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Quote on Outlook for QSR, Aviation, and Hospitality Sectors Says Gaurang Shah, Geojit Financial Services Below Quote on Outlook for QSR, Aviation, and Hospitality Sectors 09th September 2023 By Gaurang Shah, Senior Vice President at Geojit Financial Services "We are positive about the QSR (Quick Service Restaurant) segment, optimistic about the aviation industry, and bullish on the hospitality and hotel sector. This optimism is not solely due to the G20 Summit but is also driven by several other upcoming events, not only this year but also in the coming years. We have...
Quote on Outlook for QSR, Aviation, and Hospitality Sectors Says Gaurang Shah, Geojit Financial Services
Quote on Outlook for QSR, Aviation, and Hospitality Sectors Says Gaurang Shah, Geojit Financial Services
Source: Geojit Financial Services
8/09/2023 10:26:46 AM
India, LAC countries need to collaborate in tourism, hospitality, investment flows: Piyush Goyal Commerce and Industry Minister Piyush Goyal has pitched for increasing collaboration between India and LAC countries in areas such as tourism, hospitality and promoting investment flows. Latin America and the Caribbean (LAC) Region nations include Belize, Ecuador, Nicaragua, Brazil, El Salvador, Panama, Chile, Guatemala, Peru, Costa Rica, Guyana, and Suriname. Goyal said huge opportunities are there in both regions to boost trade and investments. He also said that India and LAC countries n...
India, LAC countries need to collaborate in tourism, hospitality, investment flows: Piyush Goyal
India, LAC countries need to collaborate in tourism, hospitality, investment flows: Piyush Goyal
Source: Accord Fintech
4/08/2023 10:17:53 AM
Praveg gains on signing first project in Dholavira Praveg is currently trading at Rs. 489.90, up by 3.55 points or 0.73% from its previous closing of Rs. 486.35 on the BSE. The scrip opened at Rs. 493.00 and has touched a high and low of Rs. 493.00 and Rs. 480.30 respectively. So far 22242 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 612.00 on 22-Feb-2023 and a 52 week low of Rs. 137.95 on 12-Aug-2022. Last one week high and low of the scrip stood at Rs. 508...
Praveg gains on signing first project in Dholavira
Praveg gains on signing first project in Dholavira
Source: Accord Fintech
17/07/2023 4:22:38 PM
New Zealand's hospitality sector leads increase in filled jobs New Zealand's accommodation and food services had an 8.9 per cent annual increase in filled job numbers for the year ended March 2023, which was 12,196, according to figures released by the statistics department on Thursday. Stats NZ said the growth in job numbers in the hospitality sector coincides with the opening of New Zealand's borders, and a rise in overseas visitors since the middle of last year, reports Xinhua news agency. Across all industries filled jobs numbers were u...
New Zealand's hospitality sector leads increase in filled jobs
New Zealand's hospitality sector leads increase in filled jobs
Source: IANS
8/06/2023 3:46:58 PM
Buy Apollo Hospitals Ltd For Target Rs.5,450 - Motilal Oswal Focusing on scaling up Healthco GMV and reducing losses   * Apollo Hospitals and Enterprises (APHS) delivered a lower-than-expected 4QFY23 performance, dragged down by higher spending on Apollo 24/7 and additional establishment costs for the pharmacy business. The healthcare services business posted healthy revenue/EBITDA growth of 13%/18% YoY to INR87b/INR21b in FY23. * We cut our FY24/FY25 EPS estimates by 7% each to factor in higher opex for the pharmacy business, a gradual u...
Buy Apollo Hospitals Ltd For Target Rs.5,450 - Motilal Oswal
Buy Apollo Hospitals Ltd For Target Rs.5,450 - Motilal Oswal
Source: Motilal Oswal Financial Services
8/06/2023 3:02:10 PM
How to start a career in hospitality management Embarking on a career in hospitality management offers a world of exciting opportunities in a vibrant and ever-growing industry. Whether your passion lies in hotel management, restaurant operations, event planning, or tourism, the hospitality sector provides a diverse range of roles and avenues to explore. To begin your journey in hospitality management, it is essential to combine formal education, practical experience, and a service-oriented mindset. By acquiring the right skills, network...
