Hospitality

QSR sector underneath stress as a consequence of decrease dine-in footfalls, increased supply offtake on aggregators: Analysts

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Fast-service restaurant (QSR) sector, which incorporates pizza and burger chains, remained underneath stress within the March quarter as a consequence of decrease dine-in footfalls amidst tepid demand developments, based on analysts. Nevertheless, trade gamers have expressed optimism about gradual restoration in FY25. As per a report launched by BNP Paribas, the QSR income progress for … Read more

Accor is aiming for the second spot within the Indian hospitality market: APAC, CEO, Duncan O’Rourke

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French hospitality chief Accor is setting bold targets for India. At present holding the quantity three spot by room depend, Accor goals to grow to be the second-largest worldwide resort operator in India throughout the subsequent 4 years, in keeping with Duncan O’Rourke, Center East, Africa & Asia Pacific, CEO of Accor. Chatting with businessline, … Read more

Indian hospitality and tourism intention to generate 58.2 m jobs by 2033, search govt help for trade standing

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The hospitality and tourism sectors in India are anticipated to generate a considerable 58.2 million jobs by 2033, in line with insights shared through the sixth HAI 2024 Conclave. Business chief stated that it was vital to have authorities help in granting trade and infrastructure standing to harness the complete employment potential. The Resorts’ Affiliation … Read more

Royal Orchid expands footprint in Andhra Pradesh

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Bengaluru-based Royal Orchid & Regenta Resorts has launched a brand new upscale expertise via their newest property the Regenta Inn Bhavani, situated in Nellore, Andhra Pradesh. At present, it operates 97 operational properties in complete.  The brand new property is situated simply minutes away from the central bus stand, quarter-hour from the central prepare station, … Read more