Chennai, March 10 (IANS) Tamil Nadu Chief Minister M.K. Stalin on Tuesday chaired a high-level review meeting at the State Secretariat in Chennai to assess the potential impact of the ongoing US–Iran conflict on the State and to formulate appropriate response measures. The meeting focused on the possible economic and logistical consequences of the conflict, particularly disruptions in the supply of petroleum products and liquefied petroleum gas (LPG), which could affect households, businesses …
Latest Hospitality Industry News & Updates
New Delhi, March 3 (IANS) The domestic hospitality industry is likely to post sustained healthy performance in FY26 as revenues projected to grow 9–12 per cent year-on-year (YoY), a report said on Tuesday.This will be supported by steady domestic leisure travel, MICE activity, weddings and resilient corporate demand, according to the ICRA report.The report noted that the growth outlook remains favourable despite the high base of FY25.The rating agency has projected average room rates (ARRs) to…
Shimla, Feb 2 (IANS) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Monday launched the dedicated home stay registration portal, http://homestay.hp.gov.in, designed to simplify the administrative process. The new platform allows operators to complete their registration online, ensuring a user-friendly experience from the comfort of their homes. The Chief Minister emphasised that the state government is committed to facilitating hotel owners and home stay operators to ensure that their…
New Delhi, Jan 14 (IANS) The Indian hospitality market is exhibiting higher structural growth driven primarily by domestic travel demand, which makes the sector less exposed to global shocks than in the pre-Covid-19 period, a report said on Wednesday.The report from ICRA said industry revenues are expected to grow in FY26 despite a high FY25 base, supported by leisure travel, meetings, incentives, conferences and events, weddings, and business travel.Pan‑India premium hotel occupancy rate is a…