How to start a career in hospitality management
How to start a career in hospitality management
Source: IANS
7/06/2023 2:15:13 PM
Barbeque-Nation Hospitality jumps on incorporating step down subsidiary in Bahrain Barbeque-Nation Hospitality is currently trading at Rs. 635.55, up by 8.90 points or 1.42% from its previous closing of Rs. 626.65 on the BSE. The scrip opened at Rs. 632.00 and has touched a high and low of Rs. 645.15 and Rs. 630.00 respectively. So far 2706 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1269.55 on 02-Aug-2022 and a 52 week low of Rs. 592.65 on 29-Mar-2023. Last one week high and low of the sc...
Barbeque-Nation Hospitality jumps on incorporating step down subsidiary in Bahrain
Barbeque-Nation Hospitality jumps on incorporating step down subsidiary in Bahrain
Source: Accord Fintech
6/06/2023 1:42:26 PM
Barbeque-Nation Hospitality gains on getting nod to acquire additional stake in Red Apple Kitchen Consultancy Barbeque-Nation Hospitality is currently trading at Rs. 620.70, up by 3.30 points or 0.53% from its previous closing of Rs. 617.40 on the BSE. The scrip opened at Rs. 620.05 and has touched a high and low of Rs. 629.25 and Rs. 614.00 respectively. So far 1568 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1269.55 on 02-Aug-2022 and a 52 week low of Rs. 592.65 on 29-Mar-2023. Last one week high and low of the sc...
Barbeque-Nation Hospitality gains on getting nod to acquire additional stake in Red Apple Kitchen Consultancy
Barbeque-Nation Hospitality gains on getting nod to acquire additional stake in Red Apple Kitchen Consultancy
Source: Accord Fintech
30/05/2023 12:16:30 PM
Praveg jumps on incorporating subsidiary company in East Africa Praveg is currently trading at Rs. 470.00, up by 10.25 points or 2.23% from its previous closing of Rs. 459.75 on the BSE. The scrip opened at Rs. 461.15 and has touched a high and low of Rs. 470.00 and Rs. 461.15 respectively. So far 9820 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 612.00 on 22-Feb-2023 and a 52 week low of Rs. 136.50 on 04-Jul-2022. Last one week high and low of the scrip stood at Rs. 47...
Praveg jumps on incorporating subsidiary company in East Africa
Praveg jumps on incorporating subsidiary company in East Africa
Source: Accord Fintech
26/05/2023 2:39:28 PM
Ashish Kacholia, Bengal Finance buy 4.05% stake in IPO Bound Aeroflex Industries Limited for Rs 40.56 crore Reputed Capital Markets investor Ashish Kacholia – who is fondly called as Big Whale of Dalal Street – along with Bengal Finance and Investments Pvt Ltd on Monday bought 4.05% equity shares of Aeroflex Industries Limited, material subsidiary of SAT Industries, according to a stock exchange filing on BSE and NSE. The shares were bought for an aggregate amount of Rs 40.56 Crores. The renowned investor has investments in more than 40 stocks and has a va...
Ashish Kacholia, Bengal Finance buy 4.05% stake in IPO Bound Aeroflex Industries Limited for Rs 40.56 crore
Ashish Kacholia, Bengal Finance buy 4.05% stake in IPO Bound Aeroflex Industries Limited for Rs 40.56 crore
Source: PR Agency
16/05/2023 8:55:14 AM
Hospitality sector job postings up 60% in India, Delhi-NCR leads The hospitality sector in India saw a 60 per cent rise in job postings from March 2022 to March 2023, with Delhi-NCR emerging as the top city for such jobs, a report showed on Friday. Hotel manager, travel consultant, resort manager, hospitality manager and travel agent were the most in-demand jobs. While Delhi-NCR led with a 20.37 per cent increase in hospitality job postings over the past year, Mumbai and Bengaluru were second and third, respectively, according to the report by job porta...
Hospitality sector job postings up 60% in India, Delhi-NCR leads
Hospitality sector job postings up 60% in India, Delhi-NCR leads
Source: IANS
28/04/2023 3:19:53 PM
Shalby surges as its healthcare education division signs MoU with Silver Oak University Shalby is currently trading at Rs. 133.80, up by 3.15 points or 2.41% from its previous closing of Rs. 130.65 on the BSE. The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 134.75 and Rs. 128.75 respectively. So far 7985 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 167.95 on 09-Jan-2023 and a 52 week low of Rs. 95.10 on 23-Jun-2022. Last one week high and low of the scrip stood at Rs. 134.7...
