HBIZ - Hospitality Biz India: Latest News & Analysis
HBIZ - Hospitality Biz India: Latest News & Analysis. November 2, 2024. Breaking News : ‘Our strategy is to position Caesars Palace Dubai as a resort destination with experiences for every age group’: Naren Upadhyay, Director of Sales, Caesars Palace Dubai. Mahua gets ‘heritage liquor’ tag, to be served in MP Tourism bars and hotels.
Trends, growth, and future of the hospitality sector
Oct 13, 2022 · According to the report, if the trend continues then the food and beverage sector is expected to grow at 10.4 percent annually and is expected to reach 5.5 trillion by 2022. On the flip side, the unorganized market share in the food and beverage sector constitutes 65-70 percent and the organized sector is only 30-35 percent. Imagine the volume ...
Redefining Indian hospitality, the TECH way
Jun 6, 2024 · Technology has remodeled the way in which a hotel functions and continues to redefine guest experience. Hospitality Biz takes a look at the aspects of technology that enable hoteliers ‘ operational and business efficiencies and what its future beholds.. In today’s digital age, embracing technology is no longer a luxury, but a necessity for the Indian hospitality businesses to …
Cellar 33 Introduces Premium Champagne, Wine, and Spirits …
1 day ago · Cellar 33, a distinguished export and marketing agency based in Bordeaux, is set to revolutionise the Indian market with its premium selection of champagne, wine, and spirits. Established in 2023 by wine industry experts Amrita Singh DipWSET and Mattia Antonio Cianca DipWSET, Cellar 33 unites ...
India's Hospitality Industry Set for Major Growth – Highlights from ...
Oct 19, 2024 · The third day of the FHRAI Hospitality Awards Convention saw some of the most influential voices in the tourism and hospitality sectors address key issues related to India’s growth story. Suman Billa, Additional Secretary, Ministry of Tourism, Government of India, delivered a compelling speech ...
Hospitality Biz India: Latest News & Analysis
Aug 31, 2022 · Shangri-La Group Taps into Indian Wedding Market with ‘Bandhan by Shangri-La’ Asmita Mukherjee ; October 31, 2024 ; 51
Beyond Brick-and-Mortar: Exploring Virtual Accommodation …
May 24, 2024 · By Kahraman Yigit, Co-Founder and CEO – Olive by Embassy. India’s online accommodation market size, currently at an estimated USD 8.2 billion in 2024, is anticipated to achieve a CAGR of 10.25% and reach USD 13.23 billion by 2029.
Indian Hospitality Industry: Unlocking Ancillary Revenue Potential
Jul 11, 2023 · Asmita Mukherjee | Hyderabad. In recent years, the Indian hospitality industry has witnessed a revolution in ancillary revenue generation. Ancillary revenue, which refers to the additional income generated from non-room sources, has become an essential component of the financial success and sustainability of hotels.
India’s hospitality sector witnessed USD 401 million investment ...
Apr 1, 2024 · JLL India today released its latest report titled ‘Hotel Investment Trends – India 2023,‘ highlighting the growth and positive start of the first quarter (Jan-March) of 2024 in the hospitality sector.The report mentions that the first quarter of 2024 witnessed a significant 80% Year-on-Year increase in hotel transaction volumes, reaching USD 78 million.
Indian hospitality embraces sustainable growth
Mar 21, 2024 · Indian hospitality entities are increasingly embracing sustainable practices in their operations. According to a recent KPMG report titled “Sustainability in Tourism: Reimagining India’s Sustainable Tourism Evolution,” the sustainable tourism market in India was valued at US$26.01 million in 2022 and is projected to reach US$151.88 million by 2032, with a rapid CAGR of 19.3% from 2022 to ...