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This IPO is poised to be the second largest in the hotels & resorts sector after Chalet Hotels’ ₹1,641 crore offering in February 2019.
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Both the luxury and midscale and economy segments exhibited the greatest year-on-year margin declines.
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The global hotels industry is increasingly investing in sports sponsorship, with a total spend of $1.27 billion and an annual spend of $415.4 million…
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BEAUFORT, N.C., Aug. 22, 2023 /PRNewswire/ -- The Beaufort Hotel has landed top honors with USA Today's 10Best Readers' Choice Awards as "Best Boutique Hotel" in America. It's the second year in a row the hotel has won the coveted award…
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Vietnam’s government is striving to attract more international visitors for lengthier stays, in the wake of at least 140 high end hotels poised to boost the country’s portfolio.
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The easing of pandemic-induced lockdowns has led to a huge spike in demand for hotel rooms as travellers rekindle their travel plans and seek out the experiences they’ve been missing.
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You’ve probably noticed it, too – the increased trend towards clustering revenue management positions. Done right, it can help you manage costs, increase efficiency and boost revenue.
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In this episode the second of a mini-series on revenue management and pricing strategies, we speak with Radisson, Preferred Hotels and IDeaS RMS about the hotel performance metrics and how they are changing…
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