Shalby surges as its healthcare education division signs MoU with Silver Oak University
Shalby surges as its healthcare education division signs MoU with Silver Oak University
Source: Accord Fintech
10/03/2023 11:41:59 AM
More than 100 Indian healthcare professionals to be hired in UK: Report In a bid to address shortage of healthcare workers, more than 100 professionals from India are set to be recruited by the UK's National Health Service (NHS) Trust that runs the York and Scarborough Hospitals. According to The Scarborough News, the York and Scarborough Teaching Hospitals NHS Foundation Trust has made offers to 107 medical staff, including 97 registered nurses and 10 allied health professionals, following a recruitment trip to Kerala. "The Trust has started the p...
More than 100 Indian healthcare professionals to be hired in UK: Report
More than 100 Indian healthcare professionals to be hired in UK: Report
Source: IANS
6/03/2023 9:59:22 AM
Delhi AIIMS to partner with other city hospitals for referral of patients The All India Institute of Medical Sciences (AIIMS) will partner with other government hospitals in the national capital for referral of patients to optimally utilise vacant beds in other hospitals, it was announced on Friday. Lt Governor V.K. Saxena held a meeting with AIIMS Director Dr. M Srinivas, Chief Secretary Naresh Kumar and other officials to evolve a formal system for referral of patients. As the premier health organisation AIIMS always suffer acute shortage of beds, the pact wil...
Delhi AIIMS to partner with other city hospitals for referral of patients
Delhi AIIMS to partner with other city hospitals for referral of patients
Source: IANS
4/03/2023 11:17:16 AM
Hiring resumes in Indian IT sector after months-long slowdown  Amid ongoing global layoffs especially in the tech sector, hirings in India saw a 9 per cent sequential growth in February and the IT sector signalled a positive comeback after witnessing a decline in the past few months in line with the global meltdown, a report showed on Wednesday. The number of new jobs in the IT sector increased by 10 per cent in February compared to the preceding month, according to data by Naukri JobSpeak. The demand for specialist roles such as analytics ma...
Hiring resumes in Indian IT sector after months-long slowdown
Hiring resumes in Indian IT sector after months-long slowdown
Source: IANS
1/03/2023 1:51:41 PM
Maxivision Eye Hospitals & Sri Mahalaxmi Eye Hospitals Announce Joint Venture Hyderabad based Maxivision Super Specialty Eye Hospitals, and Sri Mahalaxmi Eye Hospitals, a reputed eye care hospital in Vanasthalipuram, Hyderabad have entered into a Joint Venture, to deliver and strengthen the mission of delivering Quality Eye care to the people of Hyderabad. Maxivision is emerging leaders in eye care with 35 hospitals, spread across Telangana, Andhra Pradesh, Tamilnadu, and Gujarat. From April 2023, the group is expanding to another 35 hospitals across Telangana, Andhrap...
Maxivision Eye Hospitals & Sri Mahalaxmi Eye Hospitals Announce Joint Venture
Maxivision Eye Hospitals & Sri Mahalaxmi Eye Hospitals Announce Joint Venture
Source: PR Agency
26/02/2023 11:31:34 AM
Royal Orchid Hotels inches up on expanding footprint in Dharamshala with ethereal new property Royal Orchid Hotels is currently trading at Rs. 274.60, up by 0.25 points or 0.09% from its previous closing of Rs. 274.35 on the BSE. The scrip opened at Rs. 280.00 and has touched a high and low of Rs. 280.00 and Rs. 271.55 respectively. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 317.80 on 01-Dec-2022 and a 52 week low of Rs. 80.10 on 03-Jan-2022. Last one week high and low of the scrip stood at Rs. 284.55 and Rs. 267.55 respectively. The...
Royal Orchid Hotels inches up on expanding footprint in Dharamshala with ethereal new property
Royal Orchid Hotels inches up on expanding footprint in Dharamshala with ethereal new property
Source: Accord Fintech
16/12/2022 2:07:25 PM
Sinclairs Hotels zooms on entering into conditional sale agreement to transfer land Sinclairs Hotels is currently trading at Rs. 117.70, up by 5.25 points or 4.67% from its previous closing of Rs. 112.45 on the BSE. The scrip opened at Rs. 112.95 and has touched a high and low of Rs. 119.70 and Rs. 112.00 respectively. So far 99687 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 134.50 on 10-Oct-2022 and a 52 week low of Rs. 60.00 on 14-Jan-2022. Last one week high and low of the scrip stood at...
