MEDIANEWS AND EVENTS / Report / February 12, 2021

Some of the mid-segment hotels across the top metro cities have already touched 85% occupancy with a drop of ~50% room rates and with lower employee cost & better efficiencies, they have managed to work on a GOP of 40% and above.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Some of the mid-segment hotels across the top metro cities have already touched 85% occupancy with a drop of ~50% room rates and with lower employee cost & better efficiencies, they have managed to work on a GOP of 40% and above.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Nandivardhan Jain, CEO, Noesis Capital Advisor, hotel investment advisory firm speaks about the industry insights and its revival process.

MEDIANEWS AND EVENTS / Report / February 12, 2021

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.

MEDIANEWS AND EVENTS / Report / February 12, 2021

In India, millennials would account for 75 percent of the workforce by 2030, making it a task for the hospitality industry to bring in more innovation.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Industry experts say it depicts the stress suffered by the sector post-pandemic.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Nearly 30 per cent of hotels under insolvency have been liquidated.

MEDIANEWS AND EVENTS / Report / February 12, 2021

NOESIS functioned as an exclusive transaction manager for these transactions from asset identification to contract negotiations and signing.

MEDIANEWS AND EVENTS / Report / February 12, 2021

While IHCL has been at it for some years now, for Concept and Kamat Group, which have typically relied on management contracts, it’s a first.

MEDIANEWS AND EVENTS / Report / February 12, 2021

According to its recent report, this segment will help hospitality brands diversify and expand their portfolios besides helping the local population to monetise on their unused assets.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Deals and transactions are coming back to the hospitality sector that was hit hard by the Covid-19 pandemic.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Noesis presents Indian Tourism and Hospitality Performance Report 2021.

MEDIANEWS AND EVENTS / Report / February 12, 2021

NOESIS has announced the hotel merger and acquisition of the year with the SUBA group of hotels acquiring a significant majority stake in 1589 Hotels.

MEDIANEWS AND EVENTS / Report / February 12, 2021

In survival mode throughout the pandemic, many owners of India’s independent and boutique hotels and small, regional chains have opted for the safety umbrella provided by the larger hotel brands and global companies.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Leisure is the asset owner of Jim Corbett Taj Hotel and Club Mahindra properties in Uttarakhand

MEDIANEWS AND EVENTS / Report / February 12, 2021

Online travel platform EaseMyTrip announced on Thursday that it has acquired hospitality management company Spree Hospitality.

MEDIANEWS AND EVENTS / Report / February 12, 2021

This includes 1589 Hotels, GenX, RNB, and RNB Select across 22 destinations in India

MEDIANEWS AND EVENTS / Report / February 12, 2021

29 September 2021 Wyndham Hotels & Resorts will further develop its presence in India with a 300-room new-build hotel located at Mumbai International Airport.

MEDIANEWS AND EVENTS / Report / February 12, 2021

The hospitality industry, that had been anxiously waiting for some sector specific relief over the past two years.

MEDIANEWS AND EVENTS / Report / February 12, 2021

Known as conversion, this trend is catching up in India’s hospitality market as asset owners are looking at optimal utilisation levels and a brand recall

MEDIANEWS AND EVENTS / Report / February 12, 2021

Hotel chains in India are not reassessing their signing announcements and hotel launch plans for this year just yet.