HOTEL SECTOR NEWS
IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 cr
Indian Hotels Company (IHCL), a Tata Group firm, has finalized its acquisition of a 51% stake in Brij Hospitality for approximately Rs 222 crore. This strategic investment, made through IHCL and its step-down subsidiaries, now makes Brij Hospitality a subsidiary of IHCL. The deal involved purchasing shares from existing shareholders and a primary investment in Brij.
Lemon Tree Hotels shares soar 13%. What’s keeping traders active?
Lemon Tree Hotels' shares surged over 13% following the announcement of its expansion into Gujarat with a new hotel signing. This move, part of a broader asset-light growth strategy, reinforces the company's focus on tourism and pilgrimage markets. The company is also undergoing a strategic restructuring with Warburg Pincus to unlock shareholder value.
Stocks in news: Wipro, Angel One, HDB Financial, Clean Max Enviro, M&M
In today's trade, shares of Wipro, Angel One, HDB Financial, Clean Max Enviro, M&M among others will be in focus due to various news developments and fourth quarter results.
Hoteliers hope for swift West Asia rebound
The hospitality sector anticipates a strong recovery in the Middle East after the US-Iran ceasefire. Industry leaders expect occupancies in markets like Dubai to bounce back by September. While rates may take longer to reach previous levels, the ceasefire is seen as positive news for tourism and energy markets. Airline flight frequencies will play a key role in the rebound.
Stocks in news: TCS, HDFC Bank, ITC Hotels, Hyundai India, Adani Enterprises
Markets surged for the fourth consecutive session, buoyed by favorable geopolitical cues. Key stocks like TCS, HDFC Bank, ITC Hotels, Hyundai India, and Adani Enterprises are in focus due to Q4 results and news developments. Analysts emphasize the need for continued buying and stable crude oil prices for sustained gains.
US-Iran ceasefire set to ease pressure on India's energy supplies
India's energy outlook improves as a ceasefire between Iran and the US brings down crude oil prices. The critical Strait of Hormuz is reopening, easing concerns over energy imports. India had faced supply disruptions for LPG and natural gas. Efforts are underway to free stranded Indian vessels.
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Gas supply to fertiliser plants raised to 90% of demand amid West Asia war, Hormuz closure
Natural gas supply to fertilizer plants has reached 90 percent of their needs. Oil companies are procuring liquefied natural gas from the spot market. This is part of measures to manage fuel availability due to disruptions linked to the Strait of Hormuz situation. Other industrial and commercial sectors will also see increased gas supply.
Iran-Israel war: UAE plans to introduce tourism package as travel and aviation sectors face challenges
The United Arab Emirates is launching a new support package for its tourism sector. This comes as regional tensions impact travel and aviation. Dubai has already introduced a one billion dirham relief fund. This allows hotels and tourism businesses to defer government fees for three months. The government is also monitoring prices and supply chains to ensure economic stability.
The Dubai war narrative is looking a little stretched
The United Arab Emirates faces significant challenges as a US-Israeli war with Iran disrupts oil supplies and impacts its economy. Dubai's stock market has seen a notable decline, and hotels are cutting prices. Despite official assurances, the war's prolonged nature raises concerns about the region's growth and its future as a global finance hub.
Govt announces 70% allocation of commercial LPG with focus on priority industries
The Indian government has boosted commercial LPG allocation to states and union territories to 70 percent. This move prioritizes key industries such as steel, automobile, and textile. The decision aims to ease supply pressures and support labor-intensive sectors. Refineries are operating at high capacity, and import requirements have reduced.
How US-Israeli war on Iran is upending global business
The ongoing U.S.-Israeli conflict with Iran has created a ripple effect across the fabric of global trade. Businesses are feeling the pinch of rising energy costs and shortages of fundamental raw materials that fuel their operations. With crucial trade routes in jeopardy, everything from food supplies to auto parts is at stake.
Israel Iran War Day 16 News Updates: Strikes, missile attacks, and global responses intensify
Israel Iran Conflict Day 16 Latest Updates: The Iran, United States, and Israel conflict enters its 16th day with escalating tensions. Global concern mounts as Middle East conflict intensifies. Rockets hit Baghdad airport, Iran-backed militias target U.S. sites, and Israel faces multiple missile barrages, including attacks on civilian areas.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
How US-Israeli war on Iran is upending global business
Global trade faces major disruption due to the U.S.-Israeli war on Iran. Flights are cancelled, and air travel is in crisis. Critical raw material supplies are squeezed. Businesses from airlines to banks are impacted. This conflict affects everything from food to car parts, creating significant global economic challenges.
Who was Shakun Group’s Vallabh Maheshwari, killed in a BMW crash on the Delhi–Mumbai Expressway?