Sinclairs Hotels zooms on entering into conditional sale agreement to transfer land
Sinclairs Hotels zooms on entering into conditional sale agreement to transfer land
Source: Accord Fintech
6/12/2022 3:05:11 PM
Hospitality group Marriott International to add 13-14 properties in 12 months time Hospitality major Marriott International will be adding about 13-14 hotels in India under different brands in 12 months time, said a senior official. "Currently, the Marriott is managing about 134 properties under different brands. Another 13-14 more hotels will be added in 12 months time," Gaurav Singh, Market Vice President, South & East India, Bangladesh and Sri Lanka, said. The group has about 60 agreements for hotels to open in the future. In the markets overseen b...
Hospitality group Marriott International to add 13-14 properties in 12 months time
Hospitality group Marriott International to add 13-14 properties in 12 months time
Source: IANS
5/11/2022 10:55:14 AM
Royal Orchid Hotels soars on launching Regenta Central Imperial Candolim in Goa Royal Orchid Hotels is currently trading at Rs. 278.15, up by 10.10 points or 3.77% from its previous closing of Rs. 268.05 on the BSE. The scrip opened at Rs. 263.65 and has touched a high and low of Rs. 284.00 and Rs. 263.65 respectively. So far 6721 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 307.70 on 23-Sep-2022 and a 52 week low of Rs. 78.40 on 01-Dec-2021. Last one week high and low of the scrip stoo...
Royal Orchid Hotels soars on launching Regenta Central Imperial Candolim in Goa
Royal Orchid Hotels soars on launching Regenta Central Imperial Candolim in Goa
Source: Accord Fintech
17/10/2022 3:19:33 PM
Update On : Healthcare Ltd By JM Financial Institutional Securities Our 2Q23e factors an improvement in earnings over 1Q considering a lean base of Covid, domestic growth, stable US pricing scenario and lower cost inflation. We expect a high single digit topline gowth for our pharma coverage with flattish EBITDA. Domestic business is expected to deliver high single digit (LPC, ZYDUSLIF, DRRD, Cipla) to double digit growth (TRP, IPCA, SUNP) on a lean Covid base. US price erosion appears to be stable for most companies as US FDA continues to ramp up inspections...
Update On : Healthcare Ltd By JM Financial Institutional Securities
Update On : Healthcare Ltd By JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
13/10/2022 3:38:38 PM
Lemon Tree Hotels hits new 52-week high on launching second property in Vishakhapatnam Lemon Tree Hotels is currently trading at Rs. 92.10, up by 1.00 points or 1.10% from its previous closing of Rs. 91.10 on the BSE. The scrip opened at Rs. 92.10 and has touched a high and low of Rs. 93.20 and Rs. 91.50 respectively. So far 379909 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.20 on 06-Oct-2022 and a 52 week low of Rs. 42.10 on 29-Nov-2021. Last one week high and low of the scrip stood at Rs...
Lemon Tree Hotels hits new 52-week high on launching second property in Vishakhapatnam
Lemon Tree Hotels hits new 52-week high on launching second property in Vishakhapatnam
Source: Accord Fintech
6/10/2022 12:36:57 PM
Indian Hotels Company inches up on signing SeleQtions hotel in Uttar Pradesh Indian Hotels Company is currently trading at Rs. 326.95, up by 0.20 points or 0.06% from its previous closing of Rs. 326.75 on the BSE. The scrip opened at Rs. 325.05 and has touched a high and low of Rs. 329.00 and Rs. 321.40 respectively. So far 247113 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 337.30 on 16-Sep-2022 and a 52 week low of Rs. 171.15 on 29-Nov-2021. Last one week high and low of the scrip s...
Indian Hotels Company inches up on signing SeleQtions hotel in Uttar Pradesh
Indian Hotels Company inches up on signing SeleQtions hotel in Uttar Pradesh
Source: Accord Fintech
30/09/2022 11:47:51 AM
India`s Oyo Hotels delivers positive core earnings for the first time  India's IPO-bound Oyo Hotels posted positive group core earnings for the first time as a rebound in travel demand powered bookings, a filing from the SoftBank Group-backed hotel aggregator showed on Monday. Oyo's adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) for the first quarter stood at 72.66 million Indian rupees ($911,668.76), the company disclosed in an addendum to its filing for an initial public offering (IPO). Last year, the hotel...
