New Delhi, Feb. 28 -- India's booming economy has fuelled a surge in investments in expensive watches, art and other luxury collectibles among the country's super-rich. Opulent symbols of wealth such ... Read More
New Delhi, Feb. 27 -- More than 100 hotel contracts are either in the process of being signed or have already been signed for calendar year 2024 as hotel management firms amp up their development pipe... Read More
New Delhi, Feb. 27 -- Russia's top luxury hotels, once managed by Ritz Carlton, Four Seasons and Park Hyatt, are looking at leading Indian hospitality firms to run these properties, after the internat... Read More
New Delhi, Feb. 22 -- Ghost Kitchens India, a Mumbai-based food-tech platform that creates and runs cloud kitchens, has raised $5 million in a Series A funding round led by Ahmedabad-based GVFL Limite... Read More
New Delhi, Feb. 20 -- Hospitality companies' operating profit margins are expected to be stable year-on-year through FY24 and FY25, with robust revenue growth likely to offset rising refurbishment, ma... Read More
New Delhi, Feb. 20 -- Hospitality companies' gross profit margins are expected to remain stable year-on-year through FY24 and FY25, owing to rising refurbishment, maintenance, and employee expenses, a... Read More
New Delhi, Feb. 20 -- Microgravity, a company specializing in location-based entertainment for gamers in the National Capital Region (NCR), is in the process of raising $4 million to expand its presen... Read More
New Delhi, Feb. 18 -- Chalet Hotels, a subsidiary of K Raheja Corp Private Ltd, has set ambitious plans to expand its portfolio of "big-box", or large inventory, hotels, aiming to add approximately 80... Read More
New Delhi, Feb. 17 -- Swiss watch imports swelled 16% to cross a record Rs.2,000 crore in 2023 as more aspirational Indians snapped up luxury timepieces, led by a sharp rise in December. Imports touc... Read More