Vallabh Maheshwari, managing director of Shakun Group, died in a road accident on the Delhi–Mumbai Expressway while on a religious trip from Jaipur to Mathura. His BMW overturned near milestone 136.8, crashing through barricades and hitting a culvert. The 62-year-old businessman was declared dead at the hospital.
Indian, Bangladeshi nationals killed in Saudi Arabia in first deaths from widening Iran war
The Iran war's targets have dangerously widened into civilian infrastructure. Bahrain accuses Iran of striking a crucial desalination plant. Iran's president vows to expand attacks on U.S. targets. Saudi Arabia reports its first civilian deaths. Foreign residents and workers have made up most of the war's deaths in Gulf nations. Anger grows in the region.
Trump rejects settling Iran war, raises prospect of killing all its potential leaders
US President Donald Trump said he is not interested in negotiating with Iran and suggested the war could end only if Tehran’s military and leadership are eliminated. Speaking aboard Air Force One, he said the ongoing air campaign might make talks irrelevant if Iran’s leadership structure collapses.
Canada faces labour shortage despite low unemployment as foreign worker caps take effect; How government plans to fill it
Canadian businesses face critical labour shortages as new federal limits on temporary foreign workers take effect, forcing many to leave. Despite a low unemployment rate, sectors like manufacturing and hospitality are struggling to fill positions. The government aims to reduce temporary worker numbers by 2027, prioritizing skilled immigration to address the gap.
Indian expat was sitting in plane at Dubai airport when Iran attacked UAE. 'Instant humanity' response of the country goes viral
Amidst rising Middle East tensions impacting air travel, the UAE's airports have demonstrated exceptional crisis management. Dubai's efficient handling of stranded passengers, including on-the-spot emergency visas, and Abu Dhabi's directive for hotels to absorb lodging costs for affected travelers highlight the region's commitment to passenger welfare and hospitality during disruptions.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
It is not every day that a sector that is important to the market is hit badly. The solace is that it is not happening only to Indian IT stocks, but to global giants as well. That is why there is honestly no point in trying to guess when this phase will end, because such global changes take time. Does it mean the world of equity markets will come to a standstill? The answer is no. But investors will have to display a bit of discipline.
S&P 500, Nasdaq dip with economic data, earnings in focus
Drawing a mixed bag of reactions from Indian investors, the US market outcome presented a dichotomy. The Dow Jones celebrated a new peak, yet the S&P 500 and Nasdaq ended on a down note. Attention turns towards forthcoming labor statistics, as heavy tech spending on artificial intelligence weighs on market psychology.
India’s hotel industry stays resilient in 2025 despite geopolitics, airline crisis and weather woes
India's hospitality sector demonstrated remarkable resilience in 2025, overcoming geopolitical challenges and adverse conditions to achieve sustained growth. Hotels saw significant increases in occupancy, average daily rates, and revenue per available room, driven by a substantial addition of new rooms and strong domestic travel demand.
Strong balance sheet, brand & management are enough to create wealth: 8 stocks with upside potential from just 2% to 32%
A good stock is only good in a time frame – the time frame in which it gets you returns. A good company is one which fares well even in a downturn because it has an assured market, is among the top two players in its industry, has a long growth runway, a management that has a track record, and shares wealth with its retail shareholders. Having such companies in your portfolio increases the chance of compounding. And creating wealth.
Budget 2024: Hospitality players seek infra status for hotels
Advocates from the hospitality industry are urging the government in the upcoming Union Budget to classify hotels as infrastructure to enhance investment appeal and move away from luxury or 'sin' goods labels. They seek incentives like tax breaks for eco-friendly practices, highlighting tourism's potential for GDP growth and job creation.
Hospitality sector: G-20 tailwinds, 5 stocks with an upside potential upto to 33%
Hotels and airlines are the ones which see a busy season normally in the third quarter. Both holiday travel and leisure travel are at their peak during this period. However if one goes by how airline fares have shot up even for summer months of 2023 and hotel rates which have gone up, thanks to G-20 meeting and related events, both sectors could throw a surprise.
Hotel Leelaventure surges 10% on Brookfield deal
Brookfield Asset Management has finalised the terms and conditions to acquire Hotel Leelaventure.
Oyo good for market: KJ Alphons
The tourism ministry came out with its own set of voluntary guidelines for OTAs and bed-and-breakfast establishments and home-stay options on December 7. The ministry had said the guidelines have been devised to ensure that there are adequate safeguards against deficiency of service.
Union Budget 2012: Hotel industry seeks infrastructure status
Industry chambers FICCI and ASSOCHAM are of the opinion that the Finance Minister Pranab Mukherjee should look to provide infrastructure status to the hotel industry in the Union Budget 2012.
SIHRA sees pressure on hotel ARRs in short term
The good news for the hotel sector is that the performance over October and November was encouraging. The not-so-good part is that the average room rate (ARR) has dropped.
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