India`s Oyo Hotels delivers positive core earnings for the first time
India`s Oyo Hotels delivers positive core earnings for the first time
Source: Reuters
19/09/2022 2:37:18 PM
Mahindra Holidays & Resorts India rises on subscribing balance stake in Great Rocksport Mahindra Holidays & Resorts India is currently trading at Rs. 284.10, up by 0.30 points or 0.11% from its previous closing of Rs. 283.80 on the BSE. The scrip opened at Rs. 280.00 and has touched a high and low of Rs. 288.00 and Rs. 278.10 respectively. So far 60315 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 303.85 on 15-Sep-2022 and a 52 week low of Rs. 185.55 on 04-Jan-2022. Last one week high and lo...
Mahindra Holidays & Resorts India rises on subscribing balance stake in Great Rocksport
Mahindra Holidays & Resorts India rises on subscribing balance stake in Great Rocksport
Source: Accord Fintech
19/09/2022 11:41:53 AM
Praveg Communications (India) zooms on the bourses Praveg Communications (India) is currently trading at Rs. 245.85, up by 13.15 points or 5.65% from its previous closing of Rs. 232.70 on the BSE. The scrip opened at Rs. 227.50 and has touched a high and low of Rs. 250.00 and Rs. 227.50 respectively. So far 66492 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 253.65 on 14-Sep-2022 and a 52 week low of Rs. 101.50 on 22-Nov-2021. Last one week high and low of th...
Praveg Communications (India) zooms on the bourses
Praveg Communications (India) zooms on the bourses
Source: Accord Fintech
16/09/2022 3:17:02 PM
Praveg Communications (India) hits new 52-week high on getting LoA from Varanasi Development Authority Praveg Communications (India) is currently trading at Rs. 238.00, up by 26.60 points or 12.58% from its previous closing of Rs. 211.40 on the BSE. The scrip opened at Rs. 253.65 and has touched a high and low of Rs. 253.65 and Rs. 227.00 respectively. So far 162866 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 253.65 on 14-Sep-2022 and a 52 week low of Rs. 101.50 on 22-Nov-2021. Last one week high and low of ...
Praveg Communications (India) hits new 52-week high on getting LoA from Varanasi Development Authority
Praveg Communications (India) hits new 52-week high on getting LoA from Varanasi Development Authority
Source: Accord Fintech
14/09/2022 10:22:54 AM
Post Covid, Uttar Pradesh hospitality sector sees upturn The tourism and hospitality sector in Uttar Pradesh is witnessing a rapid recovery in the post-Covid scenario leading to a surge in demand for hotel rooms and allied hospitality services. This sector was among the worst-hit by pandemic as extended lockdown and restrictions of large gatherings had caused a severe blow to hotel and tourism activities. A large number of hotels in UP, as elsewhere in India, were forced to remain closed for months. However, the present year has seen a rev...
Post Covid, Uttar Pradesh hospitality sector sees upturn
Post Covid, Uttar Pradesh hospitality sector sees upturn
Source: IANS
14/06/2022 1:10:36 PM
Holiday season boosts travel, hospitality with 357% growth in hiring As the holiday season has kicked in, the travel and hospitality sector is witnessing a 357 per cent growth in hiring sentiment, breaking the shackles of the pandemic waves last year, according to a report released on Friday. India showed promising signs of economic recovery in May 2022 with hiring across key sectors witnessing an upward year-on-year trajectory and a stable sequential trend. According to the latest Naukri JobSpeak May '22 Index, the surge in hiring activity stays put...
Holiday season boosts travel, hospitality with 357% growth in hiring
Holiday season boosts travel, hospitality with 357% growth in hiring
Source: IANS
3/06/2022 1:03:13 PM
FHRAI for the revival & growth of hospitality industry The Federation of Hotel & Restaurant Associations of India (FHRAI), India's apex Hospitality Association and the industry's voice, recently met with G. Kishan Reddy, Hon'ble Union Minister for Tourism, Culture, and Development of the North-Eastern Region, and submitted a representation with suggestions for the revival and growth of the Hospitality industry. Recommendations include making tourism a national priority sector, granting hospitality infrastructure status, improvi...
