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Achieves Seven Consecutive Quarters of Outstanding Performance with Revenue of INR 2,004 Crores, a 15% Year-over-Year Increase. EBITDA Reaches INR 772 Crores, Reflecting an 18% Year-over-Year Growth, and EBITDA Margin Stands at 38.5%. Profit After Tax (PAT) Records INR 452 Crores, Marking an 18% Year-over-Year Growth. The Indian Hotels Company Limited (IHCL), India’s largest hospitality […]
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Marriott, the world’s largest international hotel operator, runs 129 hotels in India with over 27,000 keys on track to open at least a half dozen more this year. Rajeev Menon, a member of the continent’s senior leadership team oversees over 410 operating hotels and resorts under 21 unique brands as President for Marriott International Asia […]
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Wyndham Hotels & Resorts (NYSE: WH) – the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries – has unveiled results from a new consumer study, indicating strong interest in all-inclusive resorts from travelers. The survey, commissioned by Wyndham and conducted by OnePoll, shows that 75% of travelers believe the best way […]
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After two years of pandemic restrictions, there’s a desire to make up for lost time with a renewed thirst for authentic and exceptional experiences gathered around the table in the joy of socializing and reconnection. “Our environment has changed: new travelers are hungry and thirsty for more excellence, simplicity and authenticity,” says Ian Di Tullio, […]
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With the announcement of the Topics API, Google is steadfast in preparing web users, websites, and advertisers (that includes you, fellow hotel marketer) for a 3rd-party cookie-less world. In this article, we’ll explain the what’s, why’s, and how’s of the Topics API and its effects on hotel marketers and hotel PPC campaigns. What do hotels need to […]
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– City achieves 32 per cent YoY visitation growth, according to latest data published by Dubai’s Department of Economy and Tourism– In a significant boost to the economy, international arrivals during fourth quarter of 2021 climbed to 3.4 million, accounting for 47 per cent of total visitation– Strong hotel performance surpasses pre-pandemic levels in Q4 […]
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By Mandeep S Lamba and Dipti Mohan Following an abysmal performance in 2020, the Indian hotel sector found some much-needed hope in 2021, as it made steady headway on the road to recovery. The year began on a promising note with the commencement of the vaccination program, which, combined with a decrease in COVID cases, improved travel sentiment […]
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According to GlobalData’s recently published report, ‘Niche Tourism, 2022 Update – Thematic Research’, demand for niche tourism holidays and experiences is growing among Generation Hashtag (defined as people born between 1991 and 2005). Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “Generation Hashtag is a driving force behind the experience economy, which is defined as […]
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~ POSTS PROFIT AFTER TAX OF RS. 76 CRORE IN Q3 FY 2021-22 ~ 30.4% EBITDA MARGIN IN Q3 FY 2021-22 MUMBAI, FEBRUARY 1, 2022: The Indian Hotels Company Limited (IHCL) reported its consolidated financials for the third quarter ending December 31st, 2021. Revenues up by 85% toRs. 1134 crore in Q3 FY 2021-22 vs Q3 FY 2020-21 EBITDA improves by 805% to Rs. 344 crore in […]
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