Online travel platform EaseMyTrip NSE -0.51% announced on Thursday that it has acquired hospitality management company Spree Hospitality. This is EaseMyTrip’s second acquisition. The company…
Ministry of Tourism and IRCTC pacts to strengthen the tourism industry of India
New Delhi: The Ministry of Tourism has signed an agreement with the Indian Railway Catering and Tourism Corporation (IRCTC NSE 2.07%) as part of its…
By 2025, India would have contributed to a total of 270 million POS shipments worldwide
New Delhi: According to a new estimate, global point-of-sale device (POS) shipments are predicted to reach 270 million units by 2025, with a compound annual…
Tourism Industry to make a comeback in India, kickstarting growth & recovery
New Delhi: “The pandemic has helped promote environmental awareness amongst travellers and today, it’s encouraging to see people actively seeking sustainable travel choices,” MakeMyTrip Co-Founder…
7-year-old startup- OYO to rise above $ 1.2 bn in the IPO
New Delhi: Hospitality major OYO is looking to file for an initial public offering (IPO) as soon as next week, media reports said. According to…
Hospitality & Tourism Industry to strengthen its roots with MoU between MakeMyTrip India & Ibibo
New Delhi: Ministry of Tourism in its ongoing efforts to strengthen the Hospitality & Tourism Industry especially in the times of the pandemic has signed…
Hospitality demand in domestic sector rises; accords 6% rise by Indian Hotel
A 20-month high of Rs 157.25 was accorded with a 6 percent hit on the BSE in intra-trade by Indian Hotel shares, this Wednesday.In the…