FHRAI for the revival & growth of hospitality industry
FHRAI for the revival & growth of hospitality industry
Source: IANS
21/05/2022 4:03:21 PM
Hyatt Centric brand debuts in the Indian capital Hyatt Hotels Corporation announced the opening of Hyatt Centric Janakpuri New Delhi, the first Hyatt Centric property in the national capital. The hotel has 224 newly renovated rooms with a playful juxtaposition of colours, textures, and handpicked bric-a-brac to reflect the vibrancy of the city. The hotel is located close to the Janakpuri West Metro and the District Centre, connecting savvy travellers to the rest of Delhi and the National Capital Region (NCR), serving as a jumping off poi...
Hyatt Centric brand debuts in the Indian capital
Hyatt Centric brand debuts in the Indian capital
Source: IANS
17/04/2022 12:15:01 PM
Buy Apollo Hospitals Ltd For Target Rs.5,222 - ICICI Securities Consistent improvement in ARPOB Apollo Hospitals Enterprise’s (AHEL) Q3FY22 performance was better than estimate on margin front mainly led by consistent improvement in ARPOB and ALSO. Margin improved by 200bps YoY to 16.1% vs estimated 14.3%. Overall revenue grew 31.9% YoY to Rs36.4bn (I-Sec: Rs36.6bn). We remain positive on AHEL’s long-term outlook considering its strong brand and pan-India presence in hospital segment, margin expansion potential and aggressive focus on creat...
Buy Apollo Hospitals Ltd For Target Rs.5,222 - ICICI Securities
Buy Apollo Hospitals Ltd For Target Rs.5,222 - ICICI Securities
Source: ICICI Securities Ltd
15/04/2022 9:30:03 AM
Anka India rises on entering into agreement with Blue Bling Hospitality Services Anka India is currently trading at its upper circuit limit of Rs. 12.00, up by 0.55 points or 4.80% from its previous closing of Rs. 11.45 on the BSE. The scrip opened at Rs. 12.02 and has touched a high and low of Rs. 12.02 and Rs. 12.00 respectively. So far 4283 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 14.30 on 20-Jan-2022 and a 52 week low of Rs. 8.80 on 09-Jul-2021. Last one week high and low of the ...
Anka India rises on entering into agreement with Blue Bling Hospitality Services
Anka India rises on entering into agreement with Blue Bling Hospitality Services
Source: Accord Fintech
12/04/2022 1:40:39 PM
ICICI Securities gives 'buy' call for Indian Hotels, Lemon Tree Brokerage house ICICI Securities has given a 'buy' call for hospitality stocks such as Indian Hotels Company and Lemon Tree Hotels. Due to Covid waves in 2020 and 2021 globally and across India, the hospitality industry has seen a lot of volatility in terms of occupancies and room rates over the last two years. Heading into FY23, the beleaguered hospitality sector, which has borne the brunt of multiple Covid waves impacting business, is seeing a confluence of positives with leis...
ICICI Securities gives 'buy' call for Indian Hotels, Lemon Tree
ICICI Securities gives 'buy' call for Indian Hotels, Lemon Tree
Source: IANS
7/04/2022 2:20:20 PM
ITC goes beyond Plastic Neutrality in 2021-22, achieves yet another Sustainability Milestone  In line with the commitment made last year, diversified Indian conglomerate ITC has gone beyond plastic neutrality in 2021-22 through the orchestration of an integrated solid waste management programme that incorporates unique and multidimensional initiatives. The Company collected and sustainably managed more than 54,000 tonnes of plastic waste across 35 states and union territories. The amount of plastic waste managed exceeded the amount of plastic packaging utilised by ITC during ...
ITC goes beyond Plastic Neutrality in 2021-22, achieves yet another Sustainability Milestone
ITC goes beyond Plastic Neutrality in 2021-22, achieves yet another Sustainability Milestone
Source: IANS
6/04/2022 12:39:17 PM
Recovering from Covid, hospitality sector finds hiring tough With the Covid-19 restrictions being removed and international travel opening up, hoteliers in and around Chennai are expecting their till boxes ringing this fiscal, said industry officials. In line with the expectations and also increased room occupancy and guest footfalls in their restaurants, the industry has started hiring processes. However, hoteliers also say finding talent is difficult as many of those who had lost their jobs due to the pandemic have gone into other sectors and t...
