Articles tagged “budget hotels”

Hotels

What IHCL’s 4th Hotel in Varanasi Says About India’s Religious Tourism Boom

Religious tourism is booming in India and hospitality companies are now catching up to cater to this demand.

What IHCL’s 4th Hotel in Varanasi Says About India’s Religious Tourism Boom

Hotels

Premier Inn to Grow Hotel Room Count by 25% Before 2030

Premier Inn hotels are like shoeboxes, but their beds have comfy mattresses that come with a "good sleep" guarantee. The profitable brand anticipates strong growth in the UK and Germany.

Premier Inn to Grow Hotel Room Count by 25% Before 2030

Hotels

Oyo Plans to Add 250 Hotels in U.S. This Year

While Oyo may look to go upscale in India its growth strategy in the U.S. primarily relies on its budget hotel segment.

Oyo Plans to Add 250 Hotels in U.S. This Year

Hotels

Wyndham Pushes Premium Strategy After Fending Off Choice’s Hostile Bid

Wyndham wants to retain its stronghold in economy lodging while expanding into higher-end properties that generate larger franchise fees. The company saw a swift increase in development deal signings after rival Choice Hotels abandoned its hostile takeover attempt last month.

Wyndham Pushes Premium Strategy After Fending Off Choice’s Hostile Bid

Hotels

U.S. Budget Hotels Feel the Pinch: Is Inflation the Culprit?

America's economy hotels experienced a case of the first-quarter blues as the budget travel crowd appeared to spend less. Could inflation be to blame?

U.S. Budget Hotels Feel the Pinch: Is Inflation the Culprit?

Hotels

Accor Signs Record Number of Hotels in India in 2023

India is a strong player in Accor's global vision. The record-breaking expansion in 2023 is a step towards its goal of opening 30 properties in the country over the next three to five years.

Accor Signs Record Number of Hotels in India in 2023

Hotels

Indian Hotels Company Achieves 300-Hotel Milestone Two Years Ahead of Schedule

IHCL witnessed record number of openings in financial year 2023-24. The company's aggressive expansion led its portfolio to grow 19% in one year.

Indian Hotels Company Achieves 300-Hotel Milestone Two Years Ahead of Schedule

Hotels

IHG Signs 24 Hotel Projects in China, Reveals Latest Trends

The franchise model allows for rapid expansion and scalability, which is particularly helpful for a market like China, where the demand for accommodations is high.

IHG Signs 24 Hotel Projects in China, Reveals Latest Trends

Hotels

What Park Hotels’ IPO Says About Its Expansion Plans: India Report

India's middle-class is reshaping the nation's travel landscape. This surge in disposable income also marks a transformative shift in consumer behavior and spells out promising prospects for the hospitality sector.

What Park Hotels’ IPO Says About Its Expansion Plans: India Report

Airlines

Soneva CEO Hopes For Resolution To India-Maldives Dispute: India Report

Soneva resorts Chief Executive Officer Sonu Shivdasani's comment is a testament to the fact that tourism industry has taken a hit following India-Maldives diplomatic dispute.

Soneva CEO Hopes For Resolution To India-Maldives Dispute: India Report