Hospitality News

» Tourism industry defies economic uncertainty by outperforming the global economy in 2012

The industry contribution represents 9% of total GDP, 5% of total investment and 5% of world exports globally as per a WTTC report. ... Read more

» IATO plans agitation over neglect of tourism sector in budget 2013

Feels that taxation part has made India very cost prohibitive even though Tourism Sector is estimated to contribute more than 6% to the GDP and more than 9% to the employment ... Read more

» Tourism sector needs a makeover: Economic Survey

Telecom, tourism and railways have been the best performers in services sector in India ... Read more

» MTDC lines up 60 crore to develop Vidharbha tourism

Rs 10 crore for developing adventure tourism at Khindsi lake in Ramtek; Opened 20 colonial bungalows to the public ... Read more

» India and Canada to strengthen cooperation in tourism sector

Both sides also explored the possibilities of promoting joint venture investment in the field of hotel industry and tourism infrastructural sector ... Read more

» 72-storey JW Marriott Marquis tallest hotel in the World opens in Dubai

It also features more than 7,500 sq. metres of indoor and outdoor event space, that including two ballrooms ... Read more

» Kerala to lead the country in promoting tourism through Social Media

International Conference On Travel Technology India 2013 to be held at The Leela Hotel , Kovalam from 07th to 09th June 2013 ... Read more

» Carlson Rezidor Hotel Group to hire 9,000 people in India by 2015

The chain has four hospitality brands Radisson Blu, Park Plaza, Country Inns & Suites by Carlson and Park Inn by Radisson in India which cater from mid-scale to premium segments ... Read more

» Euro zone crisis affects Hotel and Tourism sector

In travel, important source markets for inbound tourism such as Europe, USA and UK have been reeling under slowdown pressures, thereby bringing down activity ... Read more

» PE firm Ireo to invest Rs 3,800 crore on Hyatt-branded hotel, residences

To fund 29-acre project that comprises 265 branded homes, 460 rooms luxury hotel and 4 lakh sq ft office space and 3 lakh high-street retail at Ireo city in Gurgaon ... Read more

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