural, tourism ties for 3 years

Business Standard

A tripartite Memorandum of Understanding (MoU) was signed between Madhya Pradesh, France and a French language institute here on Friday to strengthen long-term cooperation in the field of culture and tourism. This will make Madhya Pradesh a new centre of cultural and tourism cooperation between India and France, an official said. Chief Minister Mohan Yadav and French Ambassador to India Dr Thierry Mathou hailed the agreement and said it will further strengthen cultural relations between the two countries, which already share strong ties in multiple fields. The agreement, signed in the presence of Yadav at his residence 'Samatva' in Bhopal, seeks to strengthen long-term cooperation between France and Madhya Pradesh in the field of culture and tourism, the official said. The tripartite MoU was signed by French Ambassador Mathou, MP's Principal Secretary (Tourism and Culture) Shiv Shekhar Shukla and President of Alliance Francaise de Bhopal, Akhilesh Verma. The language institute, ..

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

Hotels, Restaurants & Tourism

SECTOR | 13 Jun 2025

Solo Trips, EMI-Based Travel Plans: Cleartrip Reveals Preferences Of Gen Z

NDTV Profit

Gen Z is willing to spend more on comfort and personal freedom, marking a shift from the habits of the older generations.

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

Hotels, Restaurants & Tourism

SECTOR | 06 Jun 2025, 03:03PM

On waiting list for train ticket?Websites offer three-fold refund assurance

Business Standard

Ixigo, RedBus and MakeMyTrip among platforms to launch service that gives money-back guarantee

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

Hotels, Restaurants & Tourism

SECTOR | 06 Jun 2025, 02:04PM

IPO-bound Oyo eyes doubling of revenue from company-serviced hotels by FY26

Business Standard

IPO-bound global travel tech platform OYO on Friday said it expects to raise booking revenue from company-serviced hotels to 44 per cent from 22 per cent by the end of current financial year, as part of its increasing focus on India and premium property expansion. OYO presently operates over 1,300 company-serviced hotels in India, primarily featuring its mid to premium segment brands, including Townhouse, Townhouse Oak, Capital O, Palette, and SUNDAY. The share of company-serviced hotels in OYO's portfolio is also set to double, expanding their presence from 124 cities to over 300 cities across India, the company said. OYO introduced company-serviced hotels in FY23, initially contributing less than 2 per cent of its booking revenue. Since then, the rapid expansion of this segment has made it OYO's fastest-growing business globally. OYO is currently focusing its company-serviced model expansion in leisure cities, pilgrimage destinations and business corridors, where demand remains .

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

IPO-bound OYO eyes doubling of revenue from company-serviced hotels by FY26

Business Line | 06 Jun 2025, 01:58PM

Hotels, Restaurants & Tourism

SECTOR | 05 Jun 2025, 12:00AM

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 May, 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 healthy ADR growth on YoY basis. However, on MoM prices declined as a seasonal phenomenon. We anticipate moderation in ADR as Q1 is a soft quarter compared to rest owing to extreme summer in the country. However, we maintain our positive outlook on domestic...

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