Recovering from Covid, hospitality sector finds hiring tough
Recovering from Covid, hospitality sector finds hiring tough
Source: IANS
5/04/2022 12:46:47 PM
Indian travel, hospitality sector rebounds with maximum hiring in March The Indian job market witnessed a sharp recovery in March after two years of the Covid-19 pandemic, growing by 18.4 per cent headcount growth (year-on-year) across key sectors led by travel and hospitality sector, a new report showed on Monday. The travel and hospitality sector, which was the worst affected due to Covid-induced lockdowns over the last two years, witnessed a robust recovery with a 47.6 per cent growth in payroll headcount in March, according per payroll distribution data co...
Indian travel, hospitality sector rebounds with maximum hiring in March
Indian travel, hospitality sector rebounds with maximum hiring in March
Source: IANS
4/04/2022 3:14:49 PM
Stakeholders urge Centre to announce tourism sector as 'national priority' The Federation of Associations in Indian Tourism and Hospitality, the policy federation of all the national associations representing the complete tourism, travel and hospitality industry of India, has recommended to the Centre to announce the tourism industry as a 'national priority' sector. "Like agriculture has been a national priority of all successive governments and gets vital focus of the Prime Ministers & the Chief Ministers, tourism too can get due national domest...
Stakeholders urge Centre to announce tourism sector as 'national priority'
Stakeholders urge Centre to announce tourism sector as 'national priority'
Source: IANS
11/03/2022 3:35:59 PM
Economic downturn has been short for hospitality sector during Omicron: Anarock Unlike the other Covid waves, the economic downturn for the hospitality sector has been short during the third-wave given the fact that travel demand has been returning at a significantly faster rate, property consultant Anarock said. That said, the reintroduction of travel restrictions due to the Omicron variant across states threw the Indian hospitality sector into an upheaval. "Except for critical and urgent travel, other leisure and business travel, plans were put on hold in Ja...
Economic downturn has been short for hospitality sector during Omicron: Anarock
Economic downturn has been short for hospitality sector during Omicron: Anarock
Source: IANS
1/03/2022 5:23:42 PM
Raise tourism GST concerns with GOM: FAITH FAITH the policy federation of all the national associations representing the complete tourism, travel and hospitality industry of India (ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI, TAFI) has requested Tourism Minister to take up the GST rates issue of tourism, travel & hospitality with the Group of Ministers (GOM) evaluating the entire GST rates structure. FAITH mentioned that since the Indian tourism, travel and hospitality industry is just starting to come out of its wor...
Raise tourism GST concerns with GOM: FAITH
Raise tourism GST concerns with GOM: FAITH
Source: IANS
24/02/2022 2:19:05 PM
Large Cap : Buy Apollo Hospitals Ltd For Target Rs.5,416 - Geojit Financial Resilient performance, positive outlook Apollo Hospitals Enterprise Ltd operates the largest hospital network and pharmacy chain in India. The hospital owns 71 Hospitals and operates 4,163 pharmacy outlets in India. • During Q3FY22, standalone revenue continued its growth trajectory, rising 20.7% YoY owing to growth achieved as a result of systemic improvements in diagnostics, elective and primary care footfall overall indicating that revenue was high and unaffected by lower vaccin...
Large Cap : Buy Apollo Hospitals Ltd For Target Rs.5,416 - Geojit Financial
Large Cap : Buy Apollo Hospitals Ltd For Target Rs.5,416 - Geojit Financial
Source: Geojit Financial Services Ltd
18/02/2022 11:44:18 AM
Indian Hotels Company trades higher on expanding presence in Kerala with signing new SeleQtions resort Indian Hotels Company is currently trading at Rs. 207.80, up by 1.95 points or 0.95% from its previous closing of Rs. 205.85 on the BSE. The scrip opened at Rs. 207.00 and has touched a high and low of Rs. 209.65 and Rs. 206.20 respectively. So far 61576 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 230.25 on 14-Oct-2021 and a 52 week low of Rs. 90.94 on 22-Apr-2021. Last one week high and low of the scrip sto...
