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Hospitality industry set for buoyant 2023

For travellers, room tariffs are likely to remain high going forward, with a demand-supply mismatch continuing in the hospitality sector.

India , Kavinder-singh , Vijay-dewan , Manoj-agarwal , Jaison-chacko , Mahindra-holidays-resorts-india-ltd , Hotel-association-of-india-vice , Federation-of-hotel-restaurant-associations-india , Interglobe-hotels-head , Apeejay-surrendra-park-hotels , Apeejay-surrendra-park-hotels-ltd , Champion-sector-in-services-scheme

Hospitality industry set for buoyant 2023 - Jammu Kashmir Latest News | Tourism

NEW DELHI, Dec 19: The domestic hospitality industry is looking to ‘fly’ in 2023 cashing in on India’s G20 presidency, having received the ‘oxygen’ to run in 2022 after being crippled in the past two years by the pandemic. Domestic travel, especially the leisure segment, gave wind to the industry this year and is expected to continue into the next. Industry players believe that as international arrivals are also likely to pick up even further, the outlook for 2023 is […]

India , Kavinder-singh , Vijay-dewan , Manoj-agarwal , Jaison-chacko , Mahindra-holidays-resorts-india-ltd , Hotel-association-of-india-vice , Federation-of-hotel-restaurant-associations-india , Interglobe-hotels-head , Apeejay-surrendra-park-hotels-ltd , Champion-sector-in-services-scheme , India-vice-president

Hotel, resort rooms sold out as demand soars for first full Christmas-New Year party after two years

As people seek to make up for the winter holidays lost to COVID-19, destinations like Karjat, Lonavala, Vizag, Dharamshala, Udaipur, Manali and Gir are witnessing good demand, apart from traditional popular places like Goa, Kerala and Shimla.

Manali , Tamil-nadu , India , Lonavala , Maharashtra , Dubai , Dubayy , United-arab-emirates , Hyderabad , Andhra-pradesh , Udaipur , Orissa

Hotel, resort rooms sold out as demand soars for first full Christmas-New Year party after two years - Jammu Kashmir Latest News | Tourism

New Delhi, Dec 18: The domestic hospitality industry is gearing up to make the most of full-fledged Christmas and New Year celebrations this time around after two years of washout by the pandemic, with rooms at many hotels and resorts already sold out. As people seek to make up for the winter holidays lost to COVID-19, destinations like Karjat, Lonavala, Vizag, Dharamshala, Udaipur, Manali and Gir are witnessing good demand, apart from traditional popular places like Goa, Kerala and Shimla. […]

Manali , Tamil-nadu , India , Lonavala , Maharashtra , Dubai , Dubayy , United-arab-emirates , Hyderabad , Andhra-pradesh , Udaipur , Orissa

Mahindra Holidays plans to invest ₹1,500 cr on expansion in next 3 yrs, says MD and CEO Kavinder Singh

The company is also considering launching a new upscale brand for managing resorts, through which it would also look to further grow its Club Mahindra memberships.

Club-mahindra , Mahindra-holidays , Mahindra-holidays-resorts-india-ltd , Kavinder-singh , Mahindra-holidays-expansion-plans ,

Mahindra Holiday & Resorts books lower net in Q2 shares down

Time share resort major Mahindra Holidays & Resorts India Ltd closed the second quarter of FY23 with a lower net profit on a higher income.According to the company, for Q2FY23 it had logged a profit of about Rs 30.90 crore (Q2FY22 profit ...

Chennai , Tamil-nadu , India , Mahindra-holidays-resorts-india-ltd , Memorandum-of-association , Mahindra-holidays , Resorts-india-ltd ,

Mahindra Holidays Resorts India Ltd Announces Results For Q2 H1 FY23

Its highest ever Q2 Membership Sales Value at Rs. 194 crs, a growth of 93 per cent YoY, including large corporate deal of Rs. 24 Crs, , mahindra holidays

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Mahindra Holidays & Resorts plans to add at least 1,000 rooms in next 2-3 yrs: Chairman

''The company is continuously looking at acquisition and lease opportunities and there are several proposals in the pipeline,'' Nanda said.

Indonesia , India , Arun-nanda , Himachal-pradesh-janjehli , Kandaghat-himachal-pradesh , Mahindra-holidays-resorts-india-ltd , Club-mahindra , Horizon-holiday-exchange-programme , Mahindra-holidays , Resorts-india-ltd , Chairman-arun , Himachal-pradesh

Hotel Companies and Governments Take Long View on Omicron Impact

Here’s a sampling of what the Daily Lodging Report provided to its readers this past week. If you’re not a subscriber, you should be.

Thailand , New-york , United-states , Hong-kong , Phuket , Vietnam , Republic-of , South-africa , California , Indiana , Indonesia , Delhi

Mahindra Holidays & Resorts India Q1 consolidated net loss narrows to Rs 21.38 cr; total income at Rs 418.29 cr

Mahindra Holidays & Resorts India Q1 consolidated net loss narrows to Rs 21.38 cr; total income at Rs 418.29 cr
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