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NOESIS in the News

Explore NOESIS in the news and stay informed about our latest insights, industry updates, and success stories in the dynamic world of hospitality. Discover how NOESIS Capital Advisors continues to make headlines with innovative solutions and transformative strategies.

Hospitality sector prepares to open its doors wider for people who throng religious hotspots

Lijee Philip | 2024-02-04

Many mid-size and upscale hotel companies are firming up investments and capacity expansion plans to the tune of Rs 3,500 crore in key holy towns in the next two years, according to data collated by Noesis Capital Advisors, a hotel investing and consulting firm. This translates into over 5,000 new rooms and about 25,000 jobs.

As Ram Mandir opens doors, jobs come rushing into Ayodhya

Rica Bhattacharyya & Lijee Philip | 2024-01-17

Typically, a hotel from construction stage to getting operational takes 3-4 years, said Nandivardhan Jain, CEO of Noesis Capital Advisors. However, in the case of Ayodhya, various permissions could be fast-tracked and, so, the demand for manpower is expected to pour in within 18 to 24 months, he added.

Trans harbour link, airport to bring more hospitality firms to Navi Mumbai

Shally Mohile | 2024-01-16

Hotels of various categories are coming up in and around Navi Mumbai, Panvel, and Khopoli driven by transformative infrastructure projects such as the Mumbai Trans Harbour Link (MTHL) and the forthcoming international airport. Leading hospitality brands are stepping up their presence in the region, with American hotel operator Radisson Hotel Group signing up for hotels in Khopoli and Navi Mumbai.

2024 could match or surpass last year's record hotel room supply additions

Anumeha Chaturvedi | 2024-01-11

Kiran Andicot, regional vice president, South Asia for hotel development at Marriott International said the chain opened 12 hotels, totalling 1,431 rooms, in India last year. Andicot said the numbers for India could be in the same range as in 2023. Jaideep Dang, MD, hotels and hospitality group at JLL, said 2023 was the best year ever in terms of hotel openings.

NOESIS Drives Lemon Tree Hotels' Growth with Successful Signings of Multiple Hotels.

ETHospitalityWorld | 2023-04-16

NOESIS Capital Advisors, a leading hospitality consulting Firm is proud to announce the successful signings of six Lemon Tree Hotels’ properties across India in the last few months. Their partnership with Lemon Tree Hotels Limited, one of the fastest-growing hotel chains in India, has been a major driver of this success. These signings include properties in Bangalore (103 keys), Mumbai (95 keys), Goa (51 keys), Ahmedabad (52 keys), Bhopal (46 keys) and Kanha.

NOESIS hospitality consulting firm dominating mid-market hotel space in India.

Rekha Nair | 2023-03-30

NOESIS, a leading new-age hospitality consulting firm, facilitated the signing of multiple hotels & resorts assets for The Fern Hotels & Resorts across India. Key professional services provided by NOESIS to Fern Hotels are Business Development, Strategic consulting, feasibility studies, valuation reports & hotel asset acquisition. These hotel signings are a testament to the strong partnership between The Fern Hotels and NOESIS.

Budget 2023: Recovering from COVID impact, hospitality industry seeks reduced GST, tax holidays

Maryam Farooqui | 2023-01-03

Though the sector has recovered from the impact of COVID-19, the high goods and services tax (GST) rates on hotel rooms and limited support from the government in the last Budget are major concerns.

Travel, tourism to contribute 5.8% annually to global economy between 2022, 2032

BW Online | 2022-12-29

Noesis ‘Hotel in 2032’ Report summarises the global hospitality sector and the current and upcoming trends in the next decade

Noesis Hotel in 2032 report summarises trends in the hospitality sector

ETHospitalityWorld | 2022-12-28

Based on the report, between the period of 2022 and 2032, travel and tourism will contribute to the worldwide economy at an average annual rate of 5.8 percent, which is more than double the 2.7 percent average annual growth rate of the global economy.

Noesis "Hotel in 2032" Report summarises the global hospitality sector and the current and upcoming trends in the hotel in the next decade.

HBI Staff | 2022-12-28

The effects of the pandemic have altered the way we travel. Travellers are becoming more concerned with their travel choices these days. Following the pandemic, various trends such as workcation, staycation, co-working spaces and so on have emerged. The “Hotel in 2032” report from Noesis Capital Advisors, India’s leading hotel advisory firm, offers information on an overview of the global hospitality sector and the current and upcoming trends in the hotel in the next decade. It also includes some exquisite analyses of the hospitality market from industry leaders.

Stressed hospitality assets under insolvency find fewer takers

Forum Gandhi | 2022-05-16

Stressed hospitality companies under the insolvency process are finding it difficult to get new owners as properties degenerate and lose value during the course of long-drawn debt resolution proceedings. Nearly 30 per cent of hospitality stressed assets end up being liquidated as per the Insolvency and Bankruptcy Board of India (IBBI) data.

Hospitality & tourism: Gross bank credit rises 8.2% in March FY22

Forum Gandhi | 2022-05-08

The gross bank credit deployment for the hospitality and tourism industry has grown by 8.2 per cent on a year-on-year basis in FY22. Industry experts believe that this increase is a depiction of the stress that the industry had faced post-Covid.

Noesis successfully facilitates three hotel transactions for Ginger Hotels

ETHospitalityWorld | 2022-05-07

Noesis is currently mandated for more than 19557 keys for operator search and contract negotiation assignment on the franchise, management contract, and lease cum revenue sharing.

India needs 2.5 million more rooms in the homestay segment: Noesis

Sakshi Singh | 2022-02-11

The hotel investment advisory firm has launched a report talking about the potential of homestay market in India.

Budget 2022: Hospitality industry welcomes ECLGS announcement that recognises distress in the sector, but feels the need for more direct intervention

Anumeha Chaturvedi | 2022-02-01

The hospitality industry, that had been anxiously waiting for some sector specific relief over the past two years, has welcomed the government's move to extend the Emergency Credit Line Guarantee Scheme (ECLGS) up to March 2023 and earmark an additional Rs 50,000 crore for hospitality and related sectors.

Noesis strengthens hotel market by signing with Ramada Plaza by Wyndham

| 2021-09-29

Noesis, Asia’s leading hotel investment advisory firm having experience of more than a decade of providing integrated professional services to the hotel owner, investors operators, financial institutions, unveiled successful facilitation of one more landmark hotel brand affiliation signing of a 300-room hotel with Wyndham Hotel & Resorts.

Make The Most Of Your Debt

Nandivardhan Jain | 2019-02-10

The travel and tourism industry accounts for 9.4 per cent ($234 billion) of India's GDP, and creates significant employment opportunities. Currently, there is a total inventory of 1.3 lakh rooms in the organised space and around 3 lakh rooms across mom-and-pop hotels or the unorganised segment. The aggregate inventory of rooms stands at around 4.3 lakh while the US has a supply of 50 lakh rooms and China 27 lakh rooms. So, it is imperative for India to have good quality and well-spread lodging infrastructure to boost growth.