Indian Hotels Company trades higher on expanding presence in Kerala with signing new SeleQtions resort
Indian Hotels Company trades higher on expanding presence in Kerala with signing new SeleQtions resort
Source: Accord Fintech
16/02/2022 11:26:44 AM
Immediate cash support to tourism employees and enterprises, FAITH requests NITI Aayog FAITH, the policy federation of all the ten national associations representing the complete tourism, travel and hospitality industry of India - ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI & TAFI has written to NITI Aayog for immediate support. FAITH mentioned that the tourism industry is going through its worst period ever. Indian Tourism, pre-pandemic, had handled business of almost 11 mn international inbound tourists, almost 17 mn plus international visitors arrivals, alm...
Immediate cash support to tourism employees and enterprises, FAITH requests NITI Aayog
Immediate cash support to tourism employees and enterprises, FAITH requests NITI Aayog
Source: IANS
10/02/2022 8:29:00 PM
ITC Hotels app offers guests one-stop destination to access multiple services Keeping pace with dynamically changing consumer preferences, ITC's Hotel Group has launched a one-of-a-kind app using which guests will be able to access multiple services such as room and restaurant reservations, food delivery and takeaway, loyalty membership essentials, and more. The app will be available to users of ITC Hotels, Welcomhotels and select Fortune Hotels. It enables guests to book their stay at more than 55 hotels and resorts through a simple process that gives them a...
ITC Hotels app offers guests one-stop destination to access multiple services
ITC Hotels app offers guests one-stop destination to access multiple services
Source: IANS
9/02/2022 2:19:50 PM
Indian hospitality sector witnessed a 100.3 percent YoY RevPAR growth With improved vaccination rates and fewer travel restrictions the Indian hospitality industry is currently on an upward trend, with traveller confidence. The Revenue Per Available Room (RevPAR) witnessed a growth of 100.3 percent year-on-year (YoY) in Q4, 2021. The quarterly RevPAR of Q4 (October-December) was at 41.9 percent , according to JLL's Hotel Momentum India (HMI) Q4, 2021. Whilst the latter part of Q4 started to witness some impact from the Omicron wave, last quarter (Q4, 202...
Indian hospitality sector witnessed a 100.3 percent YoY RevPAR growth
Indian hospitality sector witnessed a 100.3 percent YoY RevPAR growth
Source: IANS
8/02/2022 2:26:44 PM
Retail, hospitality sectors saw significant hiring in December: Report The last month of 2021 saw good hiring growth in India in sectors like travel and hospitality, retail and education, owing to the festive quarter and a rebound, a new report showed on Friday. The rebound was, however, likely to be hampered once again with the Omicron variant spread in the country this month. According to the Naukri JobSpeak Index, the festive year-end marked an upswing in hiring activity over last year across all major metros. "While IT has continued to drive gr...
Retail, hospitality sectors saw significant hiring in December: Report
Retail, hospitality sectors saw significant hiring in December: Report
Source: IANS
7/01/2022 2:29:01 PM
Smart hospitals to deploy over 7 mn IoT-based medical devices by 2026 Smart hospitals will deploy over 3,850 connected Internet of Medical Things (IoMT) devices, amounting to 7.4 million devices globally by 2026, according to a study. The study by Juniper Research showed that the global figure represents total growth of 231 per cent over 2021, when 3.2 million devices were deployed. The concept of the IoMT involves healthcare providers leveraging connected devices such as remote monitoring sensors and surgical robotics to improve patient care, staff produ...
Smart hospitals to deploy over 7 mn IoT-based medical devices by 2026
Smart hospitals to deploy over 7 mn IoT-based medical devices by 2026
Source: IANS
4/01/2022 1:51:19 PM
Buy Shalby Hospitality Ltd For Target Rs.280 - Monarch Networth Capital Shalby Ltd (‘Shalby’) came out with its Q2FY22 results which reported sequential margin degrowth on the back of implants businesses losses and reduced covid related tailwinds (16.2% vs 25.5% for Q2FY21 vs 20% for Q1FY22). Implant business reported USD 1mn revenue in Q2FY22, guidance for FY22E and FY23E at INR 50crs and INR 100crs respectively. First Ortho Franchise started in Udaipur, expected to open 50 franchises across India over medium term. The newer hospitals (892 beds) repo...
Buy Shalby Hospitality Ltd For Target Rs.280 - Monarch Networth Capital
Buy Shalby Hospitality Ltd For Target Rs.280 - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
8/11/2021 4:06:51 PM