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Tourism and Hospitality Industry India News & Recent Update | IBEF

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Have become the second-largest hotel group in China: Oyo New Delhi: India's largest hospitality company OYO has become the second largest hotel group in China in just 18 months of its launch in the country....

PTI May 23, 2019

Indian Hotels signs US$ 600 million investment partnership with Singapore's GIC Bengaluru: Indian Hotels Company Limited (IHCL) has entered into a strategic partnership with Singapore's wealth fund GIC Pte Ltd for setting up of an investment platform worth Rs 4,000 crore (US$ 600 million) over a period of three years....

Livemint May 17, 2019

80,000 cricket crazy Indians likely to head to England for World Cup Mumbai: Around 80,000 Indians are expected to travel to England for the Cricket World Cup 2019....

Business Standard May 08, 2019

OYO to buy Amsterdam-based vacation rental company @Leisure for Rs 2,880 cr Bengaluru: OYO Rooms announced is acquiring Amsterdam-based vacation rental company @Leisure Group for Rs 2,880 crore (US$ 412.39 million), providing it access to over 300,000 rooms across Europe....

Business Standard May 02, 2019

InterGlobe Hotels plans Rs 700 cr investment to add 6 hotels in India by 2022 New Delhi: InterGlobe Hotels expects to invest about Rs 700 crore (US$ 100.23 million) for setting up six new hotels in India by 2022....

PTI April 29, 2019
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